550 Teal Ave, Elgin, IL 60123
Property image
Property image
OFF MARKET

$35,000

Last sold price

    550 Teal Ave, Elgin, IL 60123

    Currently Off Market - Sold Apr 29, 2024 for $35,000

    Home Value

    Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

    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
    562 N Alfred Ave, Elgin, IL
    0.87
    Lot/Land
    $75,000
    10/29/25
    -
    -
    164 Ludeka Pl, Elgin, IL
    1.19
    Lot/Land
    $140,000
    09/01/26
    -
    -
    552 E Chicago St, Elgin, IL
    1.80
    Lot/Land
    $48,999
    11/21/25
    -
    -
    216 Prairie St #12, Elgin, IL
    1.60
    Lot/Land
    $107,000
    02/25/26
    -
    -
    70 S Weston Ave, Elgin, IL
    1.83
    Lot/Land
    $69,000
    04/17/26
    -
    -
    212 Dundee Ave, Elgin, IL
    1.24
    Lot/Land
    $125,000
    09/08/25
    -
    -
    140 S Lyle Ave, Elgin, IL
    2.23
    Lot/Land
    $35,000
    12/11/25
    -
    -
    10 Chateau Dr, West Dundee, IL
    1.44
    Lot/Land
    $125,000
    06/30/26
    -
    -
    1 South St, Elgin, IL
    1.48
    Lot/Land
    $170,000
    03/02/26
    -
    -
    1042 Chateau Bluff Ln, Dundee, IL
    2.28
    Lot/Land
    $60,000
    07/22/26
    -
    -

    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
    85 Jerusha Ave, Elgin, IL 60123
    0.03
    $362,200
    3
    2
    1,491
    Off Market
    64 Genesee Ave, Elgin, IL 60123
    0.07
    $253,600
    2
    1
    690
    Off Market
    54 Genesee Ave, Elgin, IL 60123
    0.10
    $314,000
    3
    2
    1,739
    Recently Sold
    25 Jerusha Ave, Elgin, IL 60123
    0.20
    -
    -
    -
    -
    Off Market
    10 Teal Ave #& 11, Elgin, IL 60123
    0.26
    -
    -
    -
    -
    Off Market
    Lot 11 Teal Ave, Elgin, IL 60123
    0.26
    -
    -
    -
    -
    Off Market
    Lot 12 Teal Ave, Elgin, IL 60123
    0.26
    -
    -
    -
    -
    Off Market
    1052 Florimond Dr, Elgin, IL 60123
    0.25
    $304,600
    3
    2
    1,460
    Off Market
    1066 Florimond Dr, Elgin, IL 60123
    0.27
    $291,300
    3
    2
    1,460
    Off Market
    1093 Florimond Dr, Elgin, IL 60123
    0.30
    $287,800
    3
    2
    1,460
    Off Market
    1096 Florimond Dr, Elgin, IL 60123
    0.32
    $281,000
    3
    1.5
    1,488
    Off Market

    Local Information

    • Map ViewExplore the area around 550 Teal Ave.
    • Schools2 Preschool Schools1 Elementary School1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    Home Highlights

    Property Type
    Lot/Land

    About this House

    Builder, Investors, Let's fix this housing shortage and build, build, BUILD! Welcome to this amazing vacant residential lot, located on a quiet and peaceful street. Measuring 66 feet by 133 feet, this lot offers a spacious and versatile canvas for your dream home or investment property. Located in a desirable neighborhood, this lot offers easy access to nearby amenities, including schools, shopping centers, and recreational facilities. The lot is zoned for residential use, which provides an opportunity for you to create the perfect home tailored to your unique needs and lifestyle. With plenty of space, this lot offers endless possibilities for outdoor living and entertaining, from a beautiful garden to a swimming pool, or simply a peaceful retreat. The lot is level, making it easy to build on, and it is surrounded by mature trees, offering a sense of privacy and tranquility. Don't miss this rare opportunity to own a vacant residential lot in a great location, where you can build your dream home and enjoy the best of everything this area has to offer.
    550 Teal Ave, Elgin, IL 60123 is a lot/land. It last sold for $35,000 on Apr 29, 2024 (13% below the $40,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $1,600/month.
    Last check for updates: about 24 hours ago
    Listed by Rudolph Johnson, (630) 201-4130
    Keller Williams Inspire
    Anne Kothe, (630) 935-4739
    Keller Williams Inspire
    Bought with: Jesus Perez, (630) 878-9064, Casablanca
    Source: MRED as distributed by MLS GRID, MLS#11769232

