488 Addison St, Elgin, IL 60120
OFF MARKET

488 Addison St
Elgin, IL 60120

Summit Park
  • 2 Beds
  • 1 Bath
  • 840 sqft

$231,900

Trulia Estimate
as of Aug 20, 2026
Est. Refi. Payment $1,649/mo*
Refinance Your Home

$231,900

Trulia Estimate
as of Aug 20, 2026
Est. Refi. Payment $1,649/mo*
Refinance Your Home
2 Beds
1 Bath
840 sqft

Home Value

Trulia Estimate
$232K
Since last month
Decreased$2K (-0.9%)
Since last year
Increased$24K (+11.8%)
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 +107% in the last 10 years
MonthEstimated value
2026
August 2026$230K
July 2026$232K
June 2026$236K
May 2026$228K
April 2026$220K
March 2026$220K
February 2026$214K
January 2026$212K
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
420 Ann St N, Elgin, IL
0.22
Single-Family Home
$271,000
09/03/25
2
1
804
115 N Porter St, Elgin, IL
0.25
Single-Family Home
$253,000
03/17/26
2
1
924
420 Ann St, Elgin, IL
0.22
Single-Family Home
$271,000
09/05/25
2
2
804
570 Addison St, Elgin, IL
0.14
Single-Family Home
$241,000
06/26/26
1
1
900
453 Addison St, Elgin, IL
0.10
Single-Family Home
$233,000
07/23/26
2
1.5
1,352
507 N Liberty St, Elgin, IL
0.36
Single-Family Home
$325,000
05/05/26
2
1
988
356 Franklin Blvd, Elgin, IL
0.28
Single-Family Home
$259,000
09/10/25
3
1
1,395
653 Eastview St, Elgin, IL
0.51
Single-Family Home
$245,000
08/26/25
2
1
832
363 Franklin Blvd, Elgin, IL
0.27
Single-Family Home
$250,000
04/10/26
3
2
770
463 North St, Elgin, IL
0.18
Single-Family Home
$255,000
05/21/26
3
1.5
1,230

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
0.03
$297,400
4
2
-
Off Market
460 Addison St, Elgin, IL 60120
0.07
$332,100
4
2
1,262
Off Market
310 Hill Ave, Elgin, IL 60120
0.07
$336,200
4
2
-
Off Market
456 Addison St, Elgin, IL 60120
0.08
$300,000
4
2
-
Recently Sold
452 Addison St, Elgin, IL 60120
0.09
$316,800
4
2
1,704
Off Market
453 Addison St, Elgin, IL 60120
0.10
$233,000
2
1.5
1,352
Recently Sold
170 N Porter St, Elgin, IL 60120
0.13
$380,200
4
3
-
Off Market
476 North St, Elgin, IL 60120
0.14
$188,100
3
1
1,743
Off Market
558 Franklin Blvd, Elgin, IL 60120
0.13
$310,900
3
2
-
Off Market
570 Addison St, Elgin, IL 60120
0.14
$241,000
1
1
900
Recently Sold
566 Park St, Elgin, IL 60120
0.15
$310,300
4
2
1,940
Off Market
Address Not Disclosed, Elgin, IL 60120
0.15
$300,000
3
2
1,344
Recently Sold

Local Information

  • Map ViewExplore the area around 488 Addison St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1924
Living Area
840 sqft
Price/Sqft
$276

About this House

This single-family home is located at 488 Addison St, Elgin, IL. 488 Addison St is in the Summit Park neighborhood in Elgin, IL and in ZIP code 60120. This property has 2 bedrooms, 1 bathroom and approximately 840 sqft of floor space. This property has a lot size of 8581 sqft and was built in 1924.
488 Addison St, Elgin, IL 60120 is a 2 bedroom, 1 bathroom, 840 sqft single-family home in Summit Park, built in 1924. It is currently off market. The Trulia Estimate is $231,900, with a rent estimate of $1,951/month.

Home Details for 488 Addison St

Interior Features

Levels, Entrance, & Accessibility
Stories: 1

Property Information

Year Built
Year Built: 1924
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 8581 sqft

Price and Tax history

YearProperty taxTax assessment
2025
$876
$194,352
Home facts updated by county records

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 488 Addison St

  • What is 488 Addison St estimated to be worth?
    Trulia's estimated value for 488 Addison St in Elgin, IL is $231,900.
  • 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.
  • What are the closest schools to 488 Addison St?
    The closest schools to 488 Addison St in Elgin, IL are Elgin High School (rated 2/10), Larsen Middle School (rated 3/10), Ronald D O'Neal Elementary School (rated 4/10).
  • How big is the lot at 488 Addison St?
    The lot at 488 Addison St in Elgin, IL is about 0.20 acres (8,581 sq ft).

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Apartments for Rent

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Off Market Homes Near 488 Addison St

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