515 Prospect St #2, Elgin, IL 60120
Property image
Property image
OFF MARKET
  • 2 Beds
  • 1 Bath
  • 1,200 sqft

515 Prospect St #2, Elgin, IL 60120

Northeastern Elgin

Home Highlights

Apartment
1,200 sqft

Local Information

  • Map ViewExplore the area around 515 Prospect St #2.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Discover the perfect place to call home in this well-maintained 1,200 sq. ft. 2-bedroom, 1-bathroom rental unit. Featuring beautiful hardwood floors throughout, this spacious unit offers a warm and inviting atmosphere. The kitchen boasts updated appliances, providing modern convenience for all your cooking needs.

Both bedrooms are generously sized with ample closet space, while the bright and airy living area is perfect for relaxing or entertaining. Near downtown Elgin.

**PLEASE EMAIL or TEXT ME BEFORE SUBMITTING APPLICATION**

Will send out link to a prescreen questionnaire. This form collects basic information about you and your move-in needs. There's no fees for this form. The purpose of this form is to determine whether you will get approved or not - So please fill out the form truthfully. This will save time and application fees for you if we can tell you upfront whether you will get approved or not. A thorough background check will be performed once the actual application and fees are submitted. All info submitted here will be confidential.

Water is included in Rent. Gas and Electric will be Tenants Responsibility.
515 Prospect St #2, Elgin, IL 60120 is a 2 bedroom, 1 bathroom, 1,200 sqft apartment in Northeastern Elgin. More recently, it was listed as a rental in February 2025 with an asking price of $1,450 per month. That rental listing was removed on February 17, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $1,616/month.

Home Details for 515 Prospect St #2

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: Window UnitHeating Fuel: Forced Air
Appliances & Utilities
DryerRefrigeratorWasher
Levels, Entrance, & Accessibility
Floors: Hardwood

Property Information

Property Type / Style
Property Type: Apartment

Rental Terms, Policies & Fees

Lease Term: 1 YearAvailable: now

Exterior Features

Parking & Garage
Parking: Detached Off Street, On Site

Comparable Sales for 515 Prospect St #2

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
224 Jefferson Ave, Elgin, IL
0.15
Apartment
$1,615,000
05/28/26
12
10,500 sqft
1840 W Highland Ave #E105, Elgin, IL
2.32
Apartment
$167,000
07/01/26
1
1
915 sqft
1063 Manchester Ct, South Elgin, IL
3.74
Apartment
$185,000
01/06/26
2
1
1,110 sqft
5011 Valley Ln #201, Streamwood, IL
5.89
Apartment
$150,000
01/15/26
2
2
1,000 sqft
815 Silverstone Dr, Carpentersville, IL
6.65
Apartment
$235,000
09/09/25
2
2
1,150 sqft
1009 Silverstone Dr, Carpentersville, IL
6.67
Apartment
$251,000
04/23/26
2
2
1,049 sqft
Home facts updated by county records

Nearby homes

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Rental Market Trends in Northeastern Elgin

Last updated Sep 2026
Trulia Rent Estimate$1,616/mo
Average rent
$1.7K
Available listings
5
View rental market trends in Elgin, IL

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

Price and Tax history

DateEventPrice
Feb 17, 2025
Source: Zillow Rentals
ListingRemoved
$1,450
Feb 13, 2025
Source: Zillow Rentals
Listed For Rent
$1,450

Frequently asked questions about 515 Prospect St #2

  • 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.
  • What do residents say about the Northeastern Elgin neighborhood?
    Residents describe the Northeastern Elgin neighborhood in Elgin, IL as pedestrian-friendly, dog-friendly, and easy to park in. See recently sold homes in Northeastern Elgin, Elgin.
  • What are the closest schools to 515 Prospect St #2?
    The closest schools to 515 Prospect St #2 in Elgin, IL are Elgin High School (rated 2/10), Larsen Middle School (rated 3/10), Mckinley Elementary School (rated 3/10).
  • Does 515 Prospect St #2 have air conditioning?
    Yes, 515 Prospect St #2 in Elgin, IL has air conditioning.
  • Does 515 Prospect St #2 have laundry facilities?
    Yes, 515 Prospect St #2 in Elgin, IL has in-unit laundry.

Homes for rent near 515 Prospect St #2

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Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
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