$345,800
- 4 Beds
- 1.5 Baths
- 2,404 sqft (on 0.45 acres)
5506 Walnut St, Richmond, IL 60071
Est. Refi. Payment $2,578/mo*
Refinance Your HomeCurrently Off Market - Sold Jan 10, 2025 for $250,000
Home Value
Trulia Estimate
$346KSince last month
Increased$5K (+1.3%)Since last year
Increased$6K (+1.8%)Since last sale
Increased$96K (+38.3%)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 +98% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $346K |
| August 2026 | $341K |
| July 2026 | $347K |
| June 2026 | $349K |
| May 2026 | $352K |
| April 2026 | $349K |
| March 2026 | $339K |
| February 2026 | $332K |
| January 2026 | $327K |
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 |
|---|---|---|---|---|---|---|---|
0.27 | Single-Family Home | $545,000 | 02/03/26 | 4 | 2 | 1,946 | |
0.26 | Single-Family Home | $180,000 | 01/21/26 | 4 | 1.5 | 1,732 | |
0.17 | Single-Family Home | $510,000 | 06/30/26 | 4 | 3 | 3,500 | |
0.28 | Single-Family Home | $410,000 | 06/18/26 | 4 | 2.5 | 1,837 | |
0.37 | Single-Family Home | $440,000 | 03/30/26 | 3 | 2 | 2,682 | |
0.50 | Single-Family Home | $390,000 | 08/20/26 | 4 | 2.5 | 1,970 | |
0.71 | Single-Family Home | $330,000 | 08/31/26 | 3 | 1.5 | 1,918 | |
0.35 | Single-Family Home | $315,000 | 10/03/25 | 3 | 2 | 3,226 | |
0.53 | Single-Family Home | $524,000 | 09/17/26 | 4 | 3 | 1,857 |
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 |
|---|---|---|---|---|---|---|
0.10 | - | 4 | 2 | - | Off Market | |
0.15 | $410,500 | 3 | 2.5 | 1,860 | Off Market | |
0.10 | $370,000 | 5 | 2 | 2,768 | For Sale | |
0.15 | $454,500 | 3 | 3 | 3,377 | Off Market | |
0.17 | $510,000 | 4 | 3 | 3,500 | Recently Sold | |
0.20 | $516,400 | 4 | 3.5 | 3,776 | Off Market | |
0.18 | $90,000 | - | - | - | Recently Sold | |
0.18 | $74,900 | - | - | - | For Sale | |
0.18 | - | - | - | - | Off Market | |
0.20 | $549,900 | 4 | 2.5 | 2,649 | Off Market | |
0.25 | $556,000 | 3 | 2 | 1,910 | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1953
0.45 acre lot
2,404 sqft
$144/sqft
4 Parking Spaces
About this House
What's unique:Boiler heatGenerously sized bedroomsMature treesQuaint country kitchenSeparate dining roomConvenient half bath
Magnificent location! Nearly 1/2 acre with mature trees backing up to a village park on the north side of Richmond. Within walking distance to downtown Richmond's destination eateries and the celebrated Prairie Trail. Lake Geneva and Lake Elizabeth are right up the road if you love shopping and boating. Roof is newer within the past 5 years - the flat portion of the roof is about 10 years old. You will love the quaint country kitchen with table space and plenty of cabinets. Open Family Room/Kitchen. Wonderful, sunny Living Room, separate Dining Room and 4 generously sized bedrooms. Updated full bath and convenient half bath. Main floor laundry in addition to basement hook ups. Boiler heat (this is the most comfortable heat you will experience!) is only 15 years old. Basement is perfect for storage. This is a charming home that has been in the same family since it was built about 70 years ago. Brand new septic system installed November 2024.
5506 Walnut St, Richmond, IL 60071 is a 4 bedroom, 2 bathroom, 2,404 sqft single-family home built in 1953. It last sold for $250,000 on Jan 10, 2025 (1% above the $247,500 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $345,800, with a rent estimate of $2,896/month.