    Home Details for 550 Teal Ave

    Active Status

    MLS Status: Closed

    Interior Features

    Appliances & Utilities
    Utilities: Electricity Nearby, Natural Gas Nearby
    View
    No View

    Exterior Features

    Frontage
    Road Frontage: City StreetRoad Surface Type: AsphaltNot on Waterfront
    Farm & Range
    Frontage Length: 135

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Property Information
    Parcel Number: 0611130004

    Price & Status

    Price
    List Price: $40,000
    Status Change & Dates
    Off Market Date: Fri Sep 01 2023Possession Timing: Close Of Escrow

    Location

    Direction & Address
    City: Elgin
    School Information
    Elementary School District: 46Jr High / Middle School District: 46High School District: 46

    Lot Information

    Lot Area: 8910 sqft

    Listing Info

    Special Conditions: None

    Offer

    Listing Terms: Cash

    Business

    Business Information
    Ownership: Fee Simple

    Miscellaneous

    Mls Number: 11769232Back On Market Date: Sun Aug 06 2023

    Additional Information

    Source Internet Consumer CommentSource Internet Entire Listing DisplayMRD REMARKSINTERNET: YesSource Internet Address Display

    Price and Tax history

    DateEventPrice
    Apr 29, 2024
    Source: MRED as distributed by MLS GRID #11769232
    		Sold
    $35,000
    Sep 13, 2023
    Source: MRED as distributed by MLS GRID #11769232
    		Pending
    $40,000
    Aug 6, 2023
    Source: MRED as distributed by MLS GRID #11769232
    		PendingToActive
    $40,000
    May 4, 2023
    Source: MRED as distributed by MLS GRID #11769232
    		Contingent
    $40,000
    Apr 27, 2023
    Source: MRED as distributed by MLS GRID #11769232
    		Listed For Sale
    $40,000

