557 Morgan St
Elgin, IL 60123
3 bd 1 ba 1,500 sqft Built 1925 Lot 5,227 sqft single_family
Most recent sale
$240,000
Jul 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 29, 2022 | Sold | $240,000 | MLS #11434667 |
| Jun 14, 2022 | Listed | $220,000 | MLS #11434667 |
| Jan 18, 2006 | Sold | $177,500 | Public Record |
| Mar 5, 1998 | Sold | $107,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $54,299 | $13,812 | $68,111 | $4,380 |
| 2023 | $50,013 | $12,722 | $62,735 | $4,149 |
| 2022 | $41,199 | $10,480 | $51,679 | $4,481 |
| 2021 | $38,518 | $9,798 | $48,316 | $4,310 |
| 2020 | $36,771 | $9,354 | $46,125 | $4,207 |
| 2019 | $35,027 | $8,910 | $43,937 | $4,104 |
| 2018 | $31,715 | $8,394 | $40,109 | $3,965 |
| 2017 | $29,982 | $7,935 | $37,917 | $3,900 |
| 2016 | $27,815 | $7,362 | $35,177 | $3,752 |
| 2015 | $25,495 | $6,748 | $32,243 | $3,043 |
| 2014 | $25,180 | $6,665 | $31,845 | $3,246 |
| 2013 | $25,844 | $6,841 | $32,685 | $2,718 |
| 2012 | $34,763 | $7,389 | $42,152 | $3,695 |
| 2011 | $38,915 | $8,272 | $47,187 | $3,806 |
| 2009 | $53,678 | $9,816 | $63,494 | $4,530 |
| 2008 | $53,678 | $9,816 | $63,494 | $4,348 |
| 2007 | $51,953 | $9,501 | $61,454 | $4,290 |
| 2006 | $49,864 | $9,119 | $58,983 | $4,299 |
Property facts
Year built
1925
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,500 sqft
Lot size
5,227 sqft
ZIP code
60123
City
Elgin
Street
Morgan St
Coordinates
42.02398, -88.29164
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,700
Gross rental yield
13.50%
Implied cap rate
8.78%
Trend-extrapolated value
—
Frequently asked questions
When did 557 Morgan St last sell?
557 Morgan St most recently sold on Jul 29, 2022 for $240,000.
What is the current tax assessment for 557 Morgan St?
The most recent total assessment for 557 Morgan St (year 2024) is $68,111 with $4,380 in property tax.
How does 557 Morgan St's assessment compare to its last sale price?
The current assessment is 71.6% below the last sale price of $240,000.
When was 557 Morgan St built?
557 Morgan St was built in 1925.
How does 557 Morgan St compare to others on Morgan St?
We track 8 other properties on Morgan St. Browse the list under "Other properties on Morgan St" to compare beds, baths, and sale history.
What are the property facts for 557 Morgan St?
557 Morgan St is a 3 bed, 1 bath, 1,500 sqft, 5,227 sqft lot single_family.
Is 557 Morgan St a flip candidate?
No — 557 Morgan St does not appear in our flips dataset.
Is 557 Morgan St a tax-appeal candidate?
No — 557 Morgan St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+4.4%
Implied 1-yr
+17.5%
2026 Q2
$368.8K
2026 Q3
$381.4K
ZIP 60123 — Median Price History + Forecast
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