582 PARK Street
Elgin, IL, 60120 $ 319,000
Bedrooms4 Baths1.1 Sq 2,000 Monthly Estimate*
$ 2,014
for $319,000 with 4 bedrooms and 1 full bath, 1 half bath. This 2,000 square foot home was built in 1901.
*MULTIPLE OFFERS* Highest and Best due 10 am, Monday, October 5th. Welcome to 582 Park Street, an extraordinary opportunity to own a distinctive piece of Elgin history. Built in 1901 and designed by architect David Postle, this remarkable Shingle Style residence with Victorian and Queen Anne influences showcases the craftsmanship, architectural character and attention to detail that simply cannot be replicated in today's construction. The home makes an unforgettable first impression with its dramatic bell-shaped tower, sweeping rooflines, decorative brackets, distinctive windows and expansive front porch, a wonderful outdoor living space that sets the stage for what awaits inside. Step through the front door and the craftsmanship immediately takes center stage. The grand foyer features gorgeous hardwood floors, substantial original millwork and a spectacular handcrafted staircase with beautifully preserved newel posts, balusters and rich wood detailing. Just off the foyer is a dedicated home office or library, filled with natural light and highlighted by beautiful woodwork and incredible French-style pocket doors, an architectural detail rarely found today. The spacious living room continues the home's timeless character with hardwood flooring, rich wood trim and a striking fireplace with an ornate wood mantel and tile surround. From there, enter what may be one of the most memorable rooms in the house: the magnificent formal dining room. Look up and you'll discover an extraordinary geometric coffered and beamed ceiling, complemented by extensive natural woodwork, wainscoting, a beautiful chandelier and a spectacular hand-carved built-in china cabinet with glass-front display cabinetry. This is true turn-of-the-century craftsmanship. The kitchen blends historic character with everyday functionality, featuring white cabinetry, stone countertops, stainless-steel appliances, subway-tile backsplash, hardwood flooring and abundant natural light. Just beyond is a wonderful main-level sunroom, surrounded by windows and offering a bright, flexible space for casual dining, morning coffee, reading or simply relaxing and enjoying the views. Upstairs you'll find four bedrooms along with yet another special feature, a second-floor rear sunroom wrapped in windows. Use it as a sitting room, studio, office, reading retreat or additional flexible living space. And don't overlook what is above. The large unfinished walk-up attic offers tremendous potential for future expansion. Its impressive rooflines and substantial open space provide an exciting opportunity for additional living, recreation or creative space, subject to applicable approvals. Throughout the home, original hardwood floors, substantial moldings, beautiful doors, historic windows and exceptional natural woodwork serve as reminders that 582 Park Street isn't simply an older home, it is a home built with artistry. Its history is equally compelling. Conrad and Millie Ackemann moved into the newly completed residence in 1901. Conrad and his brothers were associated with the prominent Ackemann Brothers department store, and Conrad was active in the Elgin community. The home's signature porch was later rehabilitated using an original 1903 photograph as historical reference, and previous owners were recognized with Elgin's Henry Jensen Award for restoration and rehabilitation efforts. Situated on approximately .21 acres with a detached garage, this is a rare opportunity to become the next steward of a home with more than 125 years of history. From the grand staircase and extraordinary dining room to the French-style pocket doors, fireplace, two sunrooms, expansive porch and untapped attic potential, there is something special around virtually every corner. For the buyer searching for craftsmanship, history, character and a home unlike anything being built today, welcome home to 582 Park Street.
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FeaturesGeneralLiving Area 2000
Sewer Public Sewer
Heating Natural Gas Forced Air
Cooling None
Possession Closing
Roof Shake
HOA Fee 0
Garage Spaces 1.5
Association Fee Includes None
Architectural Style Queen Anne
Construction Materials Frame
Year Built 1901
Electric Circuit Breakers
Township Elgin
Tax Year 2025
Ownership Fee Simple
Community Features Sidewalks Street Lights
Assoc Fee Paid Per Not Applicable
County Kane
New Construction N
Property Type Residential Detached Single
Total Rooms 9
Full Baths 1
Status Active
Directions LIBERTY TO PARK ON CORNER
High School Elgin High School
City Elgin
High School District 46
MLS Area Elgin
Tax Annual Amount 6570
Middle/Junior High School Larsen Middle School
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 46
Elementary School District 46
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InteriorBasement Unfinished Full Walk-Out Access
Flooring Hardwood Laminate
Total Fireplaces 1
Half Baths 1
Total Bedrooms 4
Room Type Enclosed Balcony Enclosed Porch Foyer Tandem Room
Total Baths 2
Bedrooms Possible 4
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ExteriorParking Features Asphalt No Garage Yes Garage Owned Detached Garage
Lot Features Corner Lot
Water Source Public
Total Parking 1.5
Foundation Details Stone
Lot Dimensions 132 X 66
Waterfront Y/N N
Other Equipment Ceiling Fan(s)
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* Excluded FeaturesList Byerik.gimbel@compass.com;pipsilk@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,014
- Monthly Property Taxes
- $548
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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 $503,698
Percent of Sale Price 58%
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.
567545 Elementary School
565206 Middle School
Elgin High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/1/2026 | $319,000 | | Listed Price |