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.
Pending
$199,900
514 Locust St, Elgin, IL 60123
3beds
1,640sqft
Single Family Residence
Built in 1910
0.32 Acres Lot
$-- Zestimate®
$122/sqft
$-- HOA
What's special
Three generously sized bedroomsSeparate family roomSpacious kitchenExcellent floor planGenerously sized living spacesEnclosed front porchDetached one-car garage
- --
- on Zillow |
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Likely to sell faster than
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
Source: MRED as distributed by MLS GRID,MLS#: 12711953
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: $230,880
- Annual tax amount: $5,764
- Date on market: 7/23/2026
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/26/2009 | Sold | $61,000+0.2%$37/sqft |
Source:  MRED as distributed by MLS GRID #07217174 Report a problem | ||
| 5/29/2009 | Listed for sale | $60,900-60.7%$37/sqft |
Source: Prudential Real Estate #07217174 Report a problem | ||
| 1/22/2003 | Sold | $155,000$95/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 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
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Near West Elgin
Nearby schools
GreatSchools rating
- 5/10Washington Elementary SchoolGrades: PK-6Distance: 0.4 mi
- 3/10Abbott Middle SchoolGrades: 7-8Distance: 0.6 mi
- 3/10Larkin High SchoolGrades: PK,9-12Distance: 1.2 mi
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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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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