571 Walnut Ave
Elgin, IL 60123
Southwest Elgin
4 Beds
2 Baths
4 Beds
2 Baths
Local Information
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Description
Solid Well Maintained 2 Unit Property, buy as an investment or great opportunity to live in one unit and rent the other out! Could also work as an in law arrangement as rear unit is all on one level except for laundry. Front unit has Living Room, Dining Room, Kitchen on the first floor and Two Bedrooms and a bath upstairs. Rear Unit has Living Room, Kitchen, Bathroom and Two Bedrooms all on one level. Units have separate Water Heaters, Furnaces, Gas and Electric, one furnace and one water heater are newer. Each unit has its own storage area and Washer/Dryer in the basement. Tenants share the two car garage. Front unit has been owner occupied since 2004 and is currently vacant, rear unit is leased through 9/1 to long term tenants.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from April 26, 2024
Home Highlights
Parking
Garage
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 571 Walnut Ave
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MLS Status: Closed |
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Interior Details Basement: Unfinished,FullNumber of Rooms: 9 |
Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Appliances & Utilities Appliances: Multiple Water Heaters |
Heating & Cooling Heating: Natural Gas,SteamHas HeatingHeating Fuel: Natural Gas |
Security Security: Carbon Monoxide Detector(s) |
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Exterior Home Features Roof: AsphaltFoundation: Concrete Perimeter |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageNo Attached GarageParking Spaces: 2Parking: On Site,Garage Owned,Detached,Garage |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Year Built Year Built: 1900 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: Vinyl Siding, StuccoNot a New Construction |
Property Information Parcel Number: 0623205002 |
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Price List Price: $270,000 |
Status Change & Dates Off Market Date: Thu Mar 21 2024Possession Timing: Close Of Escrow |
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Direction & Address City: Elgin |
School Information Elementary School: Lowrie Elementary SchoolElementary School District: 46Jr High / Middle School: Abbott Middle SchoolJr High / Middle School District: 46High School: Larkin High SchoolHigh School District: 46 |
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Lot Area: 6600 sqft |
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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: 12004296Back On Market Date: Thu Mar 21 2024 |
Last check for updates: about 3 hours ago
Listed by Teresa Stultz, (630) 377-1646
Premier Living Properties
Bought with: Bertha Alvarado-Lopez, (847) 622-5115, A squared Realty LLC
Source: MRED as distributed by MLS GRID, MLS#12004296
Price History for 571 Walnut Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 04/26/2024 | $286,500 | Sold | MRED as distributed by MLS GRID #12004296 |
| 03/20/2024 | ListingRemoved | MRED as distributed by MLS GRID #12004296 | |
| 03/15/2024 | $270,000 | Listed For Sale | MRED as distributed by MLS GRID #12004296 |
| 09/17/2004 | $165,000 | Sold | N/A |
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Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $4,872 |
| Assessment | $206,631 |
Home facts updated by county records
Comparable Sales for 571 Walnut Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.04 | Multi-Family Home | $327,500 | 07/18/25 | 3 | 3 | - | |
0.29 | Multi-Family Home | $390,000 | 12/31/25 | 4 | 2 | - | |
0.53 | Multi-Family Home | $345,000 | 08/15/25 | 5 | 2 | - | |
0.33 | Multi-Family Home | $455,000 | 01/20/26 | 5 | 3 | - | |
0.61 | Multi-Family Home | $310,000 | 05/01/26 | 4 | 2.5 | - | |
0.58 | Multi-Family Home | $435,000 | 12/03/25 | 4 | 3 | - | |
0.31 | Multi-Family Home | $316,000 | 12/30/25 | 3 | 2 | - | |
1.10 | Multi-Family Home | $295,000 | 08/15/25 | 4 | 2 | - |
Assigned Schools
These are the assigned schools for 571 Walnut Ave.
- Abbott Middle School
- 7-8
- Public
- 542 Students
3/10GreatSchools RatingParent Rating Averageto much things happen and teachers don’t do anything, it sucks i don’t recommend going hereParent Review2mo ago - Larkin High School
- 9-12
- Public
- 2055 Students
3/10GreatSchools RatingParent Rating AverageMy daughter has IEP and the help she got from the school was disgraceful it was awful I don’t wish it upon anybody sending there kids hereParent Review8mo ago - Lowrie Elementary School
- PK-6
- Public
- 328 Students
3/10GreatSchools RatingParent Rating AverageBoth of my children lived with their father in Elgin IL. I started court proceedings early in the year of 2014. During court proceedings Lowrie was extremely unprofessional but the problems began far before that. My son was testing at a pre-K to kindergarten level going in to the 3rd grade. Upon my questioning why that was happening I was offered no explanation as well as no solutions. I forced my ex husband to call for a meeting in hopes to possibly get the IEP started. Lowrie proceeded to tell us that they couldn't just get him on IEP however, they would start the process. I was supposed to get a call from the school social worker one week later, she didn't call till 2 mo later. While in this meeting a Mrs Martin looked at my ex while he was rolling his eyes at me and stated "I know, its okay" meaning that me asking about my son and showing concern was somehow inappropriate. I told the principal, she showed no concern at all and showed unprofessionalism worse than her staff. This school is filthy, understaffed, staff is not equipped to handle the economic downslide, honestly there is nothing good about this school. This is all I had room for but keep your kids out of this school!Parent Review11y ago 
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Neighborhood Overview
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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
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571 Walnut Ave, Elgin, IL 60123 is a 4 bedroom, 2 bathroom multi-family built in 1900. 571 Walnut Ave is located in Southwest Elgin, Elgin. This property is not currently available for sale. 571 Walnut Ave was last sold on Apr 26, 2024 for $286,500 (6% higher than the asking price of $270,000). The current Trulia Estimate for 571 Walnut Ave is $330,700.