303 Bayview Rd, Elgin, IL, 60123
About This Home
Welcome to this charming and well-maintained home located in the desirable 55+ community of Willow Lake Estates in Elgin! This inviting 2-bedroom, 2-bath home offers comfort, convenience, and a wonderful sense of community. One of the bedrooms is currently used as a den-perfect for an office, craft room, or cozy reading nook. The bright, open layout features a spacious living area that flows into the kitchen and dining spaces-ideal for everyday living or entertaining guests. Enjoy the benefit of a new flooring, ample storage, and a garage that provides plenty of room for vehicles, hobbies, or seasonal items. Step outside and take in the peaceful surroundings of this lovely neighborhood, complete with community amenities designed for an active and social lifestyle. This cute, clean, and lovingly cared-for home is move-in ready-some furniture may stay for added convenience. Fantastic location! Enjoy nearby access to the 40-mile Fox River Bike and Hiking Trail via a pedestrian bridge over the river adjacent to Voyagers Landing Forest Preserve. The monthly lot rent includes lawn care, snow removal, and access to the community swimming pool, private stocked lake with beach, and clubhouse featuring a fitness room, library, and social activities. Buyer requirements: Willow Lake Estates Management must approve all buyers. Application fee is 50 dollars. This is an age-qualified community-the first buyer must be 55+, the second 40+. No rentals allowed. Estate sale - home is sold AS-IS.
Getting Around
Car-Dependent
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1971
Type & Style
- Home type: SingleFamily
Interior
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Interior Area
- Total interior livable area: 980 sqft
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Tornado
- Inland Flooding
- Heat Wave
- Lightning
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Illinois Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $237 | $2,844 |
| Home Insurance * | $21 | $252 |
| Property Taxes | $85 | $1,020 |
| Electricity | $130 | $1,569 |
| Total | $473 | $5,676 |
Income You'd Need if You Spent...
Illinois FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-23 | Listed for sale | $47,000 |
| 2026-01-21 | Listing removed | -- |
| 2025-10-23 | Listed for sale | $47,900 |
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