572 Walnut Ave, Elgin, IL 60123
SOLD
JUL 18, 2025

572 Walnut Ave
Elgin, IL 60123

Near West Elgin
  • 3 Beds
  • 3 Baths

$327,500

Last Sold: Jul 18, 2025
1% over list $325K
Est. Refi. Payment $2,256/mo*
Refinance Your Home

$327,500

Last Sold: Jul 18, 2025
1% over list $325K
Est. Refi. Payment $2,256/mo*
Refinance Your Home
3 Beds
3 Baths

Homes for sale near 572 Walnut Ave

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Apartments for Rent

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Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

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.
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 July 18, 2025

Home Highlights

Parking
No Info
Outdoor
Porch
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

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
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 PavedMRD SHARE WITH CLIENTS: Yes
Last check for updates: about 21 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

Price History for 572 Walnut Ave

DatePriceEventSource
07/18/2025$327,500Sold
MRED as distributed by MLS GRID #12378503
06/23/2025$325,000ContingentMRED as distributed by MLS GRID #12378503
06/05/2025$325,000Listed For SaleMRED as distributed by MLS GRID #12378503
02/09/2022$275,000Sold
MRED as distributed by MLS GRID #11284521
12/18/2021$275,000ContingentMRED as distributed by MLS GRID #11284521
12/10/2021$275,000Listed For SaleMRED as distributed by MLS GRID #11284521
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Property Tax and Assessment

Year2024
Tax$7,343
Assessment$299,283
Home facts updated by county records

Comparable Sales for 572 Walnut Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
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
-
39 Leonard St, Elgin, IL
0.49
Multi-Family Home
$345,000
08/15/25
5
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
-
422 Locust St, Elgin, IL
0.34
Multi-Family Home
$375,500
10/06/25
3
3
-

Assigned Schools

These are the assigned schools for 572 Walnut Ave.
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

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

Homes for rent near 572 Walnut Ave

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Off Market Homes Near 572 Walnut Ave

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Explore by feature

572 Walnut Ave, Elgin, IL 60123 is a 3 bedroom, 3 bathroom multi-family built in 1863. 572 Walnut Ave is located in Near West Elgin, Elgin. This property is not currently available for sale. 572 Walnut Ave was last sold on Jul 18, 2025 for $327,500 (1% higher than the asking price of $325,000). The current Trulia Estimate for 572 Walnut Ave is $336,300.