406 Prospect St, Elgin, IL 60120
Property image
Property image
OFF MARKET

$607,100

Trulia Estimate
  • 8 Beds
  • 4 Baths
  • 4,416 sqft (on 0.25 acres)

406 Prospect St, Elgin, IL 60120

Northeastern Elgin
Est. Refi. Payment $4,216/mo*
Refinance Your Home
Currently Off Market - Sold Sep 29, 2021 for $462,500

Home Value

Trulia Estimate
$607K
Since last month
Decreased$2K (-0.3%)
Since last year
Increased$28K (+4.8%)
Since last sale
Increased$147K (+31.7%)
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 +163% in the last 10 years
MonthEstimated value
2026
August 2026$609K
August 2026$608K
July 2026$611K
June 2026$616K
May 2026$608K
April 2026$613K
March 2026$601K
February 2026$592K
January 2026$573K
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
262 Cherry St, Elgin, IL
0.02
Multi-Family Home
$325,000
06/16/26
4
2
2,118
356-358 N Spring St, Elgin, IL
0.15
Multi-Family Home
$393,933
09/26/25
6
3
-
35 Lovell St, Elgin, IL
0.50
Multi-Family Home
$335,000
07/07/26
4
3
2,056
258-260 Ann St, Elgin, IL
0.07
Multi-Family Home
$235,000
04/21/26
6
2
-
262 N Spring St #64, Elgin, IL
0.23
Multi-Family Home
$575,000
11/24/25
11
4
-
265 Center St, Elgin, IL
0.18
Multi-Family Home
$285,000
12/04/25
4
3
-
96 S Crystal St, Elgin, IL
0.86
Multi-Family Home
$375,000
05/08/26
6
6
2,550
495-499 Franklin St, Elgin, IL
0.49
Multi-Family Home
$510,000
08/17/26
6
2
-
376 Jefferson Ave, Elgin, IL
0.29
Multi-Family Home
$295,000
12/22/25
3
2
-
528 E Chicago St, Elgin, IL
0.73
Multi-Family Home
$397,000
12/12/25
4
4
-

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
268 Seneca St, Elgin, IL 60120
0.05
$299,000
3
2
1,820
Recently Sold
Address Not Disclosed, Elgin, IL 60120
0.07
$229,000
3
1.5
1,500
Recently Sold
258-260 Ann St, Elgin, IL 60120
0.07
$235,000
6
2
-
Recently Sold
464 Prospect St, Elgin, IL 60120
0.08
$248,000
2
2
1,000
Recently Sold
306 Ann St, Elgin, IL 60120
0.07
$263,000
3
1
979
Off Market
314 Ann St, Elgin, IL 60120
0.08
$398,700
7
3
-
Off Market
320 Center St, Elgin, IL 60120
0.12
$561,500
8
4
-
Off Market
206 Ann St, Elgin, IL 60120
0.12
$311,600
3
2
-
Off Market
467 N Spring St, Elgin, IL 60120
0.14
$264,900
2
1
1,140
Off Market
213 Ann St, Elgin, IL 60120
0.14
$310,700
6
2
-
Off Market
515 Prospect St, Elgin, IL 60120
0.14
$386,100
4
2
-
Off Market
209 Ann St, Elgin, IL 60120
0.14
$278,800
3
1
1,166
Off Market

Local Information

  • Map ViewExplore the area around 406 Prospect St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1900
Lot Size
0.25 acres
Living Area
4,416 sqft
Price/Sqft
$137

About this House

****** MULTIPLE OFFERS HIGHEST AND BEST DUE 6/3/13 BY NOON *********THIS IS A FREDDIE MAC HOMESTEPS PROPERTY THIS HOME IS being SOLD AS-IS. *****CASH OFFERS ONLY DUE TO VANDILISM COPPER WATER LINE HAVE BEEN TAKEN FROM BASEMENT AND UNIT 1 and 2. ALSO BASEBOARD HEATING UNITS HAVE BEEN TAKEN******
406 Prospect St, Elgin, IL 60120 is a 8 bedroom, 4 bathroom, 4,416 sqft multi-family in Northeastern Elgin, built in 1900. It last sold for $462,500 on Sep 29, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $607,100, with a rent estimate of $1,500/month.

