480 Addison St, Elgin, IL 60120
Property image
Property image
OFF MARKET

480 Addison St
Elgin, IL 60120

Summit Park
  • 2 Beds
  • 2 Baths
  • 1,572 sqft

$276,800

Trulia Estimate
as of Aug 20, 2026
Est. Refi. Payment $1,953/mo*
Refinance Your Home

$276,800

Trulia Estimate
as of Aug 20, 2026
Est. Refi. Payment $1,953/mo*
Refinance Your Home
2 Beds
2 Baths
1,572 sqft

Home Value

Trulia Estimate
$277K
Since last month
Decreased$1K (-0.5%)
Since last year
Increased$6K (+2.3%)
Since last sale
Increased$220K (+402.7%)
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 +88% in the last 10 years
MonthEstimated value
2026
August 2026$275K
July 2026$276K
June 2026$281K
May 2026$273K
April 2026$269K
March 2026$274K
February 2026$268K
January 2026$260K
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
0.49
Multi-Family Home
$325,000
06/16/26
4
2
2,118
725 Hill Ave, Elgin, IL
0.61
Multi-Family Home
$287,250
08/28/25
2
1.5
1,100
558 Franklin Blvd, Elgin, IL
0.16
Multi-Family Home
$300,000
10/15/25
3
2
-
226 Mountain St, Elgin, IL
0.96
Multi-Family Home
$150,000
10/20/25
4
2
1,559
774 Terrace Ct #Q, Elgin, IL
0.64
Multi-Family Home
$80,000
02/24/26
2
1
900
495-499 Franklin St, Elgin, IL
0.05
Multi-Family Home
$510,000
08/17/26
6
2
-
523 N Liberty St, Elgin, IL
0.41
Multi-Family Home
$265,000
09/12/25
3
2.5
-
376 Jefferson Ave, Elgin, IL
0.50
Multi-Family Home
$295,000
12/22/25
3
2
-
337 Ryerson Ave, Elgin, IL
1.10
Multi-Family Home
$270,000
02/06/26
3
2
1,738
453 E Chicago St, Elgin, IL
0.37
Multi-Family Home
$293,000
11/14/25
4
2.5
-

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
474 Addison St, Elgin, IL 60120
0.01
$297,400
4
2
-
Off Market
460 Addison St, Elgin, IL 60120
0.05
$332,100
4
2
1,262
Off Market
456 Addison St, Elgin, IL 60120
0.06
$300,000
4
2
-
Recently Sold
452 Addison St, Elgin, IL 60120
0.07
$316,800
4
2
1,704
Off Market
453 Addison St, Elgin, IL 60120
0.08
$233,000
2
1.5
1,352
Recently Sold
495-499 Franklin St, Elgin, IL 60120
0.05
$510,000
6
2
-
Recently Sold
310 Hill Ave, Elgin, IL 60120
0.08
$336,200
4
2
-
Off Market
476 North St, Elgin, IL 60120
0.13
$188,100
3
1
1,743
Off Market
Address Not Disclosed, Elgin, IL 60120
0.14
$300,000
3
2
1,344
Recently Sold
479 W North St, Elgin, IL 60120
0.16
$275,300
3
1.5
1,738
Off Market
170 N Porter St, Elgin, IL 60120
0.15
$380,200
4
3
-
Off Market
439 Park St, Elgin, IL 60120
0.17
$349,500
3
1.5
1,220
Off Market

Local Information

  • Map ViewExplore the area around 480 Addison St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1900
Living Area
1,572 sqft
Price/Sqft
$176

About this House

This multi-family home is located at 480 Addison St, Elgin, IL. 480 Addison St is in the Summit Park neighborhood in Elgin, IL and in ZIP code 60120. This property has 2 bedrooms, 2 bathrooms and approximately 1,572 sqft of floor space. This property has a lot size of 8276 sqft and was built in 1900.
480 Addison St, Elgin, IL 60120 is a 2 bedroom, 2 bathroom, 1,572 sqft multi-family in Summit Park, built in 1900. It last sold for $54,600 on Feb 1, 2017. It is currently off market. The Trulia Estimate is $276,800, with a rent estimate of $1,915/month.

Home Details for 480 Addison St

Interior Features

Heating & Cooling
Heating: GasHeating Fuel: Gas

Exterior Features

Exterior Home Features
Roof: Asphalt

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: Multi Family

Community

Units in Building: 2

Lot Information

Lot Area: 8276 sqft

Price and Tax history

DateEventPrice
Feb 1, 2017
Source: MRED as distributed by MLS GRID #09390854
Sold
$54,600
Dec 1, 2016
Source: Agent Provided
Pending
$65,000
Nov 18, 2016
Source: Agent Provided
Listed For Sale
$30,000
May 13, 2016
Source: Agent Provided
ListingRemoved
$0
Apr 20, 2016
Source: Agent Provided
Listed For Sale
$64,900

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

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

Summit Park
See Local Highlights
Neighborhood stats provided by third party data sources.

LGBTQ Local Legal Protections

Frequently asked questions about 480 Addison St

  • What is 480 Addison St estimated to be worth?
    Trulia's estimated value for 480 Addison St in Elgin, IL is $276,800.
  • What is the price history for 480 Addison St?
    480 Addison St in Elgin, IL last sold for $54,600 in February 2017.
  • 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.

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Off Market Homes Near 480 Addison St

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