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

572 Walnut Ave
Elgin, IL 60123

Near West Elgin
  • 3 Beds
  • 3 Baths

$342,500

Trulia Estimate
as of Aug 19, 2026
Est. Refi. Payment $2,441/mo*
Refinance Your Home

$342,500

Trulia Estimate
as of Aug 19, 2026
Est. Refi. Payment $2,441/mo*
Refinance Your Home
3 Beds
3 Baths

Home Value

Trulia Estimate
$343K
Since last month
Increased$3K (+0.7%)
Since last year
Increased$13K (+4.1%)
Since last sale
Increased$15K (+4.6%)
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 +95% in the last 10 years
MonthEstimated value
2026
August 2026$343K
July 2026$340K
June 2026$346K
May 2026$343K
April 2026$337K
March 2026$338K
February 2026$329K
January 2026$335K
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
571 Walnut Ave, Elgin, IL
0.04
Multi-Family Home
$335,000
07/20/26
4
2
-
519 W Highland Ave, Elgin, IL
0.51
Multi-Family Home
$314,900
07/10/26
3
2
-
518 South St, Elgin, IL
0.29
Multi-Family Home
$455,000
01/20/26
5
3
-
624 South St, Elgin, IL
0.25
Multi-Family Home
$390,000
12/31/25
4
2
-
330 W Highland Ave, Elgin, IL
0.55
Multi-Family Home
$435,000
12/03/25
4
3
-
133 Oak St, Elgin, IL
0.63
Multi-Family Home
$310,000
05/01/26
4
2.5
-
532 South St, Elgin, IL
0.29
Multi-Family Home
$660,000
04/14/26
8
4
-
462 Ashland Ave, Elgin, IL
0.70
Multi-Family Home
$310,000
05/29/26
5
2
-

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
576 Walnut Ave, Elgin, IL 60123
0.01
$422,200
6
3
-
Off Market
571 Walnut Ave, Elgin, IL 60123
0.04
$335,000
4
2
-
Recently Sold
250 Jewett St, Elgin, IL 60123
0.06
$301,600
3
2
1,420
Off Market
552 Walnut Ave, Elgin, IL 60123
0.03
$215,000
3
1
1,600
Recently Sold
259 Gertrude St, Elgin, IL 60123
0.07
$366,200
4
2
1,802
Off Market
320 Orchard St, Elgin, IL 60123
0.08
$313,900
3
2
1,152
Off Market
Address Not Disclosed, Elgin, IL 60123
0.10
$210,000
4
2.5
1,534
Recently Sold
333 Gertrude St, Elgin, IL 60123
0.12
$324,200
6
3
-
Off Market
664 Walnut Ave, Elgin, IL 60123
0.13
$293,100
2
1.5
1,062
Off Market
618 Washburn St, Elgin, IL 60123
0.13
$220,000
3
1
1,727
Recently Sold
337 Gertrude St, Elgin, IL 60123
0.13
$291,400
3
1
1,300
Off Market

Local Information

  • Map ViewExplore the area around 572 Walnut Ave.
  • Schools2 Preschool Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1863

About this House

Well-maintained 3-unit investment property with stable rental income and long-term tenants. Main unit features 1 bed, 1 bath, and an additional room ideal for an office. Recently repainted with new carpeting. Tenant has access to storage in both the basement and back area. Basement includes shared laundry (for Unit 1), was sealed less than a year ago, and has a new water heater (2024). Radiant heat in Units 1 & 2; Unit 3 has central heat/AC. Unit 2 is a freshly updated upstairs studio with new flooring in the kitchen and bath, leased through April 2026. Unit 3 is a 1 bed, 1 bath with a long-term tenant (over 20 years) who assists with exterior upkeep. Lease runs through July 2026. Bonus income from an additional garage space currently rented as storage on a month-to-month basis at $125/month. Separate storage spaces available for each unit. Excellent location for an investment property as it's just minutes from downtown Elgin, RT20, I90, and multiple Metra stops. Great rental history and solid cash flow make this an ideal addition to any investment portfolio.
572 Walnut Ave, Elgin, IL 60123 is a 3 bedroom, 3 bathroom multi-family in Near West Elgin, built in 1863. It last sold for $327,500 on Jul 18, 2025 (1% above the $325,000 asking price). It is currently off market. The Trulia Estimate is $342,500, with a rent estimate of $2,000/month.
Last check for updates: about 11 hours ago
Listed by Andrew Stoll, ABR,e-PRO,SRS, (847) 214-1619
Stoll Real Estate
Bought with: Brian Hochstetter, (630) 465-7413, eXp Realty - Chicago North Ave
Source: MRED as distributed by MLS GRID, MLS#12378503

Home Details for 572 Walnut Ave

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Unfinished,FullNumber of Rooms: 10
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 3Number of Bathrooms (full): 3
Heating & Cooling
Heating: Natural Gas,Forced Air,Steam,Radiant,Sep Heating Systems - 2+Has HeatingHeating Fuel: Natural Gas
View
No View
Security
Security: Carbon Monoxide Detector(s)

Exterior Features

Exterior Home Features
Roof: AsphaltPatio / Porch: PorchOther Structures: Other, StorageFoundation: Concrete Perimeter
Parking & Garage
No Attached GarageParking: No Garage,Off Site,Other,Garage
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1863
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: Vinyl SidingNot a New Construction
Property Information
Parcel Number: 0623201008

Price & Status

Price
List Price: $325,000
Status Change & Dates
Off Market Date: Sun Jun 22 2025Possession Timing: Close Of Escrow, Subject To Tenant Rights

Location

Direction & Address
City: Elgin
School Information
Elementary School: Washington Elementary SchoolElementary School District: 46Jr High / Middle School: Abbott Middle SchoolJr High / Middle School District: 46High School: Larkin High SchoolHigh School District: 46

Community

Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Lot Information

Lot Area: 7850 sqft

Listing Info

Special Conditions: None

Offer

Listing Terms: Conventional

Business

Business Information
Ownership: Fee Simple

Miscellaneous

BasementMls Number: 12378503Activation Date: Thu Jun 05 2025

Additional Information

CurbsSidewalksStreet LightsStreet PavedSource Internet Consumer CommentMRD SHARE WITH CLIENTS: YesSource Internet Entire Listing DisplayMRD REMARKSINTERNET: YesSource Internet Address Display

Price and Tax history

DateEventPrice
Jul 18, 2025
Source: MRED as distributed by MLS GRID #12378503
Sold
$327,500
Jun 23, 2025
Source: MRED as distributed by MLS GRID #12378503
Contingent
$325,000
Jun 5, 2025
Source: MRED as distributed by MLS GRID #12378503
Listed For Sale
$325,000
Feb 9, 2022
Source: MRED as distributed by MLS GRID #11284521
Sold
$275,000
Dec 18, 2021
Source: MRED as distributed by MLS GRID #11284521
Contingent
$275,000

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

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

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 572 Walnut Ave

  • What is 572 Walnut Ave estimated to be worth?
    Trulia's estimated value for 572 Walnut Ave in Elgin, IL is $342,500.
  • What is the price history for 572 Walnut Ave?
    572 Walnut Ave in Elgin, IL last sold for $327,500 in July 2025.
  • 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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Off Market Homes Near 572 Walnut Ave

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