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705 W Highland Ave, Elgin, IL, 60123

7beds
4baths
5,625sqft
$499,900
$89price/sqft
$4,090/moest. monthly cost
$163,600/yrincome needed

About This Home

A once in a lifetime opportunity to own this stunning 1894 Victorian mansion. Exquisite details not seen in homes built today are impressive. Some of the details include 6 fireplaces, multiple pocket doors, gorgeous woodwork, multiple porches and stained glass windows. It's been reported that the original owner had connections to Chicago World's Fair of 1893 and that some of the details in the home were reclaimed after the Fair closed. The variety of woodwork include birds-eye maple, flaming birch, sycamore, oak and walnut. A legal apartment on the third floor with 3 bedrooms provides income of $1,700/mo. Or reconvert back to a single family home. Located on almost .6 acre and also has a garage approx 1,400 sq ft built in 2004. This is an elegant historic home but also works for today's lifestyle!

Getting Around

70
WalkingVery Walkable
48
TransitSome Transit
58
BikeBikeable

Schools

5/10
3/10
Abbott Middle SchoolGrades 7-80.5 mi
3/10
Larkin High SchoolGrades PK,9-121.0 mi

Construction

Condition

  • Year built: 1894

Materials

  • Foundation: Stone
  • Roof: Asphalt
  • Construction materials: Brick,Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Victorian
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Double Oven,Microwave,Dishwasher,Refrigerator,Washer,Dryer,Cooktop

Basement

  • Has basement: Yes
  • Basement: Unfinished,Full,Walk-Out Access

Bedroom2

  • Features: Flooring (Carpet)
  • Level: Second
  • Area: 294
  • Dimensions: 21X14

Bedroom3

  • Features: Flooring (Hardwood)
  • Level: Second
  • Area: 168
  • Dimensions: 14X12

Bedroom4

  • Features: Flooring (Hardwood)
  • Level: Second
  • Area: 156
  • Dimensions: 13X12

Bedroom5

  • Features: Flooring (Hardwood)
  • Level: Third
  • Area: 160
  • Dimensions: 16X10

Bedroom6

  • Features: Flooring (Hardwood)
  • Level: Third
  • Area: 156
  • Dimensions: 13X12

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 4
  • Full bathrooms: 4

Dining Room

  • Features: Flooring (Hardwood)
  • Level: Main
  • Area: 255
  • Dimensions: 17X15

Family Room

  • Features: Flooring (Hardwood)
  • Level: Main
  • Area: 176
  • Dimensions: 16X11

Features

  • In-Law Floorplan,1st Floor Full Bath,Built-in Features,Walk-In Closet(s),Bookcases,Historic/Period Mlwk
  • Flooring: Hardwood
  • Number of fireplaces: 6
  • Fireplace features: Living Room,Master Bedroom,Other,Den/Library
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Natural Gas,Steam
  • Cooling features: Wall Unit(s)

Interior Area

  • Total structure area: 0
  • Total interior livable area: 5,625 sqft

Kitchen

  • Features: Kitchen (Pantry-Butler),Flooring (Hardwood)
  • Level: Main
  • Area: 156
  • Dimensions: 13X12

Kitchen2Nd

  • Features: Flooring (Hardwood)
  • Level: Third
  • Area: 120
  • Dimensions: 12X10

Laundry

  • Features: Flooring (Other)
  • Level: Basement
  • Area: 192
  • Dimensions: 16X12

Library

  • Features: Flooring (Hardwood)
  • Level: Main
  • Area: 192
  • Dimensions: 16X12

Living Room

  • Features: Flooring (Hardwood)
  • Level: Main
  • Area: 315
  • Dimensions: 21X15

Master Bedroom

  • Features: Flooring (Hardwood)
  • Level: Second
  • Area: 224
  • Dimensions: 16X14

Office

  • Features: Flooring (Hardwood)
  • Level: Second
  • Area: 144
  • Dimensions: 12X12

Other

  • Features: Flooring (Hardwood)
  • Level: Third
  • Area: 108
  • Dimensions: 12X9

Other

  • Features: Flooring (Other)
  • Level: Second
  • Area: 192
  • Dimensions: 16X12

Pantry

  • Features: Flooring (Hardwood)
  • Level: Main
  • Area: 50
  • Dimensions: 10X5

Recreation Room

  • Features: Flooring (Hardwood)
  • Level: Third
  • Area: 272
  • Dimensions: 17X16

Sitting Room

  • Features: Flooring (Hardwood)
  • Level: Main
  • Area: 210
  • Dimensions: 15X14

Property

Accessibility

  • Accessibility features: No Disability Access

Details

  • Parcel number: 0614328033
  • Special condition: None

Features

  • Stories: 3
  • Patio & porch: Roof Deck,Porch,Deck,Screened

Lot

  • Lot size: 0.58 Acres
  • Lot size dimensions: 138 X 183 X 136 X 190

Parking

  • Total spaces: 4
  • Parking features: Concrete,Yes,Garage Owned,Detached,Garage
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4

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 WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Cold Wave
Tornado
Inland Flooding

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 $2,527$30,324
Home Insurance *$223$2,676
Property Taxes $908$10,896
Electricity $432$5,191
Total$4,090$49,080
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$140,228/yr
40% on housing$122,700/yr
45% on housing$109,066/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

$89This listing

vs Other Active Listings

Avg $/sqft

ZIP 60123$141
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)

Price History

DateEventPrice
2026-07-30Listing removed$499,900
2026-07-13Listed for sale$499,900
2026-06-30Contingent$499,900
2026-06-27Price change$499,900
2026-06-19Price change$583,900
2026-06-05Price change$584,400
2026-05-21Price change$584,900
2026-05-13Listed for sale$585,000
2026-05-07Listing removed$585,000
2026-04-29Price change$585,000
2026-03-21Price change$617,600
2026-03-07Price change$617,700
2026-02-27Price change$617,800
2026-02-12Listed for sale$617,900
2026-02-12Listing removed$648,700
2026-02-05Price change$648,700
2025-12-28Price change$649,700
2025-11-28Price change$649,900
2025-11-06Price change$649,999
2025-09-10Listed for sale$680,000
2022-06-13Sold$490,000
2022-03-22Price change$619,500
2022-02-24Listed for sale$675,000
1997-02-20Sold$225,000

For Sale by Agent

AgentDonald Driessen
BrokerageFathom Realty IL

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