562 Walnut Ave, Elgin, IL 60123
OFF MARKET

562 Walnut Ave
Elgin, IL 60123

Near West Elgin
  • 4 Beds
  • 2 Baths
  • 2,114 sqft

$297,900

Trulia Estimate
as of Aug 13, 2026

$297,900

Trulia Estimate
as of Aug 13, 2026
4 Beds
2 Baths
2,114 sqft

Home Value

Trulia Estimate
$298K
Since last month
Decreased$4K (-1.5%)
Since last year
Decreased$7K (-2.2%)
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 +83% in the last 10 years
MonthEstimated value
2026
August 2026$298K
July 2026$298K
June 2026$302K
May 2026$302K
April 2026$291K
March 2026$285K
February 2026$277K
January 2026$280K
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
407 Jewett St, Elgin, IL
0.23
Single-Family Home
$245,000
03/30/26
4
2
1,888
363 Orchard St, Elgin, IL
0.18
Single-Family Home
$279,900
12/01/25
4
1.5
1,776
212 Jewett St, Elgin, IL
0.11
Single-Family Home
$210,000
06/05/26
4
2.5
1,534
826 Kate St, Elgin, IL
0.37
Single-Family Home
$299,900
12/23/25
4
2
2,094
453 Orchard St, Elgin, IL
0.30
Single-Family Home
$324,900
04/30/26
3
2
2,340
414 Billings St, Elgin, IL
0.41
Single-Family Home
$345,000
12/12/25
4
1.5
2,110
51 Wilcox Ave, Elgin, IL
0.40
Single-Family Home
$435,000
07/09/26
4
2
2,320
210 Orchard St, Elgin, IL
0.10
Single-Family Home
$245,000
11/14/25
2
2
1,500
552 Walnut Ave, Elgin, IL
0.01
Single-Family Home
$215,000
04/06/26
3
1
1,600
316 Marguerite St, Elgin, IL
0.44
Single-Family Home
$310,000
09/19/25
4
2
1,765

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
552 Walnut Ave, Elgin, IL 60123
0.01
$215,000
3
1
1,600
Recently Sold
572 Walnut Ave, Elgin, IL 60123
0.02
$340,900
3
3
-
Off Market
576 Walnut Ave, Elgin, IL 60123
0.03
$418,700
6
3
-
Off Market
571 Walnut Ave, Elgin, IL 60123
0.04
$335,000
4
2
-
Recently Sold
320 Orchard St, Elgin, IL 60123
0.07
$314,900
3
2
1,152
Off Market
515 Walnut Ave, Elgin, IL 60123
0.08
$284,500
4
1.5
1,725
For Sale
321 Orchard St, Elgin, IL 60123
0.09
$319,500
3
1.5
-
Off Market
300 Moseley St, Elgin, IL 60123
0.09
$411,600
4
2
1,888
Off Market
250 Jewett St, Elgin, IL 60123
0.07
$304,300
3
2
1,420
Off Market
254 Moseley St, Elgin, IL 60123
0.09
$283,500
4
2
1,590
Off Market
259 Gertrude St, Elgin, IL 60123
0.09
$364,400
4
2
1,802
Off Market
210 Orchard St, Elgin, IL 60123
0.10
$245,000
2
2
1,500
Recently Sold

Local Information

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Home Highlights

Property Type
Single-Family Home
Year Built
1920
Living Area
2,114 sqft
Price/Sqft
$141

About this House

This single-family home is located at 562 Walnut Ave, Elgin, IL. 562 Walnut Ave is in the Near West Elgin neighborhood in Elgin, IL and in ZIP code 60123. This property has 4 bedrooms, 2 bathrooms and approximately 2,114 sqft of floor space. This property has a lot size of 7753 sqft and was built in 1920.
562 Walnut Ave, Elgin, IL 60123 is a 4 bedroom, 2 bathroom, 2,114 sqft single-family home in Near West Elgin, built in 1920. It is currently off market. The Trulia Estimate is $297,900, with a rent estimate of $2,769/month.

Home Details for 562 Walnut Ave

Interior Features

Levels, Entrance, & Accessibility
Stories: 3

Property Information

Year Built
Year Built: 1920
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 7753 sqft

Price and Tax history

YearProperty taxTax assessment
2024
$5,038
$236,844
Home facts updated by county records

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
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Around this home

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

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

What Locals Say about Near West Elgin

At least 26 Trulia users voted on each feature.

  • 96 % Say there are sidewalks

  • 86 % Say it's dog friendly

  • 78 % Say it's walkable to restaurants

  • 78 % Say yards are well-kept

  • 78 % Say parking is easy

  • 78 % Say car is needed

  • 74 % Say there's holiday spirit

  • 71 % Say kids play outside

  • 66 % Say streets are well-lit

  • 54 % Say they plan to stay for at least 5 years

  • 54 % Say it's walkable to grocery stores

  • 54 % Say people would walk alone at night

  • 44 % Say there's wildlife

  • 42 % Say neighbors are friendly

  • 33 % Say there are community events

  • 33 % Say it's quiet

Sourced by Trulia users. Learn more about our methodology.
  • Jordan S.
    "Certain parts of Elgin are great then small parts not so much but I give it a 8 out of 10 for also the lack of transportation."
    6
    Flag
  • Rebecca P.
    "Some of the streets are high traffic areas. Several families in the neighborhood. Near an elementary and middle school. There’s a nearby park and a playground at the school. "
    0
    Flag
  • Latonya J.
    "I dont really care for animals at all. And I wish that they would clean and pick up at their dogs and keep it clean "
    3
    Flag
  • Latonya J.
    "Ppl cleaning up after their dogs and be a lil more friendly. Pls and thank you and everybody would not dirty up the area and keep clean "
    0
    Flag
  • Yvonne B.
    "The traffic and new street designs are crazy. McLean and rt20 is a death trap! The center media on McLean and Lillian one way is difficult to reach stores"
    0
    Flag
  • Rebecca P.
    "I’ve lived in this neighborhood for three years and I’m quite comfortable with my neighbors. Despite living just around the corner from the fire department it’s reasonably quiet. It’s within walking distance to downtown restaurants, the park, rec center and community theater. "
    1
    Flag
  • 208 W.
    "Lots of family owned businesses. Great neighbors! Close to public and private schools. Close to many forms of transportation (highways, train station, bike path, bus stops)."
    0
    Flag

LGBTQ Local Legal Protections

Apartments for Rent

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Explore by feature - Pet Friendly

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Homes for sale near 562 Walnut Ave

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Off Market Homes Near 562 Walnut Ave

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Frequently asked questions about 562 Walnut Ave

  • What is 562 Walnut Ave estimated to be worth?
    Trulia's estimated value for 562 Walnut Ave in Elgin, IL is $297,900.
  • 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.
  • What do residents say about the Near West Elgin neighborhood?
    Residents describe the Near West Elgin neighborhood in Elgin, IL as pedestrian-friendly, dog-friendly, and walkable to restaurants. See recently sold homes in Near West Elgin, Elgin.
  • How big is the lot at 562 Walnut Ave?
    The lot at 562 Walnut Ave in Elgin, IL is about 0.18 acres (7,753 sq ft).