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Property Description
Rare Ground-Floor Gem with Unmatched 4.5-Car Parking & Massive Storage. Enjoy effortless, stairs-free living in this meticulously maintained 2-bedroom, 1-bath ground-floor condo featuring a private patio overlooking a lush, landscaped courtyard. Offering an unbeatable combination of convenience, space, and rare parking capacity, this pet-friendly and investor-friendly home is an incredible find for homeowners and investors alike. Unprecedented Parking (4 Total Spots): Includes an attached 1.5-car garage, 2 dedicated private exterior parking spaces, plus an additional common parking permit. Exceptional Storage Capacity: Say goodbye to clutter with a generous walk-in kitchen pantry, an outdoor walk-in patio closet, and a massive walk-in attic space above the garage large enough to store full-sized spare furniture. Inviting Living & Dining: A distinct formal dining area sits framed by courtyard views, offering a seamless flow for hosting and everyday dining. Chef's Kitchen: Thoughtfully laid out with extensive cabinet storage and a dedicated walk-in pantry to keep essentials organized. Spacious Bedrooms: Unwind in an huge primary suite with a large walk-in closet, complemented by a versatile, well-proportioned second bedroom. Modern Essentials: Comes complete with an in-unit washer and dryer for total convenience. Whether you are looking for easy single-level living, ample room for your vehicles and hobbies, or a turnkey investment with strong rental appeal, this home delivers on every front. Steps away from grocery stores and restaurants. Schedule your private tour today to experience this rare layout in person!
Full Property Details
Full Property Details for 940 Jefferson Ave #B
General
- Price: $230,000
- HOA FEE: $230/month
- Taxes: $3,718 (2023)
- Status: Active
- Type: Condo
- Source: MRED
- MLS ID: 12741682
- Updated: 8/26/2026
- Added to Site: 2 day(s) ago
Interior
- Basement: None
- Interior Features: Storage, Walk-In Closet(s), Pantry
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Additional Information
- Other Features: School Bus Service
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1.5
- Total Spaces: 4
- Parking Features: Asphalt, Garage Door Opener, Yes, Garage Owned, Attached, Assigned, Driveway, Garage
Location
- Area: Elgin
- County: Cook
- Township: Hanover
- Driving Directions: Head North on Waverly Dr from Summit St.Turn Left (West) onto Jefferson Ave.940 Jefferson Ave will be on your right side
School Information
- School District: 156
- Elem School District: 156
- 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: Parking, Insurance, Exterior Maintenance, Lawn Care
- Pets Allowed: Yes
- Pets: Cats OK, Dogs OK
- Pet Restrictions: Cats OK, Dogs OK, / 99lbs.
- Mgmt. Company: Rage
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Structure Type: Condo
- Construction: Brick, Cedar, Frame
- Exterior Const.: Brick, Cedar, Frame
- Basement Desc.: None
- Windows: Drapes, Blinds
- Entry Floor Number: 1
- Stories/Levels: 1
- Square Feet: 850
- Sq. Ft. Source: Landlord/Tenant/Seller
- Year Built: 1990
Unit Information
- Units in Building: 4
Lot Features
- Lot Dimensions: Condo
Animals
- Animals Allowed: Cats OK, Dogs OK
Financial Considerations
- Association Fee: $230
- Assoc Fee Freq.: Monthly
- Parking Included: Yes
- Assessment Year: 1990
- Tax Amount: $3,718
- Tax Year: 2023
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Special Conditions: List Broker Must Accompany
- Property ID: 6073130451018
Listed by Home First Realty Inc
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Schools
Schools serving 940 Jefferson Ave #B
School District:School District U-46
| Name | Grades | Distance |
|---|---|---|
Lincoln Elementary School, Hoffman Estates, IL 1650 Maureen Drive, Hoffman Estates, IL 60192 | K-6 | 0.8 mi |
Larsen Middle School 665 Dundee Avenue, Elgin, IL 60120 | 7-8 | 0.9 mi |
Elgin High School 1200 Maroon Drive, Elgin, IL 60120 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 940 Jefferson Ave #B
Date
Details
Price
Change
Source
8/25/2026
Listed
$230,000
44.2%
MLS
7/11/2022
Sold
$159,500
—
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 940 Jefferson Ave #B
Year
Property Taxes
Change
Tax Assessment
Change
2023
$3,718
—
$16,665
29%
2023
$3,718
3%
$12,917
—
2022
$3,613
41%
$12,917
73%
2021
$2,569
1%
$7,454
—
2020
$2,552
-1%
$7,454
-11%
2019
$2,566
-4%
$8,372
7%
2018
$2,665
—
$7,843
—
2017
$2,656
6%
$7,843
—
2016
$2,499
-17%
$7,843
-9%
2015
$3,027
3%
$8,616
—
2014
$2,932
3%
$8,616
—
2013
$2,836
-23%
$8,616
-30%
2012
$3,674
—
$12,261
—
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 940 Jefferson Ave #B
940 Jefferson Avenue #B, Elgin, IL 60120 (MLS# 12741682) is a Condo property with 2 bedrooms and 1 full bathroom. 940 Jefferson Avenue #B is currently listed for $230,000 and was received on August 25, 2026. Want to learn more about 940 Jefferson Avenue #B? Do you have questions about finding other Condo real estate for sale in Elgin? You can browse all Elgin real estate or contact a Coldwell Banker agent to request more information.

