1040 N Walnut St, Springfield, IL 62702
Property image
Property image
OFF MARKET

1040 N Walnut St
Springfield, IL 62702

Oak Ridge
  • 2 Beds
  • 1 Bath
  • 720 sqft

$68,800

Trulia Estimate
as of Aug 24, 2026
Est. Refi. Payment $542/mo*
Refinance Your Home

$68,800

Trulia Estimate
as of Aug 24, 2026
Est. Refi. Payment $542/mo*
Refinance Your Home
2 Beds
1 Bath
720 sqft

Home Value

Trulia Estimate
$68.8K
Since last month
Decreased$3K (-4.2%)
Since last year
Decreased$7K (-9.7%)
Since last sale
Increased$14K (+27.2%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +71% in the last 10 years
MonthEstimated value
2026
August 2026$67K
July 2026$70K
June 2026$68K
May 2026$70K
April 2026$67K
March 2026$65K
February 2026$67K
January 2026$69K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
817 W Elliott Ave, Springfield, IL
0.14
Single-Family Home
$86,000
12/15/25
2
1
663
501 W North Grand Ave, Springfield, IL
0.23
Single-Family Home
$50,000
10/30/25
2
1
789
911 N Walnut St, Springfield, IL
0.15
Single-Family Home
$65,000
08/18/26
2
1
1,146
209 W Yates Ave, Springfield, IL
0.48
Single-Family Home
$45,000
05/15/26
2
1
969
1109 N Osburn Ave, Springfield, IL
0.12
Single-Family Home
$105,000
04/30/26
3
1
1,042
1031 N Osburn Ave, Springfield, IL
0.11
Single-Family Home
$123,000
08/29/25
2
1
1,304
1025 N Walnut St, Springfield, IL
0.05
Single-Family Home
$117,000
10/02/25
3
1
1,196
1101 N Walnut St, Springfield, IL
0.05
Single-Family Home
$107,500
08/20/26
2
2
1,071
1221 Rutledge St, Springfield, IL
0.37
Single-Family Home
$89,900
12/11/25
2
1
960

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
564 W Elliott Ave, Springfield, IL 62702
0.03
$124,700
3
1
760
Off Market
1022 N Walnut St, Springfield, IL 62702
0.04
$117,000
3
1.5
1,126
Recently Sold
1101 N Walnut St, Springfield, IL 62702
0.05
$107,500
2
2
1,071
Recently Sold
1020 N Walnut St, Springfield, IL 62702
0.05
$71,900
2
1
984
Off Market
1111 N Walnut St, Springfield, IL 62702
0.06
$144,000
3
1
1,401
Recently Sold
1025 N Walnut St, Springfield, IL 62702
0.05
$122,600
3
1
1,196
Off Market
1121 N Walnut St, Springfield, IL 62702
0.09
$115,000
4
2
1,600
Recently Sold
1048 N Osburn Ave, Springfield, IL 62702
0.07
$118,100
3
2
1,838
Off Market
1045 N Osburn Ave, Springfield, IL 62702
0.11
$119,900
3
1
1,024
Recently Sold
1039 N Osburn Ave, Springfield, IL 62702
0.11
$127,000
2
1.5
1,032
Recently Sold
1002 N Osburn Ave, Springfield, IL 62702
0.11
$40,400
1
1
1,000
Off Market

Local Information

  • Map ViewExplore the area around 1040 N Walnut St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1953
Living Area
720 sqft
Price/Sqft
$96

About this House

Nice location. Close to shopping and restaurants. Needs som TLC. Nice concrete pad for off street parking. Nice deck in the backyard. Fenced backyard. Washer, dryer, and stove stay. Selling as is.
1040 N Walnut St, Springfield, IL 62702 is a 2 bedroom, 1 bathroom, 720 sqft single-family home in Oak Ridge, built in 1953. It last sold for $52,500 on Dec 19, 2024 (12% below the $59,900 asking price). More recently, it was listed as a rental in January 2025 with an asking price of $995 per month. That rental listing was removed on February 14, 2025. It is currently off market. The Trulia Estimate is $68,800, with a rent estimate of $1,153/month.
Last check for updates: about 14 hours ago
Listed by Lori A Waggener, (217) 341-6787
The Real Estate Group, Inc.
Bought with: Lori A Waggener, (217) 341-6787, The Real Estate Group, Inc.
Originating MLS: Capital Area Association of Realtors
Source: RMLS Alliance as distributed by MLS GRID, MLS#CA1033295
Based on information submitted to the MLS GRID as of 2026-08-23 06:37:29 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information

