61 S Melrose Ave
Elgin, IL 60123
- 3 Beds
- 3 Baths
- 1,563 sqft
$314,500
as of Aug 14, 2026
$314,500
as of Aug 14, 2026
3 Beds
3 Baths
1,563 sqft
Home Value
Trulia Estimate
$315KSince last month
Decreased$7K (-2.1%)Since last year
Increased$12K (+3.9%)Since last sale
Increased$313K (+19,556.3%)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 +126% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $315K |
| July 2026 | $314K |
| June 2026 | $321K |
| May 2026 | $315K |
| April 2026 | $314K |
| March 2026 | $314K |
| February 2026 | $302K |
| January 2026 | $303K |
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 |
|---|---|---|---|---|---|---|---|
0.54 | Townhouse | $377,000 | 05/22/26 | 2 | 3.5 | 1,958 | |
1.24 | Townhouse | $240,000 | 01/22/26 | 3 | 2.5 | 1,397 | |
1.14 | Townhouse | $239,900 | 02/20/26 | 2 | 2.5 | 1,397 | |
1.49 | Townhouse | $280,000 | 09/18/25 | 3 | 1.5 | 1,254 | |
1.49 | Townhouse | $270,000 | 05/04/26 | 3 | 1.5 | 1,255 | |
1.07 | Townhouse | $195,900 | 10/27/25 | 2 | 1.5 | 1,394 | |
1.43 | Townhouse | $259,000 | 03/27/26 | 2 | 2.5 | 1,420 | |
1.40 | Townhouse | $345,000 | 06/16/26 | 2 | 2.5 | 1,800 | |
1.74 | Townhouse | $281,000 | 08/27/25 | 3 | 2.5 | 1,446 | |
1.34 | Townhouse | $344,000 | 11/06/25 | 3 | 2.5 | 2,014 |
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 |
|---|---|---|---|---|---|---|
0.05 | $345,600 | 5 | 2 | 1,469 | Off Market | |
0.05 | $321,000 | 3 | 2 | 1,134 | Off Market | |
0.04 | $220,000 | 2 | 2 | 955 | For Sale | |
0.06 | $303,000 | 3 | 1.5 | 1,664 | Off Market | |
0.07 | $330,700 | 5 | 1.5 | 1,392 | Off Market | |
0.06 | $366,500 | 3 | 1.5 | 2,168 | Off Market | |
0.09 | $271,400 | 2 | 1 | 1,044 | Off Market | |
0.10 | $311,600 | 3 | 2 | 1,275 | Off Market | |
0.10 | $306,300 | 3 | 2 | 1,144 | Off Market | |
0.11 | $300,500 | 2 | 1 | 765 | Off Market | |
0.11 | $354,500 | 3 | 2 | 1,615 | Off Market | |
0.13 | $225,000 | 2 | 1 | 864 | Recently Sold |
Local Information
-- mins to
Home Highlights
Property Type
Townhouse
Year Built
2013
Living Area
1,563 sqft
Price/Sqft
$201
About this House
Beautiful townhome with 3 bedrooms, 2.1 baths, full unfinished basement, and great views! ~ Modern, open-concept floor plan ~ Fully applianced kitchen with breakfast bar ~ Sliding glass door to balcony ~ Large master with private bath and walk-in closet ~ Lots of windows ~ Neutral decor ~ Private entrance ~ Attached 2 car garage ~ Pets allowed ~ Professional management ~ Superb condition! ~ Easy access to Rt. 31, Rt. 20, and Rt. 25 ~ Advertised rent is for 2 year lease with automatic 3% rent increase in 2nd year - add $100/month for a 1 year lease ~ Absolutely move-in ready!
61 S Melrose Ave, Elgin, IL 60123 is a 3 bedroom, 3 bathroom, 1,563 sqft townhouse built in 2013. It last sold for $1,600 on Sep 13, 2014. More recently, it was listed as a rental in August 2020 with an asking price of $2,095 per month. That rental listing was removed on October 18, 2020. It is currently off market. The Trulia Estimate is $314,500, with a rent estimate of $2,491/month.
Home Details for 61 S Melrose Ave
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Heating & Cooling Heating: GasAir ConditioningCooling System: CentralHeating Fuel: Gas |
Levels, Entrance, & Accessibility Stories: 3 |
Interior Details Types of Rooms: Dining Room |
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Year Built Year Built: 2013 |
Property Type / Style Property Type: Townhouse |
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Exterior Home Features Exterior: Vinyl, Brick |
Parking & Garage Parking Spaces: 2Parking: None |
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Units in Building: 1 |
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Lot Area: 6621 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Oct 18, 2020 Source: Agent Provided | ListingRemoved | $2,095 |
Aug 11, 2020 Source: Agent Provided | Listed For Rent | $2,095 |
Sep 13, 2014 Source: N/A | Sold | $1,600 |
Jan 28, 2004 Source: N/A | Sold | $160,500 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2024 | $5,790 | $241,065 |
Home facts updated by county records
Market trends in Elgin
Last updated July 2026
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
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.
LGBTQ Local Legal Protections
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Apartments for Rent
Homes for sale near 61 S Melrose Ave
Off Market Homes Near 61 S Melrose Ave
Frequently asked questions about 61 S Melrose Ave
- What is 61 S Melrose Ave estimated to be worth?Trulia's estimated value for 61 S Melrose Ave in Elgin, IL is $314,500.
- What is the price history for 61 S Melrose Ave?61 S Melrose Ave in Elgin, IL last sold for $1,600 in September 2014.
- 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 61 S Melrose Ave have air conditioning?Yes, 61 S Melrose Ave in Elgin, IL has air conditioning.
- Does 61 S Melrose Ave have parking?Yes, 61 S Melrose Ave in Elgin, IL has on-site parking.

