515 Prospect St, Elgin, IL 60120
Property image
Property image
OFF MARKET

$386,100

Trulia Estimate
  • 4 Beds
  • 2 Baths

515 Prospect St, Elgin, IL 60120

Northeastern Elgin
Est. Refi. Payment $2,708/mo*
Refinance Your Home
Currently Off Market - Sold Sep 13, 2024 for $330,000

Home Value

Trulia Estimate
$386K
Since last month
Decreased$1K (-0.3%)
Since last year
Increased$40K (+11.6%)
Since last sale
Increased$56K (+17.1%)
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 +74% in the last 10 years
MonthEstimated value
2026
August 2026$386K
August 2026$386K
July 2026$388K
June 2026$391K
May 2026$389K
April 2026$372K
March 2026$358K
February 2026$346K
January 2026$350K
2025
2024
2023
2022
2020

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
376 Jefferson Ave, Elgin, IL
0.17
Multi-Family Home
$295,000
12/22/25
3
2
-
265 Center St, Elgin, IL
0.32
Multi-Family Home
$285,000
12/04/25
4
3
-
920 Augusta Ave, Elgin, IL
0.50
Multi-Family Home
$360,000
04/28/26
4
2
-
258-260 Ann St, Elgin, IL
0.21
Multi-Family Home
$235,000
04/21/26
6
2
-
356-358 N Spring St, Elgin, IL
0.27
Multi-Family Home
$393,933
09/26/25
6
3
-
558 Franklin Blvd, Elgin, IL
0.59
Multi-Family Home
$300,000
10/15/25
3
2
-
523 N Liberty St, Elgin, IL
0.62
Multi-Family Home
$265,000
09/12/25
3
2.5
-
495-499 Franklin St, Elgin, IL
0.52
Multi-Family Home
$510,000
08/17/26
6
2
-

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
464 Prospect St, Elgin, IL 60120
0.07
$248,000
2
2
1,000
Recently Sold
351 Jefferson Ave, Elgin, IL 60120
0.10
$280,500
3
1
945
Off Market
564 Mann Pl, Elgin, IL 60120
0.11
$309,800
3
1.5
944
Off Market
268 Seneca St, Elgin, IL 60120
0.10
$299,000
3
2
1,820
Recently Sold
890-92 Jefferson Ave, Elgin, IL 60120
0.12
$479,400
4
2
-
Off Market
602 Prospect St, Elgin, IL 60120
0.11
$460,000
5
2
2,424
Recently Sold
354 Jefferson Ave, Elgin, IL 60120
0.13
$375,000
4
2
1,364
Recently Sold
Address Not Disclosed, Elgin, IL 60120
0.11
$229,000
3
1.5
1,500
Recently Sold
570 Center St, Elgin, IL 60120
0.13
$305,200
3
1.5
1,197
Off Market
252 Jefferson Ave, Elgin, IL 60120
0.13
$307,000
4
2
-
Off Market
365 Algona Ave, Elgin, IL 60120
0.16
$420,300
3
2.5
2,645
Off Market

Local Information

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

Home Highlights

Property Type
Multi-Family
Year Built
1905
Parking
Garage

About this House

Beautiful Victorian home. Currently a two flat. Just minutes to downtown Elgin with views of the park. Stunning curb appeal with a front porch. Large foyer with a beautiful wood staircase. High ceilings, arched door ways, & hardwood floors. Oversized 2 car garage. Freshly sealed driveway. Nice backyard. Both units are being rented out. The first floor unit has a long-time tenant. The property has been well maintained. Roof 2004, water heaters 2014, Furnaces 2013, 2017, washing machine 2022, gutters, fascia 2022. Apartment 2, 2022: fridge, kitchen & bath faucets, granite countertops, stove & overhead hood.
515 Prospect St, Elgin, IL 60120 is a 4 bedroom, 2 bathroom multi-family in Northeastern Elgin, built in 1905. It last sold for the $329,000 asking price on Sep 13, 2024. More recently, it was listed as a rental in August 2015 with an asking price of $925 per month. That rental listing was removed on March 24, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $386,100, with a rent estimate of $1,678/month.
Last check for updates: 40 minutes ago
Listed by Nina Konradi, (847) 997-1676
Royal Family Real Estate
Bought with: Chrystian Tapia, (847) 630-0033, My Casa Realty Corp.
Source: MRED as distributed by MLS GRID, MLS#12124427

Home Details for 515 Prospect St

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Unfinished,FullNumber of Rooms: 8
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 2Number of Bathrooms (full): 2
Heating & Cooling
Heating: Natural GasHas HeatingHeating Fuel: Natural Gas
View
No View

Exterior Features

Exterior Home Features
Roof: MetalPatio / Porch: Porch
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageNo Attached GarageParking Spaces: 2Parking: On Site,Garage Owned,Detached,Garage
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1905
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: Fiber CementNot a New ConstructionNo Additional Parcels
Property Information
Parcel Number: 0612356002

Price & Status

Price
List Price: $329,000
Status Change & Dates
Off Market Date: Tue Aug 06 2024Possession Timing: Close Of Escrow, Subject To Tenant Rights

Location

Direction & Address
City: Elgin
School Information
Elementary School: Mckinley Elementary SchoolElementary School District: 46Jr High / Middle School: Larsen Middle SchoolJr High / Middle School District: 46High School: Elgin High SchoolHigh School District: 46

Community

Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Lot Information

Lot Area: 8712 sqft

Listing Info

Special Conditions: None

Offer

Listing Terms: Conventional

Business

Business Information
Ownership: Fee Simple

Miscellaneous

BasementMls Number: 12124427

Additional Information

CurbsSidewalksStreet LightsStreet PavedSource Internet Entire Listing DisplayMRD REMARKSINTERNET: YesSource Internet Address Display

Price and Tax history

DateEventPrice
Sep 13, 2024
Source: MRED as distributed by MLS GRID #12124427
Sold
$330,000
Aug 8, 2024
Source: MRED as distributed by MLS GRID #12124427
Contingent
$329,000
Aug 1, 2024
Source: MRED as distributed by MLS GRID #12124427
Listed For Sale
$329,000
May 27, 2022
Source: MRED as distributed by MLS GRID #11335750
Sold
$219,000
May 13, 2022
Source: MRED as distributed by MLS GRID #11335750
Contingent
$219,000

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

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

Frequently asked questions about 515 Prospect St

  • What is 515 Prospect St estimated to be worth?
    Trulia's estimated value for 515 Prospect St in Elgin, IL is $386,100.
  • What is the price history for 515 Prospect St?
    515 Prospect St in Elgin, IL last sold for $330,000 in September 2024.
  • 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.

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Apartments for Rent

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Off Market Homes Near 515 Prospect St

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