541 Melrose Ct, Elgin, IL 60123
OFF MARKET

541 Melrose Ct
Elgin, IL 60123

Southwest Elgin
  • Studio
  • 2 Baths
  • 1,428 sqft

$310,100

Trulia Estimate
as of Aug 8, 2026
Est. Refi. Payment $2,219/mo*
Refinance Your Home

$310,100

Trulia Estimate
as of Aug 8, 2026
Est. Refi. Payment $2,219/mo*
Refinance Your Home
Studio
2 Baths
1,428 sqft

Local Information

  • Map ViewExplore the area around 541 Melrose Ct.
  • Schools2 Preschool Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1966
Living Area
1,428 sqft
Price/Sqft
$217

About this House

This single-family home is located at 541 Melrose Ct, Elgin, IL. 541 Melrose Ct is in the Southwest Elgin neighborhood in Elgin, IL and in ZIP code 60123. This property has 2 bathrooms and approximately 1,428 sqft of floor space. This property was built in 1966.
541 Melrose Ct, Elgin, IL 60123 is a studio, 2 bathroom, 1,428 sqft single-family home in Southwest Elgin, built in 1966. It last sold for $174,000 on Sep 25, 2002. It is currently off market. The Trulia Estimate is $310,100, with a rent estimate of $2,394/month.

Home Details for 541 Melrose Ct

Interior Features

Levels, Entrance, & Accessibility
Stories: 1.5

Property Information

Year Built
Year Built: 1966
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Price History for 541 Melrose Ct

DatePriceEventSource
09/25/2002$174,000Sold
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$6,297
Assessment$260,043
Home facts updated by county records

Comparable Sales for 541 Melrose Ct

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1074 Birchdale Dr, Elgin, IL
0.17
Single-Family Home
$275,000
08/29/25
3
2
1,877
525 Sunset Dr, Elgin, IL
0.20
Single-Family Home
$300,000
07/24/26
3
1.5
1,256
551 Sunset Dr, Elgin, IL
0.20
Single-Family Home
$325,000
07/10/26
3
1.5
1,573
466 Melrose Ct, Elgin, IL
0.10
Single-Family Home
$375,000
10/20/25
3
2
1,976
371 S Edison Ave, Elgin, IL
0.27
Single-Family Home
$290,000
02/13/26
4
2
1,596
987 South St, Elgin, IL
0.29
Single-Family Home
$215,000
05/22/26
2
2
1,000
490 S Alfred Ave, Elgin, IL
0.09
Single-Family Home
$280,000
02/26/26
3
1
1,320
475 S Edison Ave, Elgin, IL
0.26
Single-Family Home
$285,000
09/04/25
3
2
1,154
256 S Edison Ave, Elgin, IL
0.33
Single-Family Home
$300,000
12/03/25
3
2
1,456
375 S Edison Ave, Elgin, IL
0.27
Single-Family Home
$300,000
06/18/26
3
2
1,125

Nearby homes

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Assigned Schools

These are the assigned schools for 541 Melrose Ct.
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

  • 86nasus
    "Looks like they did a really quick remodel with cut corners. Honestly, this house would have more charm if they would’ve left it how it was you can see bad angles, more pronounced now where they painted white to look more modern. Floors are crooked and leaning, and that would’ve been OK with original flooring."
    1
    Flag
  • 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

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Homes for sale near 541 Melrose Ct

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Off Market Homes Near 541 Melrose Ct

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Frequently asked questions about 541 Melrose Ct

  • What is 541 Melrose Ct estimated to be worth?
    Trulia's estimated value for 541 Melrose Ct in Elgin, IL is $310,100.
  • What is the price history for 541 Melrose Ct?
    541 Melrose Ct in Elgin, IL last sold for $174,000 in September 2002.
  • 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 $323K. That is up $10.67K from the prior month.