The Flip Potential of 472 Division St Elgin, IL is medium.
Current Specs
3 Bed / 2.5 Bath
1,800 sqft
$136 per sqft
Estimated Value$244,900
Flip Advice
This 3-bed, 2.5-bath, 1,800 sqft historic single-family in Elgin's Gifford Park is listed at $245K. Nearby comps with similar size and beds sell for $290K–$335K, and the median price per sqft in the area is about $183. The home has good bones—restored hardwoods, updated mechanicals—though it could use some TLC. The Elgin market is super tight, with just 1.3 months of inventory and homes often selling above list, so demand is high.[1][3][4][5]
As a flip, the spread is decent but not jaw-dropping—after renovations, you could push resale up $45K–$90K if you nail the updates. For homeowners, focus on curb appeal, kitchen/bath upgrades, and maybe adding a garage—the extra lot is a sweet bonus! In this seller's market, even modest improvements can yield a strong return and help you stand out.
The accuracy of the Frontflip report and its applicability to your circumstances are not guaranteed. This calculator is offered for educational purposes only, and is not a substitute for professional advice. All figures provided by the Frontflip calculator are estimates only and are not reflective of what your actual results may be.
Flip Scenarios
Explore renovation scenarios based on recent comps that could increase the value of 472 Division St: