361 S  Commonwealth Ave, Elgin, IL 60123
SOLD
JUL 10, 2026

361 S Commonwealth Ave
Elgin, IL 60123

Southwest Elgin
  • 4 Beds
  • 2.5 Baths
  • 1,367 sqft

$420,000

Last Sold: Jul 10, 2026
6% over list $395K
$307/sqft
Est. Refi. Payment $2,945/mo*

$420,000

Last Sold: Jul 10, 2026
6% over list $395K
$307/sqft
Est. Refi. Payment $2,945/mo*
4 Beds
2.5 Baths
1,367 sqft

Local Information

  • Map ViewExplore the area around 361 S Commonwealth Ave.
  • Schools2 Preschool Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Located in an established neighborhood just blocks from dining, shopping and the popular downtown Riverwalk, this beautifully maintained 4 bedroom, 2.5 bath brick ranch offers a perfect blend of comfort, character and convenience. Set on a landscaped lot, the home welcomes you with a charming front porch and continues to impress with outdoor spaces designed for relaxing and entertaining, including a fenced backyard, covered deck, patio with pergola and firepit. Inside, the inviting living room features hardwood flooring and a cozy fireplace, creating a warm and comfortable gathering space. The eat-in kitchen is beautifully appointed with luxury vinyl plank flooring, stainless steel appliances, granite countertops and soft-close cabinetry. Hardwood flooring extends throughout all main level bedrooms, while the updated bathrooms add a fresh, modern touch. The finished basement expands the living space even further with a spacious family room featuring a bar, a 4th bedroom and a full bath, making it ideal for guests, recreation, hobbies or a home office. Additional updates include some newer windows, recent exterior painting and a high-efficiency air conditioner installed in 2021. Completing the package is a 2-car attached garage and a fantastic location that puts everyday conveniences, recreation and downtown amenities just minutes from your doorstep.
361 S Commonwealth Ave, Elgin, IL 60123 is a 4 bedroom, 3 bathroom, 1,367 sqft single-family home in Southwest Elgin, built in 1962. It last sold for $420,000 on Jul 10, 2026 (6% above the $395,000 asking price). It is currently off market. The Trulia Estimate is $402,600, with a rent estimate of $3,074/month.

Home Highlights

Parking
2 Car Garage
Outdoor
Patio, Deck
A/C
Heating & Cooling
HOA
None
Price/Sqft
$307/sqft
Listed
No Info

Home Details for 361 S Commonwealth Ave

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Partially Finished,FullNumber of Rooms: 7Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Family Room, Kitchen, Laundry, Living Room
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 1367 Square Feet
Appliances & Utilities
Appliances: Microwave, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)DryerMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Natural Gas
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Wood Burning, Living RoomHas a FireplaceNo Spa
Gas & Electric
Electric: Circuit Breakers, 100 Amp Service
Windows, Doors, Floors & Walls
Window: ScreensFlooring: Hardwood
Levels, Entrance, & Accessibility
Stories: 1Accessibility: No Disability AccessFloors: Hardwood
View
No View
Security
Security: Carbon Monoxide Detector(s)

Exterior Features

Exterior Home Features
Roof: AsphaltPatio / Porch: Deck, PatioFencing: FencedOther Structures: PergolaExterior: Fire Pit
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageHas an Attached GarageHas Open ParkingParking Spaces: 2Parking: Concrete,Garage Door Opener,Yes,Garage Owned,Attached,Garage
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1962
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch
Building
Construction Materials: BrickNot a New ConstructionNo Additional ParcelsIs Habitable Residence
Property Information
Parcel Number: 0623107003

Price & Status

Price
List Price: $395,000Price Per Sqft: $307/sqft
Status Change & Dates
Off Market Date: Mon Jun 08 2026Possession Timing: Close Of Escrow

Location

Direction & Address
City: Elgin
School Information
Elementary School: Harriet Gifford Elementary SchooElementary School District: 46Jr High / Middle School: Kenyon Woods Middle SchoolJr High / Middle School District: 46High School: Larkin High SchoolHigh School District: 46

