$389,900

523 N Fairground Way Elmwood, IL 61529

$4,630
Closing credit¹
4 beds
2 full, 1 partial
3,880 sqft
0.6 acres
$100 / sqft
House

Property details

About 523 N Fairground Way

Welcome to this beautifully updated 4-bedroom, 2.5-bathroom home, nestled in the charming town of Elmwood—where quaint appeal meets modern living. Experience small-town living while staying close to city conveniences. Just a 10-minute drive to I-74, a quick 25-minute trip to The Shoppes at Grand Prairie, and only 30 minutes from Downtown Peoria, this location offers the perfect balance of peaceful living with easy access to shopping, dining, and entertainment. As you step inside, you’ll be greeted by a soaring grand foyer that opens into the spacious living room and family room with a cozy fireplace, seamlessly connected by french doors. Hardwood floors throughout the living room and kitchen add an elegant touch, making these areas perfect for both relaxing and entertaining. The kitchen is thoughtfully designed with a built-in desk and breakfast bar. The master suite boasts a private great room that can easily double as an office, home gym, or cozy retreat. Step outside to your own backyard oasis with a screened-in porch and a relaxing hot tub. The huge yard also includes a shed for additional storage, along with raised garden beds for the green thumb in the family. The partially finished basement offers versatile space for whatever you envision, from a home theater to a playroom or extra living area. Throughout the home, solid oak doors add a touch of craftsmanship and timeless appeal. Schedule an appointment today to make this home yours!

Highlights

Home typeSingle Family Residence
HeatingElectric, Natural Gas, Forced Air, Central
StatusActive
Size3,880 sqft
BasementYes
Lot size0.55 Acres
Year built2005
ParkingAttached, Paved
MLS #PA1255831
Attached garage2 spaces
FireplaceFamily Room, Gas Log

Summary

  • MLS Number: PA1255831
  • MLS Name: RMLSA
  • Office Name: RE/MAX Traders Unlimited
  • Listing Agent: Marilyn Kohn

IDX Listings courtesy of RMLS Alliance as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance®. Real estate listings held by brokerage firms other than this broker are marked with the RMLSA logo and detailed information about them includes the name of the listing brokers. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. Copyright © 2025 Peoria Area Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/15/2025, 2:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

colonial-style house featuring a front yard, concrete driveway, and a garage

$389,900

523 N Fairground Way

$4,630

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jun 30, 2022
Home Sold
$320,000
Aug 05, 2009
Home Sold
$220,000

Tax history

YearAssessmentProperty Tax
2023$87,130$6,994
2022$81,380$6,535
2021$80,570$69,570
2020$83,060$7,333
2019$81,430$7,187
2018$80,400$7,069
2017$76,580$6,777

History based on county public records data.

Nearby schools

8

Elmwood Elementary School

Public District KG-6

0.6 mi

501 N Morgan St

5

Farmington Central Elementary School

Public District PK-5

6.4 mi

108 N Lightfoot Rd

9

Williamsfield Elementary School

Public District PK-4

10.5 mi

325 W Kentucky 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 $64,592. Most Elmwood, IL residents have annual incomes between $35k-100k. The most common type of family is married, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

23%
<35k
61%
35k-100k
15%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

31%
Single, No Kids
8%
Single, with Kids
33%
Married, No Kids
28%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
10%
12-17 yrs old
16%
18-34 yrs old
40%
35-64 yrs old
17%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • NASCARNASCAR
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • Wal-MartWal-Mart
  • Bass Pro ShopsBass Pro Shops

Where do the neighbors go to eat?

  • Jimmy JohnsJimmy Johns
  • Hardee'sHardee's
  • ApplebeesApplebees

What do the neighbors drive?

  • ChevroletChevrolet
  • RamRam
  • GMCGMC

What do the neighbors listen to?

  • New CountryNew Country
  • Classic CountryClassic Country
  • CountryCountry
All data provided by Home Junction and Claritas

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Frequently asked questions

About 523 N Fairground Way

This home is located at 523 N Fairground Way in Elmwood, IL and zip code 61529 in the Fairground Acres neighborhood. This 3,880 square foot home, which was built in 2005, sits on a 0.55 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 5, 2025 and is currently priced at $389,900.

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

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