308 Walnut Ave, Elgin, IL 60123
OFF MARKET

$362,200

Trulia Estimate
  • 5 Beds
  • 2 Baths

308 Walnut Ave, Elgin, IL 60123

Near West Elgin
Est. Refi. Payment $2,716/mo*
Refinance Your Home
Currently Off Market - Sold May 28, 2024 for $290,000

Home Value

Trulia Estimate
$362K
Since last month
Decreased$1K (-0.3%)
Since last year
Increased$4K (+1%)
Since last sale
Increased$75K (+25.8%)
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 +134% in the last 10 years
MonthEstimated value
2026
October 2026$365K
September 2026$366K
August 2026$369K
July 2026$374K
June 2026$379K
May 2026$374K
April 2026$373K
March 2026$369K
February 2026$367K
January 2026$362K
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
462 Ashland Ave, Elgin, IL
0.43
Multi-Family Home
$310,000
05/29/26
5
2
-
571 Walnut Ave, Elgin, IL
0.37
Multi-Family Home
$335,000
07/20/26
4
2
-
133 Oak St, Elgin, IL
0.31
Multi-Family Home
$310,000
05/01/26
4
2.5
-
518 South St, Elgin, IL
0.48
Multi-Family Home
$455,000
01/20/26
5
3
-
624 South St, Elgin, IL
0.53
Multi-Family Home
$390,000
12/31/25
4
2
-
519 W Highland Ave, Elgin, IL
0.62
Multi-Family Home
$314,900
07/10/26
3
2
-
327 Billings St, Elgin, IL
0.08
Multi-Family Home
$288,000
11/05/25
5
3.5
-
330 W Highland Ave, Elgin, IL
0.59
Multi-Family Home
$435,000
12/03/25
4
3
-

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
316 Walnut Ave, Elgin, IL 60123
0.01
$386,300
5
4
2,400
Off Market
316 Walnut Ave #2, Elgin, IL 60123
0.01
-
1
1
450
Off Market
316 Walnut Ave #3, Elgin, IL 60123
0.01
$291,800
1
1
-
Off Market
304 Walnut Ave, Elgin, IL 60123
0.01
$261,100
3
2
1,428
Off Market
309 Standish St, Elgin, IL 60123
0.02
$288,000
5
2.5
1,796
Off Market
322 Walnut Ave, Elgin, IL 60123
0.02
$259,400
4
2
1,932
Off Market
315 Standish St, Elgin, IL 60123
0.02
$245,700
2
2
2,158
Off Market
303 Standish St, Elgin, IL 60123
0.03
$277,400
3
2
1,750
Off Market
279 Ely St, Elgin, IL 60123
0.03
$230,500
2
2
1,140
Off Market
321 Standish St, Elgin, IL 60123
0.03
$301,300
5
2
1,488
Off Market
321 Standish St #2, Elgin, IL 60123
0.03
$345,500
2
1
800
Off Market
326 Walnut Ave, Elgin, IL 60123
0.03
$257,400
4
2
1,824
Off Market
271 Walnut Ave, Elgin, IL 60123
0.04
$265,000
3
2
1,701
Off Market
325 Standish St, Elgin, IL 60123
0.04
$227,900
3
1
1,560
Off Market
317 Walnut Ave, Elgin, IL 60123
0.04
-
2
2
2,050
Off Market
256 Walnut Ave, Elgin, IL 60123
0.04
$334,900
3
3
-
Off Market
267 Walnut Ave, Elgin, IL 60123
0.04
$206,600
3
1
1,054
Off Market
263 Walnut Ave, Elgin, IL 60123
0.04
$250,500
Studio
2
1,392
Off Market
227 Standish St, Elgin, IL 60123
0.05
$313,700
4
2
2,104
Off Market
227 Standish St #2, Elgin, IL 60123
0.05
-
2
1
1,000
Off Market

Local Information

  • Map ViewExplore the area around 308 Walnut Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1900
Garage

About this House

Multiple Offers received, Highest & Best due Monday 4/22 @ 9am. Nicely maintained 2-flat with 9-ft. ceilings. Main floor unit has 3 bedrooms (1 being used as den) with hardwood flooring in Living Room, and 2 of 3 bedrooms on the main floor. Main floor also has a gas/woodburning stove with a mantle. 2nd floor unit, Living Room and both bedrooms have hardwood. Kitchen has beautiful built-ins instead of cabinetry. Both units have a Refrigerator and stove, common washer and dryer for use in basement. All rooms except baths have ceiling fans. 2 window A/C units will be included. 2 separate entries front and back. The home has 2 electrical panels, but gas and water are one and then just split between units. Full, unfinished basement with laundry area and lots of storage. 2-car garage (spaces separated). Newer Furnace, gas forced air. Home is hard-wired with an alarm system and is in good condition but being sold "As Is" by a Trust.
308 Walnut Ave, Elgin, IL 60123 is a 5 bedroom, 2 bathroom multi-family in Near West Elgin, built in 1900. It last sold for $290,000 on May 28, 2024 (12% above the $260,000 asking price). More recently, it was listed as a rental in June 2024 with an asking price of $1,900 per month. That rental listing was removed on July 5, 2024. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $362,200, with a rent estimate of $1,918/month.
Last check for updates: about 2 hours ago
Listed by Stella Schening, PSA,SRES, (847) 894-2882
HomeSmart Connect LLC
Bought with: Elizabeth Goodchild, CSC,GRI, (847) 691-2976, Berkshire Hathaway HomeServices Starck Real Estate
Source: MRED as distributed by MLS GRID, MLS#12010324

