1162 Preston Ave, Elgin, IL 60120
Property image
Property image
OFF MARKET

$336,000

Trulia Estimate
  • 3 Beds
  • 2 Baths

1162 Preston Ave, Elgin, IL 60120

Est. Refi. Payment $2,435/mo*
Refinance Your Home
Currently Off Market - Sold Jun 21, 2024 for $288,000

Home Value

Trulia Estimate
$336K
Since last month
Decreased$1K (-0.4%)
Since last year
Increased$33K (+10.9%)
Since last sale
Increased$49K (+17%)
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 +89% in the last 10 years
MonthEstimated value
2026
September 2026$337K
August 2026$338K
July 2026$339K
June 2026$342K
May 2026$342K
April 2026$340K
March 2026$332K
February 2026$324K
January 2026$313K
2025
2024
2023
2020

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
1105 Morton Ave, Elgin, IL
0.18
Multi-Family Home
$445,000
07/27/26
4
3
-
376 Jefferson Ave, Elgin, IL
0.88
Multi-Family Home
$295,000
12/22/25
3
2
-
920 Augusta Ave, Elgin, IL
0.65
Multi-Family Home
$360,000
04/28/26
4
2
-
558 Franklin Blvd, Elgin, IL
1.06
Multi-Family Home
$300,000
10/15/25
3
2
-
495-499 Franklin St, Elgin, IL
1.11
Multi-Family Home
$510,000
08/17/26
6
2
-
265 Center St, Elgin, IL
1.34
Multi-Family Home
$285,000
12/04/25
4
3
-
392 Plum Ct, Elgin, IL
0.91
Multi-Family Home
$200,000
11/21/25
3
2
-
258-260 Ann St, Elgin, IL
1.24
Multi-Family Home
$235,000
04/21/26
6
2
-

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
650 Ludlow Ave, Elgin, IL 60120
0.04
$279,500
2
2
858
Off Market
626 Congdon Ave, Elgin, IL 60120
0.07
$310,600
3
2
2,160
Off Market
1174 Preston Ave, Elgin, IL 60120
0.03
$293,600
3
1
1,540
Off Market
655 Hartwell Ave, Elgin, IL 60120
0.04
$225,600
1
1
600
Off Market
628 Congdon Ave, Elgin, IL 60120
0.08
$273,100
3
2
2,070
Off Market
618 Congdon Ave, Elgin, IL 60120
0.08
$314,700
3
3
2,200
Off Market
669 Ludlow Ave, Elgin, IL 60120
0.10
$293,900
2
1
1,160
Off Market
1139 Sherwood Ave, Elgin, IL 60120
0.10
$346,900
4
2
2,400
Off Market
1159 Sherwood Ave, Elgin, IL 60120
0.10
$321,700
2
2
1,080
Off Market
673 Ludlow Ave, Elgin, IL 60120
0.12
$182,500
1
1
576
For Sale
693 Ludlow Ave, Elgin, IL 60120
0.13
$283,900
4
1
1,296
Off Market

Local Information

  • Map ViewExplore the area around 1162 Preston Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1900
Garage

About this House

1162 Preston Ave, Elgin, IL 60120 is a 3 bedroom, 2 bathroom multi-family built in 1900. It last sold for $288,000 on Jun 21, 2024 (5% above the $275,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $336,000, with a rent estimate of $1,859/month.
Last check for updates: about 3 hours ago
Listed by Catherine Terpstra, ABR,AHWD,CNC,CRS,CSC,GRI,MRP,PSA,SFR,SRES, (630) 707-2280
HomeSmart Connect LLC
Bought with: Jesus Perez, (630) 878-9064, Casablanca
Source: MRED as distributed by MLS GRID, MLS#12034594

Home Details for 1162 Preston Ave

Interior Features

Interior Details
Basement: Unfinished,Partial Exposure,Stone/Rock,Storage Space,Walk-Up Access,Full,Walk-Out AccessNumber of Rooms: 10
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2
Heating & Cooling
Heating: Natural Gas,Forced AirHas HeatingHeating Fuel: Natural Gas
View
No View

Exterior Features

Exterior Home Features
Roof: AsphaltPatio / Porch: DeckFoundation: Stone
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageNo Attached GarageHas Open ParkingParking Spaces: 4Parking: Garage Door Opener,Garage,On Site,Garage Owned,Detached,Driveway,Owned
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: OtherNot a New ConstructionNo Additional Parcels
Property Information
Parcel Number: 0612227011

