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  • $200,000

    514 Locust St, Elgin, IL 60123

    3beds
    1,640sqft
    Single Family Residence
    Built in 1910
    0.32 Acres Lot
    $-- Zestimate®
    $122/sqft
    $2,670 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,670/mo

    Zestimate® history
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    What's special

    Three generously sized bedroomsSeparate family roomSpacious kitchenExcellent floor planGenerously sized living spacesEnclosed front porchDetached one-car garage
    Calling all investors, rehabbers, flippers, and buyers looking to build instant equity! This spacious two-story home offers a fantastic floor plan featuring 3 bedrooms, 1.5 baths, and generously sized living spaces rarely found at this price point. There is hardwood floor throughout much of the home and the expansive living room, separate family room, formal dining room, and enclosed front porch provide exceptional flexibility and the perfect foundation for a stunning renovation The spacious kitchen includes all existing appliances and offers endless potential to become the heart of the home. Upstairs, you'll find all three generously sized bedrooms. The renovation has already begun to convert the upstairs half bath into a full bathroom, providing an outstanding opportunity to add immediate value. The huge unfinished basement offers incredible potential for future living space, a workshop, or abundant storage. A detached one-car garage adds even more functionality and convenience. Priced to sell and reflecting its current condition, this home is being sold AS IS, with cash buyers preferred. Whether you're looking for your next flip, long-term investment, or a chance to create your dream home while building significant equity, this property delivers outstanding potential. With solid bones, an excellent floor plan, tremendous upside, and a highly desirable west-side location, this is an opportunity you won't want to miss.

    Zillow last checked:

    Listing updated:

    Listed by:

    Sarah Leonard, E-PRO 224-999-9100,

    Legacy Properties, A Sarah Leonard Company, LLC,

    Jim Brown 224-629-9873,

    Legacy Properties, A Sarah Leonard Company, LLC

    Bought with:

    Brenda E Puga

    Brenda E Puga

    Source: MRED as distributed by MLS GRID,MLS#: 12711953MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Enclosed Porch
    Primary bedroom
    • Features: Flooring (Carpet), Window Treatments (All)
    • Level: Second
    • Area: 165 Square Feet
    • Dimensions: 15X11
    Bedroom 2
    • Features: Flooring (Carpet), Window Treatments (All)
    • Level: Second
    • Area: 108 Square Feet
    • Dimensions: 12X9
    Bedroom 3
    • Features: Flooring (Hardwood), Window Treatments (All)
    • Level: Second
    • Area: 110 Square Feet
    • Dimensions: 11X10
    Dining room
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 99 Square Feet
    • Dimensions: 11X9
    Enclosed porch
    • Features: Window Treatments (All)
    • Level: Main
    • Area: 136 Square Feet
    • Dimensions: 17X8
    Family room
    • Features: Flooring (Hardwood), Window Treatments (All)
    • Level: Main
    • Area: 247 Square Feet
    • Dimensions: 19X13
    Kitchen
    • Features: Kitchen (Eating Area-Table Space), Flooring (Vinyl), Window Treatments (All)
    • Level: Main
    • Area: 180 Square Feet
    • Dimensions: 15X12
    Living room
    • Features: Flooring (Hardwood), Window Treatments (All)
    • Level: Main
    • Area: 180 Square Feet
    • Dimensions: 15X12
    Heating
    • Natural Gas
    Cooling
    • None
    Appliances
    • Included: Range, Refrigerator, Gas Water Heater
    • Laundry: Sink
    Features
    • Windows: All
    • Basement: Unfinished,Full
    Interior area
    • Total structure area: 0
    • Total interior livable area: 1,640 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Yes, Garage Owned, Detached, Garage
    • Garage spaces: 1
    Accessibility
    • Accessibility features: No Disability Access
    Features
    • Stories: 1.5
    Lot
    • Size: 0.32 Acres
    Details
    • Parcel number: 0614409035
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence
    Materials
    • Aluminum Siding, Vinyl Siding, Steel Siding
    Condition
    • New construction: No
    • Year built: 1910

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    HOA
    • Services included: None
    Location
    • Region: Elgin

    Financial & listing details

    • Price per square foot: $122/sqft
    • Tax assessed value: $250,668
    • Annual tax amount: $5,764
    • Date on market: 7/23/2026
    • Listing terms: Cash
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    8/17/2026Sold$200,000+0.1%$122/sqft
    Source: MRED as distributed by MLS GRID #12711953 Report a problem
    8/6/2026Pending sale$199,900$122/sqft
    Source: MRED as distributed by MLS GRID #12711953 Report a problem
    7/23/2026Listed for sale$199,900+227.7%$122/sqft
    Source: MRED as distributed by MLS GRID #12711953 Report a problem
    6/26/2009Sold$61,000+0.2%$37/sqft
    Source: MRED as distributed by MLS GRID #07217174 Report a problem
    5/29/2009Listed for sale$60,900-60.7%$37/sqft
    Source: Prudential Real Estate #07217174 Report a problem
    1/22/2003Sold$155,000$95/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,764 +4.4%$83,556 +8.6%
    2024$5,519 +5.2%$76,960 +10.7%
    2023$5,245 +5.4%$69,527 +9.7%
    2022$4,977 +4.7%$63,397 +7%
    2021$4,753 +3%$59,271 +4.8%
    2020$4,613 +3.1%$56,583 +5%
    2019$4,474 +1.1%$53,899 +6.2%
    2018$4,427 +2.5%$50,776 +5.8%
    2017$4,320 -9%$48,001 +7.8%
    2016$4,749 $44,532 +9.1%
    2015-- $40,817 +1.3%
    2014-- $40,313 -2.6%
    2013-- $41,377 -7.4%
    2012-- $44,693 -10.7%
    2011-- $50,031 -9.6%
    2010-- $55,374 -6.7%
    2009-- $59,363
    2008-- $59,363 +3.3%
    2007-- $57,455 +4.2%
    2006-- $55,144 +6.5%
    2005-- $51,783 +6.8%
    2004-- $48,504 +15.4%
    2003-- $42,021 -1%
    2002-- $42,465 +7.4%
    2001-- $39,521 +5.1%
    2000-- $37,610
    Find assessor info on the county website

    Neighborhood: Near West Elgin

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Highland Elementary School
    • Middle: Kimball Middle School
    • High: Larkin High School
    • District: 46

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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