56 N Commonwealth Ave, Elgin, IL 60123
Property image
Property image
OFF MARKET

$294,200

Trulia Estimate
  • 5 Beds
  • 2 Baths
  • 1,500 sqft

56 N Commonwealth Ave, Elgin, IL 60123

Est. Refi. Payment $2,121/mo*
Refinance Your Home
Currently Off Market - Sold Jan 27, 2021 for $171,000

Home Value

Trulia Estimate
$294K
Since last month
Decreased$3K (-0.9%)
Since last year
Increased$20K (+7.2%)
Since last sale
Increased$123K (+72%)
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 +78% in the last 10 years
MonthEstimated value
2026
August 2026$294K
July 2026$297K
June 2026$298K
May 2026$294K
April 2026$282K
March 2026$286K
February 2026$278K
January 2026$279K
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
44 N Du Bois Ave, Elgin, IL
0.12
Single-Family Home
$272,900
11/18/25
3
2
1,673
26 Monroe Ave, Elgin, IL
0.08
Single-Family Home
$289,000
08/21/26
3
2
1,200
1015 Lawrence Ave, Elgin, IL
0.29
Single-Family Home
$215,000
12/01/25
4
2
1,300
44 Monroe St, Elgin, IL
0.07
Single-Family Home
$285,000
04/03/26
3
1.5
1,720
1017 W Highland Ave, Elgin, IL
0.19
Single-Family Home
$315,000
04/08/26
4
1.5
1,988
12 N Du Bois Ave, Elgin, IL
0.15
Single-Family Home
$300,000
03/10/26
3
2
1,047
23 S Worth Ave, Elgin, IL
0.17
Single-Family Home
$165,000
01/13/26
2
2
960
30 S Commonwealth Ave, Elgin, IL
0.19
Single-Family Home
$303,000
08/18/26
3
2
1,088
17 N Aldine Ave, Elgin, IL
0.28
Single-Family Home
$305,000
11/10/25
3
2
1,602
871 High St, Elgin, IL
0.39
Single-Family Home
$339,900
09/08/25
4
2
1,464

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
39 N Commonwealth Ave, Elgin, IL 60123
0.05
$289,100
3
1.5
1,282
Off Market
25 N Commonwealth Ave, Elgin, IL 60123
0.07
$292,500
3
1.5
1,466
Off Market
44 Monroe St, Elgin, IL 60123
0.07
$285,000
3
1.5
1,720
Recently Sold
104 N Commonwealth Ave, Elgin, IL 60123
0.02
$377,400
4
2.5
2,125
Off Market
26 Monroe Ave, Elgin, IL 60123
0.08
$289,000
3
2
1,200
Recently Sold
22 N Commonwealth Ave, Elgin, IL 60123
0.07
$336,800
4
1.5
1,682
Off Market
22 Monroe Ave, Elgin, IL 60123
0.09
$308,800
3
2
1,500
Off Market
102 Monroe Ave, Elgin, IL 60123
0.07
$335,200
3
1.5
1,418
Off Market
25 N Worth Ave, Elgin, IL 60123
0.07
$306,000
3
1
1,264
Recently Sold
915 Larkin Ave, Elgin, IL 60123
0.04
$338,500
3
1.5
1,470
Off Market
115 N Commonwealth Ave, Elgin, IL 60123
0.06
$258,100
2
1.5
1,116
Off Market
8 Monroe St, Elgin, IL 60123
0.11
$265,000
2
1.5
-
Recently Sold

Local Information

  • Map ViewExplore the area around 56 N Commonwealth Ave.
  • Schools2 Preschool Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1900
Living Area
1,500 sqft
Price/Sqft
$196
Parking
Garage

About this House

This single-family home is located at 56 N Commonwealth Ave, Elgin, IL. 56 N Commonwealth Ave is in Elgin, IL and in ZIP code 60123. This property has 5 bedrooms, 2 bathrooms and approximately 1,500 sqft of floor space. This property has a lot size of 7314 sqft and was built in 1900.
56 N Commonwealth Ave, Elgin, IL 60123 is a 5 bedroom, 2 bathroom, 1,500 sqft single-family home built in 1900. It last sold for $171,000 on Jan 27, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $294,200, with a rent estimate of $2,892/month.

Home Details for 56 N Commonwealth Ave

Interior Features

Heating & Cooling
Heating: GasAir ConditioningCooling System: CentralHeating Fuel: Gas
Interior Details
Types of Rooms: Dining Room
Levels, Entrance, & Accessibility
Floors: Carpet

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: Single Family Home

Exterior Features

Parking & Garage
GarageParking Space: 1Parking: Garage Attached

Community

Units in Building: 1

Lot Information

Lot Area: 7313 sqft

Price and Tax history

DateEventPrice
Jan 27, 2021
Source: MRED as distributed by MLS GRID #10926822
Sold
$171,000
Jan 4, 2021
Source: MRED as distributed by MLS GRID #10926822
Contingent
$169,900
Dec 6, 2020
Source: Agent Provided
Pending
$169,900
Nov 6, 2020
Source: Agent Provided
PriceChange
$169,900
Price decreased by 2%
Oct 22, 2020
Source: Agent Provided
Pending
$172,900

Market trends in Elgin

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

Around this home

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.

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
    Flag
  • 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
    Flag
  • 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
    Flag
  • 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
    Flag
  • 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
    Flag
  • 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
    Flag
  • 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
    Flag
  • 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
    Flag
  • 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
    Flag
  • Austins03wrx
    "Good parts and bad parts but you will have to see the areas. Great small businesses and some great people"
    0
    Flag
  • 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
    Flag
  • Tracie B. N.
    "Very nice people and quiet neighborhood. Shopping within walking distance as well as pace bus stop going into downtown Elgin"
    0
    Flag
  • 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
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 56 N Commonwealth Ave

  • What is 56 N Commonwealth Ave estimated to be worth?
    Trulia's estimated value for 56 N Commonwealth Ave in Elgin, IL is $294,200.
  • What is the price history for 56 N Commonwealth Ave?
    56 N Commonwealth Ave in Elgin, IL last sold for $171,000 in January 2021.
  • 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.
  • Does 56 N Commonwealth Ave have air conditioning?
    Yes, 56 N Commonwealth Ave in Elgin, IL has air conditioning.
  • How big is the lot at 56 N Commonwealth Ave?
    The lot at 56 N Commonwealth Ave in Elgin, IL is about 0.17 acres (7,314 sq ft).

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Off Market Homes Near 56 N Commonwealth Ave

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