OFF MARKET

Off market jan 2017 for $120K

$238,883

Est. refi paymentEst. refi $1,464/mo

•

1,807

sq ft

507 Prospect St, Elgin, IL 60120

About this home

Great opportunity with this turn of the century home with plenty of room. Home features spacious living room, dining room, kitchen with plenty of room for cooking up those secret family recipes. Master is located on first floor with 4 beds upstairs. The basement has a rec room and half bath with many possibilities. Out back is large patio for entertaining. Come take a look. This one won't last long!!!!

Single-familyProperty Type

1900Year Built

8,712 sq ftLot Size

$132Est. Price/Sq.Ft.

2 car garageParking

Listed by Loren Romain • Beemy Broker Illinois LLC

Bought with Ignacio Alvarez • Class REALTORS®

Redfin checked: a minute ago

•Source:MRED as Distributed by MLS Grid #09337472

Redfin Estimate

$238,883

$119K since sold in January 2017$2,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 33.9% lower than the average sale price ($362K) of 6 comparable homes.

SOLD JUL 15, 2026
$365,000
A
4 beds2 baths1,908 sq ft
509 N Spring St, Elgin, IL 60120
SOLD SEP 14, 2026
$350,000
B
4 beds2 baths1,905 sq ft
633 Lillie St, Elgin, IL 60120
BOUGHT WITH REDFIN JUL 13, 2026
$375,000
C
4 beds2 baths1,364 sq ft
354 Jefferson Ave, Elgin, IL 60120
SOLD AUG 28, 2026
$380,000
D
4 beds2 baths2,104 sq ft
725 Augusta Ave, Elgin, IL 60120
SOLD SEP 3, 2026
$300,000
E
4 beds2 baths1,699 sq ft
1010 Center St, Elgin, IL 60120
SOLD APR 10, 2026
$400,000
F
4 beds2 baths1,420 sq ft
409 Algona Ave, Elgin, IL 60120

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$150,275

Est. take-home

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Est. cash available

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Rent

$2,323/mo

Redfin rental estimate

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Market trends in 60120, IL

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

100.9%

+0.0% MoM

Median sale price

$323K

$8K MoM

Avg. days on market

45d

1 days MoM

Recently sold homes

112

13 MoM

New listings for sale

NEW 17 HRS AGO
$219,900
2 beds1 bath858 sq ft
461 Franklin Blvd, Elgin, IL 60120
OPEN SAT, 10AM TO 12PM
$226,000
2 beds2 baths1,500 sq ft
1312 Kenneth Cir, Elgin, IL 60120
$160,000
2 beds1 bath872 sq ft
774 Terrace Ct Unit R, Elgin, IL 60120
OPEN SAT, 1AM TO 3PM
$255,000
2 beds1.5 baths1,300 sq ft
1055 Woodhill Ct, Elgin, IL 60120
$349,900
2 beds2.5 baths1,900 sq ft
157 River Walk Ct, Elgin, IL 60120
$389,900
2 beds2.5 baths1,926 sq ft
1121 Loganbury Ct, Elgin, IL 60120
OPEN SUN, 1:30PM TO 4PM
$250,000
2 beds2 baths— sq ft
730 Ripple Brook Ln, Elgin, IL 60120
$582,000
5 beds3 baths3,276 sq ft
501 Glenwood Trl, Elgin, IL 60120
$225,000
2 beds2 baths1,100 sq ft
1011 Sommerset Ct Unit C, Elgin, IL 60120
$280,000
2 beds2.5 baths1,600 sq ft
1514 Keystone Ct, Elgin, IL 60120
See all

Provided by Redfin

Sale history for 507 Prospect St

Date

Event

Price

MRED as Distributed by MLS Grid #09337472

Jan 19, 2017

Sold (MLS) (Closed Sale)

$120,000

$66/sq ft

Nov 16, 2016

Pending

—

Nov 1, 2016

Contingent

—

Sep 8, 2016

Listed (New)

$130,800

$72/sq ft

Public Records

Dec 30, 2008

Sold

$176,500

$98/sq ft

MRED as Distributed by MLS Grid #07076779

Dec 20, 2008

Listing Removed

—

Dec 19, 2008

Sold (MLS) (Closed Sale)

$176,500

$98/sq ft

Nov 24, 2008

Contingent

—

Nov 18, 2008

Listed

$178,900

$99/sq ft

MRED as Distributed by MLS Grid #06846915

Aug 26, 2008

Sold (MLS) (Closed Sale)

