516 S Edison Ave, Elgin, IL 60123
OFF MARKET

516 S Edison Ave
Elgin, IL 60123

Southwest Elgin
  • 2 Beds
  • 2 Baths
  • 1,136 sqft

$258,400

Trulia Estimate
as of Jul 15, 2026
Est. Refi. Payment $1,842/mo*
Refinance Your Home

$258,400

Trulia Estimate
as of Jul 15, 2026
Est. Refi. Payment $1,842/mo*
Refinance Your Home
2 Beds
2 Baths
1,136 sqft

Local Information

  • Map ViewExplore the area around 516 S Edison Ave.
  • Schools2 Preschool Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

This single-family home is located at 516 S Edison Ave, Elgin, IL. 516 S Edison Ave is in the Southwest Elgin neighborhood in Elgin, IL and in ZIP code 60123. This property has 2 bedrooms, 2 bathrooms and approximately 1,136 sqft of floor space. This property has a lot size of 5850 sqft and was built in 1948.
516 S Edison Ave, Elgin, IL 60123 is a 2 bedroom, 2 bathroom, 1,136 sqft single-family home in Southwest Elgin, built in 1948. It last sold for $100,000 on Aug 31, 1995. It is currently off market. The Trulia Estimate is $258,400, with a rent estimate of $2,084/month.

Home Highlights

Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 516 S Edison Ave

Interior Features

Levels, Entrance, & Accessibility
Stories: 2.5

Property Information

Year Built
Year Built: 1948
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 5850 sqft

Price History for 516 S Edison Ave

DatePriceEventSource
08/31/1995$100,000Sold
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
Skip to last item
  • Results are loading
Skip to first item

Property Tax and Assessment

Year2024
Tax$5,196
Assessment$218,769
Home facts updated by county records

Comparable Sales for 516 S Edison Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
475 S Edison Ave, Elgin, IL
0.05
Single-Family Home
$285,000
09/04/25
3
2
1,154
506 S Edison Ave, Elgin, IL
0.02
Single-Family Home
$300,000
07/16/25
3
2
1,256
503 S Edison Ave, Elgin, IL
0.05
Single-Family Home
$319,000
08/06/25
3
2
1,485
311 S Clifton Ave, Elgin, IL
0.32
Single-Family Home
$175,000
07/28/25
2
2
837
987 South St, Elgin, IL
0.20
Single-Family Home
$215,000
05/22/26
2
2
1,000
375 S Edison Ave, Elgin, IL
0.17
Single-Family Home
$300,000
06/18/26
3
2
1,125
1074 Birchdale Dr, Elgin, IL
0.06
Single-Family Home
$275,000
08/29/25
3
2
1,877
371 S Edison Ave, Elgin, IL
0.18
Single-Family Home
$290,000
02/13/26
4
2
1,596
400 Marguerite St, Elgin, IL
0.19
Single-Family Home
$341,000
04/07/26
4
2
1,401
800 Morgan St, Elgin, IL
0.25
Single-Family Home
$275,000
03/27/26
2
1
1,128

Nearby homes

Get a sense of prices in the area by checking nearby homes.
Skip to last item
Skip to first item

Assigned Schools

These are the assigned schools for 516 S Edison 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
    Flag
  • 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
    Flag
  • 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"
    0
    Flag
  • 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
    Flag
  • 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
    Flag
  • 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

Apartments for Rent

Skip to last item
Skip to first item

Explore by feature - Pet Friendly

26 pet-friendly rentals in Elgin, IL

Explore by feature - Garage

35 rentals with a garage in Elgin, IL

Explore by feature - Air Conditioning

54 rentals with air conditioning in Elgin, IL

Explore by feature - Pool

17 rentals with a pool in Elgin, IL

Explore by feature - Washer/dryer

48 rentals with a washer/dryer in Elgin, IL

Explore by feature - Outdoor Space

8 rentals with an outdoor space in Elgin, IL

Homes for sale near 516 S Edison Ave

Skip to last item
Skip to first item

Off Market Homes Near 516 S Edison Ave

Skip to last item
Skip to first item