54 S  Melrose Ave, Elgin, IL 60123
Property image
Property image
OFF MARKET

54 S Melrose Ave
Elgin, IL 60123

  • 3 Beds
  • 1,120 sqft

$285,700

Trulia Estimate
as of Aug 13, 2026

$285,700

Trulia Estimate
as of Aug 13, 2026
3 Beds
1,120 sqft

Home Value

Trulia Estimate
$286K
Since last month
Decreased$6K (-2.1%)
Since last year
Increased$10K (+3.7%)
Since last sale
Increased$154K (+116.4%)
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
MonthEstimated value
2026
August 2026$286K
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
0.14
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
0.36
Single-Family Home
$250,000
05/04/26
3
2
1,088
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
0.19
Single-Family Home
$270,000
03/27/26
2
1
1,368

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
0.03
$303,000
3
1.5
1,664
Off Market
0.06
$306,300
3
2
1,144
Off Market
0.07
$300,500
2
1
765
Off Market
0.05
$330,700
5
1.5
1,392
Off Market
0.06
$271,400
2
1
1,044
Off Market
0.06
$366,500
3
1.5
2,168
Off Market
0.06
$345,600
5
2
1,469
Off Market
0.10
$335,400
3
2
1,911
Off Market
0.09
$225,000
2
1
864
Recently Sold
0.08
$311,600
3
2
1,275
Off Market
0.06
$220,000
2
2
955
For Sale
0.11
$69,000
-
-
-
Recently Sold

Local Information

  • Map ViewExplore the area around 54 S Melrose Ave.
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1954
Living Area
1,120 sqft
Price/Sqft
$255

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. It is currently off market. The Trulia Estimate is $285,700, with a rent estimate of $2,203/month.

Home Details for 54 S Melrose Ave

Interior Features

Levels, Entrance, & Accessibility
Stories: 1

Property Information

Year Built
Year Built: 1954
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 6621 sqft

Price and Tax history

DateEventPrice
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

Market trends in Elgin

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$337K
$15K
MoM
Sale-to-List Price
100.1%
0.1%
MoM
Price per sq ft
$207
$2
MoM
Available listings
251
12
MoM
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What Locals Say about Elgin

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

Apartments for Rent

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Homes for sale near 54 S Melrose Ave

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Off Market Homes Near 54 S Melrose Ave

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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 $285,700.
  • 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 $337K. That is up $15K 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).