Home Details for 406 Prospect St

Interior Features

Interior Details
BasementNumber of Rooms: 20
Heating & Cooling
Heating: GasHeating Fuel: Gas
Levels, Entrance, & Accessibility
Stories: 2

Exterior Features

Exterior Home Features
Roof: OtherExterior: Stucco
Parking & Garage
Parking Spaces: 6

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: Multi FamilyArchitecture: Other

Community

Units in Building: 1

Lot Information

Lot Area: 10890 sqft

Price and Tax history

DateEventPrice
Sep 29, 2021
Source: MRED as distributed by MLS GRID #11159891
Sold
$462,500
Jul 28, 2021
Source: MRED as distributed by MLS GRID #11159891
Contingent
$380,000
Jul 17, 2021
Source: MRED as distributed by MLS GRID #11159891
Listed For Sale
$380,000
Jul 5, 2013
Source: MRED as distributed by MLS GRID #08293557
Sold
$126,406
May 29, 2013
Source: Agent Provided
Listed For Sale
$89,900

Market trends in Elgin

Last updated July 2026
Buyer'sMarketSeller'sMarket
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

Neighborhood Overview

Northeastern Elgin
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Northeastern Elgin

At least 27 Trulia users voted on each feature.

  • 97 % Say there are sidewalks

  • 84 % Say it's dog friendly

  • 77 % Say parking is easy

  • 77 % Say yards are well-kept

  • 76 % Say streets are well-lit

  • 74 % Say kids play outside

  • 70 % Say there's holiday spirit

  • 69 % Say car is needed

  • 65 % Say it's walkable to restaurants

  • 64 % Say people would walk alone at night

  • 59 % Say it's quiet

  • 56 % Say they plan to stay for at least 5 years

  • 55 % Say it's walkable to grocery stores

  • 53 % Say there's wildlife

  • 45 % Say neighbors are friendly

  • 35 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • 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
  • Tarantula.paul
    "There are no fences allowed for big dogs and, no open off leash spaces, but there are a couple on leash parks around."
    0
    Flag
  • Gavina777
    "Very family oriented, safe, and great neighbors. Easy access to route 90. Also, not a lot of traffic or cars on the street. "
    3
    Flag
  • Stormyjl
    "The street parking from other neighbors in front of our house was terrible! Too much noise and drama "
    1
    Flag
  • scruz
    "Live here. Quiet and friendly neighbors. Very clean area."
    1
    Flag
  • historicelgin
    "Everyone loves our neighborhood! We have an organized neighborhood association and many friendly neighbors who host weekly get togethers in the summer. Many neighbors are active in the community and are long time residents. Caring neighbors, historic homes, and true friendliness make this the neighborhood many people aspire to move to. The amenities include a community built play park at McKinley School, easy access to the bike path, close to downtown with wonderful ethnic restaurants, close to The Centre (Elgin's rec center), 10 minutes from Metra trains into Chicago, 5 minutes from a library that garnered the top national library award last year. "
    0
    Flag
  • Carlos R.
    "I have visit this area and stay around, so I recommend this area because is safe, Nice people, Good for families with kids, for couples and for any retiree"
    4
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 406 Prospect St

  • What is 406 Prospect St estimated to be worth?
    Trulia's estimated value for 406 Prospect St in Elgin, IL is $607,100.
  • What is the price history for 406 Prospect St?
    406 Prospect St in Elgin, IL last sold for $462,500 in September 2021.
  • 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 406 Prospect St have parking?
    Yes, 406 Prospect St in Elgin, IL has on-site parking.

Explore by feature - Pet Friendly

31 pet-friendly rentals in Elgin, IL

Explore by feature - Garage

43 rentals with a garage in Elgin, IL

Explore by feature - Air Conditioning

58 rentals with air conditioning in Elgin, IL

Explore by feature - Pool

21 rentals with a pool in Elgin, IL

Explore by feature - Washer/dryer

48 rentals with a washer/dryer in Elgin, IL

Explore by feature - Outdoor Space

10 rentals with an outdoor space in Elgin, IL

Apartments for Rent

Skip to last item
Skip to first item

Off Market Homes Near 406 Prospect St

Skip to last item
Skip to first item

Homes for sale near 406 Prospect St

Skip to last item
Skip to first item
Skip to last item
  • Results are loading
Skip to first item