371 S Commonwealth Ave, Elgin, IL 60123
OFF MARKET

371 S Commonwealth Ave
Elgin, IL 60123

Southwest Elgin
  • 3 Beds
  • 3 Baths
  • 1,270 sqft

$316,000

Trulia Estimate
as of Jul 9, 2026
Est. Refi. Payment $2,229/mo*
Refinance Your Home

$316,000

Trulia Estimate
as of Jul 9, 2026
Est. Refi. Payment $2,229/mo*
Refinance Your Home
3 Beds
3 Baths
1,270 sqft

Local Information

  • Map ViewExplore the area around 371 S Commonwealth Ave.
  • Schools2 Preschool Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

This single-family home is located at 371 S Commonwealth Ave, Elgin, IL. 371 S Commonwealth Ave is in the Southwest Elgin neighborhood in Elgin, IL and in ZIP code 60123. This property has 3 bedrooms, 3 bathrooms and approximately 1,270 sqft of floor space. This property has a lot size of 7260 sqft and was built in 1962.
371 S Commonwealth Ave, Elgin, IL 60123 is a 3 bedroom, 3 bathroom, 1,270 sqft single-family home in Southwest Elgin, built in 1962. It last sold for $108,000 on Nov 29, 2010. It is currently off market. The Trulia Estimate is $316,000, with a rent estimate of $2,480/month.

Home Highlights

Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 371 S Commonwealth Ave

Interior Features

Interior Details
Basement
Levels, Entrance, & Accessibility
Stories: 1

Property Information

Year Built
Year Built: 1962
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 7274 sqft

Price History for 371 S Commonwealth Ave

DatePriceEventSource
11/29/2010$108,000Sold
MRED as distributed by MLS GRID #07075070
06/21/2006$225,000Sold
N/A

Market trends in Elgin

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

Year2024
Tax$6,822
Assessment$279,741
Home facts updated by county records

Comparable Sales for 371 S Commonwealth Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
853 Orange St, Elgin, IL
0.07
Single-Family Home
$360,000
06/01/26
3
2
1,683
851 Washburn St, Elgin, IL
0.04
Single-Family Home
$300,000
10/01/25
3
1.5
1,800
475 S Edison Ave, Elgin, IL
0.14
Single-Family Home
$285,000
09/04/25
3
2
1,154
400 Marguerite St, Elgin, IL
0.03
Single-Family Home
$341,000
04/07/26
4
2
1,401
506 S Edison Ave, Elgin, IL
0.18
Single-Family Home
$300,000
07/16/25
3
2
1,256
503 S Edison Ave, Elgin, IL
0.15
Single-Family Home
$319,000
08/06/25
3
2
1,485
313 S Commonwealth Ave, Elgin, IL
0.11
Single-Family Home
$405,000
09/26/25
4
3
1,613
375 S Edison Ave, Elgin, IL
0.14
Single-Family Home
$300,000
06/18/26
3
2
1,125
256 S Edison Ave, Elgin, IL
0.23
Single-Family Home
$300,000
12/03/25
3
2
1,456
353 Wilcox Ave, Elgin, IL
0.18
Single-Family Home
$229,000
03/31/26
4
2
1,352

Nearby homes

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Assigned Schools

These are the assigned schools for 371 S Commonwealth Ave.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Southwest Elgin
See Local Highlights
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"
    0
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  • Jokie.deguzman1251999
    "i usually walk to nearby stores,restaurants, and gas stations. otherwise i drive my car or take a uber for far locations"
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  • 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
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  • 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"
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  • 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."
    0
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  • 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 . "
    0
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  • Grant S.
    "quieter neighborhood.... quiet neighbors... lots of wildlife and birds. trains are a little bothersome"
    1
    Flag
  • 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."
    1
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Homes for sale near 371 S Commonwealth Ave

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Off Market Homes Near 371 S Commonwealth Ave

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