Home Details for 308 Walnut Ave

Interior Features

Interior Details
Basement: Unfinished,Storage Space,FullNumber of Rooms: 9
Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 2Number of Bathrooms (full): 2
Appliances & Utilities
Appliances: Gas Water Heater
Heating & Cooling
Heating: Natural Gas,Forced AirHas HeatingHeating Fuel: Natural Gas
View
No View
Security
Security: Security System, Carbon Monoxide Detector(s)

Exterior Features

Exterior Home Features
Roof: AsphaltFoundation: Other
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageNo Attached GarageHas Open ParkingParking Spaces: 6Parking: Garage Door Opener,On Site,Garage Owned,Detached,Off Street,Driveway,Owned,Garage
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: Vinyl SidingNot a New ConstructionNo Additional Parcels
Property Information
Parcel Number: 0623227012

Price & Status

Price
List Price: $260,000
Status Change & Dates
Off Market Date: Tue Apr 23 2024Possession Timing: Close Of Escrow

Active Status

MLS Status: Closed

Location

Direction & Address
City: Elgin
School Information
Elementary School District: 46Jr High / Middle School District: 46High School District: 46

Agent Information

Buyer Agent
Buyer Company Name: The Goodchild Team

Community

Community Features: Sidewalks, Street Lights, Street Paved

Lot Information

Lot Area: 8712 sqft

Listing Info

Special Conditions: None

Offer

Listing Terms: Conventional

Business

Business Information
Ownership: Fee Simple

Miscellaneous

BasementMls Number: 12010324Activation Date: Thu Apr 18 2024

Additional Information

SidewalksStreet LightsStreet PavedSource Internet Automated Valuation DisplayMRD SHARE WITH CLIENTS: YesSource Internet Entire Listing DisplayMRD REMARKSINTERNET: YesSource Internet Address Display

Price and Tax history

DateEventPrice
Jul 5, 2024
Source: Zillow Rentals
ListingRemoved
Jun 25, 2024
Source: Zillow Rentals
PriceChange
$1,700
Price decreased by 11%
Jun 18, 2024
Source: Zillow Rentals
Listed For Rent
$1,900
May 28, 2024
Source: MRED as distributed by MLS GRID #12010324
Sold
$290,000
Apr 23, 2024
Source: MRED as distributed by MLS GRID #12010324
Contingent
$260,000

Market trends in Elgin

Last updated September 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$330K
$1.67KMoM
Sale-to-List Price
100.2%
Price per sq ft
$204
$1MoM
Available listings
245
19MoM
Sourced by Trulia Market Trends

Around this home

Neighborhood Overview

Near West Elgin
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Near West Elgin

This October

Trick-or-Treat Score

Built from what locals say about Near West Elgin.
  • 96% say there are sidewalks
  • 74% say there's holiday spirit
  • 42% say neighbors are friendly
Trulia Trick or TreatStart Ghost Hunt
At least 26 Trulia users voted on each feature.

  • 96 % Say there are sidewalks

  • 86 % Say it's dog friendly

  • 78 % Say it's walkable to restaurants

  • 78 % Say yards are well-kept

  • 78 % Say parking is easy

  • 78 % Say car is needed

  • 74 % Say there's holiday spirit

  • 71 % Say kids play outside

  • 66 % Say streets are well-lit

  • 54 % Say they plan to stay for at least 5 years

  • 54 % Say it's walkable to grocery stores

  • 54 % Say people would walk alone at night

  • 44 % Say there's wildlife

  • 42 % Say neighbors are friendly

  • 33 % Say there are community events

  • 33 % Say it's quiet

Sourced by Trulia users. Learn more about our methodology.
  • Jordan S.
    "Certain parts of Elgin are great then small parts not so much but I give it a 8 out of 10 for also the lack of transportation."
    6
    Flag
  • Rebecca P.
    "Some of the streets are high traffic areas. Several families in the neighborhood. Near an elementary and middle school. There’s a nearby park and a playground at the school. "
    0
    Flag
  • Latonya J.
    "I dont really care for animals at all. And I wish that they would clean and pick up at their dogs and keep it clean "
    3
    Flag
  • Latonya J.
    "Ppl cleaning up after their dogs and be a lil more friendly. Pls and thank you and everybody would not dirty up the area and keep clean "
    0
    Flag
  • Yvonne B.
    "The traffic and new street designs are crazy. McLean and rt20 is a death trap! The center media on McLean and Lillian one way is difficult to reach stores"
    0
    Flag
  • Rebecca P.
    "I’ve lived in this neighborhood for three years and I’m quite comfortable with my neighbors. Despite living just around the corner from the fire department it’s reasonably quiet. It’s within walking distance to downtown restaurants, the park, rec center and community theater. "
    1
    Flag
  • 208 W.
    "Lots of family owned businesses. Great neighbors! Close to public and private schools. Close to many forms of transportation (highways, train station, bike path, bus stops)."
    0
    Flag

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026. 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. Click here for more information

Frequently asked questions about 308 Walnut Ave

  • What is 308 Walnut Ave estimated to be worth?
    Trulia's estimated value for 308 Walnut Ave in Elgin, IL is $362,200.
  • What is the price history for 308 Walnut Ave?
    308 Walnut Ave in Elgin, IL last sold for $290,000 in May 2024.
  • Is Elgin a buyer's or seller's market?
    Elgin is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Elgin?
    The median sale price in Elgin is $330K. That is down $1.67K from the prior month.

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