371 Walnut Ave #2, Elgin, IL 60123
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Property image
OFF MARKET

371 Walnut Ave #2
Elgin, IL 60123

Southwest Elgin
  • 2 Beds
  • 1 Bath
  • 900 sqft
2 Beds
1 Bath
900 sqft

Local Information

  • Map ViewExplore the area around 371 Walnut Ave #2.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Spacious second level 2 bed 1 bath with office freshly updated unit. Walking distance to Metra, downtown, close to ECC and highways. Freshly painted. Beautiful refinished original hardwood flooring throughout and new LVP. Brand new bathroom. Refinished butcher block kitchen countertops. Stainless steel appliances (stove, refrigerator, over-the-range microwave). Plenty of natural light with blinds and curtain rods on all windows. Dedicated furnace and water heater. Use the extra room as an office space or 3rd bedroom! The unique sliding wall allows you to decide what you want to do with the space, have two separate bedrooms or one massive room! Shared backyard for activities or games and new two-story deck. Safety is key in this property with code entry to common areas and two locks per door. One long shared driveway and plenty of street parking is available. New shared laundry and storage units available in the basement.

Water and basic garbage are included in the rent, the resident pays all other utilities. No smoking in the unit or on the property. No pets.

Monthly rent: $1700
Security deposit: $2000
Renter's insurance is required to be held by residents.
1 year lease minimum

Qualification:
Application fee: $45 per applicant
The applicant's monthly household income must exceed three times the rent. All income must be from a verifiable source. Unverifiable income will not be considered.
Applicants must receive positive references from all previous landlords for the previous 5 years.
Applicant may not have any evictions or unpaid judgments from previous landlords.
Credit score should be 600 or higher - negotiable.
A background check will be conducted on all applicants over 18.
Occupancy is limited to 2 people per bedroom.

At landlord's discretion, compensating factors such as an additional security deposit or co-signer (guarantor) may be required for qualification if Applicant fails to meet any one of the above requirements.
371 Walnut Ave #2, Elgin, IL 60123 is a 2 bedroom, 1 bathroom, 900 sqft apartment in Southwest Elgin. More recently, it was listed as a rental in March 2025 with an asking price of $1,700 per month. That rental listing was removed on April 15, 2025. It is currently off market. The Trulia Estimate rent is $1,494/month.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 371 Walnut Ave #2

Interior Features

Heating & Cooling
Heating: Forced AirHeating Fuel: Forced Air
Appliances & Utilities
MicrowaveRefrigerator
Levels, Entrance, & Accessibility
Floors: Hardwood

Property Information

Property Type / Style
Property Type: Apartment

Rental Terms, Policies & Fees

Lease Term: 1 Year

Price History for 371 Walnut Ave #2

DatePriceEventSource
04/15/2025$1,700ListingRemovedZillow Rentals
03/05/2025$1,700Listed For RentZillow Rentals

Market trends in Elgin

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$313K
$11.67KMoM
Sale-to-List Price
99.6%
Price per sq ft
$206
$3MoM
Available listings
234
30MoM
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Comparable Sales for 371 Walnut Ave #2

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
3 N Liberty St, Elgin, IL
1.19
Apartment
$340,000
08/29/25
3
1
1,200
1063 Manchester Ct, South Elgin, IL
2.45
Apartment
$185,000
01/06/26
2
1
1,110
224 Jefferson Ave, Elgin, IL
1.40
Apartment
$1,615,000
05/28/26
12
10,500
Home facts updated by county records

Nearby homes

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Assigned Schools

These are the assigned schools for 371 Walnut Ave #2.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

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

What Locals Say about Southwest Elgin

  • Juana Valencia
    "It could be better, I see a lot of ice around, scary and makes us feel uncomfortable more restaurants and lounges needed"
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  • Jokie.deguzman1251999
    "i usually walk to nearby stores,restaurants, and gas stations. otherwise i drive my car or take a uber for far locations"
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  • Juanfyb 2.
    "They would like that it is a quiet neighborhood there’s not a lot of noise around and it’s a good place to walk around and clear your head"
    3
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  • Grant S.
    "we are off the beaten path as far as traffic is concerned... there is a very low crime rate in our neighborhood. we have two parks relatively close. there is a grade school within a quarter mile. lots of kids in the neighborhood. even though it appears to be primarily Hispanic there are few rentals and fairly descent upkeep of the houses and landscape. it's one of the quieter neighborhoods I've been in in my 25 years here in elgin"
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  • Grant S.
    "close to downtown but off the beaten path. except for trains a very quiet area. traffic tends to be too much at rush hours."
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  • Amysmooch
    "I have lived here for 11yrs and I love the way everyone is friendly. And neighbors still watch all the neighborhood kids to keep them safe . "
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  • Grant S.
    "quieter neighborhood.... quiet neighbors... lots of wildlife and birds. trains are a little bothersome"
    1
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  • Grant S.
    "one of the quiter neigjborhoods I've lived in in elgin over 30 yrs and 8 different locations. i think the diversity of our neighborhood ethically is well balanced and adds to the feeling."
    1
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Homes for sale near 371 Walnut Ave #2

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Off Market Homes Near 371 Walnut Ave #2

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