$288,100
- 3 Beds
- 1,120 sqft
54 S Melrose Ave, Elgin, IL 60123
Est. Refi. Payment $2,203/mo*
Refinance Your HomeCurrently Off Market - Sold Mar 6, 2015 for $132,000
Home Value
Trulia Estimate
$288KSince last month
Decreased$2K (-0.7%)Since last year
Increased$19K (+6.9%)Since last sale
Increased$156K (+118.3%)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 +109% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| October 2026 | $288K |
| September 2026 | $286K |
| August 2026 | $290K |
| July 2026 | $295K |
| June 2026 | $292K |
| May 2026 | $289K |
| April 2026 | $282K |
| March 2026 | $278K |
| February 2026 | $277K |
| January 2026 | $266K |
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 |
|---|---|---|---|---|---|---|---|
0.19 | Single-Family Home | $180,000 | 08/27/26 | 2 | 1.5 | 1,011 | |
0.14 | Single-Family Home | $320,000 | 10/24/25 | 3 | 2.5 | 1,510 | |
0.24 | Single-Family Home | $326,500 | 05/06/26 | 3 | 2 | 1,040 | |
0.18 | Single-Family Home | $305,000 | 11/10/25 | 3 | 2 | 1,602 | |
0.10 | Single-Family Home | $325,000 | 10/10/25 | 3 | 2 | 1,911 | |
0.09 | Single-Family Home | $225,000 | 07/30/26 | 2 | 1 | 864 | |
0.29 | Single-Family Home | $300,000 | 03/10/26 | 3 | 2 | 1,047 | |
0.31 | Single-Family Home | $205,000 | 08/28/26 | 3 | 2 | 1,170 | |
0.28 | Single-Family Home | $231,000 | 12/19/25 | 3 | 1 | 896 | |
0.34 | Single-Family Home | $165,000 | 01/13/26 | 2 | 2 | 960 |
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 |
|---|---|---|---|---|---|---|
0.01 | $309,000 | 4 | 1.5 | 1,656 | Off Market | |
0.01 | $223,700 | 2 | 2 | 836 | Off Market | |
0.02 | $264,900 | 2 | 1 | 1,224 | Off Market | |
0.03 | $263,900 | 2 | 2 | 1,080 | Off Market | |
0.03 | $218,200 | 2 | 1 | 737 | Off Market | |
0.03 | $297,300 | 3 | 1.5 | 1,664 | Off Market | |
0.03 | $347,300 | 4 | 2.5 | 2,500 | Off Market | |
0.03 | $327,500 | 3 | 2 | 1,248 | Off Market | |
0.03 | $243,600 | 2 | 1 | 750 | Off Market | |
0.04 | $214,700 | 1 | 1 | 1,087 | Off Market | |
0.04 | $280,900 | 4 | 1 | 1,407 | Off Market | |
0.04 | $199,900 | 1 | 1 | 576 | Off Market | |
0.04 | $309,000 | 3 | 3 | 1,563 | Off Market | |
0.04 | $346,700 | 4 | 3 | 1,798 | Off Market | |
0.04 | $247,400 | 2 | 1 | 1,387 | Off Market | |
0.04 | $332,800 | 3 | 2 | 1,800 | Off Market | |
0.04 | $393,900 | 4 | 3 | 1,846 | Off Market | |
0.05 | $210,500 | 1 | 1 | 664 | Off Market | |
0.05 | $239,100 | 2 | 1 | 1,040 | Off Market | |
0.05 | $222,700 | 2 | 1 | 842 | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1954
1,120 sqft
$257/sqft
About this House
NEW TO OUR INVENTORY. CHECK BACK REGULARLY FOR MORE INFORMATION AS IT BECOMES AVAILABLE!
54 S Melrose Ave, Elgin, IL 60123 is a 3 bedroom, 1,120 sqft single-family home built in 1954. It last sold for $132,000 on Mar 6, 2015. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $288,100, with a rent estimate of $2,405/month.
Home Details for 54 S Melrose Ave
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Levels, Entrance, & Accessibility Stories: 1 |
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Year Built Year Built: 1954 |
Property Type / Style Property Type: Single Family Home |
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Units in Building: 1 |
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Lot Area: 6621 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Mar 8, 2015 Source: Agent Provided | ListingRemoved | $0 |
Mar 6, 2015 Source: MRED as distributed by MLS GRID #08801559 | Sold | $132,000 |
Oct 30, 2014 Source: N/A | Sold | $23,250 |
Oct 14, 2014 Source: Agent Provided | Pending | $0 |
Oct 14, 2014 Source: Agent Provided | Listed For Sale | $0 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $5,274 | $231,378 |
Home facts updated by county records
Market trends in Elgin
Last updated August 2026
Avg. sale price
$331K
$4.67KMoM
Sale-to-List Price
100.2%
Price per sq ft
$203
$4MoM
Available listings
264
13MoM
Around this home
What Locals Say about Elgin
This October
Trick-or-Treat Score
Built from what locals say about this neighborhood.- 87% say there are sidewalks
- 72% say there's holiday spirit
- 48% say neighbors are friendly
Trulia Trick or TreatStart Ghost Hunt
At least 941 Trulia users voted on each feature.
87 % Say there are sidewalks
87 % Say it's dog friendly
82 % Say car is needed
78 % Say parking is easy
76 % Say yards are well-kept
72 % Say there's holiday spirit
70 % Say kids play outside
63 % Say streets are well-lit
59 % Say people would walk alone at night
56 % Say it's quiet
54 % Say it's walkable to restaurants
52 % Say it's walkable to grocery stores
52 % Say there's wildlife
48 % Say neighbors are friendly
48 % Say they plan to stay for at least 5 years
29 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 54 S Melrose Ave
- What is 54 S Melrose Ave estimated to be worth?Trulia's estimated value for 54 S Melrose Ave in Elgin, IL is $288,100.
- What is the price history for 54 S Melrose Ave?54 S Melrose Ave in Elgin, IL last sold for $132,000 in March 2015.
- 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 $331K. That is down $4.67K from the prior month.
- How big is the lot at 54 S Melrose Ave?The lot at 54 S Melrose Ave in Elgin, IL is about 0.15 acres (6,621 sq ft).

