$320,000
$10K PRICE DROP

5 Melrose Ct South Elgin, IL 60177

Estimated payment $2,547/month

3 Beds
2.5 Baths
1,628 Sq Ft
$197 Price per Sq Ft

Highlights

  • Wood Flooring
  • Stainless Steel Appliances
  • 2 Car Attached Garage
  • High Ceiling
  • Balcony
  • Living Room

About This Home

Beautifully maintained 3-bedroom, 21/2-bath townhome offering the perfect blend of comfort, space, and style! The sun-filled main level features gleaming wood floors, 9-foot ceilings, a spacious living room, and a dining area that flows seamlessly into an extended family room - perfect for entertaining or relaxing at home. The kitchen is sure to impress with rich maple cabinetry, stainless-steel appliances, and plenty of workspace, along with a convenient first-floor powder room. Upstairs, you'll find three generously sized bedrooms, including a spacious primary suite, along with two full baths and a convenient second-floor laundry area. The finished lower level provides even more living space with a cozy family room or even, a home office, or play area.

Listing Agent

Jeff Kellenberger

Preferred Homes Realty License #471000230 Listed on: 05/13/2026

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,440

Year Built

  • Built in 2007

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Entry on the 1st floor
  • Brick Exterior Construction
  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,628 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room

Kitchen

  • Range
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Partial Basement
  • Natural lighting in basement

Home Security

Schools

  • Willard Elementary School
  • Kenyon Woods Middle School
  • South Elgin High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 100 Amp Service

Additional Features

  • Balcony
  • Lot Dimensions are 22x48

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include exterior maintenance, lawn care, snow removal
  • 4 Units
  • Staff Association, Phone Number (847) 695-6400
  • River Place Subdivision
  • Property managed by Preferred Management

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,440

Year Built

Built in 2007

Lot Details

0 Sq Ft Lot

HOA Fees

$200 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: T3-Townhouse 3+ Stories
  • Ownership: Fee Simple w/ HO Assn.
  • EntryLevel: 1
  • New Construction: No
  • Property Sub-Type: T3-Townhouse 3+ Stories
  • Subdivision Name: River Place
  • Year Built: 2007
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Price Change
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: Partially Finished, Partial, Daylight
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Hardwood
  • Interior Amenities: High Ceilings
  • LivingArea: 1628
  • Other Equipment: CO Detectors
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 814
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 814
  • Flooring: Carpet

Exterior Features

  • Construction Materials: Vinyl Siding, Brick
  • ExteriorFeatures: Balcony
  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Asphalt, Garage Door Opener, Yes, Garage Owned, Attached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Washer Hookup, In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 200
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Preferred Management
  • Management Contact Name: Staff
  • Management Phone: 847-695-6400x3

Fee Information

  • Association Fee Includes: Exterior Maintenance, Lawn Care, Snow Removal

Schools

  • Elementary School: Willard Elementary School
  • High School: South Elgin High School
  • Middle/Junior School: Kenyon Woods Middle School

Lot Info

  • Lot Dimensions: 22X48
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 5
  • Pets Allowed (Y/N): No
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 7440.46
  • Tax Year: 2025
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 4

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,359 $101,257 $26,007 $75,250
2023 $7,004 $91,478 $23,495 $67,983
2022 $6,662 $83,412 $21,423 $61,989
2021 $6,269 $77,984 $20,029 $57,955
2020 $6,077 $74,448 $19,121 $55,327
2019 $5,850 $70,916 $18,214 $52,702
2018 $5,731 $66,808 $17,159 $49,649
2017 $5,442 $63,157 $16,221 $46,936
2016 $5,572 $62,608 $15,049 $47,559
2015 -- $57,386 $13,794 $43,592
2014 -- $48,581 $13,624 $34,957
2013 -- $46,463 $10,369 $36,094
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/02/2026 06/02/26 Price Changed $320,000 -2.9% $197 / Sq Ft
05/13/2026 05/13/26 For Sale $329,500 0.0% $202 / Sq Ft
08/19/2025 08/19/25 Rented $2,495 0.0% --
07/28/2025 07/28/25 Under Contract -- -- --
06/25/2025 06/25/25 For Rent $2,495 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Quit Claim Deed -- First American Title Ins Co
Warranty Deed $239,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $189,000 New Conventional
Previous Owner $239,012 Purchase Money Mortgage
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12647198

Midwest Real Estate Data (MRED)

APN: 06-26-376-056

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