Single-Family Neighborhood • Elgin, IL

Parkwood
Elgin, Illinois

Northeast Elgin's park-wrapped 1970s neighborhood

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1970s–80s
Era Built
$300K–$365K
Typical Price Range
Single-Family & Townhomes
Housing Stock
U-46 Schools
High School
About This Neighborhood

About Parkwood

Parkwood sits on Elgin's northeast side, built mostly in the 1970s and 1980s around a network of parks and greenways that give the neighborhood its name. Single-family sections mix with the Parkwood Farms townhomes, keeping several price points in play.

It's a practical, family-oriented pocket: sidewalks, mature trees, and one of the easiest commutes in Elgin thanks to the nearby I-90 ramp.

Homes & Market

The Homes of Parkwood

Single-family homes have recently traded around $300K–$365K, with Parkwood Farms townhomes in the $280K–$336K range — steady, affordable, and quick-moving when priced right.

Two-Stories

Three- and four-bedroom homes from the neighborhood's 1970s core.

Splits & Ranches

Single-level and multi-level options that dominate the original sections.

Parkwood Farms Townhomes

Attached two- and three-bedroom homes providing the entry point.

Browse Parkwood Listings →

Schools

Schools Serving Parkwood

Parkwood is served by School District U-46. School boundaries in the northwest suburbs can vary block by block — always verify your specific address with the district office before purchasing.

Location & Lifestyle

Living in Parkwood: the Elgin Advantage

I-90 access is minutes away, and the Fox River, Trout Park and the riverfront bike path sit just west. Explore our full Elgin guide →

Free Home Valuation

What Is Your Parkwood Home Worth?

Values in Parkwood have been moving. Get a free, no-obligation valuation from the team that knows these blocks house by house — usually within 24 hours.

Get My Free Parkwood Valuation →

Thinking About Parkwood?

The Dawn Simmons Team has helped buyers and sellers across Elgin and the northwest suburbs for over 26 years. Get honest guidance on pricing, what homes here really sell for, and what to look out for.

Contact Dawn Today
Dawn Simmons

Dawn Simmons

RE/MAX Suburban • 26+ Years Experience
(847) 738-1884 • simsre2000@yahoo.com
330 E Northwest Hwy, Mount Prospect IL 60056