862 Illinois Ave, Elgin, IL 60120
OFF MARKET

$216,800

Trulia Estimate
  • Studio
  • 2 Baths
  • 912 sqft

862 Illinois Ave, Elgin, IL 60120

Southeast Elgin
Est. Refi. Payment $1,554/mo*
Refinance Your Home
Currently Off Market - Sold Feb 11, 2015 for $75,000

Home Value

Trulia Estimate
$217K
Since last month
Decreased$2K (-0.9%)
Since last year
Decreased$5K (-2.4%)
Since last sale
Increased$142K (+189.1%)
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 +178% in the last 10 years
MonthEstimated value
2026
August 2026$217K
July 2026$219K
June 2026$232K
May 2026$225K
April 2026$222K
March 2026$223K
February 2026$219K
January 2026$222K
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
0.23
Single-Family Home
$84,000
02/09/26
2
2
857
0.15
Single-Family Home
$201,500
10/29/25
2
2
1,080
0.04
Single-Family Home
$257,000
10/09/25
2
1
960
0.35
Single-Family Home
$100,000
01/14/26
3
2
1,215
0.12
Single-Family Home
$185,000
02/26/26
3
1
1,032
0.07
Single-Family Home
$220,000
11/17/25
3
1
1,065
0.21
Single-Family Home
$200,000
09/17/25
3
1
1,149
0.33
Single-Family Home
$180,000
06/30/26
3
2
1,560
0.15
Single-Family Home
$270,000
01/16/26
3
1
1,090
0.20
Single-Family Home
$207,000
04/01/26
3
2
1,248

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
0.04
$269,700
2
1
960
Off Market
0.04
$290,900
3
1
1,105
Off Market
0.09
$231,900
2
1.5
685
Off Market
0.07
$225,000
2
1
973
Recently Sold
0.10
$268,400
2
1
864
Off Market
0.06
$303,700
4
2
-
Off Market
0.07
$220,000
3
1
1,065
Recently Sold
0.09
$301,600
3
2
1,508
Off Market
0.09
$282,400
4
2
1,100
Off Market
0.12
$261,000
3
1
1,540
Recently Sold
0.13
$234,400
2
1
600
Off Market
0.09
$205,700
3
1
1,200
Off Market

Local Information

  • Map ViewExplore the area around 862 Illinois Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1950
Living Area
912 sqft
Price/Sqft
$238

About this House

This single-family home is located at 862 Illinois Ave, Elgin, IL. 862 Illinois Ave is in the Southeast Elgin neighborhood in Elgin, IL and in ZIP code 60120. This property has 2 bathrooms and approximately 912 sqft of floor space. This property has a lot size of 6403 sqft and was built in 1950.
862 Illinois Ave, Elgin, IL 60120 is a studio, 2 bathroom, 912 sqft single-family home in Southeast Elgin, built in 1950. It last sold for $75,000 on Feb 11, 2015. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $216,800, with a rent estimate of $2,254/month.

Home Details for 862 Illinois Ave

Interior Features

Levels, Entrance, & Accessibility
Stories: 1

Property Information

Year Built
Year Built: 1950
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 6403 sqft

Price and Tax history

DateEventPrice
Feb 11, 2015
Source: N/A
Sold
$75,000

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

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Southeast Elgin

At least 25 Trulia users voted on each feature.
  • 84 % Say car is needed

  • 83 % Say it's dog friendly

  • 79 % Say parking is easy

  • 77 % Say yards are well-kept

  • 75 % Say there are sidewalks

  • 62 % Say people would walk alone at night

  • 60 % Say kids play outside

  • 60 % Say there's holiday spirit

  • 59 % Say streets are well-lit

  • 58 % Say there's wildlife

  • 58 % Say it's walkable to grocery stores

  • 50 % Say it's quiet

  • 47 % Say it's walkable to restaurants

  • 47 % Say they plan to stay for at least 5 years

  • 46 % Say neighbors are friendly

  • 14 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Pabloorozcoiii
    "i have a short comute with restruants and stores along the way close to forest preserves and shopping "
  • Annpjacob
    "Beautiful neighborhood with friendly diverse families. Location is not too far from any major suburbs "
  • dotkush
    "safe friendly area, I've lived here for 4 years and had nothing but a good rapport with my neighbors"

LGBTQ Local Legal Protections

Frequently asked questions about 862 Illinois Ave

  • What is 862 Illinois Ave estimated to be worth?
    Trulia's estimated value for 862 Illinois Ave in Elgin, IL is $216,800.
  • What is the price history for 862 Illinois Ave?
    862 Illinois Ave in Elgin, IL last sold for $75,000 in February 2015.
  • 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.
  • How big is the lot at 862 Illinois Ave?
    The lot at 862 Illinois Ave in Elgin, IL is about 0.15 acres (6,403 sq ft).

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