514 Locust Street Elgin, IL $ 199,900
514 Locust Street
$ 199,900
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514 Locust Street

Elgin, IL, 60123
$ 199,900
Bedrooms3 Baths1.1 Sq 1,640

Monthly Estimate*

$ 1,262

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Single Family Home for sale in Elgin, IL

for $199,900 with 3 bedrooms and 1 full bath, 1 half bath. This 1,640 square foot home was built in 1910 on a lot size of 0.32.

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.

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Single Family Active

Price

$ 199,900

Bedrooms

3

Full Bath

1

Half Bath

1

Property Type

Single Family

Taxes

$ 5,764

Style

Traditional

Lot Size

0.32

Year Built

1910

Town/City

Elgin

County/Region

Kane

MLS | Web ID

12711953

Features
General
Living Area 1640
Sewer Public Sewer
Heating Natural Gas
Cooling None
Possession Closing
Appliances Range Refrigerator
HOA Fee 0
Garage Spaces 1
Association Fee Includes None
Architectural Style Traditional
Construction Materials Aluminum Siding Vinyl Siding Steel Siding
Year Built 1910
Electric Circuit Breakers
Township Elgin
Tax Year 2025
Ownership Fee Simple
Assoc Fee Paid Per Not Applicable
County Kane
New Construction N
Property Type Residential Detached Single
Total Rooms 7
Full Baths 1
Status New
Directions RT. 31 SOUTH OF RT. 19 TO LOCUST RIGHT TO PROPERTY
High School Larkin High School
City Elgin
High School District 46
MLS Area Elgin
Elementary School Highland Elementary School
Tax Annual Amount 5764.22
Middle/Junior High School Kimball Middle School
Standard Status Active
Middle/Junior School District 46
Elementary School District 46
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Interior
Basement Unfinished Full
Half Baths 1
Laundry Features Sink
Total Bedrooms 3
Room Type Enclosed Porch
Total Baths 2
Bedrooms Possible 3
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Exterior
Parking Features Yes Garage Owned Detached Garage
Water Source Public
Total Parking 1
Lot Dimensions 13866
Lot Size Acres 0.32
Waterfront Y/N N
Other Equipment Water Heater-Gas
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* Excluded Features
List By
Legacy Properties, A Sarah Leonard Company, Llc

Broker

sarah@sarahleonardsells.com

Email

Affordability Calculator

$1,743
Per Month
72%
28%
0%
Monthly Principal & Interest
$1,262
Monthly Property Taxes
$480
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5395283 Elementary School
1540256 Middle School
Larkin High School High School
Pricing History
DatePricePrice ChangeDescription
7/23/2026$199,900 Listed Price

Map


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514 Locust Street, Elgin, IL, 60123 is a Single Family Home for sale at $199,900 with 1,640 sqft and a lot size of 0.32. 514 Locust Street has 3 bedrooms, 1.1 baths, and was built in 1910. The property's zip code is 60123 which is in Elgin, IL