$304,800
- 4 Beds
- 2 Baths
- 1,906 sqft
553 Walnut Ave, Elgin, IL 60123
Est. Refi. Payment $2,194/mo*
Refinance Your HomeCurrently Off Market - Sold Jul 10, 2019 for $160,000
Home Value
Trulia Estimate
$305KSince last month
Decreased$8K (-2.6%)Since last year
Increased$3K (+1%)Since last sale
Increased$144K (+90.1%)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 +77% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $304K |
| July 2026 | $312K |
| June 2026 | $312K |
| May 2026 | $310K |
| April 2026 | $304K |
| March 2026 | $298K |
| February 2026 | $292K |
| January 2026 | $293K |
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 |
|---|---|---|---|---|---|---|---|
0.19 | Single-Family Home | $245,000 | 03/30/26 | 4 | 2 | 1,888 | |
0.13 | Single-Family Home | $279,900 | 12/01/25 | 4 | 1.5 | 1,776 | |
0.14 | Single-Family Home | $145,000 | 03/03/26 | 3 | 1 | 1,671 | |
0.04 | Single-Family Home | $215,000 | 04/06/26 | 3 | 1 | 1,600 | |
0.16 | Single-Family Home | $210,000 | 06/05/26 | 4 | 2.5 | 1,534 | |
0.12 | Single-Family Home | $220,000 | 07/31/26 | 3 | 1 | 1,727 | |
0.24 | Single-Family Home | $245,000 | 08/28/26 | 4 | 3 | 1,637 | |
0.31 | Single-Family Home | $242,000 | 06/22/26 | 3 | 2 | 1,757 | |
0.38 | Single-Family Home | $299,900 | 12/23/25 | 4 | 2 | 2,094 | |
0.27 | Single-Family Home | $200,000 | 08/17/26 | 3 | 1.5 | 1,640 |
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 |
|---|---|---|---|---|---|---|
0.04 | $215,000 | 3 | 1 | 1,600 | Recently Sold | |
0.05 | $346,700 | 3 | 3 | - | Off Market | |
0.06 | $416,800 | 6 | 3 | - | Off Market | |
0.04 | $335,000 | 4 | 2 | - | Recently Sold | |
0.03 | $310,300 | 3 | 2 | 1,152 | Off Market | |
0.05 | $284,500 | 4 | 1.5 | 1,725 | For Sale | |
0.05 | $325,100 | 3 | 1.5 | - | Off Market | |
0.07 | $418,900 | 4 | 2 | 1,888 | Off Market | |
0.11 | $298,400 | 3 | 2 | 1,420 | Off Market | |
0.10 | $278,500 | 4 | 2 | 1,590 | Off Market | |
0.13 | $370,800 | 4 | 2 | 1,802 | Off Market | |
0.14 | $245,000 | 2 | 2 | 1,500 | Recently Sold |
Local Information
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Home Highlights
Property Type
Single-Family Home
Year Built
1885
Living Area
1,906 sqft
Price/Sqft
$160
Parking
Garage
About this House
This single-family home is located at 553 Walnut Ave, Elgin, IL. 553 Walnut Ave is in the Southwest Elgin neighborhood in Elgin, IL and in ZIP code 60123. This property has 4 bedrooms, 2 bathrooms and approximately 1,906 sqft of floor space. This property has a lot size of 8969 sqft and was built in 1885.
553 Walnut Ave, Elgin, IL 60123 is a 4 bedroom, 2 bathroom, 1,906 sqft single-family home in Southwest Elgin, built in 1885. It last sold for $160,000 on Jul 10, 2019. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $304,800, with a rent estimate of $2,637/month.
Home Details for 553 Walnut Ave
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Heating & Cooling Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air |
Interior Details Types of Rooms: Dining Room |
Appliances & Utilities Dishwasher |
Levels, Entrance, & Accessibility Floors: Carpet, Hardwood, Laminate |
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Exterior Home Features Roof: Asphalt, OtherDeckExterior: Vinyl |
Parking & Garage GarageParking: Garage Detached |
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Year Built Year Built: 1885 |
Property Type / Style Property Type: Single Family Home |
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Units in Building: 1 |
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Lot Area: 8969 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 10, 2019 Source: MRED as distributed by MLS GRID #10395462 | Sold | $160,000 |
Jun 4, 2019 Source: Agent Provided | Pending | $160,000 |
May 29, 2019 Source: Agent Provided | Listed For Sale | $160,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $6,829 | $292,551 |
Home facts updated by county records
Market trends in Elgin
Last updated July 2026
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
What Locals Say about Southwest Elgin
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 553 Walnut Ave
- What is 553 Walnut Ave estimated to be worth?Trulia's estimated value for 553 Walnut Ave in Elgin, IL is $304,800.
- What is the price history for 553 Walnut Ave?553 Walnut Ave in Elgin, IL last sold for $160,000 in July 2019.
- 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 553 Walnut Ave have air conditioning?Yes, 553 Walnut Ave in Elgin, IL has air conditioning.
- How big is the lot at 553 Walnut Ave?The lot at 553 Walnut Ave in Elgin, IL is about 0.21 acres (8,969 sq ft).

