$329,900

370 N Commonwealth Ave Elgin, IL 60123

$3,918
Closing credit¹
2 beds
1 full, 1 partial
1,155 sqft
0.2 acres
$286 / sqft
House

Property details

About 370 N Commonwealth Ave

WELCOME HOME, THIS HOME IS LARGER THAN IT LOOKS. THIS 2 BEDROOM HOME CAN EASILY BE A 3 BEDROOM WITH A FINISHED BASEMENT. THIS HOME IS LOCATED IN THE DESIRABLE WING PARK NEIGHBORHOOD! THE FIRST FLOOR FEATURES A GREAT OPEN PLAN WITH A HUGE LIVING ROOM, EAT IN KITCHEN & TWO GENEROUS BEDROOMS UPSTAIRS. THE LOWER LEVEL FEATURES LARGE FAMILY ROOM, HALF BATH AND A WORKSHOP/STORAGE AREA. THE SPACIOUS LAUNDRY ROOM CAN ALSO BE PERFECT FOR ADDITONAL SPACE OR STORAGE. NOTHING TO DO BUT MOVE IN. LOCATED NEAR DOWNTOWN ELGIN, SHOPPING, DINING, TWO METRA STATIONS AND I-90 FOR COMMUTING. COME SEE IT TODAY.

Highlights

Home typeSingle Family Residence
HeatingNatural Gas, Forced Air
StatusAccepting Backup Offers
(Contingent)
CoolingCentral Air
Size1,155 sqft
BasementYes
Lot size0.2016 Acres
Year built1955
ParkingConcrete, Garage Door Opener, On Site, Garage Owned, Detached, Garage
MLS #12388641
Garage2 spaces

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Yes
  • Interior: 1st Floor Bedroom, 1st Floor Full Bath
  • Total Bedroom Count: 2
  • Garage Space: 2 spaces
  • Parking: Concrete, Garage Door Opener, On Site, Garage Owned, Detached, Garage
  • Architectural Style: Ranch
  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air
  • List Price: $329,900
  • Price/SqFt: $285
  • HOA Amount: $0
  • Annual Tax Amount: $5,566
  • Tax Year: 2023
  • Directions: WING ST W TO COMMONWEALTH; COMMONWEALTH S TO PROPERTY ON RIGHT
  • Year Built: 1955
  • Living Area: 1,155 SqFt
  • Lot Size: 0.2016 Acres
  • MLS Number: 12388641
  • MLS Name: MRED
  • Office Name: Century 21 Circle
  • Office Phone: (630) 369-2000
  • Office Email: cookie901@aol.com
  • Listing Agent: Omar Cavada

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370 N Commonwealth Ave, Elgin, IL 60123 - view of front of home featuring brick siding, a front yard, and a shingled roof

$329,900

370 N Commonwealth Ave

$3,918

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Dec 29, 2021
Home Sold
$237,500
Jul 31, 2014
Home Sold
$140,000

Tax history

YearAssessmentProperty Tax
2023$73,295$5,566
2022$66,832$5,274
2021$62,483$5,039
2020$59,650$4,893
2019$56,820$4,698
2018$53,528$4,587
2017$50,603$4,587

History based on county public records data.

Nearby schools

3

Highland Elementary School

Public District KG-6

0.5 mi

190 N Melrose Ave

4

Washington Elementary School

Public District KG-6

0.6 mi

819 W Chicago St

4

Harriet Gifford Elementary School

Public District KG-6

1.1 mi

240 S Clifton Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $71,748. The majority of Elgin, IL residents have income between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

12%
<35k
57%
35k-100k
24%
100k-200k
7%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

33%
Single, No Kids
10%
Single, with Kids
32%
Married, No Kids
25%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
9%
12-17 yrs old
21%
18-34 yrs old
43%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • SoccerSoccer
  • College BasketballCollege Basketball
  • Symphony or OperaSymphony or Opera

Where do the neighbors shop?

  • BurlingtonBurlington
  • DillardsDillards
  • Chico'sChico's

Where do the neighbors go to eat?

  • WingstopWingstop
  • Logan's RoadhouseLogan's Roadhouse
  • Boston MarketBoston Market

What do the neighbors drive?

  • NissanNissan
  • HyundaiHyundai
  • VolvoVolvo

What do the neighbors listen to?

  • Christian Adult ContemporaryChristian Adult Contemporary
  • RockRock
  • Talk/PersonalityTalk/Personality
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Elgin, IL

Elgin's transport infrastructure includes a variety of options for both private and public transit. The city's road network facilitates easy commuting and travel, with access to major highways. Public transportation services are available, with schedules designed to accommodate the needs of residents. The community also features areas with high walkability, and there are initiatives to enhance bikeability across the city. Ride-sharing services are present, providing additional transportation options for the community.

The community benefits from a solid educational system, with numerous public and private schools providing a range of educational opportunities. Elgin is home to several healthcare facilities, offering services that include urgent care, primary care, and specialized medical treatments. The city also features a network of public libraries and a variety of retail and dining options that showcase the local culture. City initiatives are in place to continually improve services to meet the evolving needs of Elgin's diverse population.

Elgin is celebrated for its rich cultural heritage and community spirit. The city prides itself on its vibrant downtown area, which serves as a hub for local events and festivals that reflect the community's diverse cultural identity. The presence of historical buildings and landmarks contributes to the unique character of Elgin, offering residents and visitors a glimpse into the city's storied past.

Elgin offers a diverse housing market with a blend of historical and contemporary architectural styles. The housing landscape features a selection of single-family homes, which are prevalent, alongside a mix of apartments and townhouses that cater to various preferences. The architectural styles range from Victorian and Colonial to modern constructions, with a significant portion of homes built in the late 20th century. The homeownership rate in Elgin is robust, with a substantial majority of residents owning their homes, while a smaller percentage are renters.

About 370 N Commonwealth Ave

The listing price of 370 N Commonwealth Ave property is $329,900.

The property 370 N Commonwealth Ave is a house located in Elgin, Illinois, 60123.

Accepting Backup Offers: 370 N Commonwealth Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

The nearby schools for 370 N Commonwealth Ave are: Highland Elementary School (GreatSchools Rating 3/10), Washington Elementary School (GreatSchools Rating 4/10), Harriet Gifford Elementary School (GreatSchools Rating 4/10), Kimball Middle School (GreatSchools Rating 2/10), Abbott Middle School (GreatSchools Rating 1/10), Larsen Middle School (GreatSchools Rating 2/10), Larkin High School (GreatSchools Rating 2/10), South Elgin High School (GreatSchools Rating 5/10), Elgin High School (GreatSchools Rating 3/10).

According to the records, the last property tax for 2023 is $5,566 (source: MLS/based on county public records data).

The last sale was on December 29, 2021 for $237,500 (source: MLS/tax record).

The property at 370 N Commonwealth Ave has 2 bedrooms and 1 full and 1 half bathrooms.

The property 370 N Commonwealth Ave is 1,155 SqFt (source: MLS/tax record).

The year of construction for 370 N Commonwealth Ave is 1955.

This home is located at 370 N Commonwealth Ave in Elgin, IL and zip code 60123. This 1,155 square foot home, which was built in 1955, sits on a 0.20 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 9, 2025 and is currently priced at $329,900.

Elgin, IL housing market in May 2025 saw over 50 listings sold above listed price, more than 18 sold at listed price and over 41 sold below. Between April and May 2025, Elgin, IL real estate market has seen increase in the number of listings by 8.7%. While the average time on the market in May 2025 was 17 days, the median list price was $335,003.

From Rocket Homes Real Estate and based on county public records data.

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