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240 Little Peninsula Rd #318, Elgin, IL, 60123

2beds
1baths
1,128sqft
$59,900
$53price/sqft
$566/moest. monthly cost
$22,640/yrincome needed

About This Home

Getting Around

12
WalkingCar-Dependent
31
TransitSome Transit
56
BikeBikeable

Schools

5/10
3/10
Kimball Middle SchoolGrades 7-82.0 mi
3/10
Larkin High SchoolGrades 9-122.6 mi

Construction

Condition

  • Year built: 1967

Type & Style

  • Home type: MobileManufactured
  • Property subType: Manufactured Home

Interior

Appliances

  • Appliances included: Dishwasher,Refrigerator,Microwave

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Finished area above ground: 1,128

Heating

  • Heating features: Electric

Interior Area

  • Total structure area: 1,128
  • Total interior livable area: 1,128 sqft

Property

Details

  • On leased land: Yes
  • Lease amount: 1601

Features

  • On waterfront: Yes

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
    Cold WaveVery High
  • Tornado
    TornadoVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Tornado
Inland Flooding
Heat Wave
Lightning
Winter Weather

FEMA Declared Disasters Across Illinois Counties

Flood

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

MonthlyAnnual
Mortgage $302$3,624
Home Insurance *$26$312
Property Taxes $108$1,296
Electricity $130$1,569
Total$566$6,792
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$19,405/yr
40% on housing$16,980/yr
45% on housing$15,093/yr

Illinois FAIR Plan Programs

Illinois FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,961Commercial: 62
Total Premiums$4.35M
Total Exposure$370.02M

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.

Insurance Growth Rate5-year average: 11.9%
11.9%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: -1.0%
-1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$53This listing

vs Other Active Listings

Avg $/sqft

ZIP 60123$142
Kane County$213

vs Homes Sold Last Month

Median $/sqft

ZIP 60123$209
Kane County$207

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

DateEventPrice
2026-03-13Listed for sale$59,900

For Sale by Agent

AgentLucas Van Glider
BrokerageWillow Lake Estates

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