502 Walnut Ave, Elgin, IL 60123
OFF MARKET

502 Walnut Ave
Elgin, IL 60123

Near West Elgin
  • 2 Beds
  • 1 Bath
  • 792 sqft

$224,900

Trulia Estimate
as of May 15, 2026
Est. Refi. Payment $1,587/mo*

$224,900

Trulia Estimate
as of May 15, 2026
Est. Refi. Payment $1,587/mo*
2 Beds
1 Bath
792 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Charming Bungalow with mature landscaping. This Quaint 2 Bedroom, 1 Bathroom home would be great for someone that is looking for their first home or downsizing. The Living room & Dining room have hardwood floors. Enclosed Porch. One car detached garage with a fenced in back yard. Hot Water tank just replaced in 2022. Needs some TLC but this house could be yours.
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
No Info

Home Details for 502 Walnut Ave

Interior Features

Levels, Entrance, & Accessibility
Stories: 1

Property Information

Year Built
Year Built: 1918
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 7405 sqft

Price History for 502 Walnut Ave

DatePriceEventSource
05/02/2022$160,000Sold
MRED as distributed by MLS GRID #11346957
03/23/2022$165,000PendingRE/MAX International #11346957
03/23/2022$165,000ContingentMRED as distributed by MLS GRID #11346957
03/14/2022$165,000Listed For SaleMRED as distributed by MLS GRID #11346957
11/05/2008$139,000ListingRemovedAgent Provided
10/06/2008$139,000Listed For SaleAgent Provided
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Property Tax and Assessment

Year2024
Tax$3,723
Assessment$163,578
Home facts updated by county records

Comparable Sales for 502 Walnut Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.11
Single-Family Home
$205,000
01/09/26
2
1
904
0.06
Single-Family Home
$180,000
06/10/25
2
1
1,288
0.41
Single-Family Home
$222,000
09/09/25
2
1
775
0.07
Single-Family Home
$145,000
03/03/26
3
1
1,671
0.27
Single-Family Home
$215,000
08/29/25
2
1
1,131
0.08
Single-Family Home
$275,000
07/15/25
3
1
1,391
0.17
Single-Family Home
$249,900
11/21/25
3
1
1,140
0.32
Single-Family Home
$240,000
11/26/25
2
1
1,179
0.21
Single-Family Home
$173,600
06/30/25
1
1
521
0.08
Single-Family Home
$215,000
04/06/26
3
1
1,600

Assigned Schools

These are the assigned schools for 502 Walnut Ave.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Near West Elgin

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

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."
  • 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. "
  • 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 "
  • 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 "
  • 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"
  • 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. "
  • 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)."

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 502 Walnut Ave

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Homes for rent near 502 Walnut Ave

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Off Market Homes Near 502 Walnut Ave

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Explore by feature

502 Walnut Ave, Elgin, IL 60123 is a 2 bedroom, 1 bathroom, 792 sqft single-family home built in 1918. 502 Walnut Ave is located in Near West Elgin, Elgin. This property is not currently available for sale. 502 Walnut Ave was last sold on May 2, 2022 for $160,000. The current Trulia Estimate for 502 Walnut Ave is $224,900.