523 Walnut Ave, Elgin, IL 60123
Property image
Property image
OFF MARKET

523 Walnut Ave
Elgin, IL 60123

Southwest Elgin
  • 3 Beds
  • 1 Bath
  • 1,608 sqft

$274,400

Trulia Estimate
as of Aug 19, 2026
Est. Refi. Payment $1,970/mo*
Refinance Your Home

$274,400

Trulia Estimate
as of Aug 19, 2026
Est. Refi. Payment $1,970/mo*
Refinance Your Home
3 Beds
1 Bath
1,608 sqft

Home Value

Trulia Estimate
$274K
Since last month
Decreased$5K (-1.8%)
Since last year
Increased$9K (+3.2%)
Since last sale
Increased$154K (+128.4%)
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 +123% in the last 10 years
MonthEstimated value
2026
August 2026$274K
July 2026$279K
June 2026$278K
May 2026$275K
April 2026$268K
March 2026$265K
February 2026$257K
January 2026$258K
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
455 Walnut Ave, Elgin, IL
0.10
Single-Family Home
$145,000
03/03/26
3
1
1,671
552 Walnut Ave, Elgin, IL
0.05
Single-Family Home
$215,000
04/06/26
3
1
1,600
618 Washburn St, Elgin, IL
0.15
Single-Family Home
$220,000
07/31/26
3
1
1,727
224 Moseley St, Elgin, IL
0.11
Single-Family Home
$110,000
05/15/26
4
1
1,406
333 Elm St, Elgin, IL
0.20
Single-Family Home
$249,900
11/21/25
3
1
1,140
261 Perry St, Elgin, IL
0.16
Single-Family Home
$205,000
01/09/26
2
1
904
570 Morgan St, Elgin, IL
0.29
Single-Family Home
$260,000
01/15/26
3
1
2,004
603 Orange St, Elgin, IL
0.27
Single-Family Home
$240,000
11/26/25
2
1
1,179
50 Sheridan St, Elgin, IL
0.40
Single-Family Home
$250,000
05/05/26
3
1
1,200
210 Orchard St, Elgin, IL
0.15
Single-Family Home
$245,000
11/14/25
2
2
1,500

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
300 Moseley St, Elgin, IL 60123
0.03
$413,700
4
2
1,888
Off Market
515 Walnut Ave, Elgin, IL 60123
0.02
$284,500
4
1.5
1,725
For Sale
254 Moseley St, Elgin, IL 60123
0.07
$282,000
4
2
1,590
Off Market
552 Walnut Ave, Elgin, IL 60123
0.05
$215,000
3
1
1,600
Recently Sold
321 Orchard St, Elgin, IL 60123
0.03
$321,000
3
1.5
-
Off Market
572 Walnut Ave, Elgin, IL 60123
0.08
$342,500
3
3
-
Off Market
320 Orchard St, Elgin, IL 60123
0.05
$313,900
3
2
1,152
Off Market
224 Moseley St, Elgin, IL 60123
0.11
$110,000
4
1
1,406
Recently Sold
571 Walnut Ave, Elgin, IL 60123
0.07
$335,000
4
2
-
Recently Sold
576 Walnut Ave, Elgin, IL 60123
0.09
$422,200
6
3
-
Off Market
456 Walnut Ave, Elgin, IL 60123
0.10
$314,700
4
2
-
Off Market
229 Moseley St, Elgin, IL 60123
0.12
$224,700
2
1
807
Off Market

Local Information

  • Map ViewExplore the area around 523 Walnut Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1923
Living Area
1,608 sqft
Price/Sqft
$171
Parking
Garage

About this House

This single-family home is located at 523 Walnut Ave, Elgin, IL. 523 Walnut Ave is in the Southwest Elgin neighborhood in Elgin, IL and in ZIP code 60123. This property has 3 bedrooms, 1 bathroom and approximately 1,608 sqft of floor space. This property has a lot size of 5806 sqft and was built in 1923.
523 Walnut Ave, Elgin, IL 60123 is a 3 bedroom, 1 bathroom, 1,608 sqft single-family home in Southwest Elgin, built in 1923. It last sold for $120,000 on Dec 29, 2015. It is currently off market. The Trulia Estimate is $274,400, with a rent estimate of $2,138/month.

Home Details for 523 Walnut Ave

Interior Features

Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2Floors: Carpet, Hardwood
Interior Details
Number of Rooms: 7Types of Rooms: Dining Room, Family Room

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: Vinyl, Wood
Parking & Garage
GarageParking Space: 1Parking: Garage Attached

Property Information

Year Built
Year Built: 1923
Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Community

Units in Building: 1

Lot Information

Lot Area: 5806 sqft

Price and Tax history

DateEventPrice
Dec 29, 2015
Source: N/A
Sold
$120,000
Oct 23, 2015
Source: MRED as distributed by MLS GRID #09024224
Sold
$119,900
Dec 30, 2014
Source: MRED as distributed by MLS GRID #08717412
Sold
$51,810
Oct 31, 2014
Source: Agent Provided
Pending
$78,500
Aug 13, 2014
Source: Agent Provided
PendingToActive
$78,500

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

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

LGBTQ Local Legal Protections

Frequently asked questions about 523 Walnut Ave

  • What is 523 Walnut Ave estimated to be worth?
    Trulia's estimated value for 523 Walnut Ave in Elgin, IL is $274,400.
  • What is the price history for 523 Walnut Ave?
    523 Walnut Ave in Elgin, IL last sold for $120,000 in December 2015.
  • Is Elgin a buyer's or seller's market?
    Elgin is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Elgin?
    The median sale price in Elgin is $337K. That is up $15K from the prior month.
  • Does 523 Walnut Ave have air conditioning?
    Yes, 523 Walnut Ave in Elgin, IL has air conditioning.
  • How big is the lot at 523 Walnut Ave?
    The lot at 523 Walnut Ave in Elgin, IL is about 0.13 acres (5,806 sq ft).

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