5506 Walnut St, Richmond, IL 60071
OFF MARKET

$345,800

Trulia Estimate
  • 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 Home
Currently Off Market - Sold Jan 10, 2025 for $250,000

Home Value

Trulia Estimate
$346K
Since 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
MonthEstimated 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

  • Map ViewExplore the area around 5506 Walnut St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

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

Interior Features

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)

Exterior Features

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

Property Information

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

Price & Status

Price
List Price: $247,500
Status Change & Dates
Off Market Date: Sat Dec 21 2024Possession Timing: Close Of Escrow

Active Status

MLS Status: Closed

Location

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

Agent Information

Buyer Agent
Buyer Company Name: The Star Home Team

Building

Building Details
Builder Model: CUSTOM RANCH

Community

Community Features: Park

HOA

HOA Fee Includes: None

Lot Information

Lot Area: 0.45 acres

Listing Info

Special Conditions: None

Offer

Listing Terms: Conventional

Business

Business Information
Ownership: Fee Simple

Miscellaneous

BasementMls Number: 12110608Attic: UnfinishedBack On Market Date: Tue Dec 17 2024

Additional Information

ParkSource Internet Consumer CommentSource Internet Entire Listing DisplayMRD REMARKSINTERNET: YesSource Internet Address Display

Price and Tax history

DateEventPrice
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%

Market trends in Richmond

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
17
2
MoM

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.
  • Brynnagael
    "new to living here. just moved this month. it's a super quiet town. stores or a little far but not the worst. "
  • Gabrielle
    "Richmond ia a great place to raise kids with top school's in Illinois. And good old fashioned living. I loved growing up here. "
  • Jessica S.
    "There really isn't anything going on except things at the library and maybe we hear about the little shops in town but that's about it"
  • Jessica S.
    "Some owners pick up after their dogs but some don't I've noticed. Also there isn't sidewalks for dogs to go for walks but there is land that they can take walks on. "
  • Taylorbattaglia343
    "Everyone’s friendly and takes care of their animals waste. dogs all seem to be friendly as well and owners handle them with care "
  • jdm
    "Close to major highways with easy access to Lake Geneva, Milwaukee, Madison, and all the NW IL 'burbs. Schools are excellent! Parents and neighbors are active and involved in safety and looking out for each other. I've lived in 15 areas of IL and WI and this is the best!"
  • Dena S.
    "I live here - and I think it is quiet yet established, and a great place to raise a family and have staying ability for retirement - only negative would be that it is chartered area - so the cable, internet and all isn't what I prefer."

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.

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