Community

Community Features: Curbs, Sidewalks, Street Lights, Street Paved

HOA

HOA Fee Includes: None

Lot Information

Lot Area: 6969.6 sqft

Listing Info

Special Conditions: None

Offer

Listing Terms: Conventional

Business

Business Information
Ownership: Fee Simple

Miscellaneous

BasementMls Number: 12666239Activation Date: Thu Jun 04 2026

Additional Information

CurbsSidewalksStreet LightsStreet PavedMRD SHARE WITH CLIENTS: YesSource Internet Entire Listing DisplayMRD IDX Comments Reviews: NoMRD Listing On IDX Display: YesMRD Address On VOW Display: YesMRD AVM On IDX Display: NoMRD Price History On IDX Display: NoMRD Market Time On IDX Display: NoSource Internet Address DisplayMRD REMARKSINTERNET: YesHide Days On Site DisplayHide Price History DisplayMRD Remarks On VOW Display: Yes
Last check for updates: about 8 hours ago
Listed by Matthew Kombrink, GRI,SFR, (630) 803-8444
One Source Realty
Miles Tischhauser, (815) 739-3458
One Source Realty
Bought with: Donna Muttini, (847) 373-4545, Keller Williams Success Realty
Source: MRED as distributed by MLS GRID, MLS#12666239

Price History for 361 S Commonwealth Ave

DatePriceEventSource
07/10/2026$420,000Sold
MRED as distributed by MLS GRID #12666239
06/09/2026$395,000ContingentMRED as distributed by MLS GRID #12666239
06/04/2026$395,000Listed For SaleMRED as distributed by MLS GRID #12666239
09/22/2020$236,000Sold
MRED as distributed by MLS GRID #10802795
08/04/2020$230,000PendingAgent Provided
08/01/2020$230,000Listed For SaleAgent Provided
11/27/2013$126,100Sold
N/A
07/24/2013$291,435Sold
N/A
10/21/2005$235,000Sold
N/A
12/05/2003$187,500Sold
N/A
10/08/1996$133,500Sold
N/A

Market trends in Elgin

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$313K
$11.67K
MoM
Sale-to-List Price
99.6%
Price per sq ft
$206
$3
MoM
Available listings
234
30
MoM
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Property Tax and Assessment

Year2024
Tax$7,084
Assessment$292,833
Home facts updated by county records

Comparable Sales for 361 S Commonwealth Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.04
Single-Family Home
$341,000
04/07/26
4
2
1,401
0.10
Single-Family Home
$405,000
09/26/25
4
3
1,613
0.11
Single-Family Home
$310,000
09/19/25
4
2
1,765
0.08
Single-Family Home
$360,000
06/01/26
3
2
1,683
0.15
Single-Family Home
$290,000
02/13/26
4
2
1,596
0.03
Single-Family Home
$300,000
10/01/25
3
1.5
1,800
0.15
Single-Family Home
$319,000
08/06/25
3
2
1,485
0.15
Single-Family Home
$285,000
09/04/25
3
2
1,154
0.17
Single-Family Home
$229,000
03/31/26
4
2
1,352

Nearby homes

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Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Southwest Elgin

  • Juana Valencia
    "It could be better, I see a lot of ice around, scary and makes us feel uncomfortable more restaurants and lounges needed"
  • Jokie.deguzman1251999
    "i usually walk to nearby stores,restaurants, and gas stations. otherwise i drive my car or take a uber for far locations"
  • 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"
  • Grant S.
    "we are off the beaten path as far as traffic is concerned... there is a very low crime rate in our neighborhood. we have two parks relatively close. there is a grade school within a quarter mile. lots of kids in the neighborhood. even though it appears to be primarily Hispanic there are few rentals and fairly descent upkeep of the houses and landscape. it's one of the quieter neighborhoods I've been in in my 25 years here in elgin"
  • Grant S.
    "close to downtown but off the beaten path. except for trains a very quiet area. traffic tends to be too much at rush hours."
  • Amysmooch
    "I have lived here for 11yrs and I love the way everyone is friendly. And neighbors still watch all the neighborhood kids to keep them safe . "
  • Grant S.
    "quieter neighborhood.... quiet neighbors... lots of wildlife and birds. trains are a little bothersome"
  • Grant S.
    "one of the quiter neigjborhoods I've lived in in elgin over 30 yrs and 8 different locations. i think the diversity of our neighborhood ethically is well balanced and adds to the feeling."

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Homes for sale near 361 S Commonwealth Ave

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Off Market Homes Near 361 S Commonwealth Ave

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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