120 S Melrose Ave
Elgin, IL 60123
- 2 Beds
- 2 Baths
- 1,000 sqft
2 Beds
2 Baths
1,000 sqft
Home Value
Trulia Estimate
$273KSince last month
Decreased$900 (-0.3%)Since last year
Increased$20K (+7.7%)Since last sale
Increased$194K (+242.8%)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 +216% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $274K |
| July 2026 | $275K |
| June 2026 | $279K |
| May 2026 | $277K |
| April 2026 | $269K |
| March 2026 | $268K |
| February 2026 | $260K |
| January 2026 | $254K |
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 |
|---|---|---|---|---|---|---|---|
0.38 | Single-Family Home | $165,000 | 01/13/26 | 2 | 2 | 960 | |
0.13 | Single-Family Home | $326,500 | 05/06/26 | 3 | 2 | 1,040 | |
0.22 | Single-Family Home | $259,900 | 01/01/26 | 2 | 1 | 1,079 | |
0.12 | Single-Family Home | $323,000 | 03/19/26 | 4 | 2 | 1,300 | |
0.21 | Single-Family Home | $310,000 | 11/06/25 | 3 | 2 | 1,472 | |
0.20 | Single-Family Home | $225,000 | 07/30/26 | 2 | 1 | 864 | |
0.20 | Single-Family Home | $270,000 | 03/27/26 | 2 | 1 | 1,368 | |
0.41 | Single-Family Home | $215,000 | 05/22/26 | 2 | 2 | 1,000 | |
0.36 | Single-Family Home | $300,000 | 03/10/26 | 3 | 2 | 1,047 | |
0.37 | Single-Family Home | $260,000 | 06/09/26 | 2 | 2 | 1,184 |
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 |
|---|---|---|---|---|---|---|
0.03 | $376,700 | 4 | 3.5 | 1,952 | Off Market | |
0.10 | $308,500 | 4 | 1 | 1,184 | Off Market | |
0.06 | $365,400 | 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 | |
0.08 | $220,000 | 2 | 2 | 955 | For Sale | |
0.11 | $298,500 | 3 | 1.5 | 1,664 | Off Market | |
0.14 | $415,000 | 4 | 3 | 2,030 | Recently Sold | |
0.12 | $301,900 | 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
1970
Living Area
1,000 sqft
Price/Sqft
$273
About this House
Renting a 2 bedroom 2 bath 1 story house with a full basement. House is on the westside of Elgin, near Larkin High School. Quite neighborhood. Entire house has been redone. New Flooring, New appliances, Fresh paint, Dishwasher, Central Air. 1 car garage, small pets allowed. Available to move in November 7th. Gas dryer and washer hookups. Renter to provide washer and gas dryer. Utilities are not included. Renter is responsible for mowing the lawn and snow removal.
Tenant is responsible for all utilities, snow removal, maintaining the lawn, and providing washer and dryer.
Tenant is responsible for all utilities, snow removal, maintaining the lawn, and providing washer and dryer.
120 S Melrose Ave, Elgin, IL 60123 is a 2 bedroom, 2 bathroom, 1,000 sqft single-family home built in 1970. It last sold for $80,000 on Jan 22, 2016. It is currently off market. The Trulia Estimate is $272,500, with a rent estimate of $1,835/month.
Home Details for 120 S Melrose Ave
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Heating & Cooling Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 1Floors: Tile, Hardwood |
Appliances & Utilities DishwasherMicrowaveRefrigeratorWasher |
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Year Built Year Built: 1970 |
Property Type / Style Property Type: Single Family Home |
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Exterior Home Features Lawn |
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Units in Building: 1 |
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Lot Area: 6600 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jan 22, 2016 Source: N/A | Sold | $80,000 |
Sep 1, 2015 Source: MRED as distributed by MLS GRID #08968341 | Sold | $83,899 |
Jul 1, 2015 Source: Agent Provided | Listed For Sale | $63,600 |
Apr 25, 2005 Source: N/A | Sold | $170,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $5,489 | $215,859 |
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 120 S Melrose Ave
- What is 120 S Melrose Ave estimated to be worth?Trulia's estimated value for 120 S Melrose Ave in Elgin, IL is $272,500.
- What is the price history for 120 S Melrose Ave?120 S Melrose Ave in Elgin, IL last sold for $80,000 in January 2016.
- 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 120 S Melrose Ave have air conditioning?Yes, 120 S Melrose Ave in Elgin, IL has air conditioning.
- How big is the lot at 120 S Melrose Ave?The lot at 120 S Melrose Ave in Elgin, IL is about 0.15 acres (6,600 sq ft).

