571 Walnut Ave
Elgin, IL 60123
Southwest Elgin
4 Beds
2 Baths
4 Beds
2 Baths
Local Information
- Map ViewExplore the area around 571 Walnut Ave.
- Schools1 Preschool School1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
Description
Charming 2-Unit Investment Opportunity in a Prime Location! This well-maintained multi-family property features two spacious units, each offering 2 bedrooms and 1 bath. Full of character and charm, the property provides comfortable living spaces with excellent rental or owner-occupant potential. Conveniently located near shopping, dining, schools, and transportation. Being sold AS-IS. Don't miss this opportunity to own a versatile property in a highly desirable location!
Home Highlights
Parking
Garage
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
29 days ago
Home Details for 571 Walnut Ave
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MLS Status: Contingent |
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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 |
View No View |
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: Yes,Garage Owned,Detached,Garage |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Days on Market: 29 |
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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 ConstructionIs Habitable Residence |
Property Information Parcel Number: 0623205002 |
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Price List Price: $335,000 |
Status Change & Dates Possession 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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Listing Agent Listing ID: 12679370 |
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Lot Area: 6600 sqft |
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Special Conditions: None |
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Contingencies: Attorney/Inspection |
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Business Information Ownership: Fee Simple |
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BasementMls Number: 12679370Zillow Contingency Status: Under Contract |
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Source Internet Entire Listing DisplayMRD IDX Comments Reviews: NoMRD Listing On IDX Display: YesMRD Address On VOW Display: YesMRD AVM On IDX Display: NoMRD Price History On IDX Display: YesMRD Market Time On IDX Display: YesSource Internet Address DisplayMRD REMARKSINTERNET: YesMRD Remarks On VOW Display: Yes |
Last check for updates: 41 minutes ago
Listing courtesy of: Jesus Perez, (630) 878-9064
Realty of America, LLC
Source: MRED as distributed by MLS GRID, MLS#12679370
Also Listed on MRED as distributed by MLS GRID, MRED as distributed by MLS GRID.
Market trends in Elgin
Last updated June 2026
Avg. sale price
$323K
$10.67KMoM
Sale-to-List Price
100.0%
0.4%MoM
Price per sq ft
$209
$3MoM
Available listings
263
29MoM
Price History for 571 Walnut Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 06/16/2026 | $335,000 | Contingent | MRED as distributed by MLS GRID #12679370 |
| 06/16/2026 | $335,000 | Listed For Sale | MRED as distributed by MLS GRID #12679370 |
| 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 | - | |
0.55 | Multi-Family Home | $314,900 | 07/10/26 | 3 | 2 | - | |
0.53 | Multi-Family Home | $345,000 | 08/15/25 | 5 | 2 | - | |
0.68 | Multi-Family Home | $310,000 | 05/29/26 | 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 | - |
Nearby homes
Get a sense of prices in the area by checking nearby homes.
SOLDAPR 6, 2026Epic Real Estate Group, Closed
SOLDNOV 14, 2025RE/MAX American Dream, Closed
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 Review4mo ago - Larkin High School
- PK-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 Review10mo ago - Lowrie Elementary School
- K-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 
Check out schools near 571 Walnut Ave.
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Southwest Elgin
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Jesus Perez, Realty of America, LLC
Agent Phone: (630) 878-9064
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
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 currently available for sale and was listed by MRED as distributed by MLS GRID on Jun 16, 2026. The MLS # for this home is MLS# 12679370.