514 Locust St

Elgin, IL 60123

$199,900
Price
3
Beds
1,640 Sq. Ft.
$122 / Sq. Ft.
1,640
Sq. Ft.
$122
per Sq. Ft.
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Description

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...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.
  1. Listed by Sarah Leonard • Legacy Properties, A Sarah Leonard Company, LLC
    P: (224)-239-3966 sarah@sarahleonardsells.com
  2. Listed by James Brown • Legacy Properties, A Sarah Leonard Company, LLC
    P: (224)-999-9100 C: (224)-629-9873 jim@sarahleonardsells.com

Property Details for 514 Locust Street

Area
Elgin
Township
Elgin
Ownership
Fee Simple
Num Of Garage Spaces
1.0
Num Of Parking Spaces
1.0
Air Conditioning Type
None
Heat/Fuel
Natural Gas
Architectural Style
Traditional
LISTING UPDATED: 07/23/2026 04:25 PM

Property Details for 514 Locust Street

StatusNew
MLS #12711953
Taxes$5,764 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeDetached Single / 1.5 Story
Year Built1910
Lot Size0.32 AC / 13,939 SF
CountyKane County
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Location

Listing Courtesy of Legacy Properties, A Sarah Leonard Company, LLC
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Building Information for 514 Locust Street

Stories-Year Built1910Building Size-Lot Size0.32 AC / 13,939 SF

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$1,496 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,016

Property Taxes

$480

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 514 Locust Street

General Information
School Information
  • Elementary School District: 46
  • Elementary School: Highland Elementary School
  • Jr High Middle School: Kimball Middle School
  • High School District: 46
  • High School: Larkin High School
  • Middle Or Junior School District: 46
Addtl Parking Information
  • Parking Details: Yes, Garage Owned, Detached, Garage
Taxes and HOA Information
  • Association Fee Frequency: Not Applicable
  • Association Fee Includes: None
  • Master Association Fee Frequency: Not Required
Property Information
Interior Features
  • Num Of Rooms: 7
  • Bedrooms Total: 3
  • Bedrooms (Below Grade): 0
  • Basement Type: Unfinished, Full
  • Bedrooms Possible: 3
  • Air Conditioning: None
  • Electric: Circuit Breakers
  • Basement Bathrooms: No
  • Room Type: Enclosed Porch
  • Num of Baths: 1.1
Exterior Features
  • Type: 1.5 Story
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Public
  • Appliances: Range, Refrigerator
  • Other Equipment: Water Heater-Gas
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Type Detached: 1.5 Story
  • Total Sq Ft: 0
  • Aprox Total Finished Sq Ft: 0
  • Total Finished and Unfin Sq Ft: 0
  • Lot Size: .25-.49 Acre
  • Lot Dimensions: 13866
  • Waterfront: No
  • Disability Access and/or Equipped: No
  • Exterior Building Type: Aluminum Siding, Vinyl Siding, Steel Siding
  • Construction: Aluminum Siding, Vinyl Siding, Steel Siding
  • General Information: None
  • North Coordinate: 11
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 34
  • Living Area Source: Assessor
Property and Assessments
  • Public Document Count: 1
  • Document Date: 2026-07-23T18:29:24
  • Photos Count: 25
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Room Information
Master Bedroom Information
  • Master Bedroom Level: Second
  • Room Type: Master Bedroom
  • Master Bedroom Bath: None
  • Master Bedroom Dimensions: 15X11
Bedroom #2 Information
  • 2nd Bedroom Level: Second
  • Room Type: Bedroom 2
  • Bedroom #2 Room Dimensions: 12X9
Bedroom #3 Information
  • 3rd Bedroom Level: Second
  • Room Type: Bedroom 3
  • Bedroom #3 Room Dimensions: 11X10
Bedroom #4 Information
  • 4th Bedroom Level: N/A
  • Room Type: Bedroom 4
Dining Room Information
  • Dining Room Level: Main
  • RoomType_DR: Dining Room
  • Dining Room Dimensions: 11X9
Family Room Information
  • Family Room Level: Main
  • RoomType_FR: Family Room
  • Family Room Dimensions: 19X13
Kitchen Information
  • Kitchen Level: Main
  • RoomType_KT: Kitchen
  • Kitchen Dimensions: 15X12
Laundry Information
  • Laundry Level: N/A
  • Room Type: Laundry
Living Room Information
  • Living Room Level: Main
  • Room Type: Living Room
  • Living Room Dimensions: 15X12
Enclosed Porch Information
  • Room Level: Main
  • Room Type: Enclosed Porch
  • Dimensions: 17X8

Property History for 514 Locust Street

DateEvent & SourcePriceAppreciation
Mar 19, 2003

Sold (Public Record)

Public Record #115177981

$155,000—
Jan 22, 2003

Sold (Public Record)

Public Record #111152736

$155,000—
DateEvent & SourcePrice
03/19/2003

Sold (Public Record)

Public Record #115177981

$155,000
01/22/2003

Sold (Public Record)

Public Record #111152736

$155,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 514 Locust Street

Taxable ValueLand$16,075Additions$67,481Total$83,556
Tax Record2025$5,764 ($480 / month)
Home Facts
Beds3Baths1.5Total Finished SqFt1,640 SqFtAbove Grade Finished SqFt1,640 SqFtStories2Lot Size13,866 SqFtStyleSingle Family ResidenceYear Built1910Year Renovated1910CountyKANEAPN06-14-409-035

Schools near 514 Locust Street

This home is within School District U-46.
Rating
School
Type
Grades
Distance
Washington Elementary School
Public - PK to 6
Abbott Middle School
Public - 7 to 8
Larkin High School
Public - 9 to 12
Central School Program
Public - 6 to 12
Rating
School
Distance
Washington Elementary School
PublicPK to 6

Abbott Middle School
Public7 to 8

Larkin High School
Public9 to 12

Central School Program
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 514 Locust Street, Elgin, IL 60123

514 Locust Street is a single family home for sale in Elgin, IL 60123. This property was listed for sale on July 23, 2026 by Legacy Properties, A Sarah Leonard Company, LLC, it's currently listed at $199,900. It has been on the market for a total of 4 days and was last sold on March 19, 2003. This listing's school district is School District U-46. Nearby schools include Washington Elementary School, Abbott Middle School and Larkin High School. 514 Locust Street is a 3-bed, 2-bath, 1,640 sqft single family home built in 1910.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Legacy Properties, A Sarah Leonard Company, LLC

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 07/23/2026 04:25 PM. 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.