515 Walnut Ave, Elgin, IL 60123
Property image
Property image
FOR SALE

$284,500

Original price: $279,500
  • 4 Beds
  • 1.5 Baths
  • 1,725 sqft

515 Walnut Ave, Elgin, IL 60123

Southwest Elgin
Est. Mortgage $2,058/mo*
Get Pre-Qualified

Home Highlights

Parking
Garage
Outdoor
Yes
HOA
None
Price/Sqft
$165
Climate Control
Forced Air, Natural Gas Heating
Listed
122 days ago

Local Information

  • Map ViewExplore the area around 515 Walnut Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

4 bedroom home with oversized 2 car garage! Hardwood floor on the main level with the large kitchen, bright dining room, large living room, first-level bedroom. 3 large bedrooms with hardwood floor and a full bath upstairs. The lower level/ basement with a laundry area and plenty additional storage space. Beautiful enclosed wrap-around front porch. Updated electrical including 220 volts in the oversized 2-car garage. Great location near downtown, restaurants, the train, and expressway.
Last check for updates: about 6 hours ago
Listing courtesy of: Dmitriy Kotlyar, (847) 962-8577
Chicagoland Brokers Inc.
Source: MRED as distributed by MLS GRID, MLS#12599919
Also Listed on MRED as distributed by MLS GRID, MRED as distributed by MLS GRID.

Home Details for 515 Walnut Ave

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: Unfinished,FullNumber of Rooms: 7Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Enclosed Porch, Family Room, Kitchen, Laundry, Living Room
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 1725 Square Feet
Appliances & Utilities
Appliances: Range, Dishwasher, Refrigerator, Washer, DryerDishwasherDryerRefrigeratorWasher
Heating & Cooling
Heating: Natural Gas,Forced AirNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Natural Gas
Fireplace & Spa
No Spa
Gas & Electric
Electric: Circuit Breakers, 200+ Amp Service
Levels, Entrance, & Accessibility
Stories: 2Accessibility: No Disability Access
View
No View

Exterior Features

Exterior Home Features
Roof: AsphaltPatio / Porch: Screened
Parking & Garage
Number of Garage Spaces: 3Number of Covered Spaces: 3Has a GarageNo Attached GarageParking Spaces: 3Parking: Asphalt,Yes,Garage Owned,Detached,Garage
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Days on Market: 122

Property Information

Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Farmhouse
Building
Construction Materials: OtherNot a New Construction
Property Information
Parcel Number: 0623206023

Price & Status

Price
List Price: $284,500Price Per Sqft: $165
Status Change & Dates
Possession Timing: Close Of Escrow

Location

Direction & Address
City: Elgin
School Information
Elementary School: Lowrie Elementary SchoolElementary School District: 46Jr High / Middle School: Abbott Middle SchoolJr High / Middle School District: 46High School: Larkin High SchoolHigh School District: 46

Agent Information

Listing Agent
Listing ID: 12599919

Community

Community Features: Curbs, Sidewalks, Street Lights

HOA

HOA Fee Includes: NoneHOA Fee: No HOA Fee

Lot Information

Lot Area: 8537.76 sqft

Listing Info

Special Conditions: None

Business

Business Information
Ownership: Fee Simple

Miscellaneous

BasementMls Number: 12599919Back On Market Date: Wed Aug 12 2026

Additional Information

CurbsSidewalksStreet LightsSource Internet Consumer CommentSource Internet Entire Listing DisplayMRD IDX Comments Reviews: YesMRD Listing On IDX Display: YesMRD Address On VOW Display: YesMRD AVM On IDX Display: YesSource Internet Automated Valuation DisplayMRD Price History On IDX Display: YesMRD Market Time On IDX Display: YesSource Internet Address DisplayMRD REMARKSINTERNET: YesMRD Remarks On VOW Display: Yes

Around this home

Neighborhood Overview

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

What Locals Say about Southwest Elgin

  • 86nasus
    "Looks like they did a really quick remodel with cut corners. Honestly, this house would have more charm if they would’ve left it how it was you can see bad angles, more pronounced now where they painted white to look more modern. Floors are crooked and leaning, and that would’ve been OK with original flooring."
    1
    Flag
  • Juana Valencia
    "It could be better, I see a lot of ice around, scary and makes us feel uncomfortable more restaurants and lounges needed"
    0
    Flag
  • Jokie.deguzman1251999
    "i usually walk to nearby stores,restaurants, and gas stations. otherwise i drive my car or take a uber for far locations"
    0
    Flag
  • 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
    Flag
  • 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"
    0
    Flag
  • 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."
    0
    Flag
  • 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 . "
    0
    Flag
  • Grant S.
    "quieter neighborhood.... quiet neighbors... lots of wildlife and birds. trains are a little bothersome"
    1
    Flag
  • 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
    Flag

Market trends in Elgin

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$337K
$15KMoM
Sale-to-List Price
100.1%
0.1%MoM
Price per sq ft
$207
$2MoM
Available listings
251
12MoM

