391 Cornell Lane
Elgin, IL, 60123 $ 250,000
Bedrooms4 Baths2.1 Sq 1,428 Monthly Estimate*
$ 1,560
for $250,000 with 4 bedrooms and 2 full baths, 1 half bath. This 1,428 square foot home was built in 1976 on a lot size of 0.18.
Investor or Handyman Special! Don't miss this incredible opportunity to own a charming colonial-style home ideally located near College Park and just minutes from the restaurants, shopping, and entertainment along Randall Road. Nestled on a quiet residential street, this property offers outstanding potential for investors, renovators, or buyers eager to customize their next home. From the curb, you'll appreciate the classic white exterior with low-maintenance aluminum siding, a durable concrete driveway, and a spacious two-car garage. Inside, the main level features a generous family room, two nicely sized bedrooms, a full bath, and a bright eat-in kitchen, while the second level offers two additional bedrooms and another full bath-perfect for family, guests, or a home office setup. Recent improvements include second-story windows and a main-level sliding glass door replaced approximately eight years ago, along with a new water heater installed last year. The finished basement is an extra perk, offering high ceilings, a half bath, and a full-size laundry room. Outside, the large backyard includes a concrete patio, garden shed, and plenty of room for pets or entertaining. Whether you're an investor looking for a strong value-add opportunity or a homeowner ready to bring your vision to life, this home offers exceptional value and endless possibilities. Offered AS-IS. Sale subject to court approval.
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FeaturesGeneralLiving Area 1428
Sewer Public Sewer
Heating Natural Gas
Cooling Central Air
Possession Closing
Roof Asphalt
Appliances Range Dishwasher Washer Dryer Disposal
HOA Fee 0
Garage Spaces 2
Association Fee Includes None
Architectural Style Colonial
Construction Materials Aluminum Siding
Year Built 1976
Township Elgin
Tax Year 2024
Ownership Fee Simple
Community Features Curbs Sidewalks Street Lights Street Paved
Assoc Fee Paid Per Not Applicable
County Kane
New Construction N
Property Type Residential Detached Single
Contingency Attorney/Inspection
Subdivision Name College Park
Other Structures Shed(s)
Total Rooms 7
Full Baths 2
Status Contingent
Directions South on S. Randall Road to South Street; East on South Street to Gale Street; South on Gale Street to Cornell Lane; Northeast on Cornell Lane to Destination on East side of Cornell Lane
High School Larkin High School
City Elgin
High School District 46
MLS Area Elgin
Elementary School Hillcrest Elementary School
Tax Annual Amount 6778
Middle/Junior High School Abbott Middle School
Additional Parcels Y/N N
Standard Status Active Under Contract
Middle/Junior School District 46
Elementary School District 46
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InteriorInterior Amenities 1st Floor Bedroom 1st Floor Full Bath Built-in Features
Basement Finished Full
Flooring Carpet
Total Fireplaces 0
Half Baths 1
Laundry Features Electric Dryer Hookup In Unit Sink
Total Bedrooms 4
Below Grade Finished Area 952
Room Type No additional rooms
Total Baths 3
Bedrooms Possible 4
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ExteriorParking Features Concrete Garage Door Opener Yes Garage Owned Attached Garage
Water Source Public
Total Parking 2
Foundation Details Concrete Perimeter
Lot Dimensions 49x77x110x112
Lot Size Acres 0.18
Waterfront Y/N N
Other Equipment Ceiling Fan(s)
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* Excluded FeaturesList By@Properties Christie's International Real EstateBroker
matt.spitzer12@gmail.com;MattSpitzer@atproperties.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,560
- Monthly Property Taxes
- $565
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Elgin, IL
Average List Price $487,696
Percent of Sale Price 95%
About Elgin, IL 114,155 Population
21% Since 2002
$ 61,828 Median Income
35.71 Median Age
38% Households with Children
Trends Information provided by ATTOM Data Solutions.
567709 Elementary School
565438 Middle School
Larkin High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/23/2025 | $250,000 | | Listed Price |
391 Cornell Lane, Elgin, IL, 60123 is a Single Family Home for sale at $250,000 with 1,428 sqft and a lot size of 0.18. 391 Cornell Lane has 4 bedrooms, 2.1 baths, and was built in 1976. The property's zip code is 60123 which is in Elgin, IL