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$395,000 Contingent

  • For Sale
  • Contingent
  • Single Family
  • 4 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 1,367 Sq. Ft.
  • 2 Car Garage
  • Updated 6 days ago
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Located in an established neighborhood just blocks from dining, shopping and the popular downtown Riverwalk, this beautifully maintained 4 bedroom, 2.5 bath brick ranch offers a perfect blend of comfort, character and convenience. Set on a landscaped lot, the home welcomes you with a charming front porch and continues to impress with outdoor spaces designed for relaxing and entertaining, including a fenced backyard, covered deck, patio with pergola and firepit. Inside, the inviting living room features hardwood flooring and a cozy fireplace, creating a warm and comfortable gathering space. The eat-in kitchen is beautifully appointed with luxury vinyl plank flooring, stainless steel appliances, granite countertops and soft-close cabinetry. Hardwood flooring extends throughout all main level bedrooms, while the updated bathrooms add a fresh, modern touch. The finished basement expands the living space even further with a spacious family room featuring a bar, a 4th bedroom and a full bath, making it ideal for guests, recreation, hobbies or a home office. Additional updates include some newer windows, recent exterior painting and a high-efficiency air conditioner installed in 2021. Completing the package is a 2-car attached garage and a fantastic location that puts everyday conveniences, recreation and downtown amenities just minutes from your doorstep.

Full Property Details for 361 S Commonwealth Ave

General

  • Price: $395,000
  • Taxes: $7,474 (2025)
  • Status: Contingent
  • Type: Single Family
  • Source: MRED
  • MLS ID: 12666239

Rental Information

  • Complex Features: Curbs, Sidewalks, Street Lights, Street Paved

Interior

  • Basement: Partially
  • Interior Features: 1st-Floor Bedroom, 1st-Floor Bath
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Living Room, Wood-Burning
  • Appliances: Microwave, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Flooring: Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement Baths: Yes
  • Bathroom Features: Double Sink

Bedrooms

  • Total Bedrooms: 4
  • Bedrooms(Blw Grade): 1

Additional Information

  • Equipment: Carbon Monoxide Detectors, Sump Pump, Backup Sump Pump
  • Other Features: School Bus Service

Exterior

  • Exterior Features: Fire Pit

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 2
  • Parking Features: Concrete, Garage Door Opener, Yes, Garage Owned, Attached, Garage

Location

  • Area: Elgin
  • County: Kane
  • Township: Elgin
  • Driving Directions: Route 20 to Mclean N to Lillian to South to Commonwealth

School Information

  • School District: 46
  • Elem School District: 46
  • Midd School District: 46
  • High School District: 46
  • Elementary School: Harriet Gifford Elementary Schoo
  • Middle School: Kenyon Woods Middle School
  • High School: Larkin High School
  • Private School: Larkin High School

Community

  • Assoc. Fees Include: None

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Info: Ranch
  • Architectural Style: Ranch
  • Construction: Brick
  • Exterior Const.: Brick
  • Basement: Yes
  • Basement Desc.: Partially Finished, Full
  • Roof: Asphalt
  • Windows: Screens
  • Sub-Flooring: Hardwood
  • Square Feet: 1,367
  • Sq. Ft. Source: Assessor
  • Year Built: 1962
  • Built Before 1978: Yes

Additional Structures

  • Other Structures: Pergola

Lot Features

  • Lot Size (Acres): 0.16
  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 55 x 132
  • Fence: Yes
  • Lot Features: Landscaped
  • Fencing (Description): Fenced

Financial Considerations

  • Parking Included: Yes
  • Assessment Year: 1962
  • Tax Amount: $7,474
  • Tax Year: 2025
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 623107003

Listed by One Source Realty

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— 361 S Commonwealth Ave —

  • One Source Realty

  • One Source Realty

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 361 S Commonwealth Ave

School District:School District U-46
NameGradesDistance
Harriet Gifford Elementary School
240 South Clifton Avenue, Elgin, IL 60123
K-60.5 mi
Abbott Middle School, Elgin, IL
949 Van Street, Elgin, IL 60123
7-80.5 mi
Larkin High School
1475 Larkin Avenue, Elgin, IL 60123
9-120.8 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Tax History for 361 S Commonwealth Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,084
5%
$97,611
11%
2023
$6,752
6%
$88,184
10%
2022
$6,374
5%
$80,409
7%
2021
$6,097
—
$75,177
6%
2021
$6,097
6%
$70,968
5%
2019
$5,753
6%
$67,602
11%
2018
$5,421
2%
$60,835
6%
2017
$5,298
5%
$57,511
8%
2016
$5,050
2%
$53,355
9%
2015
$4,975
-6%
$48,905
1%
2014
$5,313
20%
$48,301
-3%
2013
$4,439
—
$49,575
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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361 S Commonwealth Avenue, Elgin, IL 60123 (MLS# 12666239) is a Single Family property with 4 bedrooms, 2 full bathrooms and 1 partial bathroom. 361 S Commonwealth Avenue is currently listed for $395,000 and was received on June 04, 2026. Want to learn more about 361 S Commonwealth Avenue? 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.

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