571 Walnut Ave, Elgin, IL 60123
SOLD
JUL 20, 2026

$336,200

Trulia Estimate
  • 4 Beds
  • 2 Baths

571 Walnut Ave, Elgin, IL 60123

Southwest Elgin
Est. Refi. Payment $2,413/mo*
Refinance Your Home
Currently Off Market - Sold Jul 20, 2026 for $335,000

Home Value

Trulia Estimate
$336K
Since last month
Increased$1K (+0.4%)
Since last year
Increased$26K (+8.5%)
Since last sale
Increased$2K (+0.5%)
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 +131% in the last 10 years
MonthEstimated value
2026
August 2026$337K
July 2026$335K
June 2026$339K
May 2026$333K
April 2026$331K
March 2026$328K
February 2026$322K
January 2026$317K
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
0.29
Multi-Family Home
$390,000
12/31/25
4
2
-
0.55
Multi-Family Home
$314,900
07/10/26
3
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 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
0.04
$346,700
3
3
-
Off Market
0.04
$416,800
6
3
-
Off Market
0.04
$310,300
3
2
1,152
Off Market
0.09
$284,500
4
1.5
1,725
For Sale
0.08
$325,100
3
1.5
-
Off Market
0.11
$418,900
4
2
1,888
Off Market
0.09
$298,400
3
2
1,420
Off Market
0.13
$278,500
4
2
1,590
Off Market
0.10
$370,800
4
2
1,802
Off Market
0.14
$245,000
2
2
1,500
Recently Sold

Local Information

  • Map ViewExplore the area around 571 Walnut Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1900
Parking
Garage

About this House

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!
571 Walnut Ave, Elgin, IL 60123 is a 4 bedroom, 2 bathroom multi-family in Southwest Elgin, built in 1900. It last sold for the $335,000 asking price on Jul 20, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $336,200, with a rent estimate of $1,699/month.
Last check for updates: about 2 hours ago
Listed by Jesus Perez, (630) 878-9064
Realty of America, LLC
Bought with: Jesus Perez, (630) 878-9064, Realty of America, LLC
Source: MRED as distributed by MLS GRID, MLS#12679370

Home Details for 571 Walnut Ave

Active Status

MLS Status: Closed

Interior Features

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)

Exterior Features

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

Property Information

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

Price & Status

Price
List Price: $335,000
Status Change & Dates
Off Market Date: Mon Jun 15 2026Possession Timing: Close Of Escrow

Location

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

Lot Information

Lot Area: 6600 sqft

Listing Info

Special Conditions: None

Offer

Listing Terms: FHA

Business

Business Information
Ownership: Fee Simple

Miscellaneous

BasementMls Number: 12679370

Additional Information

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: YesMRD REMARKSINTERNET: YesSource Internet Address DisplayMRD Remarks On VOW Display: Yes

Price and Tax history

DateEventPrice
Jul 20, 2026
Source: MRED as distributed by MLS GRID #12679370
Sold
$335,000
Jun 16, 2026
Source: MRED as distributed by MLS GRID #12679370
Contingent
$335,000
Jun 16, 2026
Source: MRED as distributed by MLS GRID #12679370
Listed For Sale
$335,000
Apr 26, 2024
Source: MRED as distributed by MLS GRID #12004296
Sold
$286,500
Mar 20, 2024
Source: MRED as distributed by MLS GRID #12004296
ListingRemoved

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

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Southwest Elgin

  • 86nasus
    "Looks like they did a really quick remodel with cut corners. Honestly, this house would have more charm if they wouldโ€™ve left it how it was you can see bad angles, more pronounced now where they painted white to look more modern. Floors are crooked and leaning, and that wouldโ€™ve been OK with original flooring."
  • Juana Valencia
    "It could be better, I see a lot of ice around, scary and makes us feel uncomfortable more restaurants and lounges needed"
  • Jokie.deguzman1251999
    "i usually walk to nearby stores,restaurants, and gas stations. otherwise i drive my car or take a uber for far locations"
  • Juanfyb 2.
    "They would like that it is a quiet neighborhood thereโ€™s not a lot of noise around and itโ€™s a good place to walk around and clear your head"
  • Grant S.
    "we are off the beaten path as far as traffic is concerned... there is a very low crime rate in our neighborhood. we have two parks relatively close. there is a grade school within a quarter mile. lots of kids in the neighborhood. even though it appears to be primarily Hispanic there are few rentals and fairly descent upkeep of the houses and landscape. it's one of the quieter neighborhoods I've been in in my 25 years here in elgin"
  • Grant S.
    "close to downtown but off the beaten path. except for trains a very quiet area. traffic tends to be too much at rush hours."
  • Amysmooch
    "I have lived here for 11yrs and I love the way everyone is friendly. And neighbors still watch all the neighborhood kids to keep them safe . "
  • Grant S.
    "quieter neighborhood.... quiet neighbors... lots of wildlife and birds. trains are a little bothersome"
  • Grant S.
    "one of the quiter neigjborhoods I've lived in in elgin over 30 yrs and 8 different locations. i think the diversity of our neighborhood ethically is well balanced and adds to the feeling."

LGBTQ Local Legal Protections

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

Frequently asked questions about 571 Walnut Ave

  • What is 571 Walnut Ave estimated to be worth?
    Trulia's estimated value for 571 Walnut Ave in Elgin, IL is $336,200.
  • What is the price history for 571 Walnut Ave?
    571 Walnut Ave in Elgin, IL last sold for $335,000 in July 2026.
  • 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.

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