Price & Status

Price
List Price: $275,000
Status Change & Dates
Off Market Date: Wed May 22 2024Possession Timing: Negotiable, Subject To Tenant Rights

Active Status

MLS Status: Closed

Location

Direction & Address
City: Elgin
School Information
Elementary School District: 46Jr High / Middle School District: 46High School District: 46

Community

Community Features: Curbs, Sidewalks, Street Paved

Lot Information

Lot Area: 7405.2 sqft

Listing Info

Special Conditions: None

Offer

Listing Terms: Cash

Business

Business Information
Ownership: Fee Simple

Miscellaneous

BasementMls Number: 12034594

Additional Information

CurbsSidewalksStreet PavedSource Internet Entire Listing DisplayMRD REMARKSINTERNET: NoSource Internet Address DisplayHide Public Remarks

Price and Tax history

DateEventPrice
Jun 21, 2024
Source: MRED as distributed by MLS GRID #12034594
Sold
$288,000
May 23, 2024
Source: MRED as distributed by MLS GRID #12034594
Pending
$275,000
May 17, 2024
Source: MRED as distributed by MLS GRID #12034594
Listed For Sale
$275,000
Nov 25, 2002
Source: N/A
Sold
$165,000

Market trends in Elgin

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$331K
$4.67KMoM
Sale-to-List Price
100.2%
Price per sq ft
$203
$4MoM
Available listings
264
13MoM