$81,700

$45/sq ft

Aug 11, 2008

Listing Removed

—

Jul 22, 2008

Price Changed

$89,900

$50/sq ft

Jul 22, 2008

Relisted

—

Jun 20, 2008

Listing Removed

—

Apr 1, 2008

Listed

$104,900

$58/sq ft

Public Records

Jun 30, 2006

Sold

$220,000

$122/sq ft

Public Records

Jun 13, 2002

Sold

$158,000

$87/sq ft

Public Records

Aug 7, 2001

Sold

$120,000

$66/sq ft

Public Records

Feb 8, 1990

Sold

$54,000

$30/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$6,737 (+4.3%)

$18,976 + $77,325

$96,301

2024

$6,458 (+5.0%)

$18,976 + $77,325

$96,301

2023

$6,149 (+5.7%)

$17,478 + $71,221

$88,699

2022

$5,816 (+4.6%)

$15,790 + $64,343

$80,133

2021

$5,559 (+7.5%)

$14,398 + $58,670

$73,068

2020

$5,173 (+3.1%)

$13,461 + $54,852

$68,313

2019

$5,020 (+9.2%)

$12,241 + $47,505

$59,746

2018

$4,596 (−9.9%)

$12,241 + $47,505

$59,746

2017

$5,103 (+19.5%)

$11,532 + $40,950

$52,482

2016

$4,269 (+1.7%)

$10,902 + $38,712

$49,614

2015

$4,196 (+1.5%)

$10,114 + $35,914

$46,028

2013

$4,133 (−8.8%)

$9,398 + $39,259

$48,657

2012

$4,529 (+3.3%)

$9,398 + $39,259

$48,657

2011

$4,384 (−5.7%)

$10,151 + $40,165

$50,316

2010

$4,650 (+2.8%)

$12,577 + $49,343

$61,920

2009

$4,523 (+4.2%)

$12,577 + $49,343

$61,920

2008

$4,341 (+1.3%)

$13,483 + $49,922

$63,405

2007

$4,284

$13,050 + $48,318

$61,368

Tax history for 507 Prospect St

Year

Property tax

Land + Additions

Assessment*

2025

$6,737 (+4.3%)

$18,976 + $77,325

$96,301

2024

$6,458 (+5.0%)

$18,976 + $77,325

$96,301

2023

$6,149 (+5.7%)

$17,478 + $71,221

$88,699

2022

$5,816 (+4.6%)

$15,790 + $64,343

$80,133

2021

$5,559 (+7.5%)

$14,398 + $58,670

$73,068

2020

$5,173 (+3.1%)

$13,461 + $54,852

$68,313

2019

$5,020 (+9.2%)

$12,241 + $47,505

$59,746

2018

$4,596 (−9.9%)

$12,241 + $47,505

$59,746

2017

$5,103 (+19.5%)

$11,532 + $40,950

$52,482

2016

$4,269 (+1.7%)

$10,902 + $38,712

$49,614

2015

$4,196 (+1.5%)

$10,114 + $35,914

$46,028

2013

$4,133 (−8.8%)

$9,398 + $39,259

$48,657

2012

$4,529 (+3.3%)

$9,398 + $39,259

$48,657

2011

$4,384 (−5.7%)

$10,151 + $40,165

$50,316

2010

$4,650 (+2.8%)

$12,577 + $49,343

$61,920

2009

$4,523 (+4.2%)

$12,577 + $49,343

$61,920

2008

$4,341 (+1.3%)

$13,483 + $49,922

$63,405

2007

$4,284

$13,050 + $48,318

$61,368

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

8,712 Sq. Ft.

Year renovated

—

Sq. Ft.

—

Year built

1900

Style

Single Family Residential

County

Kane County

APN

0612356003

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 8, 2026.

Property details

Parking

Parking Information
# Of Cars: 2
# of Garage Spaces: 2
Parking: Garage
Garage Ownership: Owned
Garage On-Site: Yes
Garage Type: Detached

Interior

Bathroom Information
# of Baths (Full): 2
# of Baths (1/2): 1
Basement Bathrooms (Y/N): Yes

Bedroom Information
# of Bedrooms: 4
# of Bedrooms Possible: 4

Room Information
Room Type: Den
Level: Main
Dimensions: 12 x 11

Room Information
Room Type: Bedroom 2
Level: Second
Dimensions: 14 x 10

Room Information
Room Type: Bedroom 3
Level: Second
Dimensions: 14 x 09

Room Information
Room Type: Bedroom 4
Level: Second
Dimensions: 13 x 07

Room Information
Room Type: Dining Room
Level: Main
Dimensions: 17 x 10

Room Information
Room Type: Kitchen
Level: Main
Dimensions: 14 x 13

Room Information
Room Type: Living Room
Level: Main
Dimensions: 14 x 12

Room Information
Room Type: Master Bedroom
Level: Second
Dimensions: 14 x 10

Additional Rooms Information
Basement: Full
Basement Description: Partially Finished

