515 S Commonwealth Ave, Elgin, IL 60123
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Property image
OFF MARKET

515 S Commonwealth Ave
Elgin, IL 60123

Southwest Elgin
  • 2 Beds
  • 1 Bath
  • 744 sqft

$273,000

Trulia Estimate
as of Jul 18, 2026
Est. Refi. Payment $1,942/mo*
Refinance Your Home

$273,000

Trulia Estimate
as of Jul 18, 2026
Est. Refi. Payment $1,942/mo*
Refinance Your Home
2 Beds
1 Bath
744 sqft

Local Information

  • Map ViewExplore the area around 515 S Commonwealth Ave.
  • Schools2 Preschool Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

CHARMING RANCH HOME IN GREAT NEIGHBORHOOD!! 2 BR, 1 BATH home has so much to offer! The kitchen has been updated with newly refinished cabinets, new countertops, and stainless steel appliances. New Vinyl plank flooring throughout the home. Freshly painted throughout! Updated bathroom! Full basement is waiting for your creative ideas! Nothing to do here but move right in! Great location in a mature neighborhood! Hurry and schedule your showing today! Don't forget to check out the 3D tour of this amazing home!
515 S Commonwealth Ave, Elgin, IL 60123 is a 2 bedroom, 1 bathroom, 744 sqft single-family home in Southwest Elgin, built in 1951. It last sold for $230,000 on Dec 18, 2023 (2% below the $235,000 asking price). It is currently off market. The Trulia Estimate is $273,000, with a rent estimate of $1,722/month.

Home Highlights

Parking
1 Car Garage
Outdoor
Patio
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 515 S Commonwealth Ave

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Unfinished,FullNumber of Rooms: 4Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Family Room, Kitchen, Laundry, Living Room
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 744 Square Feet
Appliances & Utilities
Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Gas Water HeaterDishwasherDryerMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Natural Gas,Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Natural Gas
Levels, Entrance, & Accessibility
Stories: 1Accessibility: No Disability Access
View
No View
Security
Security: Carbon Monoxide Detector(s)

Exterior Features

Exterior Home Features
Roof: AsphaltPatio / Porch: PatioFoundation: Concrete Perimeter
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1Has a GarageHas an Attached GarageHas Open ParkingParking Spaces: 1Parking: Concrete,Garage Door Opener,On Site,Garage Owned,Attached,Garage
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1951
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: Vinyl SidingNot a New Construction
Property Information
Parcel Number: 0623154003

Price & Status

Price
List Price: $235,000
Status Change & Dates
Off Market Date: Sat Nov 11 2023Possession Timing: Close Of Escrow

Location

Direction & Address
City: Elgin
School Information
Elementary School: Harriet Gifford Elementary SchooElementary 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: THE ESTHER ZAMUDIO TEAM

Community

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

HOA

HOA Fee Includes: None

Lot Information

Lot Area: 7840.8 sqft

Listing Info

Special Conditions: None

Offer

Listing Terms: Conventional

Business

Business Information
Ownership: Fee Simple

Miscellaneous

BasementMls Number: 11910550

Additional Information

CurbsSidewalksStreet LightsStreet PavedSource Internet Automated Valuation DisplaySource Internet Consumer CommentSource Internet Entire Listing DisplayMRD REMARKSINTERNET: YesSource Internet Address Display
Last check for updates: about 2 hours ago
Listed by Matthew Lysien, (847) 309-6939
Suburban Life Realty, Ltd
Bought with: Esther Zamudio, GRI,SRES, (847) 508-7500, Zamudio Realty Group
Source: MRED as distributed by MLS GRID, MLS#11910550

Price History for 515 S Commonwealth Ave

DatePriceEventSource
12/18/2023$230,000Sold
MRED as distributed by MLS GRID #11910550
11/13/2023$235,000ContingentMRED as distributed by MLS GRID #11910550
11/08/2023$235,000PriceChange
MRED as distributed by MLS GRID #11910550
10/20/2023$250,000Listed For SaleMRED as distributed by MLS GRID #11910550
10/05/1998$107,000Sold
N/A

Market trends in Elgin

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

Year2024
Tax$4,710
Assessment$176,568
Home facts updated by county records

Comparable Sales for 515 S Commonwealth Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
800 Morgan St, Elgin, IL
0.15
Single-Family Home
$275,000
03/27/26
2
1
1,128
756 Walnut Ave, Elgin, IL
0.41
Single-Family Home
$245,000
04/02/26
2
1
1,400
231 S Aldine St, Elgin, IL
0.43
Single-Family Home
$259,900
01/01/26
2
1
1,079
987 South St, Elgin, IL
0.24
Single-Family Home
$215,000
05/22/26
2
2
1,000
552 Orange St, Elgin, IL
0.48
Single-Family Home
$215,000
08/29/25
2
1
1,131
475 S Edison Ave, Elgin, IL
0.08
Single-Family Home
$285,000
09/04/25
3
2
1,154
490 S Alfred Ave, Elgin, IL
0.25
Single-Family Home
$280,000
02/26/26
3
1
1,320
229 S Edison Ave, Elgin, IL
0.36
Single-Family Home
$182,900
01/30/26
1
1
618

Nearby homes

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Assigned Schools

These are the assigned schools for 515 S Commonwealth Ave.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

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

What Locals Say about Southwest Elgin

  • Juana Valencia
    "It could be better, I see a lot of ice around, scary and makes us feel uncomfortable more restaurants and lounges needed"
    0
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  • Jokie.deguzman1251999
    "i usually walk to nearby stores,restaurants, and gas stations. otherwise i drive my car or take a uber for far locations"
    0
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  • 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"
    3
    Flag
  • 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"
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  • 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."
    0
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  • 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 . "
    0
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  • Grant S.
    "quieter neighborhood.... quiet neighbors... lots of wildlife and birds. trains are a little bothersome"
    1
    Flag
  • 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."
    1
    Flag

LGBTQ Local Legal Protections

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Homes for sale near 515 S Commonwealth Ave

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Off Market Homes Near 515 S Commonwealth Ave

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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