514 Locust ST
Single Family Home $ 199,900

514 Locust ST

Elgin, IL 60123

  • 3 Beds
  • 1.5 Baths
    Full Baths: 1 Half Baths: 1
  • 1,640 SqFt
  • 0.32 Lot Size
  • 1910 Year Built
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.
Listed by Sarah Leonard of Legacy Properties, A Sarah Leonard Company, LLC

PROPERTY DETAIL

  • Key Details

    Property Type Single Family Home

    Sub Type Detached Single

    Listing Status Active

    Purchase Type For Sale

    Square Footage 1, 640 sqft

    Price per Sqft $121

    MLS Listing ID 12711953

    Style Traditional

    Bedrooms 3

    Full Baths 1

    Half Baths 1

    Year Built 1910

    Annual Tax Amount $5,764

    Tax Year 2025

    Lot Size 0.320 Acres

    Lot Dimensions 13866

    Property Sub-Type Detached Single

  • Location

    State IL

    County Kane

    Area Elgin

  • Rooms

    Basement Unfinished, Full

  • Building

    Dwelling Type Detached Single

    Building Description Aluminum Siding,Vinyl Siding,Steel Siding, No

    Sewer Public Sewer

    Water Public

    Level or Stories 1.5 Story

    Structure Type Aluminum Siding,Vinyl Siding,Steel Siding

    New Construction false

  • Interior

    Heating Natural Gas

    Cooling None

    Equipment Water Heater-Gas

    Fireplace N

    Appliance Range, Refrigerator

    Laundry Sink

  • Exterior

    Garage Spaces 1.0

  • Schools

    Elementary Schools Highland Elementary School

    Middle Schools Kimball Middle School

    High Schools Larkin High School

    School District 46 , 46, 46

  • Others

    HOA Fee Include None

    Ownership Fee Simple

    Special Listing Condition None

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