422 Locust St, Elgin, IL 60123
Property image
Property image
OFF MARKET

$417,700

Trulia Estimate
  • 3 Beds
  • 3 Baths

422 Locust St, Elgin, IL 60123

Near West Elgin
Est. Refi. Payment $3,064/mo*
Refinance Your Home
Currently Off Market - Sold Oct 6, 2025 for $375,500

Home Value

Trulia Estimate
$418K
Since 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
MonthEstimated 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

  • Map ViewExplore the area around 422 Locust St.
  • Schools2 Preschool Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

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

Active Status

MLS Status: Closed

Interior Features

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)

Exterior Features

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

Property Information

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

Price & Status

Price
List Price: $389,000
Status Change & Dates
Off Market Date: Fri Sep 05 2025Possession Timing: Close Of Escrow

Location

Direction & Address
City: Elgin
School Information
Elementary School District: 46Jr High / Middle School District: 46High School District: 46

Lot Information

Lot Area: 9000 sqft

Listing Info

Special Conditions: None

Offer

Listing Terms: VA

Business

Business Information
Ownership: Fee Simple

Miscellaneous

BasementMls Number: 12463784

Additional Information

Source Internet Entire Listing DisplayMRD REMARKSINTERNET: YesSource Internet Address Display

Price and Tax history

DateEventPrice
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

Market trends in Elgin

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$331K
$4.67K
MoM
Sale-to-List Price
100.2%
Price per sq ft
$203
$4
MoM
Available listings
264
13
MoM

Around this home

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

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.
  • Jordan S.
    "Certain parts of Elgin are great then small parts not so much but I give it a 8 out of 10 for also the lack of transportation."
  • Rebecca P.
    "Some of the streets are high traffic areas. Several families in the neighborhood. Near an elementary and middle school. Thereโ€™s a nearby park and a playground at the school. "
  • Latonya J.
    "I dont really care for animals at all. And I wish that they would clean and pick up at their dogs and keep it clean "
  • Latonya J.
    "Ppl cleaning up after their dogs and be a lil more friendly. Pls and thank you and everybody would not dirty up the area and keep clean "
  • Yvonne B.
    "The traffic and new street designs are crazy. McLean and rt20 is a death trap! The center media on McLean and Lillian one way is difficult to reach stores"
  • Rebecca P.
    "Iโ€™ve lived in this neighborhood for three years and Iโ€™m quite comfortable with my neighbors. Despite living just around the corner from the fire department itโ€™s reasonably quiet. Itโ€™s within walking distance to downtown restaurants, the park, rec center and community theater. "
  • 208 W.
    "Lots of family owned businesses. Great neighbors! Close to public and private schools. Close to many forms of transportation (highways, train station, bike path, bus stops)."

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.

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