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

$265,800

Trulia Estimate
  • 4 Beds
  • 2 Baths
  • 1,752 sqft

721 Walnut Ave, Elgin, IL 60123

Southwest Elgin
Est. Refi. Payment $1,912/mo*
Refinance Your Home
Currently Off Market - Sold Aug 15, 2012 for $70,000

Home Value

Trulia Estimate
$266K
Since last month
Increased$3K (+1%)
Since last year
Increased$32K (+13.9%)
Since last sale
Increased$194K (+277.1%)
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 +72% in the last 10 years
MonthEstimated value
2026
August 2026$264K
July 2026$261K
June 2026$267K
May 2026$269K
April 2026$259K
March 2026$254K
February 2026$241K
January 2026$240K
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
0.14
Single-Family Home
$299,900
12/23/25
4
2
2,094
0.21
Single-Family Home
$310,000
09/19/25
4
2
1,765
0.28
Single-Family Home
$245,000
03/30/26
4
2
1,888
0.14
Single-Family Home
$229,000
06/18/26
4
2
1,352
0.24
Single-Family Home
$258,000
04/27/26
3
1.5
1,512
0.24
Single-Family Home
$300,000
10/01/25
3
1.5
1,800
0.30
Single-Family Home
$279,900
12/01/25
4
1.5
1,776
0.21
Single-Family Home
$290,000
06/03/26
4
2
1,060
0.16
Single-Family Home
$220,000
07/31/26
3
1
1,727
0.21
Single-Family Home
$210,000
06/05/26
4
2.5
1,534

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
0.07
$247,900
2
1
1,400
Off Market
0.08
$280,000
4
2
1,845
Recently Sold
0.09
$311,800
3
2
1,590
Off Market
0.12
$302,500
3
1.5
1,273
Off Market
0.08
$293,700
2
1.5
1,062
Off Market
0.05
$245,000
2
1
1,400
Recently Sold
0.10
$349,000
3
2
1,607
Off Market
0.10
$294,900
2
1
-
Off Market
0.07
$242,900
4
1.5
1,707
Off Market
0.14
$330,000
6
3
-
Off Market
0.14
$293,500
3
1
1,300
Off Market
0.14
$285,400
4
2
1,322
Off Market

Local Information

  • Map ViewExplore the area around 721 Walnut Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1900
Living Area
1,752 sqft
Price/Sqft
$152

About this House

Must see this 2-flat on large corner lot. Plenty of space to add a garage. Home is currently 2 units with 2 newer electrical services. Newer Lennox furnace, roof is 2 years and a deck with two sections 8x25 and 8x10. Wrap around porch. Inside of the units have been redone. If you need a large home why not convert this home from 2 units to one? You would need to unlock the door and utilitze both spaces!GreatInvestment
721 Walnut Ave, Elgin, IL 60123 is a 4 bedroom, 2 bathroom, 1,752 sqft single-family home in Southwest Elgin, built in 1900. It last sold for $70,000 on Aug 15, 2012. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $265,800, with a rent estimate of $2,611/month.

Home Details for 721 Walnut Ave

Interior Features

Levels, Entrance, & Accessibility
Stories: 2

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 8712 sqft

Price and Tax history

DateEventPrice
Aug 15, 2012
Source: MRED as distributed by MLS GRID #07858335
Sold
$70,000
Jul 17, 2011
Source: Agent Provided
Listed For Sale
$89,900
Mar 29, 2006
Source: N/A
Sold
$209,000
Oct 14, 2004
Source: N/A
Sold
$182,000

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 would’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 would’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 there’s not a lot of noise around and it’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

Frequently asked questions about 721 Walnut Ave

  • What is 721 Walnut Ave estimated to be worth?
    Trulia's estimated value for 721 Walnut Ave in Elgin, IL is $265,800.
  • What is the price history for 721 Walnut Ave?
    721 Walnut Ave in Elgin, IL last sold for $70,000 in August 2012.
  • 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.
  • How big is the lot at 721 Walnut Ave?
    The lot at 721 Walnut Ave in Elgin, IL is about 0.20 acres (8,712 sq ft).

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