554 Melrose Ct, Elgin, IL 60123
OFF MARKET

554 Melrose Ct
Elgin, IL 60123

Southwest Elgin
  • 3 Beds
  • 2 Baths
  • 1,058 sqft

$296,800

Trulia Estimate
as of Aug 1, 2026
Est. Refi. Payment $2,133/mo*
Refinance Your Home

$296,800

Trulia Estimate
as of Aug 1, 2026
Est. Refi. Payment $2,133/mo*
Refinance Your Home
3 Beds
2 Baths
1,058 sqft

Local Information

  • Map ViewExplore the area around 554 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
1,058 sqft
Price/Sqft
$281

About this House

This single-family home is located at 554 Melrose Ct, Elgin, IL. 554 Melrose Ct is in the Southwest Elgin neighborhood in Elgin, IL and in ZIP code 60123. This property has 3 bedrooms, 2 bathrooms and approximately 1,058 sqft of floor space. This property has a lot size of 7840 sqft and was built in 1966.
554 Melrose Ct, Elgin, IL 60123 is a 3 bedroom, 2 bathroom, 1,058 sqft single-family home in Southwest Elgin, built in 1966. It is currently off market. The Trulia Estimate is $296,800, with a rent estimate of $2,285/month.

Home Details for 554 Melrose Ct

Interior Features

Levels, Entrance, & Accessibility
Stories: 1

Property Information

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

Community

Units in Building: 1

Lot Information

Lot Area: 7840 sqft

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$4,680
Assessment$223,425
Home facts updated by county records

Comparable Sales for 554 Melrose Ct

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
466 Melrose Ct, Elgin, IL
0.11
Single-Family Home
$375,000
10/20/25
3
2
1,976
475 S Edison Ave, Elgin, IL
0.30
Single-Family Home
$285,000
09/04/25
3
2
1,154
1074 Birchdale Dr, Elgin, IL
0.21
Single-Family Home
$275,000
08/29/25
3
2
1,877
256 S Edison Ave, Elgin, IL
0.35
Single-Family Home
$300,000
12/03/25
3
2
1,456
375 S Edison Ave, Elgin, IL
0.30
Single-Family Home
$300,000
06/18/26
3
2
1,125
503 S Edison Ave, Elgin, IL
0.29
Single-Family Home
$319,000
08/06/25
3
2
1,485
490 S Alfred Ave, Elgin, IL
0.12
Single-Family Home
$280,000
02/26/26
3
1
1,320
987 South St, Elgin, IL
0.31
Single-Family Home
$215,000
05/22/26
2
2
1,000
1252 Erie St, Elgin, IL
0.45
Single-Family Home
$326,500
05/06/26
3
2
1,040
371 S Edison Ave, Elgin, IL
0.30
Single-Family Home
$290,000
02/13/26
4
2
1,596

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 554 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

Skip to last item
Skip to first item

Explore by feature - Pet Friendly

34 pet-friendly rentals in Elgin, IL

Explore by feature - Garage

38 rentals with a garage in Elgin, IL

Explore by feature - Air Conditioning

58 rentals with air conditioning in Elgin, IL

Explore by feature - Pool

17 rentals with a pool in Elgin, IL

Explore by feature - Washer/dryer

34 rentals with a washer/dryer in Elgin, IL

Explore by feature - Outdoor Space

11 rentals with an outdoor space in Elgin, IL

Homes for sale near 554 Melrose Ct

Skip to last item
Skip to first item

Off Market Homes Near 554 Melrose Ct

Skip to last item
Skip to first item