502 Locust St
Elgin, IL 60123
Near West Elgin- 2 Beds
- 1 Bath
- 1,340 sqft
2 Beds
1 Bath
1,340 sqft
Home Value
Trulia Estimate
$235KSince last month
Decreased$14K (-6.1%)Since last year
Decreased$7K (-3.2%)Since last sale
Increased$191K (+682.9%)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 +71% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $219K |
| July 2026 | $234K |
| June 2026 | $234K |
| May 2026 | $232K |
| April 2026 | $225K |
| March 2026 | $221K |
| February 2026 | $219K |
| January 2026 | $220K |
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 |
|---|---|---|---|---|---|---|---|
0.18 | Single-Family Home | $110,000 | 05/15/26 | 4 | 1 | 1,406 | |
0.29 | Single-Family Home | $145,000 | 03/03/26 | 3 | 1 | 1,671 | |
0.03 | Single-Family Home | $242,000 | 06/22/26 | 3 | 2 | 1,757 | |
0.26 | Single-Family Home | $215,000 | 04/06/26 | 3 | 1 | 1,600 | |
0.41 | Single-Family Home | $245,000 | 04/02/26 | 2 | 1 | 1,400 | |
0.02 | Single-Family Home | $200,000 | 08/17/26 | 3 | 1.5 | 1,640 | |
0.16 | Single-Family Home | $245,000 | 11/14/25 | 2 | 2 | 1,500 | |
0.25 | Single-Family Home | $250,000 | 05/05/26 | 3 | 1 | 1,200 | |
0.25 | Single-Family Home | $205,000 | 01/09/26 | 2 | 1 | 904 | |
0.51 | Single-Family Home | $215,000 | 08/29/25 | 2 | 1 | 1,131 |
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 |
|---|---|---|---|---|---|---|
0.02 | $200,000 | 3 | 1.5 | 1,640 | Recently Sold | |
0.05 | $386,200 | 4 | 2 | 1,830 | Off Market | |
0.09 | $330,100 | 3 | 2 | 1,552 | Off Market | |
0.11 | $261,200 | 3 | 1 | 990 | Off Market | |
0.12 | $455,000 | 5 | 3 | - | Recently Sold | |
0.08 | $306,200 | 3 | 1 | 1,666 | Off Market | |
0.10 | $409,700 | 3 | 3 | - | Off Market | |
0.13 | $660,000 | 8 | 4 | - | Recently Sold | |
0.14 | $311,700 | 4 | 2 | 1,371 | Off Market | |
0.10 | $284,300 | 3 | 2 | 844 | Off Market | |
0.11 | $356,500 | 3 | 2 | 1,350 | Off Market | |
0.14 | $271,500 | 3 | 2 | 1,700 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1910
Living Area
1,340 sqft
Price/Sqft
$175
About this House
Bank Owned unit being sold As-Is buyer responsible for any & all repairs if necessary-price reflects as-is condition/no survey provided-Affordable 2 bdrm 1bth-Property is priced to sell. Any questions on this unit simply email listing broker...Unit is VACANT SHOW ANYTIME-Click on showing link below to shedule your appointment-All riders follow after accepted offer
502 Locust St, Elgin, IL 60123 is a 2 bedroom, 1 bathroom, 1,340 sqft single-family home in Near West Elgin, built in 1910. It last sold for $28,000 on Nov 10, 2010. It is currently off market. The Trulia Estimate is $234,800, with a rent estimate of $1,631/month.
Home Details for 502 Locust St
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Interior Details Basement |
Levels, Entrance, & Accessibility Stories: 3 |
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Year Built Year Built: 1910 |
Property Type / Style Property Type: Single Family Home |
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Units in Building: 1 |
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Lot Area: 9539 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Nov 10, 2010 Source: MRED as distributed by MLS GRID #07572768 | Sold | $28,000 |
Sep 24, 2010 Source: Agent Provided | PriceChange | $41,500 Price decreased by 8% |
Sep 12, 2010 Source: Agent Provided | PriceChange | $44,900 Price decreased by 9% |
Jul 8, 2010 Source: Agent Provided | PriceChange | $49,500 Price decreased by 6% |
May 30, 2010 Source: Agent Provided | PriceChange | $52,500 Price decreased by 5% |
Mar 14, 2010 Source: Agent Provided | Listed For Sale | $55,000 |
Dec 20, 2009 Source: Agent Provided | ListingRemoved | $87,500 |
Oct 31, 2009 Source: Agent Provided | PriceChange | $87,500 Price decreased by 9% |
May 2, 2009 Source: Agent Provided | PriceChange | $95,990 Price decreased by 4% |
Apr 4, 2009 Source: Agent Provided | PriceChange | $99,990 Price decreased by 10% |
Mar 29, 2009 Source: Agent Provided | PriceChange | $110,990 Price decreased by 8% |
Mar 7, 2009 Source: Agent Provided | PriceChange | $119,990 Price decreased by 8% |
Feb 27, 2009 Source: Agent Provided | PriceChange | $130,900 Price decreased by 8% |
Feb 15, 2009 Source: Agent Provided | PriceChange | $141,900 Price decreased by 7% |
Feb 5, 2009 Source: Agent Provided | PriceChange | $151,900 Price decreased by 2% |
Jan 29, 2009 Source: Agent Provided | PriceChange | $155,000 Price decreased by 11% |
Oct 6, 2008 Source: Agent Provided | Listed For Sale | $175,000 |
Mar 14, 2005 Source: N/A | Sold | $140,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $5,435 | $213,741 |
Home facts updated by county records
Market trends in Elgin
Last updated July 2026
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
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 502 Locust St
- What is 502 Locust St estimated to be worth?Trulia's estimated value for 502 Locust St in Elgin, IL is $234,800.
- What is the price history for 502 Locust St?502 Locust St in Elgin, IL last sold for $28,000 in November 2010.
- 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.
- How big is the lot at 502 Locust St?The lot at 502 Locust St in Elgin, IL is about 0.22 acres (9,500 sq ft).