$296,400
- 2 Beds
- 1.5 Baths
- 1,500 sqft
1048 Reserve Dr, Elgin, IL 60124
Currently Off Market - Sold Sep 29, 2017 for $172,000
Home Value
Trulia Estimate
$296KSince last month
Decreased$1K (-0.4%)Since last year
Increased$9K (+3%)Since last sale
Increased$124K (+72.2%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +87% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $296K |
| July 2026 | $297K |
| June 2026 | $301K |
| May 2026 | $299K |
| April 2026 | $297K |
| March 2026 | $292K |
| February 2026 | $284K |
| January 2026 | $284K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.00 | Townhouse | $330,000 | 01/05/26 | 3 | 3 | 1,629 | |
0.13 | Townhouse | $291,500 | 11/17/25 | 2 | 2.5 | 1,448 | |
0.07 | Townhouse | $316,500 | 02/20/26 | 3 | 2.5 | 1,980 | |
0.07 | Townhouse | $307,500 | 04/15/26 | 2 | 2.5 | 1,980 | |
0.16 | Townhouse | $291,500 | 11/18/25 | 2 | 2.5 | 1,704 | |
0.19 | Townhouse | $292,000 | 10/30/25 | 3 | 2.5 | 1,626 | |
0.19 | Townhouse | $315,000 | 05/22/26 | 3 | 3 | 1,980 | |
0.43 | Townhouse | $290,000 | 12/12/25 | 2 | 1.5 | 1,500 | |
0.41 | Townhouse | $272,500 | 12/30/25 | 2 | 2.5 | 1,500 | |
0.35 | Townhouse | $320,000 | 12/04/25 | 3 | 2.5 | 1,980 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.01 | $333,500 | 2 | 2.5 | 1,704 | Off Market | |
0.00 | $330,000 | 3 | 2.5 | - | Recently Sold | |
0.00 | $334,500 | 2 | 1.5 | - | Off Market | |
0.00 | $396,000 | 3 | 2.5 | 1,626 | Off Market | |
0.02 | $331,600 | 3 | 2.5 | 1,626 | Off Market | |
0.02 | $296,800 | 2 | 2.5 | 1,098 | Off Market | |
0.04 | $327,600 | 3 | 2.5 | 1,980 | Off Market | |
0.07 | $307,500 | 2 | 2.5 | 1,980 | Recently Sold | |
0.07 | $316,500 | 3 | 2.5 | 1,980 | Recently Sold | |
0.07 | $323,100 | 2 | 2.5 | 1,854 | Off Market | |
0.09 | $344,000 | 3 | 2.5 | 1,976 | For Sale | |
0.10 | $319,319 | 2 | 2.5 | 1,626 | For Sale |
Local Information
-- mins to
Home Highlights
Townhouse
Built in 2005
1,500 sqft
$198/sqft
About this House
This townhouse is located at 1048 Reserve Dr, Elgin, IL. 1048 Reserve Dr is in Elgin, IL and in ZIP code 60124. This property has 2 bedrooms, 2 bathrooms and approximately 1,500 sqft of floor space. This property has a lot size of 1218 sqft and was built in 2005.
1048 Reserve Dr, Elgin, IL 60124 is a 2 bedroom, 2 bathroom, 1,500 sqft townhouse built in 2005. It last sold for $172,000 on Sep 29, 2017. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $296,400, with a rent estimate of $2,371/month.
Home Details for 1048 Reserve Dr
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Heating & Cooling Heating: GasAir ConditioningCooling System: CentralHeating Fuel: Gas |
Levels, Entrance, & Accessibility Stories: 3Floors: Carpet, Hardwood |
Interior Details Types of Rooms: Dining RoomCeiling Fan |
Appliances & Utilities Cable ReadyDishwasherDryerMicrowaveRefrigeratorWasher |
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Exterior Home Features Roof: AsphaltExterior: Other, Brick |
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Year Built Year Built: 2005 |
Property Type / Style Property Type: Townhouse |
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Units in Building: 6 |
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Lot Area: 1218 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 29, 2017 Source: MRED as distributed by MLS GRID #09704659 | Sold | $172,000 |
Sep 29, 2017 Source: Agent Provided | PendingToActive | $174,900 |
Aug 4, 2017 Source: Agent Provided | Pending | $174,900 |
Jul 28, 2017 Source: Agent Provided | Listed For Sale | $174,900 |
Aug 9, 2010 Source: N/A | Sold | $165,000 |
Jun 23, 2010 Source: Agent Provided | Pending | $171,900 |
May 22, 2010 Source: Agent Provided | PriceChange | $171,900 Price decreased by 2% |
Mar 30, 2010 Source: Agent Provided | Listed For Sale | $174,900 |
Jan 7, 2005 Source: N/A | Sold | $209,500 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $5,512 | $240,753 |
Home facts updated by county records
Market trends in Elgin
Last updated July 2026
Avg. sale price
$337K
$15KMoM
Sale-to-List Price
100.1%
0.1%MoM
Price per sq ft
$207
$2MoM
Available listings
251
12MoM
Around this home
What Locals Say about Elgin
At least 941 Trulia users voted on each feature.
87 % Say there are sidewalks
87 % Say it's dog friendly
82 % Say car is needed
78 % Say parking is easy
76 % Say yards are well-kept
72 % Say there's holiday spirit
70 % Say kids play outside
63 % Say streets are well-lit
59 % Say people would walk alone at night
56 % Say it's quiet
54 % Say it's walkable to restaurants
52 % Say it's walkable to grocery stores
52 % Say there's wildlife
48 % Say neighbors are friendly
48 % Say they plan to stay for at least 5 years
29 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 1048 Reserve Dr
- What is 1048 Reserve Dr estimated to be worth?Trulia's estimated value for 1048 Reserve Dr in Elgin, IL is $296,400.
- What is the price history for 1048 Reserve Dr?1048 Reserve Dr in Elgin, IL last sold for $172,000 in September 2017.
- Is Elgin a buyer's or seller's market?Elgin is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Elgin?The median sale price in Elgin is $337K. That is up $15K from the prior month.
- Does 1048 Reserve Dr have air conditioning?Yes, 1048 Reserve Dr in Elgin, IL has air conditioning.
- Does 1048 Reserve Dr have laundry facilities?Yes, 1048 Reserve Dr in Elgin, IL has in-unit laundry.