Home Value

Trulia Estimate
$282K
Since last month
Increased$5K (+2%)
Since last year
Increased$23K (+8.8%)
Since last sale
Increased$87K (+44.5%)
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 +176% in the last 10 years
MonthEstimated value
2026
August 2026$282K
July 2026$276K
June 2026$276K
May 2026$277K
April 2026$277K
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
363 Orchard St, Elgin, IL
0.12
Single-Family Home
$279,900
12/01/25
4
1.5
1,776
552 Walnut Ave, Elgin, IL
0.07
Single-Family Home
$215,000
04/06/26
3
1
1,600
618 Washburn St, Elgin, IL
0.16
Single-Family Home
$220,000
07/31/26
3
1
1,727
455 Walnut Ave, Elgin, IL
0.09
Single-Family Home
$145,000
03/03/26
3
1
1,671
336 Wabash St, Elgin, IL
0.27
Single-Family Home
$280,000
07/09/26
4
2
1,845
212 Jewett St, Elgin, IL
0.19
Single-Family Home
$210,000
06/05/26
4
2.5
1,534
402 Orange St, Elgin, IL
0.27
Single-Family Home
$259,700
12/22/25
3
2
1,554
224 Moseley St, Elgin, IL
0.11
Single-Family Home
$110,000
05/15/26
4
1
1,406

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
321 Orchard St, Elgin, IL 60123
0.03
$325,100
3
1.5
-
Off Market
320 Orchard St, Elgin, IL 60123
0.07
$310,300
3
2
1,152
Off Market
300 Moseley St, Elgin, IL 60123
0.02
$418,900
4
2
1,888
Off Market
571 Walnut Ave, Elgin, IL 60123
0.09
$335,000
4
2
-
Recently Sold
552 Walnut Ave, Elgin, IL 60123
0.07
$215,000
3
1
1,600
Recently Sold
363 Orchard St, Elgin, IL 60123
0.12
$279,900
4
1.5
1,776
Recently Sold
254 Moseley St, Elgin, IL 60123
0.07
$278,500
4
2
1,590
Off Market
455 Walnut Ave, Elgin, IL 60123
0.09
$145,000
3
1
1,671
Recently Sold
572 Walnut Ave, Elgin, IL 60123
0.10
$346,700
3
3
-
Off Market
576 Walnut Ave, Elgin, IL 60123
0.11
$415,000
6
3
-
Off Market
456 Walnut Ave, Elgin, IL 60123
0.09
$312,300
4
2
-
Off Market

Price and Tax history

DateEventPrice
Aug 13, 2026
Source: MRED as distributed by MLS GRID #12599919
PriceChange
$284,500
Price increased by 2%
Apr 25, 2026
Source: MRED as distributed by MLS GRID #12599919
Listed For Sale
$279,500
Apr 9, 2025
Source: MRED as distributed by MLS GRID #12263726
ListingRemoved
$265,000
Mar 6, 2025
Source: MRED as distributed by MLS GRID #12263726
Contingent
$265,000
Feb 27, 2025
Source: MRED as distributed by MLS GRID #12263726
Listed For Sale
$265,000

LGBTQ Local Legal Protections

Dmitriy Kotlyar, Chicagoland Brokers Inc.
Agent Phone: (847) 962-8577
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

Similar Homes You May Like

Skip to last item
Skip to first item

New Listings near 515 Walnut Ave

Skip to last item
Skip to first item

Frequently asked questions about 515 Walnut Ave

  • What is the estimated monthly payment for 515 Walnut Ave?
    Based on a $284,500 list price with 20% down at today's rates, the estimated monthly payment for 515 Walnut Ave in Elgin, IL is approximately $2,070 (about $1,485 principal & interest, $510 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 515 Walnut Ave compare to homes in Elgin?
    515 Walnut Ave in Elgin, IL is listed at $284,500, about 15% below the $337K median sale price in Elgin.
  • What are the closest schools to 515 Walnut Ave?
    The closest schools to 515 Walnut Ave in Elgin, IL are Abbott Middle School (rated 3/10), Larkin High School (Pre-K, rated 3/10), Lowrie Elementary School (rated 3/10).
  • What is 515 Walnut Ave estimated to be worth?
    Trulia's estimated value for 515 Walnut Ave in Elgin, IL is $281,700.
  • Does 515 Walnut Ave have laundry facilities?
    Yes, 515 Walnut Ave in Elgin, IL has in-unit laundry.
  • How big is the lot at 515 Walnut Ave?
    The lot at 515 Walnut Ave in Elgin, IL is about 0.20 acres (8,538 sq ft).
515 Walnut Ave, Elgin, IL 60123 is a 4 bedroom, 2 bathroom, 1,725 sqft single-family home. 515 Walnut Ave is located in Southwest Elgin, Elgin. This property is currently available for sale and was listed by MRED as distributed by MLS GRID on Apr 25, 2026. The MLS # for this home is MLS# 12599919.