Last check for updates: about 2 hours ago
Listed by Elise Livingston, (815) 347-2807
RE/MAX Plaza
Bought with: Jim Starwalt, ABR,CRS,CSC,GRI, Better Homes and Garden Real Estate Star Homes
Source: MRED as distributed by MLS GRID, MLS#12110608

Home Details for 5506 Walnut St
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Interior Details Basement: Unfinished,PartialNumber of Rooms: 8Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, 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: 2404 Square Feet |
Appliances & Utilities Appliances: Range, Dishwasher, Refrigerator, Freezer, Washer, DryerDishwasherDryerLaundry: Main Level,In Unit,Laundry ClosetRefrigeratorWasher |
Heating & Cooling Heating: Natural Gas,Steam,Baseboard,RadiantHas CoolingAir Conditioning: Wall Unit(s)Has HeatingHeating Fuel: Natural Gas |
Fireplace & Spa No Spa |
Levels, Entrance, & Accessibility Stories: 1Accessibility: No Disability Access |
View No View |
Security Security: Carbon Monoxide Detector(s) |
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Exterior Home Features Roof: AsphaltPatio / Porch: DeckFoundation: Concrete Perimeter |
Parking & Garage No Attached GarageParking Spaces: 4Parking: Off Street,Side Apron,On Site |
Frontage Not on Waterfront |
Water & Sewer Sewer: Septic Tank |
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Year Built Year Built: 1953 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch |
Building Not a New Construction |
Property Information Parcel Number: 0409251011Model Home Type: CUSTOM RANCH |
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Price List Price: $247,500 |
Status Change & Dates Off Market Date: Sat Dec 21 2024Possession Timing: Close Of Escrow |
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MLS Status: Closed |
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Direction & Address City: Richmond |
School Information Elementary School: Richmond Grade SchoolElementary School District: 2Jr High / Middle School: Nippersink Middle SchoolJr High / Middle School District: 2High School: Richmond-Burton Community High SHigh School District: 157 |
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Buyer Agent Buyer Company Name: The Star Home Team |
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Building Details Builder Model: CUSTOM RANCH |
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Community Features: Park |
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HOA Fee Includes: None |
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Lot Area: 0.45 acres |
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Special Conditions: None |
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Listing Terms: Conventional |
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Business Information Ownership: Fee Simple |
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BasementMls Number: 12110608Attic: UnfinishedBack On Market Date: Tue Dec 17 2024 |
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ParkSource Internet Consumer CommentSource Internet Entire Listing DisplayMRD REMARKSINTERNET: YesSource Internet Address Display |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jan 10, 2025 Source: MRED as distributed by MLS GRID #12110608 | Sold | $250,000 |
Dec 21, 2024 Source: MRED as distributed by MLS GRID #12110608 | Contingent | $247,500 |
Dec 17, 2024 Source: MRED as distributed by MLS GRID #12110608 | PendingToActive | $247,500 |
Aug 1, 2024 Source: MRED as distributed by MLS GRID #12110608 | Contingent | $247,500 |
Jul 25, 2024 Source: MRED as distributed by MLS GRID #12110608 | PriceChange | $247,500 Price decreased by 10% |
Jul 14, 2024 Source: MRED as distributed by MLS GRID #12110608 | Listed For Sale | $274,900 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $6,111 | $239,025 |
Home facts updated by county records
Market trends in Richmond
Last updated August 2026
Avg. sale price
—
Sale-to-List Price
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Price per sq ft
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Available listings
17
2MoM
Around this home
What Locals Say about Richmond
At least 18 Trulia users voted on each feature.
92 % Say it's dog friendly
88 % Say car is needed
79 % Say people would walk alone at night
75 % Say there's wildlife
74 % Say there's holiday spirit
73 % Say yards are well-kept
72 % Say kids play outside
66 % Say parking is easy
59 % Say it's quiet
48 % Say neighbors are friendly
45 % Say it's walkable to grocery stores
43 % Say it's walkable to restaurants
42 % Say they plan to stay for at least 5 years
40 % Say there are sidewalks
36 % Say there are community events
25 % Say streets are well-lit
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

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
Frequently asked questions about 5506 Walnut St
- What is 5506 Walnut St estimated to be worth?Trulia's estimated value for 5506 Walnut St in Richmond, IL is $345,800.
- What is the price history for 5506 Walnut St?5506 Walnut St in Richmond, IL last sold for $250,000 in January 2025.
- Is Richmond a buyer's or seller's market?Richmond is currently a seller's market, based on recent for-sale activity.
- What do residents say about Richmond?Residents describe Richmond, IL as dog-friendly, well-kept, and easy to park in. Most residents say you need a car. See recently sold homes in Richmond, IL.
- Does 5506 Walnut St have air conditioning?Yes, 5506 Walnut St in Richmond, IL has air conditioning.
- Does 5506 Walnut St have laundry facilities?Yes, 5506 Walnut St in Richmond, IL has in-unit laundry.