514 Prospect St, Elgin, IL 60120
OFF MARKET

$296,400

Trulia Estimate
  • 4 Beds
  • 2 Baths
  • 1,900 sqft

514 Prospect St, Elgin, IL 60120

Northeastern Elgin
Est. Refi. Payment $2,097/mo*
Refinance Your Home
Currently Off Market - Sold Apr 27, 2009 for $70,000

Home Value

Trulia Estimate
$296K
Since last month
Increased$1K (+0.4%)
Since last year
Increased$24K (+8.7%)
Since last sale
Increased$226K (+323.4%)
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 +79% in the last 10 years
MonthEstimated value
2026
August 2026$296K
July 2026$295K
June 2026$308K
May 2026$309K
April 2026$301K
March 2026$290K
February 2026$280K
January 2026$280K
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
509 N Spring St, Elgin, IL
0.11
Single-Family Home
$365,000
07/15/26
4
2
1,908
354 Jefferson Ave, Elgin, IL
0.15
Single-Family Home
$375,000
07/13/26
4
2
1,364
426 N Grove Ave, Elgin, IL
0.38
Single-Family Home
$164,000
10/30/25
3
1.5
1,821
164 Plum St, Elgin, IL
0.17
Single-Family Home
$164,000
07/23/26
2
2
1,349
258-60 Ann St, Elgin, IL
0.24
Single-Family Home
$85,000
04/07/26
6
4
2,592
268 Seneca St, Elgin, IL
0.09
Single-Family Home
$299,000
05/18/26
3
2
1,820
409 Algona Ave, Elgin, IL
0.29
Single-Family Home
$400,000
04/10/26
4
2
1,420
417 Lovell St, Elgin, IL
0.34
Single-Family Home
$325,000
09/11/25
3
1.5
2,152
638 N Spring St, Elgin, IL
0.23
Single-Family Home
$360,000
10/15/25
3
2.5
2,041
805 Augusta Ave, Elgin, IL
0.37
Single-Family Home
$390,000
12/18/25
4
2
2,382

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
515 Prospect St, Elgin, IL 60120
0.04
$386,100
4
2
-
Off Market
464 Prospect St, Elgin, IL 60120
0.06
$248,000
2
2
1,000
Recently Sold
268 Seneca St, Elgin, IL 60120
0.09
$299,000
3
2
1,820
Recently Sold
570 Center St, Elgin, IL 60120
0.10
$305,200
3
1.5
1,197
Off Market
602 Prospect St, Elgin, IL 60120
0.10
$460,000
5
2
2,424
Recently Sold
Address Not Disclosed, Elgin, IL 60120
0.09
$229,000
3
1.5
1,500
Recently Sold
252 Jefferson Ave, Elgin, IL 60120
0.11
$307,000
4
2
-
Off Market
N, Elgin, IL 60120
0.11
$365,000
4
2
1,908
Recently Sold
351 Jefferson Ave, Elgin, IL 60120
0.12
$279,000
3
1
945
Off Market
467 N Spring St, Elgin, IL 60120
0.12
$265,700
2
1
1,140
Off Market
459 N Spring St, Elgin, IL 60120
0.13
$375,000
5
2
2,100
For Sale
200 Jefferson Ave, Elgin, IL 60120
0.14
$167,000
2
1
817
Recently Sold

Local Information

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

Home Highlights

Property Type
Single-Family Home
Year Built
1900
Living Area
1,900 sqft
Price/Sqft
$156

About this House

This single-family home is located at 514 Prospect St, Elgin, IL. 514 Prospect St is in the Northeastern Elgin neighborhood in Elgin, IL and in ZIP code 60120. This property has 4 bedrooms, 2 bathrooms and approximately 1,900 sqft of floor space. This property has a lot size of 7841 sqft and was built in 1900.
514 Prospect St, Elgin, IL 60120 is a 4 bedroom, 2 bathroom, 1,900 sqft single-family home in Northeastern Elgin, built in 1900. It last sold for $70,000 on Apr 27, 2009. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $296,400, with a rent estimate of $2,467/month.

Home Details for 514 Prospect St

Interior Features

Heating & Cooling
Heating: Forced Air, GasHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2Floors: Hardwood
Interior Details
Number of Rooms: 11Types of Rooms: Dining Room, Family Room, Laundry Room, Library, Workshop
Appliances & Utilities
DishwasherDryerMicrowaveRefrigeratorWasher

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: Vinyl

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: Single Family HomeArchitecture: Queen Anne / Victorian

Community

Units in Building: 1

Lot Information

Lot Area: 7927 sqft

Price and Tax history

DateEventPrice
Apr 27, 2009
Source: MRED as distributed by MLS GRID #07162912
Sold
$70,000
Aug 1, 2008
Source: N/A
Sold
$180,900
Jan 4, 2006
Source: N/A
Sold
$210,000
Aug 21, 2001
Source: N/A
Sold
$168,000

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

Neighborhood Overview

Northeastern Elgin
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Northeastern Elgin

At least 27 Trulia users voted on each feature.

  • 97 % Say there are sidewalks

  • 84 % Say it's dog friendly

  • 77 % Say parking is easy

  • 77 % Say yards are well-kept

  • 76 % Say streets are well-lit

  • 74 % Say kids play outside

  • 70 % Say there's holiday spirit

  • 69 % Say car is needed

  • 65 % Say it's walkable to restaurants

  • 64 % Say people would walk alone at night

  • 59 % Say it's quiet

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

  • 55 % Say it's walkable to grocery stores

  • 53 % Say there's wildlife

  • 45 % Say neighbors are friendly

  • 35 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Maya S.
    "Many families with children. Parents help Watch all kids. Right on bus line. Close to I-90. Grocery stores are nearby and lots of parks for kids to play at. "
    7
    Flag
  • Tarantula.paul
    "There are no fences allowed for big dogs and, no open off leash spaces, but there are a couple on leash parks around."
    0
    Flag
  • Gavina777
    "Very family oriented, safe, and great neighbors. Easy access to route 90. Also, not a lot of traffic or cars on the street. "
    3
    Flag
  • Stormyjl
    "The street parking from other neighbors in front of our house was terrible! Too much noise and drama "
    1
    Flag
  • scruz
    "Live here. Quiet and friendly neighbors. Very clean area."
    1
    Flag
  • historicelgin
    "Everyone loves our neighborhood! We have an organized neighborhood association and many friendly neighbors who host weekly get togethers in the summer. Many neighbors are active in the community and are long time residents. Caring neighbors, historic homes, and true friendliness make this the neighborhood many people aspire to move to. The amenities include a community built play park at McKinley School, easy access to the bike path, close to downtown with wonderful ethnic restaurants, close to The Centre (Elgin's rec center), 10 minutes from Metra trains into Chicago, 5 minutes from a library that garnered the top national library award last year. "
    0
    Flag
  • Carlos R.
    "I have visit this area and stay around, so I recommend this area because is safe, Nice people, Good for families with kids, for couples and for any retiree"
    4
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 514 Prospect St

  • What is 514 Prospect St estimated to be worth?
    Trulia's estimated value for 514 Prospect St in Elgin, IL is $296,400.
  • What is the price history for 514 Prospect St?
    514 Prospect St in Elgin, IL last sold for $70,000 in April 2009.
  • 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.
  • Does 514 Prospect St have laundry facilities?
    Yes, 514 Prospect St in Elgin, IL has in-unit laundry.
  • How big is the lot at 514 Prospect St?
    The lot at 514 Prospect St in Elgin, IL is about 0.18 acres (7,841 sq ft).

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Apartments for Rent

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Off Market Homes Near 514 Prospect St

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