- 3 Beds
- 1 Bath
- 900 sqft
371 Walnut Ave #2E, Elgin, IL 60123
Home Highlights
Apartment
900 sqft
Local Information
-- mins to
About this House
Spacious second level 3 bed 1 bath 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. 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.
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 #2E, Elgin, IL 60123 is a 3 bedroom, 1 bathroom, 900 sqft apartment in Southwest Elgin. More recently, it was listed as a rental in November 2024 with an asking price of $1,900 per month. That rental listing was removed on April 15, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $1,661/month.
Home Details for 371 Walnut Ave #2E
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Heating & Cooling Heating: Forced AirHeating Fuel: Forced Air |
Appliances & Utilities MicrowaveRefrigerator |
Levels, Entrance, & Accessibility Floors: Hardwood |
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Property Type / Style Property Type: Apartment |
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Lease Term: 1 Year |
Comparable Sales for 371 Walnut Ave #2E
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
2.08 | Apartment | $167,000 | 07/01/26 | 1 | 1 | 915 sqft | |
2.46 | Apartment | $185,000 | 01/06/26 | 2 | 1 | 1,110 sqft | |
1.39 | Apartment | $1,615,000 | 05/28/26 | 12 | 10,500 sqft |
Home facts updated by county records
Nearby homes
Get a sense of prices in the area by checking nearby homes.Rental Market Trends in Southwest Elgin
Last updated Sep 2026
Trulia Rent Estimate$1,661/mo
Average rent
$2.5K
$7.4KMoM
Available listings
2
Around this home
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Price and Tax history
| Date | Event | Price |
|---|---|---|
Apr 15, 2025 Source: Zillow Rentals | ListingRemoved | $1,700 |
Mar 5, 2025 Source: Zillow Rentals | PriceChange | $1,700 Price decreased by 6% |
Jan 17, 2025 Source: Zillow Rentals | PriceChange | $1,800 Price decreased by 3% |
Dec 11, 2024 Source: Zillow Rentals | PriceChange | $1,850 Price decreased by 3% |
Nov 11, 2024 Source: Zillow Rentals | Listed For Rent | $1,900 |
Homes for rent near 371 Walnut Ave #2E
Affordability
TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.