Interior Features
# of Rooms: 8

Exterior

Building Information
Living Area Source: Appraiser
Exterior Building Type: Aluminum Siding,Vinyl Siding,Steel Siding
Age: 100+ Years
Built Before 1978 (Y/N): Yes

Property Information
Property Type: Detached Single
Property Type: 2 Stories
Ownership: Fee Simple
Rehab (Y/N): No
Parcel Number: 0612356003

Lot Information
Dimensions: 66X132
Lot Size: Less Than .25 Acre

Financial

Tax Information
Tax Annual Amount: $4,196.48
Tax Year: 2015

Financial Information
Finance Code: FHA
Special Service Area: N

Utilities

Utility Information
Water Source: Public
Sewer: Public Sewer

Heating & Cooling
Heating: Radiator(s)

Location

School Information
Elementary School District: 46
Middle Or Junior School District: 46
High School District: 46

Location Information
Township: ELGIN
Corporate Limits: ELGIN
Directions: Rt.25 & Summit. Summit West 2 Prospect. North 2 Address.

Public facts

Beds: 6
Baths: 3.0
Sq. Ft.: —
Stories: 2.0
Lot Size: 8,712 square feet
Style: Single Family Residential
Year Built: 1900
Year Renovated: —
County: Kane County
APN: 0612356003

Home facts updated by county records on Sep 8, 2026

Other

Listing Information
Holds Earnest Money: No
Possession: Closing

Around this home

Schools

Mckinley Elementary School

Public K-6 • Assigned • 0.3mi

3/10

Larsen Middle School

Public 7-8 • Assigned • 0.4mi

3/10

Elgin High School

Public 9-12 • Assigned • 2.2mi

2/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 102° expected this year, 14 days in 30 years

2/10 Wind Factor

0% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Elgin, IL • 60120

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.2 hours in June and 3.4 hours in December, placing it below the U.S. average for solar exposure.

10.2 hrs

3.4 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$227,000 – $275,000

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Nearby similar homes

NEW 17 HRS AGO

$219,900

2 beds1 bath858 sq ft

461 Franklin Blvd, Elgin, IL 60120

$319,000

4 beds1.5 baths2,000 sq ft

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3D WALKTHROUGH

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501 Glenwood Trl, Elgin, IL 60120

3D WALKTHROUGH

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New listings for sale in 60120

NEW 17 HRS AGO

$219,900

2 beds1 bath858 sq ft

461 Franklin Blvd, Elgin, IL 60120

OPEN SAT, 10AM TO 12PM

$226,000

2 beds2 baths1,500 sq ft

1312 Kenneth Cir, Elgin, IL 60120

$160,000

2 beds1 bath872 sq ft

774 Terrace Ct Unit R, Elgin, IL 60120

OPEN SAT, 1AM TO 3PM

$255,000

2 beds1.5 baths1,300 sq ft

1055 Woodhill Ct, Elgin, IL 60120

$349,900

2 beds2.5 baths1,900 sq ft

157 River Walk Ct, Elgin, IL 60120

$389,900

2 beds2.5 baths1,926 sq ft

1121 Loganbury Ct, Elgin, IL 60120

OPEN SUN, 1:30PM TO 4PM

$250,000

2 beds2 baths— sq ft

730 Ripple Brook Ln, Elgin, IL 60120

$582,000

5 beds3 baths3,276 sq ft

501 Glenwood Trl, Elgin, IL 60120

$225,000

2 beds2 baths1,100 sq ft

1011 Sommerset Ct Unit C, Elgin, IL 60120

Home values near 507 Prospect St

Data from public records.

Address	Redfin Estimate
462 Prospect St, Elgin, IL 4 Beds \| 2 Baths \| - Sq. Ft.	$259,004
503 Prospect St, Elgin, IL 6 Beds \| 2.5 Baths \| - Sq. Ft.	$362,395

Address	Redfin Estimate
471 Prospect St, Elgin, IL 2 Beds \| 1 Baths \| - Sq. Ft.	$177,919
515 Prospect St, Elgin, IL 4 Beds \| 2 Baths \| - Sq. Ft.	$387,305

Address	Redfin Estimate
464 Prospect St, Elgin, IL 2 Beds \| 2 Baths \| 1000 Sq. Ft.	$292,494
514 Prospect St, Elgin, IL 4 Beds \| 2 Baths \| 1904 Sq. Ft.	$248,128

Property information provided by MRED as Distributed by MLS Grid when last listed in 2016. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 60120, IL

Sale history for 507 Prospect St

Tax history for 507 Prospect St

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 60120

Home values near 507 Prospect St

More real estate resources