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.
  • Lydiadannenberg4816
    "Homes are custom made. Large lots. Friendly neighborhood. "
    0
    Flag
  • 86nasus
    "Looks like they did a really quick remodel with cut corners. Honestly, this house would have more charm if they would’ve left it how it was you can see bad angles, more pronounced now where they painted white to look more modern. Floors are crooked and leaning, and that would’ve been OK with original flooring."
    1
    Flag
  • Wpnhs6gnpj
    "We have a lot people walking with their door not matter what time , my neighbor is really peaceful , inkivebromoibe here for the last 30 years . If I have to choice other place in houses , I choose elgin again "
    0
    Flag
  • Juana Valencia
    "It could be better, I see a lot of ice around, scary and makes us feel uncomfortable more restaurants and lounges needed"
    0
    Flag
  • Amneey
    "Welcome to this neighborhood. Pets friendly and caring people . Safe and neat area, caring people. "
    0
    Flag
  • Charles B
    "Use the meta to get downtown. There is no public transportation here. Roads are busy sometimes so you need to be careful. "
    0
    Flag
  • NK
    "We love it here. Such a family friendly area. Amazing place to raise kids and feel safe! We are very grateful to live here."
    1
    Flag
  • Bridget Loose
    "Pace bus is great convenience for getting around town or next town over, I just think there needs to be something that notifies you if it’s being delayed or arriving early. "
    0
    Flag
  • Jokie.deguzman1251999
    "i usually walk to nearby stores,restaurants, and gas stations. otherwise i drive my car or take a uber for far locations"
    0
    Flag
  • Erik
    "There aren’t really events but it’s just a friendly safe neighborhood to be in And has schools near by and local stores "
    1
    Flag
  • Imaadus
    "Love my neighborhood, it’s clean and save where I live! Schools are good. Nice well maintained parks"
    1
    Flag
  • Jeanette
    "I’ve lives in this neighborhood for about 3yrs and have had plenty of packages delivered with no issues and neighbors are pretty friendly around here. "
    3
    Flag
  • Jess Jessica
    "There’s always something going on in downtown Elgin for every season/holiday/event. We have a Casino boat too for entertainment. "
    2
    Flag
  • Jenjengu
    "I love Elgin! It is a friendly, diverse community with great shopping, parks, and recreation. I feel the schools offer students wonderful education opportunities. "
    3
    Flag
  • Trulia User
    "Only one entrance into the subdivision. Safe and adjacent to the Elgin Country Club. Homes well kept with beautiful landscaping. Low annual HOA with a few restrictions designed to maintain price integrity. "
    1
    Flag
  • Yvonne B.
    "Pretty safe, beautiful scenery, we have lots of entertainment. Elgin has plenty parks and great restaurants "
    1
    Flag
  • Jfairone
    "Nice neighborhood for families and pets, very walkable with sidewalks. Near library and good schools"
    11
    Flag
  • Reuben A.
    "Great Town to love in all close by for shopping food clothing etc., It’s is the city in the suburbs!"
    1
    Flag
  • Jfairone
    "Well kept for homes and friendly people. Near by shopping, restaurants good hospitals. Everything you need is close by"
    0
    Flag
  • Maya S.
    "Many families with children. Parents help Watch all kids. Right on bus line. Close to I-90. Grocery stores are nearby and lots of parks for kids to play at. "
    7
    Flag
  • Jordan S.
    "Certain parts of Elgin are great then small parts not so much but I give it a 8 out of 10 for also the lack of transportation."
    6
    Flag
  • Samcasey92600
    "Dogs are very common in Elgin, and you usually will see plenty of other dogs while you walk your own. It’s nice, good ways to start up conversations and meet your neighbors. "
    0
    Flag
  • Chure2002
    "i have no neighbors , quite street, closed to 24 hr Walgreens closed to 24 hr jewel osco, closed to everthing "
    4
    Flag
  • Jaclyn B.
    "Decent neighborhood, nice neighbors. Good location close to highways and major roads. Grocery stores within driving distance. Would recommend for starter home area."
    0
    Flag
  • Jaclyn B.
    "Decent neighborhood. Not walking distance to many things but driving distance is decent. Neighbors are nice and well kept grounds in my subdivision. Would recommend for family and friends. Close to expressways and major roadways. "
    0
    Flag
  • Zzarate479
    "The 4th of July parade is so much fun,it last hours but is fun to watch the people that walk and do tricks and then the horses are even fun"
    2
    Flag
  • Liz B.
    "People are always walking their dogs. The sidewalks are great and clean. People like this area for the historic district."
    0
    Flag
  • Stephanie S.
    "it's nice there are different parts of town. mostly all nice areas. high school are not the best. I like the elementary schools "
    0
    Flag
  • Nancytorres90
    "Kids are safe here.. my kids are always outside playing soccer with the kids in the neighborhood and i feel safe letting them be."
    0
    Flag
  • Dulce R.
    "Large fancy neighborhood surrounds the area. The townhomes are nice and spacious. The neighbors keep to themselves but are great neighbors and watch for strange vehicles. "
    0
    Flag
  • Joshua D. P.
    "Lots of people have dogs. There are several dog parks in the area. There are plenty of housing options that are pet friendly. "
    0
    Flag
  • Daniel E.
    "i see neightbors walking their dogs. having family cook outs and other events. great ambients to have your children grow in."
    0
    Flag
  • Tstewy625
    "I’ve been here my whole entire life and I think the most unique part of Elgin is for the most part we get along! "
    0
    Flag
  • Juanfyb 2.
    "They would like that it is a quiet neighborhood there’s not a lot of noise around and it’s a good place to walk around and clear your head"
    3
    Flag
  • Co_wolf
    "I have a short commute to one of the 3 Metra stations in Elgin and take the train downtown every day."
    0
    Flag
  • Austins03wrx
    "Good parts and bad parts but you will have to see the areas. Great small businesses and some great people"
    0
    Flag
  • Cousinkimkimmie
    "sexual offenders in thier area and be aware of crime light up thier homes and lock doors dont let kids walk home.alone "
    4
    Flag
  • Jessica G.
    "Nightmare on Chicago street every year for Halloween is a huge even held in downtown Elgin! There is also many events held throughout the year "
    0
    Flag
  • Tracie B. N.
    "Very nice people and quiet neighborhood. Shopping within walking distance as well as pace bus stop going into downtown Elgin"
    0
    Flag
  • Geneva R.
    "well we have things for the kids to do like play basketball and football the girls play volleyball and rope. and my sit around and just talk and play board games that's what we do in are community for are kids and young kid's."
    0
    Flag

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for more information

Frequently asked questions about 1162 Preston Ave

  • What is 1162 Preston Ave estimated to be worth?
    Trulia's estimated value for 1162 Preston Ave in Elgin, IL is $336,000.
  • What is the price history for 1162 Preston Ave?
    1162 Preston Ave in Elgin, IL last sold for $288,000 in June 2024.
  • 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 $331K. That is down $4.67K from the prior month.

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Off Market Homes Near 1162 Preston Ave

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