488 N Commonwealth Ave, Elgin, IL 60123
OFF MARKET

488 N Commonwealth Ave
Elgin, IL 60123

Grant Park
  • 2 Beds
  • 1 Bath
  • 1,282 sqft (on 0.32 acres)

$312,600

Trulia Estimate
as of May 30, 2026
Est. Refi. Payment $1,660/mo*
Refinance Your Home

$312,600

Trulia Estimate
as of May 30, 2026
Est. Refi. Payment $1,660/mo*
Refinance Your Home
2 Beds
1 Bath
1,282 sqft
(on 0.32 acres)

Local Information

Map showing home location
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-- mins to
Commute Destination

Description

This single-family home is located at 488 N Commonwealth Ave, Elgin, IL. 488 N Commonwealth Ave is in the Grant Park neighborhood in Elgin, IL and in ZIP code 60123. This property has 2 bedrooms, 1 bathroom and approximately 1,282 sqft of floor space. This property has a lot size of 0.32 acres and was built in 1933.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
No Info

Home Details for 488 N Commonwealth Ave

Interior Features

Heating & Cooling
Heating: GasAir ConditioningCooling System: CentralHeating Fuel: Gas
Interior Details
Types of Rooms: Dining Room
Appliances & Utilities
DryerRefrigeratorWasher
Levels, Entrance, & Accessibility
Floors: Carpet, Hardwood, Linoleum Vinyl

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: Brick
Parking & Garage
GarageParking: Garage Detached

Property Information

Year Built
Year Built: 1933
Property Type / Style
Property Type: Single Family HomeArchitecture: Bungalow

Community

Units in Building: 1

Lot Information

Lot Area: 0.32 acres

Price History for 488 N Commonwealth Ave

DatePriceEventSource
05/14/2018$188,000Sold
MRED as distributed by MLS GRID #09893215
04/03/2018$189,900PendingAgent Provided
03/23/2018$189,900Listed For SaleAgent Provided
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Property Tax and Assessment

Year2024
Tax$5,856
Assessment$243,516
Home facts updated by county records

Comparable Sales for 488 N Commonwealth Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
643 Wing St, Elgin, IL
0.33
Single-Family Home
$279,000
05/12/26
3
1
1,350
431 N Crystal Ave, Elgin, IL
0.32
Single-Family Home
$242,000
02/20/26
3
1
1,399
334 N Crystal St, Elgin, IL
0.50
Single-Family Home
$190,000
12/16/25
3
1
1,202
370 N Commonwealth Ave, Elgin, IL
0.22
Single-Family Home
$332,000
08/01/25
2
1.5
1,155
1103 Lawrence Ave, Elgin, IL
0.45
Single-Family Home
$285,000
03/13/26
3
1
1,184
672 Clark St, Elgin, IL
0.31
Single-Family Home
$230,000
10/10/25
2
2
960
507 Wing Park Blvd, Elgin, IL
0.15
Single-Family Home
$404,000
06/06/25
3
1.5
2,422
518 Clark St, Elgin, IL
0.11
Single-Family Home
$340,000
12/30/25
3
2.5
1,814
425 N Alfred Ave, Elgin, IL
0.26
Single-Family Home
$395,000
05/15/26
3
2.5
1,531
209 N Melrose Ave, Elgin, IL
0.54
Single-Family Home
$269,000
06/18/25
3
1
1,230

Nearby homes

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Assigned Schools

These are the assigned schools for 488 N Commonwealth Ave.
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

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

What Locals Say about Grant Park

At least 32 Trulia users voted on each feature.

  • 94 % Say it's dog friendly

  • 85 % Say parking is easy

  • 85 % Say yards are well-kept

  • 85 % Say there are sidewalks

  • 80 % Say car is needed

  • 72 % Say there's holiday spirit

  • 69 % Say kids play outside

  • 62 % Say streets are well-lit

  • 60 % Say it's walkable to restaurants

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

  • 55 % Say neighbors are friendly

  • 54 % Say people would walk alone at night

  • 51 % Say it's quiet

  • 48 % Say it's walkable to grocery stores

  • 42 % Say there's wildlife

  • 30 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Herny R.
    "Well to begin with my neighborhood is are really noisy , you can’t walk around at night there is a lot of gangs and shooting . "
    0
    Flag
  • Lidiov1004
    "I've lived here forever and this place has awesome people so yeah I would have to say this place is pretty unique no other place quite just like it."
    2
    Flag

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Apartments for Rent

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Homes for sale near 488 N Commonwealth Ave

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Off Market Homes Near 488 N Commonwealth Ave

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Homes for rent near 488 N Commonwealth Ave

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488 N Commonwealth Ave, Elgin, IL 60123 is a 2 bedroom, 1 bathroom, 1,282 sqft single-family home built in 1933. 488 N Commonwealth Ave is located in Grant Park, Elgin. This property is not currently available for sale. 488 N Commonwealth Ave was last sold on May 14, 2018 for $188,000. The current Trulia Estimate for 488 N Commonwealth Ave is $312,600.