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12 Properties Within 0.5 miles of: 514 Locust, Elgin
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514 Locust
Elgin, IL 60123

  • 3 Beds
  • 1 / 1 Baths
  • 1,640 Sq. Ft.
  • Built In 1910
Price

$199,900

Est Payment
$1,500 / month (details)  
Taxes
$5,764  
Beds
3  
Baths
1 / 1  
Rooms
7  
Type
Detached  
Sq. Ft.
1,640  
Lot Size
13866  
Built
1910  
Neighborhood
Elgin  
MLS
#12711953
Status
Active

Property 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 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.

Property Map

Property Details

Rooms

Room
Level
Flooring
Size
Living Room
Main
Hardwood
15X12
Dining Room
Main
Hardwood
11X9
Kitchen
Main
Vinyl
15X12
Family Room
Main
Hardwood
19X13
Laundry
N/A
Master Bedroom
Second
Carpet
15X11
Bedroom 2
Second
Carpet
12X9
Bedroom 3
Second
Hardwood
11X10
Bedroom 4
N/A
Enclosed Porch
Main
17X8

Utilities

  • Heating Natural Gas
  • Cooling None
  • Water Public
  • Sewer Public Sewer

Additional Information

Appliances
Range, Refrigerator
Parking
1 Garage Spaces, Yes, Garage Owned, Detached, Garage
Schools
Larkin High School (46), Kimball Middle School (46), Highland Elementary School (46)

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Nearby Transportation

  • Milwaukee West 0.4 mi
  • Hwy 20 West 0.8 mi
  • Hwy 20 East 0.8 mi
  • I 90 East 2.2 mi
  • I 90 West 2.5 mi
grid
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