When was property at 515 Illinois Avenue built and last sold?

The property at 515 Illinois Avenue was built in 1954 and last sold on Nov 27, 2019 for $172,500.

How much is this home worth?

The estimated value of the home located at 515 Illinois Avenue is $0.

What are some comparable homes to 515 Illinois Avenue?

There are currently no comparable homes to 515 Illinois Avenue.

Elgin

60120

Southeast Elgin

515 Illinois Avenue

Sold on Jun 17, 2026

Map

$332,500

● House - Off Market

515 Illinois Avenue

Elgin, IL 60120

4 Beds

2 Baths, 1 Half Bath

2,080 Ft²

$2,060

Est. Monthly

About This Property

Charming 4-bedroom Cape Cod nestled in the heart of Elgin! This home features a bright living room filled with natural light, a spacious kitchen with plenty of cabinet storage, a built-in oven, and a cozy eating area. Two main-level bedrooms paired with a full bath offer a highly sought-after layout. The inviting sunroom is the perfect spot to enjoy your morning coffee overlooking the outdoor space. Upstairs, you'll find two generously sized bedrooms and another full bath. The finished basement provides even more living space, complete with a family room with bar area, a versatile bonus room ideal for a home office, a laundry room with utility sink, a half bath, and a dedicated workroom. A detached 2-car garage adds convenience. Ideally located just steps from the Fox River and close to shopping, dining, schools, parks, Grand Victoria Casino, and the Metra Station-this home truly has it all!

Unit Size

2,080 Ft²

Days on Market

Land Size

0.17 acres

Price per sqft

$151

Property Type

House

Property Taxes

$513

HOA Dues

Year Built

1954

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Property Highlights

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 1954

Effective Year Built: 1954
Building Count: 1
Total Rooms: 6
Bedroom Count: 4
Bathroom Count: 3
Full Bathrooms: 2
Partial Bathrooms: 3
Building Condition: 0
Building Quality: 0
Construction Type: 6
Building Style: 0
Exterior Walls Type: 0
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 0
Floor Count: 500
Living Units: 1
Floor Cover: 0
Basement Type: 8
Basement Area: 832
Garage Type: 4
Parking Space Count: 2
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 7,409

Lot Size Depth Feet: 1,370
Lot Size Frontage Feet: 540
Total Building Area: 2,080
Gross Building Area: 2,080
Building Area: 1,248
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 13

Heating: 0
Heated Square Feet: 1,248
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: J&L VAN NOSTRANDS ADDN
Land Acres: 0000000170
Standard Land Use Code: 1001
County Land Use Code: 0040
State Land Use Code: 0040
Legal Description 1: J & L VAN NOSTRANDS ADDN LOT 3 BLOCK 3

Neighborhood

School District Name: School District U-46

Census Tract: 851400

Geography

Parcel: 06-24-278-003

Block: 3
Lot: 3
Municipality: ELGIN
Latitude: 42.0262
Longitude: -88.2658

Address

Full Address: 515 Illinois Ave

Address - House Number: 515
Address - Street Name: Illinois
Address - Suffix Type: Ave
State: IL
City Name: Elgin
Carrier Code: C022
4-Digit Zip Code: 7914
Zip Code: 60120

Valuation

Tax

Tax Year: 2022

Tax Amount: $554,622
Tax Rate Code Area: EL005

Appraisal Valuation

Standard Deviation: 0.1658

Valuation Date: Nov 29, 2023
Confidence Score: 79
Final Value: 254,106
High Value: 296,247
Low Value: 211,965

Open Liens

Total Open Liens:

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Market Valuation

Market Total Value: $209,970

Market Land Value: $36,519
Market Improvement Value: $173,451

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $69,962
Assessed Land Value: $12,168
Assessed Improvements Value: $57,794

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Nov 27, 2019

Current Sale Recording Date: Dec 03, 2019
Current Sale Price:

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Current Sale Document Type: 71
Current Sale Input Document Number: 2019K058167
Previous Sale Recording Date: Jun 21, 1995
Previous Sale Contract Date: Jun 20, 1995
Previous Sale Amount: $116,000
Previous Sale Document Type: 71

Last Sale Mortgage

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Financing

First Mortgage Financing Type: FIX

Previous Mortgages

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Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Southeast Elgin

Stats & Trends

Median Asking:

$309,950

Sale Price/ft²

$212

Below Asking

0.01%

Average Days on Market

Average Home Size

1456 ft²

Average Home Age

46.5 years

Currently For Sale

22 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

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1 Bath
1,600 ft²

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Unit for rent at 418 Saint Charles Street, Elgin, IL, 60120

$1,500 /mo

2 Beds
1 Bath
900 ft²

418 Saint Charles Street #B, Elgin, IL, 60120 Listing by Saverino Carrozza

Unit for rent at 506 Barrett Street, Elgin, IL, 60120

$2,500 /mo

3 Beds
1 Bath
1,430 ft²

506 Barrett Street, Elgin, IL, 60120 Listing by Jesus Perez

Rentals Near You

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Listed by: Sarah Leonard, Legacy Properties, A Sarah Leonard Company, LLC
Data Source: MRED, MLS# MRD12634143

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.