38w480 McDonald Road Elgin, IL ^$ 395,000

38w480 McDonald Road

^$ 395,000

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38w480 McDonald Road

Elgin, IL, 60124

^$ 395,000

Bedrooms3 Baths2.0 Sq 2,060

Monthly Estimate*

^$ 2,432

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Single Family Home for sale in Elgin, IL

for $395,000 with 3 bedrooms and 2 full baths. This 2,060 square foot home was built in 1965 on a lot size of 0.75.

Spacious ranch home set on a rare 0.75-acre lot in a quiet, established neighborhood. This property offers a unique opportunity for buyers looking to build equity and create their own vision. The home features over 2,000 square feet of living space with 3 bedrooms and 2 full bathrooms, including a full bath in the finished lower level. The layout provides a solid foundation for renovation or customization. Additional highlights include an oversized 24x24 detached garage and a 12x18 shed, offering ample storage and workspace. Convenient location with access to nearby schools, shopping, and major roadways. Large parcels like this are hard to find-bring your ideas and unlock the potential. Property is being sold as-is.

Single Family Contingent

Price

^$ 395,000

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 5,645

Style

Lot Size

0.75

Year Built

1965

Town/City

Elgin

County/Region

Kane

MLS | Web ID

12606498

Features

General

Living Area 2060

Sewer Septic Tank

Heating Natural Gas

Cooling Central Air

Possession Closing

Garage Spaces 2

Association Fee Includes None

Construction Materials Frame

Year Built 1965

Township Elgin

Tax Year 2024

Ownership Fee Simple

Assoc Fee Paid Per Not Applicable

County Kane

New Construction N

Property Type Residential Detached Single

Contingency Attorney/Inspection

Total Rooms 6

Full Baths 2

Status Contingent

Directions Mcdonald Road to property. Property is west of Stevens Road.

City Elgin

High School District 303

MLS Area Elgin

Tax Annual Amount 5645

Standard Status Active Under Contract

Middle/Junior School District 303

Elementary School District 303

Interior

Basement Finished Partial

Half Baths 0

Total Bedrooms 3

Room Type No additional rooms

Total Baths 2

Bedrooms Possible 3

Exterior

Parking Features Asphalt Yes Detached Garage

Water Source Well

Total Parking 7

Lot Dimensions 119x276

Lot Size Acres 0.75

Waterfront Y/N N

* Excluded Features

List By

Executive Realty Group Llc

Broker

randyledbetter@icloud.com

Affordability Calculator

$2,902

Per Month

Monthly Principal & Interest: $2,432
Monthly Property Taxes: $470
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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.

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Nearby

Trends
Schools

Single family listings in Elgin, IL

Average List Price ^$524,069

Percent of Sale Price 33%

About Elgin, IL

114,155 Population

21% Since 2002

^$61,828 Median Income

35.71 Median Age

38% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565323 Elementary School

568071 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/31/2026	$395,000		Listed Price

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38w480 McDonald Road, Elgin, IL, 60124 is a Single Family Home for sale at $395,000 with 2,060 sqft and a lot size of 0.75. 38w480 McDonald Road has 3 bedrooms, 2.0 baths, and was built in 1965. The property's zip code is 60124 which is in Elgin, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 4/14/2026.

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38w480 McDonald Road

Single Family Home for sale in Elgin, IL

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