This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/22
$299,800 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/22
Property Description
Welcome to 523 Preston Ave, a beautifully updated 2story Cape Cod in the heart of Elgin. Just a short walk from the Elgin National Little League baseball fields, this home blends timeless character with modern upgrades throughout. Inside, you'll find gorgeous original hardwood floors in almost every room, paired with classic built-ins that bring warmth and historic charm. The brand-new bright white kitchen (2025) features luxury finishes, farmhouse sink, tin ceiling, modern appliances, and thoughtful design that makes everyday living feel elevated. The second floor offers two spacious bedrooms and a fully renovated bathroom (2025) with fresh, contemporary style. The finished basement provides even more living space, including an oversized laundry room with a utility sink and a full standup shower. You'll also appreciate the additional storage room, complete with a second refrigerator that will be conveyed with the property. Step outside to a fully fenced backyard oasis featuring a covered brick patio, flagstone garden path, and plenty of room to relax and play. Even better-a trampoline will be included with the home, making this outdoor space truly move in ready for fun. Additional upgrades include a beautiful new front door (2025) that enhances curb appeal and welcomes you home. This one of a kind property is full of charm, character, and modern comfort-ready for its next chapter. Please note the window units are top of the line Midea 12,000 BTU U Shaped Smart Inverter Window Air Conditioner - Cools 550 Sq Ft, Ultra Quiet with Open Window Flexibility - Alexa/Google Assistant Compatible - 35% Energy Savings, Remote.
Full Property Details
Full Property Details for 523 Preston Ave
General
- Price: $299,800
- Taxes: $5,088 (2024)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12558163
- Updated: 2/5/2026
- Added to Site: 2 day(s) ago
Interior
- Basement: Finished, F
- Interior Features: 1st-Floor Bedroom, Built-in Features, Granite Counters, Pantry
- Appliances: Range, Microwave, Dishwasher, High-End Refrigerator, Stainless Steel Appliance(s)
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
- Bathroom Features: Soaking Tub
Bedrooms
- Total Bedrooms: 3
Additional Information
- Other Features: School Bus Service
Exterior
- Exterior Features: Outdoor Grill, Fire Pit
Parking
- Garage: Yes
- Garage Spaces: 1
- Total Spaces: 5
- Parking Features: Concrete, No Garage, Yes, Garage Owned, Detached, Driveway, Owned, Garage
Location
- Area: Elgin
- County: Kane
- Township: Elgin
- Driving Directions: Head north on IL31/N La Fox St toward Elgin. Continue straight as IL31 becomes S State St entering downtown Elgin. Turn right onto Kimball St. Continue east, then turn left onto Preston Ave. Follow Preston Ave until you reach 523 Preston Ave
School Information
- School District: 46
- Elem School District: 46
- Midd School District: 46
- High School District: 46
- Elementary School: Lincoln Elementary School
- Middle School: Larsen Middle School
- High School: Elgin High School
- Private School: Elgin High School
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Steam
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Cape Cod
- Architectural Style: Cape Cod
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Finished, Full
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Sub-Flooring: Hardwood
- Square Feet: 1,500
- Sq. Ft. Source: Other
- Year Built: 1942
- Built Before 1978: Yes
- Remodeled/Updated: 2025
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 53 x 132
Financial Considerations
- Assessment Year: 1942
- Tax Amount: $5,088
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: Home Warranty
- Property ID: 612479004
Listed by Inspire Realty Group LLC
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 523 Preston Ave
School District:School District U-46
| Name | Grades | Distance |
|---|---|---|
Lords Park Elementary School 323 Waverly Drive, Elgin, IL 60120 | K-6 | 0.7 mi |
Larsen Middle School 665 Dundee Avenue, Elgin, IL 60120 | 7-8 | 0.4 mi |
Elgin High School 1200 Maroon Drive, Elgin, IL 60120 | 9-12 | 1.7 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 523 Preston Ave
Date
Details
Price
Change
Source
2/05/2026
Listed
$299,800
102.57%
MLS
8/13/2015
Sold
$148,000
—
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 523 Preston Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,088
5%
$71,577
11%
2023
$4,830
5%
$64,665
10%
2022
$4,592
5%
$58,963
7%
2021
$4,383
—
$55,127
9%
2021
$4,383
11%
$50,664
5%
2019
$3,947
19%
$48,260
26%
2017
$3,315
5%
$38,230
8%
2016
$3,143
2%
$35,467
9%
2015
$3,074
-10%
$32,509
-20%
2018
$3,405
4%
$40,440
26%
2014
$3,279
3%
$32,108
-14%
2013
$3,188
—
$37,302
—
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 523 Preston Ave
523 Preston Avenue, Elgin, IL 60120 (MLS# 12558163) is a Single Family property with 3 bedrooms, 1 full bathroom and 1 partial bathroom. 523 Preston Avenue is currently listed for $299,800 and was received on February 05, 2026. Want to learn more about 523 Preston 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.

