514 Morgan St, Elgin, IL 60123
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Property image
OFF MARKET

514 Morgan St
Elgin, IL 60123

Southwest Elgin
  • 2 Beds
  • 2.5 Baths
  • 1,010 sqft

$246,400

Trulia Estimate
as of Aug 1, 2026
Est. Refi. Payment $1,783/mo*

$246,400

Trulia Estimate
as of Aug 1, 2026
Est. Refi. Payment $1,783/mo*
2 Beds
2.5 Baths
1,010 sqft

Local Information

  • Map ViewExplore the area around 514 Morgan St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1930
Living Area
1,010 sqft
Price/Sqft
$244
Parking
Garage
HOA
None

About this House

Great opportunity to own in Elgin. Main level bedroom with full bath, 2nd floor bedroom with 1/2 bath plus finished basement with full bath. Home needs TLC. Hardwood floors in family room, kitchen updated in 2015, 3 season room leads to backyard and 1 car garage. Cash offers with closing on or before Nov 14 preferred. Unlikely to pass FHA/VA.
514 Morgan St, Elgin, IL 60123 is a 2 bedroom, 3 bathroom, 1,010 sqft single-family home in Southwest Elgin, built in 1930. It last sold for the $189,000 asking price on Dec 16, 2024. More recently, it was listed as a rental in July 2025 with an asking price of $2,250 per month. That rental listing was removed on August 1, 2025. It is currently off market. The Trulia Estimate is $246,400, with a rent estimate of $2,117/month.

Home Details for 514 Morgan St

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Finished,FullNumber of Rooms: 6Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bonus Room, Dining Room, Family Room, Kitchen, Laundry, Living Room, Recreation Room, Sun Room
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 1010 Square Feet
Appliances & Utilities
Appliances: Range, Microwave, Refrigerator, Washer, DryerDryerMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Natural Gas,Forced AirHas CoolingAir Conditioning: Wall Unit(s)Has HeatingHeating Fuel: Natural Gas
Fireplace & Spa
No Spa
Gas & Electric
Electric: Circuit Breakers
Windows, Doors, Floors & Walls
Flooring: Hardwood
Levels, Entrance, & Accessibility
Stories: 1Accessibility: No Disability AccessFloors: Hardwood
View
No View
Security
Security: Carbon Monoxide Detector(s)

Exterior Features

Exterior Home Features
Roof: AsphaltPatio / Porch: PorchFoundation: Concrete Perimeter
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1Has a GarageNo Attached GarageParking Spaces: 1Parking: Concrete,On Site,Garage Owned,Detached,Garage
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1930
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Cape Cod
Building
Construction Materials: BrickNot a New Construction
Property Information
Parcel Number: 0623255009

Price & Status

Price
List Price: $189,000
Status Change & Dates
Off Market Date: Mon Nov 11 2024Possession Timing: Close Of Escrow, Negotiable

Location

Direction & Address
City: Elgin
School Information
Elementary School: Lowrie Elementary SchoolElementary School District: 46Jr High / Middle School: Abbott Middle SchoolJr High / Middle School District: 46High School: Larkin High SchoolHigh School District: 46

Agent Information

Buyer Agent
Buyer Company Name: CenterLine Property Group

HOA

HOA Fee Includes: None

Lot Information

Lot Area: 8712 sqft

Listing Info

Special Conditions: None

Offer

Listing Terms: Conventional

Business

Business Information
Ownership: Fee Simple

Miscellaneous

BasementMls Number: 12178212Activation Date: Mon Oct 07 2024Back On Market Date: Mon Nov 11 2024

Additional Information

MRD SHARE WITH CLIENTS: YesSource Internet Entire Listing DisplaySource Internet Address DisplayMRD REMARKSINTERNET: Yes
Last check for updates: about 6 hours ago
Listed by Steve Roake, ABR, (815) 603-0077
Keller Williams Infinity
Bought with: Scott Cimino, (312) 804-3207, @properties Christie's International Real Estate
Source: MRED as distributed by MLS GRID, MLS#12178212

Price History for 514 Morgan St

DatePriceEventSource
08/01/2025$2,250ListingRemovedZillow Rentals
07/27/2025$2,250Listed For RentZillow Rentals
12/16/2024$189,000Sold
MRED as distributed by MLS GRID #12178212
10/22/2024$189,000ListingRemovedMRED as distributed by MLS GRID #12178212
10/16/2024$189,000PriceChange
MRED as distributed by MLS GRID #12178212
10/07/2024$195,000Listed For SaleMRED as distributed by MLS GRID #12178212
07/09/2015$130,000Sold
N/A
05/04/2015$130,000PendingAgent Provided
04/28/2015$130,000Listed For SaleAgent Provided

Market trends in Elgin

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

Year2024
Tax$4,785
Assessment$203,373
Home facts updated by county records

Comparable Sales for 514 Morgan St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.08
Single-Family Home
$215,000
08/29/25
2
1
1,131
0.15
Single-Family Home
$259,700
12/22/25
3
2
1,554
0.20
Single-Family Home
$290,000
09/26/25
3
2
840
0.21
Single-Family Home
$222,000
09/09/25
2
1
775
0.04
Single-Family Home
$324,900
04/30/26
3
2
2,340
0.10
Single-Family Home
$277,000
07/14/26
3
1
1,100
0.23
Single-Family Home
$250,000
08/14/25
3
2
1,525
0.09
Single-Family Home
$260,000
01/15/26
3
1
2,004

Nearby homes

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Assigned Schools

These are the assigned schools for 514 Morgan St.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Southwest Elgin

  • 86nasus
    "Looks like they did a really quick remodel with cut corners. Honestly, this house would have more charm if they would’ve left it how it was you can see bad angles, more pronounced now where they painted white to look more modern. Floors are crooked and leaning, and that would’ve been OK with original flooring."
  • Juana Valencia
    "It could be better, I see a lot of ice around, scary and makes us feel uncomfortable more restaurants and lounges needed"
  • Jokie.deguzman1251999
    "i usually walk to nearby stores,restaurants, and gas stations. otherwise i drive my car or take a uber for far locations"
  • Juanfyb 2.
    "They would like that it is a quiet neighborhood there’s not a lot of noise around and it’s a good place to walk around and clear your head"
  • Grant S.
    "we are off the beaten path as far as traffic is concerned... there is a very low crime rate in our neighborhood. we have two parks relatively close. there is a grade school within a quarter mile. lots of kids in the neighborhood. even though it appears to be primarily Hispanic there are few rentals and fairly descent upkeep of the houses and landscape. it's one of the quieter neighborhoods I've been in in my 25 years here in elgin"
  • Grant S.
    "close to downtown but off the beaten path. except for trains a very quiet area. traffic tends to be too much at rush hours."
  • Amysmooch
    "I have lived here for 11yrs and I love the way everyone is friendly. And neighbors still watch all the neighborhood kids to keep them safe . "
  • Grant S.
    "quieter neighborhood.... quiet neighbors... lots of wildlife and birds. trains are a little bothersome"
  • Grant S.
    "one of the quiter neigjborhoods I've lived in in elgin over 30 yrs and 8 different locations. i think the diversity of our neighborhood ethically is well balanced and adds to the feeling."

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Homes for sale near 514 Morgan St

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Off Market Homes Near 514 Morgan St

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Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for more information