501 N Walnut St, Springfield, IL 62702
OFF MARKET

501 N Walnut St
Springfield, IL 62702

Oak Ridge
  • 3 Beds
  • 2 Baths
  • 1,414 sqft
3 Beds
2 Baths
1,414 sqft

Local Information

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Description

INVESTOR ALERT! This is a distressed property in need of repair and finishing - price is reflective. Main level features a living room, full bath, formal dining, eat-in kitchen. Upper level offers two additional large bedrooms, a sunroom and a full bath. Unfinished basement for storage. Furnace & water heater are still in place but home is in need of roof replacement. Currently a single family floor plan but original home was a duplex, so may be able to be converted. Offers a convenient central location close to downtown in Springfield High School district.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.

Home Highlights

Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
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Home Details for 501 N Walnut St

Property Information

Year Built
Year Built: 1912
Property Type / Style
Property Type: Single Family Home

Price History for 501 N Walnut St

DatePriceEventSource
02/01/2023$7,500Sold
N/A
01/03/2023$14,900PriceChange
RMLS Alliance as distributed by MLS GRID #CA1018956
12/12/2022$16,000PriceChange
RMLS Alliance as distributed by MLS GRID #CA1018956
11/19/2022$19,900PriceChange
RMLS Alliance as distributed by MLS GRID #CA1018956
11/08/2022$24,900PriceChange
RMLS Alliance as distributed by MLS GRID #CA1018956
10/30/2022$27,500Listed For SaleRMLS Alliance as distributed by MLS GRID #CA1018956
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Property Tax and Assessment

Year2024
Tax$146
Assessment$5,199
Home facts updated by county records

Comparable Sales for 501 N Walnut St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
524 W Carpenter St, Springfield, IL
0.07
Single-Family Home
$115,000
01/23/26
3
2
1,026
920 W Calhoun St, Springfield, IL
0.40
Single-Family Home
$10,000
10/06/25
3
1
1,325
202 S Glenwood Ave, Springfield, IL
0.45
Single-Family Home
$38,000
11/14/25
3
1.5
1,616
926 Patton Ave, Springfield, IL
0.36
Single-Family Home
$95,000
03/26/26
3
1.5
1,073
200 N Douglas Ave, Springfield, IL
0.42
Single-Family Home
$110,000
09/12/25
3
1.5
1,685
700 W Dorlan Ave, Springfield, IL
0.23
Single-Family Home
$120,000
10/10/25
2
2
1,008
1022 N Walnut St, Springfield, IL
0.43
Single-Family Home
$117,000
03/03/26
3
1.5
1,126
616 W Calhoun Ave, Springfield, IL
0.35
Single-Family Home
$99,000
11/14/25
2
1.5
1,262
108 S Macarthur Blvd, Springfield, IL
0.47
Single-Family Home
$60,000
01/09/26
2
1.5
1,462
519 W Herndon St, Springfield, IL
0.24
Single-Family Home
$150,000
11/26/25
3
2.5
2,311

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Assigned Schools

These are the assigned schools for 501 N Walnut St.
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

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

  • 70 % Say there's holiday spirit

  • 67 % Say it's dog friendly

  • 67 % Say kids play outside

  • 62 % Say there are sidewalks

  • 60 % Say it's walkable to grocery stores

  • 56 % Say it's quiet

  • 50 % Say it's walkable to restaurants

  • 50 % Say parking is easy

  • 50 % Say streets are well-lit

  • 44 % Say there's wildlife

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

  • 36 % Say people would walk alone at night

  • 33 % 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

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501 N Walnut St, Springfield, IL 62702 is a 3 bedroom, 2 bathroom, 1,414 sqft single-family home built in 1912. 501 N Walnut St is located in Oak Ridge, Springfield. This property is not currently available for sale. 501 N Walnut St was last sold on Feb 1, 2023 for $7,500.