Home Details for 1040 N Walnut St

Interior Features

Interior Details
Basement: NoneNumber of Rooms: 10Types of Rooms: Bedroom 1, Bedroom 2, Additional Level, Kitchen, Living Room, Lower Level, Main Level, Third Floor, Upper Level
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 720 Square Feet
Appliances & Utilities
Appliances: Dryer, Range, WasherDryerWasher
Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air

Exterior Features

Exterior Home Features
Roof: ShingleFoundation: Slab
Parking & Garage
No CarportNo GarageNo Attached GarageParking: Gravel
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 4

Property Information

Year Built
Year Built: 1953
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence, ResidentialArchitecture: Ranch
Building
Construction Materials: Frame, Vinyl SidingNot a New Construction
Property Information
Parcel Number: 1428.0203009

Price & Status

Price
List Price: $59,900

Active Status

MLS Status: Sold

Location

Direction & Address
City: SpringfieldCommunity: None
School Information
High School: Springfield District #186

Building

Building Area
Building Area: 720 Square Feet

Community

Not Senior Community

HOA

Association for this Listing: Capital Area Association of Realtors

Lot Information

Lot Area: 3780 sqft

Mobile R/V

Mobile Home Park
Mobile Home Units: Feet

Miscellaneous

Mls Number: CA1033295Attribution Contact: Pref: 217-341-6787

Price and Tax history

DateEventPrice
Feb 14, 2025
Source: Zillow Rentals
ListingRemoved
$995
Jan 14, 2025
Source: Zillow Rentals
Listed For Rent
$995
Dec 19, 2024
Source: RMLS Alliance as distributed by MLS GRID #CA1033295
Sold
$52,500
Dec 1, 2024
Source: RMLS Alliance as distributed by MLS GRID #CA1033295
Pending
$59,900
Nov 25, 2024
Source: RMLS Alliance as distributed by MLS GRID #CA1033295
Listed For Sale
$59,900

Market trends in Springfield

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$192K
$20.83KMoM
Sale-to-List Price
100.0%
0.3%MoM
Price per sq ft
$116
$4MoM
Available listings
342
34MoM

Around this home

Neighborhood Overview

Oak Ridge
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Oak Ridge

At least 4 Trulia users voted on each feature.

  • 89 % Say car is needed

  • 70 % Say yards are well-kept

  • 67 % Say it's dog friendly

  • 67 % Say kids play outside

  • 64 % Say there are sidewalks

  • 64 % Say there's holiday spirit

  • 60 % Say it's walkable to grocery stores

  • 56 % Say it's quiet

  • 50 % Say it's walkable to restaurants

  • 50 % Say there's wildlife

  • 50 % Say parking is easy

  • 50 % Say streets are well-lit

  • 44 % Say they plan to stay for at least 5 years

  • 36 % Say people would walk alone at night

  • 32 % Say neighbors are friendly

  • 28 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Rita Flynn
    "Friendly neighbors, no fights, peace, and quiet. A nice neighborhood for your animal. Be able to relax in your home without any worries of someone trying to break in or rob or kill you."
    1
    Flag
  • Trulia User
    "Established neighborhood with long time residents but a good mix of young and old. People look out for each other here."
    0
    Flag
  • Josephlm1979
    "quiet neighborhood where most people own their home, and have for many years. cloae to schools and amenities."
    4
    Flag
  • Nelleon6
    "We all get are grass cut at the same time know each other well. They have animals that we like to see nice people"
    1
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 1040 N Walnut St

  • What is 1040 N Walnut St estimated to be worth?
    Trulia's estimated value for 1040 N Walnut St in Springfield, IL is $68,800.
  • What is the price history for 1040 N Walnut St?
    1040 N Walnut St in Springfield, IL last sold for $52,500 in December 2024.
  • Is Springfield a buyer's or seller's market?
    Springfield is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Springfield?
    The median sale price in Springfield is $192K. That is up $20.83K from the prior month.
  • Does 1040 N Walnut St have air conditioning?
    Yes, 1040 N Walnut St in Springfield, IL has air conditioning.
  • Does 1040 N Walnut St have laundry facilities?
    Yes, 1040 N Walnut St in Springfield, IL has in-unit laundry.

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