$417,700
- 3 Beds
- 3 Baths
422 Locust St, Elgin, IL 60123
Est. Refi. Payment $3,064/mo*
Refinance Your HomeCurrently Off Market - Sold Oct 6, 2025 for $375,500
Home Value
Trulia Estimate
$418KSince last month
Increased$1K (+0.3%)Since last year
Increased$22K (+5.4%)Since last sale
Increased$41K (+10.8%)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 +175% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $416K |
| August 2026 | $415K |
| July 2026 | $407K |
| June 2026 | $414K |
| May 2026 | $411K |
| April 2026 | $404K |
| March 2026 | $404K |
| February 2026 | $397K |
| January 2026 | $401K |
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 |
|---|---|---|---|---|---|---|---|
0.26 | Multi-Family Home | $435,000 | 12/03/25 | 4 | 3 | - | |
0.20 | Multi-Family Home | $455,000 | 01/20/26 | 5 | 3 | - | |
0.29 | Multi-Family Home | $314,900 | 07/10/26 | 3 | 2 | - | |
0.20 | Multi-Family Home | $448,000 | 06/09/26 | 6 | 3 | - | |
0.37 | Multi-Family Home | $335,000 | 07/20/26 | 4 | 2 | - | |
0.31 | Multi-Family Home | $390,000 | 12/31/25 | 4 | 2 | - | |
0.41 | Multi-Family Home | $288,000 | 11/05/25 | 5 | 3.5 | - | |
0.22 | Multi-Family Home | $660,000 | 04/14/26 | 8 | 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 |
|---|---|---|---|---|---|---|
0.05 | $621,700 | 6 | 4 | - | Off Market | |
0.07 | $399,896 | 3 | 2 | 3,060 | For Sale | |
0.07 | $458,500 | 4 | 3 | - | Off Market | |
0.08 | $380,300 | 4 | 2 | 1,830 | Off Market | |
0.07 | $358,200 | 4 | 2 | 1,479 | Off Market | |
0.09 | $269,900 | 2 | 1 | 816 | For Sale | |
0.12 | $200,000 | 3 | 1.5 | 1,640 | Recently Sold | |
0.13 | $319,200 | 4 | 2 | 1,409 | Off Market | |
0.16 | $245,000 | 4 | 3 | 1,637 | Recently Sold | |
0.13 | $170,000 | - | - | - | Recently Sold | |
0.13 | $397,800 | 4 | 4 | - | Off Market |
Local Information
-- mins to
Home Highlights
Multi-Family
Garage
About this House
Welcome to 422 Locust Street, a beautifully updated two-unit property located in the heart of Elgin. This turnkey building presents a rare opportunity for both owner-occupants and investors, offering thoughtful upgrades throughout and strong rental potential. Unit 1 features a spacious and unique two-story layout with a private entrance, giving the feel of a single-family home. It includes three oversized bedrooms, two updated bathrooms, a modern kitchen with brand new waterproof luxury vinyl plank flooring, and upgraded lighting throughout. Unit 2 is a fully remodeled studio with its own private entrance, showcasing quartz countertops, smart appliances, waterproof LVP flooring, and a contemporary bathroom-making it an ideal high-end rental. Both units will be delivered vacant at closing, providing maximum flexibility to rent at current market rates or to house hack. The property has been meticulously maintained and thoughtfully improved with major upgrades, including a new water heater (2024), a high-efficiency Carrier HVAC system with a two-stage gas furnace (2022), a Nest thermostat, Aprilaire humidifier, newer windows, and a freshly built and painted wraparound porch. The exterior features a freshly blacktopped driveway, a detached three-car garage, and an additional ten parking spaces-offering rare and valuable off-street parking for tenants or guests. The full basement includes laundry, extra storage, and a separate exterior entrance, creating a value-add opportunity for future living space or rental income. Rental comps in the area demonstrate strong upside potential. Unit one: MLS #12286435, a 3BD/1BA property, rented for $2,000 in just 22 days, while MLS #12281539, a 3BD/1BA with only a one-car garage, supports similar pricing. Unit 2: For the studio unit, MLS #12198381 rented at $995 with no garage, driveway, or privacy, and MLS #12065176 rented in just 26 days without parking. COMPETITIVE ADVANTAGE: the units at 422 Locust Street offer more modern finishes, private entrances, ample off-street parking, 3 CAR GARAGE with potential to be rented and overall better value-suggesting even higher rental potential. Located near downtown Elgin, Grand Victoria Casino, Metra, I-90, shops, and restaurants, this property offers both convenience and long-term value. With excellent projected rental income and flexible occupancy options, this is a prime opportunity to own a well-maintained, income-producing property in a desirable and growing market.
422 Locust St, Elgin, IL 60123 is a 3 bedroom, 3 bathroom multi-family in Near West Elgin. It last sold for $375,500 on Oct 6, 2025 (3% below the $389,000 asking price). That rental listing was removed on July 7, 2015. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $417,700, with a rent estimate of $1,974/month.
