514 Locust Street, Elgin, IL 60123 (MLS # 12711953)

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PRICE $199,900 dsIDX morgage calculator
BEDS 3
BATHS 1.5
HOME SIZE 1,640 sqft
LOT SIZE 13,940 sqft

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.

DAYS ON MARKET 3 LAST UPDATED 7/23/2026
YEAR BUILT 1910 COMMUNITY Elgin
GARAGE SPACES 1.0 COUNTY Kane
STATUS Active PROPERTY TYPE(S) Single Family

SCHOOLS
School District Larkin High School
Elementary School Highland Elementary School
Jr. High School Kimball Middle School
High School Larkin High School


ADDITIONAL DETAILS
AIR None
APPLIANCES Range, Refrigerator
AREA Elgin
BASEMENT Full, Unfinished, Yes
CONSTRUCTION Aluminum Siding, Steel Siding, Vinyl Siding
GARAGE Yes
HEAT Natural Gas
LOT 0.32 acre(s)
LOT DIMENSIONS 13866
PARKING Detached, Garage
SEWER Public Sewer
STYLE Traditional
TAXES 5764.22
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with Legacy Properties, A Sarah Leonard Company, LLC
The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of MRED. All real estate listings are marked with the Broker ReciprocitySM logo or the MRED Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.

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