500 N Commonwealth Ave, Elgin, IL 60123
Property image
Property image
OFF MARKET

500 N Commonwealth Ave
Elgin, IL 60123

Grant Park
  • 4 Beds
  • 2 Baths
  • 1,450 sqft (on 0.25 acres)

$338,200

Trulia Estimate
as of Jul 12, 2026
Est. Refi. Payment $2,389/mo*
Refinance Your Home

$338,200

Trulia Estimate
as of Jul 12, 2026
Est. Refi. Payment $2,389/mo*
Refinance Your Home
4 Beds
2 Baths
1,450 sqft
(on 0.25 acres)

Local Information

  • Map ViewExplore the area around 500 N Commonwealth Ave.
  • Schools2 Preschool Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Spacious, bright, 4 bed/2 ba ranch home in premium location across from Wing Park Golf Course! Recently updated kitchen with custom tile floor and granite counters. Refinished hardwood throughout main living area and 3 bedrooms. Huge finished lower level ideally set up as an in-law or teenager suite complete with family room, separate kitchen, generous bedroom with wic and full bath. Fenced in private yard w/shed.
500 N Commonwealth Ave, Elgin, IL 60123 is a 4 bedroom, 2 bathroom, 1,450 sqft single-family home in Grant Park, built in 1952. It last sold for $169,000 on Jul 30, 2015. It is currently off market. The Trulia Estimate is $338,200, with a rent estimate of $2,793/month.

Home Highlights

Parking
Garage
Outdoor
Patio
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 500 N Commonwealth Ave

Interior Features

Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Interior Details
Types of Rooms: Walk In Closet, Breakfast Nook, Dining Room, Family Room, Master Bath, Mud Room, Office, Pantry, Workshop, Solarium Atrium, Sun RoomCeiling Fan
Appliances & Utilities
DishwasherMicrowaveRefrigerator
Levels, Entrance, & Accessibility
Floors: Tile, Carpet, Hardwood

Exterior Features

Exterior Home Features
Roof: AsphaltPatio
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1952
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 10772 sqft

Additional Information

On Site Laundry Available

Price History for 500 N Commonwealth Ave

DatePriceEventSource
07/30/2015$169,000Sold
MRED as distributed by MLS GRID #08953720
06/20/2015$169,000PendingAgent Provided
06/15/2015$169,000Listed For SaleAgent Provided
05/21/2008$135,000Sold
MRED as distributed by MLS GRID #06788193
10/23/1998$127,000Sold
N/A

Market trends in Elgin

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$323K
$10.67KMoM
Sale-to-List Price
100.0%
0.4%MoM
Price per sq ft
$209
$3MoM
Available listings
263
29MoM
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Property Tax and Assessment

Year2024
Tax$4,864
Assessment$206,340
Home facts updated by county records

Comparable Sales for 500 N Commonwealth Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
510 McClure Ave, Elgin, IL
0.18
Single-Family Home
$205,000
10/31/25
4
1.5
1,357
1015 Lawrence Ave, Elgin, IL
0.43
Single-Family Home
$215,000
12/01/25
4
2
1,300
871 High St, Elgin, IL
0.31
Single-Family Home
$339,900
09/08/25
4
2
1,464
518 Clark St, Elgin, IL
0.10
Single-Family Home
$340,000
12/30/25
3
2.5
1,814
431 N Melrose Ave, Elgin, IL
0.36
Single-Family Home
$382,500
01/16/26
3
2
1,514
370 N Commonwealth Ave, Elgin, IL
0.24
Single-Family Home
$332,000
08/01/25
2
1.5
1,155
431 N Crystal Ave, Elgin, IL
0.33
Single-Family Home
$242,000
02/20/26
3
1
1,399
425 N Alfred Ave, Elgin, IL
0.27
Single-Family Home
$395,000
05/15/26
3
2.5
1,531
316 N Worth Ave, Elgin, IL
0.37
Single-Family Home
$280,000
08/27/25
3
1.5
2,514
328 Silver St, Elgin, IL
0.45
Single-Family Home
$300,000
08/21/25
3
1.5
1,170

Nearby homes

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Assigned Schools

These are the assigned schools for 500 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

  • 47 % 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

LGBTQ Local Legal Protections

Apartments for Rent

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Explore by feature - Pet Friendly

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Homes for sale near 500 N Commonwealth Ave

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Off Market Homes Near 500 N Commonwealth Ave

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