$249,700
- 1 Bed
- 1 Bath
- 1,135 sqft
237 S Melrose Ave, Elgin, IL 60123
Est. Refi. Payment $1,796/mo*
Refinance Your HomeHome Value
Trulia Estimate
$250KSince last month
Decreased$4K (-1.5%)Since last year
Increased$29K (+13.2%)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 +92% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $250K |
| August 2026 | $250K |
| July 2026 | $254K |
| June 2026 | $260K |
| May 2026 | $255K |
| April 2026 | $245K |
| March 2026 | $242K |
| February 2026 | $236K |
| January 2026 | $237K |
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 |
|---|---|---|---|---|---|---|---|
0.08 | Single-Family Home | $259,900 | 01/01/26 | 2 | 1 | 1,079 | |
0.08 | Single-Family Home | $275,300 | 07/30/26 | 2 | 1 | 876 | |
0.19 | Single-Family Home | $182,900 | 01/30/26 | 1 | 1 | 618 | |
0.06 | Single-Family Home | $308,000 | 11/24/25 | 3 | 1 | 1,550 | |
0.19 | Single-Family Home | $230,000 | 12/30/25 | 2 | 1 | 728 | |
0.35 | Single-Family Home | $270,000 | 03/27/26 | 2 | 1 | 1,368 | |
0.16 | Single-Family Home | $326,500 | 05/06/26 | 3 | 2 | 1,040 | |
0.17 | Single-Family Home | $250,000 | 10/31/25 | 2 | 1 | 819 | |
0.28 | Single-Family Home | $280,000 | 02/26/26 | 3 | 1 | 1,320 | |
0.15 | Single-Family Home | $300,000 | 12/03/25 | 3 | 2 | 1,456 |
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 |
|---|---|---|---|---|---|---|
0.07 | $283,400 | 3 | 1 | 1,215 | Off Market | |
0.07 | $290,000 | 2 | 1 | - | Recently Sold | |
0.08 | $259,900 | 2 | 1 | 1,079 | Recently Sold | |
0.06 | $273,200 | 2 | 1 | 1,069 | Off Market | |
0.07 | $317,400 | 4 | 1.5 | 1,698 | Off Market | |
0.08 | $275,300 | 2 | 1 | 876 | Recently Sold | |
0.11 | $385,400 | 4 | 2 | 1,800 | Off Market | |
0.12 | $328,600 | 3 | 2 | 1,102 | Off Market | |
0.17 | $261,700 | 2 | 1 | 819 | Off Market | |
0.17 | $305,200 | 3 | 1.5 | 1,080 | Off Market | |
0.15 | $258,000 | 3 | 1 | 950 | Off Market | |
0.18 | $307,800 | 3 | 1 | 1,440 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1930
Living Area
1,135 sqft
Price/Sqft
$220
Parking
Garage
About this House
Lower level of two-flat in quiet neighborhood on the West side of Elgin owned by professional couple. 1 bedroom (with vaulted ceiling), office, one bath (modern, natural stone tile, Kohler fixtures), new furnace and central A/C, deck, fenced yard, paver patio and well-lit walks, separate utilities, partially finished basement with front-loading washer/dryer, fresh paint in living room and dining room. Great neighbors. Minutes away from ECC. Email for more information. Security deposit, as well as credit and background checks required. MAY allow dogs with additional security deposit.
Owner pays water. Tenant pays gas and electric. Lawn service paid by owner.
Owner pays water. Tenant pays gas and electric. Lawn service paid by owner.
237 S Melrose Ave, Elgin, IL 60123 is a 1 bedroom, 1 bathroom, 1,135 sqft single-family home built in 1930. More recently, it was listed as a rental in August 2019 with an asking price of $1,575 per month. That rental listing was removed on March 24, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $249,700, with a rent estimate of $1,491/month.
Home Details for 237 S Melrose Ave
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Heating & Cooling Heating: Forced AirHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 2.5Floors: Hardwood |
Appliances & Utilities DryerWasher |
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Year Built Year Built: 1930 |
Property Type / Style Property Type: Single Family Home |
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Parking & Garage GarageParking: Garage Detached, Off Street |
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Units in Building: 1 |
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Lot Area: 6621 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Mar 24, 2021 Source: N/A | ListingRemoved | |
Nov 1, 2019 Source: N/A | ListingRemoved | $1,375 |
Oct 31, 2019 Source: N/A | PriceChange | $1,375 Price decreased by 7% |
Aug 20, 2019 Source: N/A | PriceChange | $1,475 Price decreased by 6% |
Aug 10, 2019 Source: N/A | Listed For Rent | $1,575 |
Oct 2, 2018 Source: N/A | ListingRemoved | $915 |
Sep 18, 2018 Source: N/A | Listed For Rent | $915 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $5,649 | $246,153 |
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 237 S Melrose Ave
- What is 237 S Melrose Ave estimated to be worth?Trulia's estimated value for 237 S Melrose Ave in Elgin, IL is $249,700.
- 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.
- What do residents say about Elgin?Residents describe Elgin, IL as pedestrian-friendly, dog-friendly, and easy to park in. See recently sold homes in Elgin, IL.
- Does 237 S Melrose Ave have laundry facilities?Yes, 237 S Melrose Ave in Elgin, IL has in-unit laundry.
- How big is the lot at 237 S Melrose Ave?The lot at 237 S Melrose Ave in Elgin, IL is about 0.15 acres (6,621 sq ft).