Last check for updates: about 8 hours ago
Listed by Valeria Sanchez, (630) 940-6658
MPower Residential Brokerage LLC
Bought with: Jimary Lopez, (224) 795-2521, Perillo Real Estate Group
Source: MRED as distributed by MLS GRID, MLS#12463784

Home Details for 422 Locust St
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MLS Status: Closed |
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Interior Details Basement: Unfinished,FullNumber of Rooms: 8 |
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 3Number of Bathrooms (full): 3 |
Heating & Cooling Heating: Natural GasHas HeatingHeating Fuel: Natural Gas |
View No View |
Security Security: Carbon Monoxide Detector(s) |
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Exterior Home Features Roof: AsphaltPatio / Porch: PorchFoundation: Stone |
Parking & Garage Number of Garage Spaces: 3Number of Covered Spaces: 3Has a GarageNo Attached GarageParking Spaces: 3Parking: No Garage,On Site,Garage Owned,Detached,Garage |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Year Built Year Renovated: 2022 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: Vinyl SidingNot a New Construction |
Property Information Parcel Number: 0614409026 |
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Price List Price: $389,000 |
Status Change & Dates Off Market Date: Fri Sep 05 2025Possession Timing: Close Of Escrow |
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Direction & Address City: Elgin |
School Information Elementary School District: 46Jr High / Middle School District: 46High School District: 46 |
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Lot Area: 9000 sqft |
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Special Conditions: None |
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Listing Terms: VA |
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Business Information Ownership: Fee Simple |
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BasementMls Number: 12463784 |
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Source Internet Entire Listing DisplayMRD REMARKSINTERNET: YesSource Internet Address Display |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Oct 6, 2025 Source: MRED as distributed by MLS GRID #12463784 | Sold | $375,500 |
Sep 6, 2025 Source: MRED as distributed by MLS GRID #12463784 | Pending | $389,000 |
Sep 4, 2025 Source: MRED as distributed by MLS GRID #12463784 | Listed For Sale | $389,000 |
Sep 1, 2025 Source: MRED as distributed by MLS GRID #12441963 | ListingRemoved | $389,000 |
Aug 8, 2025 Source: MRED as distributed by MLS GRID #12441963 | Listed For Sale | $389,000 |
Jul 31, 2025 Source: MRED as distributed by MLS GRID #12413890 | ListingRemoved | $389,000 |
Jul 15, 2025 Source: MRED as distributed by MLS GRID #12413890 | PriceChange | $389,000 Price decreased by 3% |
Jul 8, 2025 Source: MRED as distributed by MLS GRID #12413890 | Listed For Sale | $399,000 |
Jul 8, 2025 Source: MRED as distributed by MLS GRID #12407459 | ListingRemoved | $425,000 |
Jun 30, 2025 Source: MRED as distributed by MLS GRID #12407459 | Listed For Sale | $425,000 |
Jun 30, 2025 Source: MRED as distributed by MLS GRID #12401471 | ListingRemoved | $450,000 |
Jun 23, 2025 Source: MRED as distributed by MLS GRID #12401471 | Listed For Sale | $450,000 |
Jun 23, 2025 Source: MRED as distributed by MLS GRID #12398445 | ListingRemoved | $469,000 |
Jun 19, 2025 Source: MRED as distributed by MLS GRID #12398445 | Listed For Sale | $469,000 |
Mar 23, 2022 Source: RE/MAX International | ListingRemoved | |
Dec 3, 2021 Source: MRED as distributed by MLS GRID #11259900 | Contingent | $257,000 |
Nov 29, 2021 Source: RE/MAX International #11259900 | Pending | $257,000 |
Nov 29, 2021 Source: MRED as distributed by MLS GRID #11259900 | Contingent | $257,000 |
Nov 1, 2021 Source: MRED as distributed by MLS GRID #11259900 | PriceChange | $257,000 Price decreased by 1% |
Aug 27, 2021 Source: MRED as distributed by MLS GRID #11202597 | Listed For Sale | $260,000 |
Apr 1, 2019 Source: MRED as distributed by MLS GRID #10147997 | Sold | $191,468 |
Jan 22, 2019 Source: Agent Provided | Pending | $199,900 |
Jan 4, 2019 Source: Agent Provided | PendingToActive | $199,900 |
Dec 19, 2018 Source: Agent Provided | Pending | $199,900 |
Dec 3, 2018 Source: Agent Provided | Listed For Sale | $199,900 |
Jul 7, 2015 Source: Agent Provided | ListingRemoved | $1,600 |
May 31, 2006 Source: N/A | Sold | $145,500 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $6,167 | $272,757 |
Home facts updated by county records
Market trends in Elgin
Last updated August 2026
Avg. sale price
$331K
$4.67KMoM
Sale-to-List Price
100.2%
Price per sq ft
$203
$4MoM
Available listings
264
13MoM
Around this home
What Locals Say about Near West Elgin
At least 26 Trulia users voted on each feature.
96 % Say there are sidewalks
86 % Say it's dog friendly
78 % Say it's walkable to restaurants
78 % Say yards are well-kept
78 % Say parking is easy
78 % Say car is needed
74 % Say there's holiday spirit
71 % Say kids play outside
66 % Say streets are well-lit
54 % Say they plan to stay for at least 5 years
54 % Say it's walkable to grocery stores
54 % Say people would walk alone at night
44 % Say there's wildlife
42 % Say neighbors are friendly
33 % Say there are community events
33 % Say it's quiet
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

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
Frequently asked questions about 422 Locust St
- What is 422 Locust St estimated to be worth?Trulia's estimated value for 422 Locust St in Elgin, IL is $417,700.
- What is the price history for 422 Locust St?422 Locust St in Elgin, IL last sold for $375,500 in October 2025.
- 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 $331K. That is down $4.67K from the prior month.

