114 S Melrose Ave
Elgin, IL 60123
- 1 Bed
- 2 Baths
- 624 sqft
1 Bed
2 Baths
624 sqft
Home Value
Trulia Estimate
$230KSince last month
Increased$200 (+0.1%)Since last year
Increased$17K (+8%)Since last sale
Increased$57K (+32.3%)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 +164% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $232K |
| July 2026 | $231K |
| June 2026 | $234K |
| May 2026 | $232K |
| April 2026 | $226K |
| March 2026 | $225K |
| February 2026 | $218K |
| January 2026 | $215K |
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 |
|---|---|---|---|---|---|---|---|
0.30 | Single-Family Home | $182,900 | 01/30/26 | 1 | 1 | 618 | |
0.37 | Single-Family Home | $165,000 | 01/13/26 | 2 | 2 | 960 | |
0.19 | Single-Family Home | $225,000 | 07/30/26 | 2 | 1 | 864 | |
0.14 | Single-Family Home | $326,500 | 05/06/26 | 3 | 2 | 1,040 | |
0.32 | Single-Family Home | $230,000 | 12/30/25 | 2 | 1 | 728 | |
0.12 | Single-Family Home | $323,000 | 03/19/26 | 4 | 2 | 1,300 | |
0.22 | Single-Family Home | $259,900 | 01/01/26 | 2 | 1 | 1,079 | |
0.12 | Single-Family Home | $250,000 | 10/31/25 | 2 | 1 | 819 | |
0.21 | Single-Family Home | $310,000 | 11/06/25 | 3 | 2 | 1,472 | |
0.69 | Single-Family Home | $149,000 | 03/17/26 | 1 | 1 | 638 |
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 |
|---|---|---|---|---|---|---|
0.04 | $376,700 | 4 | 3.5 | 1,952 | Off Market | |
0.11 | $310,200 | 4 | 1 | 1,184 | Off Market | |
0.05 | $366,500 | 3 | 1.5 | 2,168 | Off Market | |
0.12 | $250,000 | 2 | 1 | 819 | Recently Sold | |
0.06 | $320,000 | 4 | 2 | 2,529 | Recently Sold | |
0.13 | $305,000 | 4 | 1 | 1,400 | For Sale | |
0.07 | $220,000 | 2 | 2 | 955 | For Sale | |
0.10 | $301,900 | 3 | 1.5 | 1,664 | Off Market | |
0.14 | $415,000 | 4 | 3 | 2,030 | Recently Sold | |
0.12 | $303,600 | 3 | 2 | 1,144 | Off Market | |
0.12 | $323,000 | 4 | 2 | 1,300 | Recently Sold | |
0.17 | $359,200 | 3 | 2 | 2,240 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1935
Living Area
624 sqft
Price/Sqft
$369
Parking
Garage
About this House
Welcome to this adorable 1 bedroom, 1 bath home with a finished basement that futures a bonus room and a 2nd full bathoom. Close to Schools, Wing Park, Shopping, Metra, I-90 and Rt. 20. Sold As-Is.
114 S Melrose Ave, Elgin, IL 60123 is a 1 bedroom, 2 bathroom, 624 sqft single-family home built in 1935. It last sold for $175,000 on May 6, 2022. It is currently off market. The Trulia Estimate is $230,400, with a rent estimate of $1,477/month.
Home Details for 114 S Melrose Ave
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Levels, Entrance, & Accessibility Stories: 1 |
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Year Built Year Built: 1935 |
Property Type / Style Property Type: Single Family Home |
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Parking & Garage GarageParking: Garage |
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Units in Building: 1 |
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Lot Area: 6620 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
May 6, 2022 Source: MRED as distributed by MLS GRID #11351619 | Sold | $175,000 |
Mar 22, 2022 Source: MRED as distributed by MLS GRID #11351619 | Contingent | $169,900 |
Mar 18, 2022 Source: MRED as distributed by MLS GRID #11351619 | Listed For Sale | $169,900 |
Nov 9, 2005 Source: N/A | Sold | $160,000 |
Nov 21, 2002 Source: N/A | Sold | $112,500 |
Sep 16, 1998 Source: N/A | Sold | $90,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $3,805 | $173,622 |
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 114 S Melrose Ave
- What is 114 S Melrose Ave estimated to be worth?Trulia's estimated value for 114 S Melrose Ave in Elgin, IL is $230,400.
- What is the price history for 114 S Melrose Ave?114 S Melrose Ave in Elgin, IL last sold for $175,000 in May 2022.
- 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.
- How big is the lot at 114 S Melrose Ave?The lot at 114 S Melrose Ave in Elgin, IL is about 0.15 acres (6,621 sq ft).
- Does 114 S Melrose Ave have a garage?Yes, 114 S Melrose Ave in Elgin, IL has a garage.

