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

566 Walnut Ave
Elgin, IL 60123

Near West Elgin
  • 3 Beds
  • 3 Baths
  • 1,428 sqft

$298,600

Trulia Estimate
as of Aug 13, 2026

$298,600

Trulia Estimate
as of Aug 13, 2026
3 Beds
3 Baths
1,428 sqft

Home Value

Trulia Estimate
$299K
Since last month
Decreased$6K (-1.8%)
Since last year
Decreased$3K (-1.1%)
Since last sale
Increased$133K (+79.9%)
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 +102% in the last 10 years
MonthEstimated value
2026
August 2026$299K
July 2026$301K
June 2026$304K
May 2026$300K
April 2026$295K
March 2026$294K
February 2026$288K
January 2026$284K
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
0.54
Multi-Family Home
$270,000
02/06/26
3
2
1,738
0.62
Multi-Family Home
$150,000
10/20/25
4
2
1,559
0.04
Multi-Family Home
$335,000
07/20/26
4
2
-
0.42
Multi-Family Home
$375,000
05/08/26
6
6
2,550
0.51
Multi-Family Home
$314,900
07/10/26
3
2
-
0.29
Multi-Family Home
$455,000
01/20/26
5
3
-
0.26
Multi-Family Home
$390,000
12/31/25
4
2
-
0.49
Multi-Family Home
$345,000
08/15/25
5
2
-
0.62
Multi-Family Home
$310,000
05/01/26
4
2.5
-
0.54
Multi-Family Home
$435,000
12/03/25
4
3
-

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
0.02
$215,000
3
1
1,600
Recently Sold
0.01
$340,900
3
3
-
Off Market
0.02
$418,700
6
3
-
Off Market
0.04
$335,000
4
2
-
Recently Sold
0.07
$314,900
3
2
1,152
Off Market
0.09
$284,500
4
1.5
1,725
For Sale
0.09
$319,500
3
1.5
-
Off Market
0.10
$411,600
4
2
1,888
Off Market
0.07
$304,300
3
2
1,420
Off Market
0.10
$283,500
4
2
1,590
Off Market
0.08
$364,400
4
2
1,802
Off Market
0.10
$245,000
2
2
1,500
Recently Sold

Local Information

  • Map ViewExplore the area around 566 Walnut Ave.
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1895
Living Area
1,428 sqft
Price/Sqft
$209
Parking
Garage

About this House

Great location with positive cash flow, live in one unit and rent the other one, and cut your mortgage payment in half. this Victorian building has two unit, one in lower part with two bedrooms and 1 bath, plenty of storage formal living room and big kitchen. the upper unit has a Big bedroom and possible two, nice kitchen, two car garage with plenty of space for a couple more outside the garage, great yard and a front porch/Deck. it has a nice basement with a extra bath good area for laundry. Make it yours today and enjoy the pride of ownership. call for a showing now.property sold as is condition, will pass FHA make and appointment today.
566 Walnut Ave, Elgin, IL 60123 is a 3 bedroom, 3 bathroom, 1,428 sqft multi-family in Near West Elgin, built in 1895. It last sold for $166,000 on Apr 20, 2020. It is currently off market. The Trulia Estimate is $298,600, with a rent estimate of $1,896/month.

Home Details for 566 Walnut Ave

Interior Features

Heating & Cooling
Heating: GasHeating Fuel: Gas
Appliances & Utilities
Refrigerator

Exterior Features

Exterior Home Features
Roof: Asphalt, OtherDeck
Parking & Garage
GarageParking Spaces: 2Parking: Garage Detached

Property Information

Year Built
Year Built: 1895
Property Type / Style
Property Type: Multi Family

Community

Units in Building: 2

Lot Information

Lot Area: 7840 sqft

Price and Tax history

DateEventPrice
Apr 20, 2020
Source: MRED as distributed by MLS GRID #10647157
Sold
$166,000
Apr 20, 2020
Source: Agent Provided
PendingToActive
$179,900
Feb 28, 2020
Source: Agent Provided
Pending
$179,900
Feb 25, 2020
Source: Agent Provided
Listed For Sale
$179,900
Apr 12, 2019
Source: Agent Provided
ListingRemoved
$175,000

Market trends in Elgin

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$337K
$15K
MoM
Sale-to-List Price
100.1%
0.1%
MoM
Price per sq ft
$207
$2
MoM
Available listings
251
12
MoM
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Around this home

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

Neighborhood Overview

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."
  • 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. "
  • 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 "
  • 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 "
  • 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"
  • 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. "
  • 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)."

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Homes for sale near 566 Walnut Ave

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Off Market Homes Near 566 Walnut Ave

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Frequently asked questions about 566 Walnut Ave

  • What is 566 Walnut Ave estimated to be worth?
    Trulia's estimated value for 566 Walnut Ave in Elgin, IL is $298,600.
  • What is the price history for 566 Walnut Ave?
    566 Walnut Ave in Elgin, IL last sold for $166,000 in April 2020.
  • 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.