    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

    Around this home

    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.
    • Lydiadannenberg4816
      "Homes are custom made. Large lots. Friendly neighborhood. "
      0
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    • 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
    • Wpnhs6gnpj
      "We have a lot people walking with their door not matter what time , my neighbor is really peaceful , inkivebromoibe here for the last 30 years . If I have to choice other place in houses , I choose elgin again "
      0
      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
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    • Amneey
      "Welcome to this neighborhood. Pets friendly and caring people . Safe and neat area, caring people. "
      0
      Flag
    • Charles B
      "Use the meta to get downtown. There is no public transportation here. Roads are busy sometimes so you need to be careful. "
      0
      Flag
    • NK
      "We love it here. Such a family friendly area. Amazing place to raise kids and feel safe! We are very grateful to live here."
      1
      Flag
    • Bridget Loose
      "Pace bus is great convenience for getting around town or next town over, I just think there needs to be something that notifies you if it’s being delayed or arriving early. "
      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
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    • Erik
      "There aren’t really events but it’s just a friendly safe neighborhood to be in And has schools near by and local stores "
      1
      Flag
    • Imaadus
      "Love my neighborhood, it’s clean and save where I live! Schools are good. Nice well maintained parks"
      1
      Flag
    • Jeanette
      "I’ve lives in this neighborhood for about 3yrs and have had plenty of packages delivered with no issues and neighbors are pretty friendly around here. "
      3
      Flag
    • Jess Jessica
      "There’s always something going on in downtown Elgin for every season/holiday/event. We have a Casino boat too for entertainment. "
      2
      Flag
    • Jenjengu
      "I love Elgin! It is a friendly, diverse community with great shopping, parks, and recreation. I feel the schools offer students wonderful education opportunities. "
      3
      Flag
    • Trulia User
      "Only one entrance into the subdivision. Safe and adjacent to the Elgin Country Club. Homes well kept with beautiful landscaping. Low annual HOA with a few restrictions designed to maintain price integrity. "
      1
      Flag
    • Yvonne B.
      "Pretty safe, beautiful scenery, we have lots of entertainment. Elgin has plenty parks and great restaurants "
      1
      Flag
    • Jfairone
      "Nice neighborhood for families and pets, very walkable with sidewalks. Near library and good schools"
      11
      Flag
    • Reuben A.
      "Great Town to love in all close by for shopping food clothing etc., It’s is the city in the suburbs!"
      1
      Flag
    • Jfairone
      "Well kept for homes and friendly people. Near by shopping, restaurants good hospitals. Everything you need is close by"
      0
      Flag
    • Maya S.
      "Many families with children. Parents help Watch all kids. Right on bus line. Close to I-90. Grocery stores are nearby and lots of parks for kids to play at. "
      7
      Flag
    • Jordan S.
      "Certain parts of Elgin are great then small parts not so much but I give it a 8 out of 10 for also the lack of transportation."
      6
      Flag
    • Samcasey92600
      "Dogs are very common in Elgin, and you usually will see plenty of other dogs while you walk your own. It’s nice, good ways to start up conversations and meet your neighbors. "
      0
      Flag
    • Chure2002
      "i have no neighbors , quite street, closed to 24 hr Walgreens closed to 24 hr jewel osco, closed to everthing "
      4
      Flag
    • Jaclyn B.
      "Decent neighborhood, nice neighbors. Good location close to highways and major roads. Grocery stores within driving distance. Would recommend for starter home area."
      0
      Flag
    • Jaclyn B.
      "Decent neighborhood. Not walking distance to many things but driving distance is decent. Neighbors are nice and well kept grounds in my subdivision. Would recommend for family and friends. Close to expressways and major roadways. "
      0
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    • Zzarate479
      "The 4th of July parade is so much fun,it last hours but is fun to watch the people that walk and do tricks and then the horses are even fun"
      2
      Flag
    • Liz B.
      "People are always walking their dogs. The sidewalks are great and clean. People like this area for the historic district."
      0
      Flag
    • Stephanie S.
      "it's nice there are different parts of town. mostly all nice areas. high school are not the best. I like the elementary schools "
      0
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    • Nancytorres90
      "Kids are safe here.. my kids are always outside playing soccer with the kids in the neighborhood and i feel safe letting them be."
      0
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    • Dulce R.
      "Large fancy neighborhood surrounds the area. The townhomes are nice and spacious. The neighbors keep to themselves but are great neighbors and watch for strange vehicles. "
      0
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    • Joshua D. P.
      "Lots of people have dogs. There are several dog parks in the area. There are plenty of housing options that are pet friendly. "
      0
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    • Daniel E.
      "i see neightbors walking their dogs. having family cook outs and other events. great ambients to have your children grow in."
      0
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    • Tstewy625
      "I’ve been here my whole entire life and I think the most unique part of Elgin is for the most part we get along! "
      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
    • Co_wolf
      "I have a short commute to one of the 3 Metra stations in Elgin and take the train downtown every day."
      0
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    • Austins03wrx
      "Good parts and bad parts but you will have to see the areas. Great small businesses and some great people"
      0
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    • Cousinkimkimmie
      "sexual offenders in thier area and be aware of crime light up thier homes and lock doors dont let kids walk home.alone "
      4
      Flag
    • Jessica G.
      "Nightmare on Chicago street every year for Halloween is a huge even held in downtown Elgin! There is also many events held throughout the year "
      0
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    • Tracie B. N.
      "Very nice people and quiet neighborhood. Shopping within walking distance as well as pace bus stop going into downtown Elgin"
      0
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    • Geneva R.
      "well we have things for the kids to do like play basketball and football the girls play volleyball and rope. and my sit around and just talk and play board games that's what we do in are community for are kids and young kid's."
      0
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    LGBTQ Local Legal Protections

    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

    Frequently asked questions about 550 Teal Ave

    • What is the price history for 550 Teal Ave?
      550 Teal Ave in Elgin, IL last sold for $35,000 in April 2024.
    • 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.
    • What do residents say about Elgin?
      Residents describe Elgin, IL as pedestrian-friendly, dog-friendly, and easy to park in. See recently sold homes in Elgin, IL.

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    Apartments for Rent

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    Off Market Homes Near 550 Teal Ave

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