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$199,000 Just Listed
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Property Description
This 3-bedroom, 2-bath home offers a functional layout and an excellent opportunity to build equity in today's market, ideal for both investors and first-time buyers ready to make a home their own. The main level features two bedrooms, a full bathroom, and convenient main-floor laundry, creating an easy and practical living setup. The second level includes a loft, an additional bedroom, and a full bathroom, offering flexible space ideal for a primary suite, home office, or guest area. Additional highlights include a 1 car garage and basement space providing ample storage space. For investors, the property presents a clear value-add opportunity with room to renovate, improve, and reposition for resale or long-term rental. Owner-occupants can move in and customize the space over time while building equity. Conveniently located near Downtown Elgin, this home offers easy access to local restaurants, shopping, riverfront trails, and community events. Commuters will appreciate proximity to the Metra Elgin Station and quick access to I-90, making daily travel simple. AS IS sale, no repairs.
Full Property Details
Full Property Details for 331 Orange St
General
- Price: $199,000
- Taxes: $4,256 (2024)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12560083
- Updated: Today (2/18/2026)
- Added to Site: Today
Interior
- Basement: Unfinished
- Interior Features: 1st-Floor Bedroom, 1st-Floor Bath
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Additional Information
- Other Features: School Bus Service, Commuter Bus, Commuter Train
Parking
- Garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: Concrete, Shared Driveway, Yes, Garage Owned, Detached, Garage
Location
- Area: Elgin
- County: Kane
- Township: Elgin
- Driving Directions: RT 31 N OF RT 20 TO ORANGE ST
School Information
- School District: 46
- Elem School District: 46
- Midd School District: 46
- High School District: 46
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Frame
- Exterior Const.: Frame
- Basement: Yes
- Basement Desc.: Unfinished, Partial
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Sub-Flooring: Hardwood
- Square Feet: 2,226
- Sq. Ft. Source: Assessor
- Year Built: 1893
- Built Before 1978: Yes
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.1
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 36 x 136 x 35 x 135
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1893
- Tax Amount: $4,256.22
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 623279002
Listed by Keller Williams Thrive
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Schools
Schools serving 331 Orange St
School District:School District U-46
| Name | Grades | Distance |
|---|---|---|
Lowrie Elementary School 264 Oak Street, Elgin, IL 60123 | K-6 | 0.2 mi |
Abbott Middle School, Elgin, IL 949 Van Street, Elgin, IL 60123 | 7-8 | 1 mi |
Larkin High School 1475 Larkin Avenue, Elgin, IL 60123 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 331 Orange St
Date
Details
Price
Change
Source
2/18/2026
Listed
$199,000
42.14%
MLS
8/31/2017
Sold
$140,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 331 Orange St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,256
6%
$61,184
11%
2023
$4,030
5%
$55,275
10%
2022
$3,850
5%
$50,401
7%
2021
$3,669
—
$47,122
5%
2021
$3,669
7%
$44,985
5%
2019
$3,442
13%
$42,851
21%
2017
$3,035
-3%
$35,507
-5%
2018
$3,120
9%
$37,559
14%
2016
$2,873
2%
$32,941
9%
2015
$2,806
-6%
$30,194
1%
2014
$2,992
19%
$29,822
-3%
2013
$2,507
—
$30,609
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 331 Orange St
331 Orange Street, Elgin, IL 60123 (MLS# 12560083) is a Single Family property with 3 bedrooms and 2 full bathrooms. 331 Orange Street is currently listed for $199,000 and was received on February 18, 2026. Want to learn more about 331 Orange Street? Do you have questions about finding other Single Family real estate for sale in Elgin? You can browse all Elgin real estate or contact a Coldwell Banker agent to request more information.

