561 S Commonwealth Ave, Elgin, IL 60123
OFF MARKET

561 S Commonwealth Ave
Elgin, IL 60123

Southwest Elgin
  • 2 Beds
  • 2 Baths
  • 1,065 sqft

$292,100

Trulia Estimate
as of Jul 16, 2026
Est. Refi. Payment $2,072/mo*
Refinance Your Home

$292,100

Trulia Estimate
as of Jul 16, 2026
Est. Refi. Payment $2,072/mo*
Refinance Your Home
2 Beds
2 Baths
1,065 sqft

Local Information

  • Map ViewExplore the area around 561 S Commonwealth Ave.
  • Schools2 Preschool Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

FIRST TIME HOME BUYERS! THIS HOME OFFERS THE CHANCE TO RECEIVE TAX CREDIT! 2 BR., 2BATH HOME W/LARGE YARD! NOT A SHORT SALE! LARGE LIVING RM.W/PICTURE WINDOW. EAT IN KITCHEN MICROWAVE, RANGE TOP, DISHWASHER & BLT. IN OVEN STAY. MASTER BR HAS CEDAR COSET +DOUBLE CLOSET. LL FIN. FAM. RM.W LDY AREA & LOTS OF STORAG. ATTACHED 1&1/2 GARAGE W/EDO. NEW
561 S Commonwealth Ave, Elgin, IL 60123 is a 2 bedroom, 2 bathroom, 1,065 sqft single-family home in Southwest Elgin, built in 1954. It last sold for $134,400 on May 13, 2010. It is currently off market. The Trulia Estimate is $292,100, with a rent estimate of $2,132/month.

Home Highlights

Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 561 S Commonwealth 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: 7840 sqft

Price History for 561 S Commonwealth Ave

DatePriceEventSource
05/13/2010$134,400Sold
MRED as distributed by MLS GRID #07467023
03/14/2010$134,000Listed For SaleAgent Provided

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$5,256
Assessment$221,043
Home facts updated by county records

Comparable Sales for 561 S Commonwealth Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
987 South St, Elgin, IL
0.28
Single-Family Home
$215,000
05/22/26
2
2
1,000
475 S Edison Ave, Elgin, IL
0.12
Single-Family Home
$285,000
09/04/25
3
2
1,154
800 Morgan St, Elgin, IL
0.17
Single-Family Home
$275,000
03/27/26
2
1
1,128
311 S Clifton Ave, Elgin, IL
0.43
Single-Family Home
$175,000
07/28/25
2
2
837
503 S Edison Ave, Elgin, IL
0.11
Single-Family Home
$319,000
08/06/25
3
2
1,485
1074 Birchdale Dr, Elgin, IL
0.16
Single-Family Home
$275,000
08/29/25
3
2
1,877
375 S Edison Ave, Elgin, IL
0.26
Single-Family Home
$300,000
06/18/26
3
2
1,125
851 Washburn St, Elgin, IL
0.25
Single-Family Home
$300,000
10/01/25
3
1.5
1,800
400 Marguerite St, Elgin, IL
0.19
Single-Family Home
$341,000
04/07/26
4
2
1,401
256 S Edison Ave, Elgin, IL
0.38
Single-Family Home
$300,000
12/03/25
3
2
1,456

Nearby homes

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Assigned Schools

These are the assigned schools for 561 S Commonwealth Ave.
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

  • Juana Valencia
    "It could be better, I see a lot of ice around, scary and makes us feel uncomfortable more restaurants and lounges needed"
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  • Jokie.deguzman1251999
    "i usually walk to nearby stores,restaurants, and gas stations. otherwise i drive my car or take a uber for far locations"
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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
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  • 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"
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  • 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."
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  • 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
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  • 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
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Homes for sale near 561 S Commonwealth Ave

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Off Market Homes Near 561 S Commonwealth Ave

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