Off Market1438d on marketHistoric · 108 yrs

502 Walnut Ave

Elgin, IL, 60123 • Near West Elgin • Kane County

$223,200

$282/sqft

2Beds

1Baths

792Sqft

0.17 acLot

1918Built

Property DNA

1 highlights

Character Home

Built 1918 · 108 years of history

Market activity

Demand and pricing signals for this listing

5 views

People checking out this listing

1438 days on market

Established listing

$282/sqft

Price per square foot

About this home

Single Family · Built 1918 · Historic

Charming Bungalow with mature landscaping. This Quaint 2 Bedroom, 1 Bathroom home would be great for someone that is looking for their first home or downsizing. The Living room & Dining room have hardwood floors. Enclosed Porch. One car detached garage with a fenced in back yard. Hot Water tank just replaced in 2022. Needs some TLC but this house could be yours.

Estimated monthly payment

Based on current rates

$1,459/month

Principal & Interest$1,161

Property Tax$223

Insurance$74

Down payment20% ($44,640)

3%50%

Est. 6.77% rate · 30yr fixed · $178,560 loan

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At a glance

Key facts and listing details

TypeSingleFamily

Year Built1918

ParkingNo Data

Lot7,405 sqft

Property

Home typeSingle Family

Year built1918

Parking & Outdoor

Lot7,405 sqft

Location & Tax

NeighborhoodNear West Elgin

Annual tax$3,723

Parcel0623202014

Bathrooms & Fees

Full baths1

Listing insights

Market data and value estimates

StatusOff Market

Days on market1438

Est. value$223,200

Est. rent$1,816/mo

Tax rate2.15%

Price/sqft$282

Last sold$160,000

Tour days6

How are the schools in Elgin?

3 schools rated nearby

Washington Elementary School

Primary • Public • PK-6

0.5 mi

Abbott Middle School

Middle • Public • 7-8

0.7 mi

Larkin High School

High • Public • 9-12

1.2 mi

Location

Elgin, IL, 60123

Expand map

Price history

6 events

DateEventPrice$/sqftSource

May 2, 2022Sold$160,000$202MRED as distributed by MLS GRID

Mar 23, 2022Pending Sale$165,000$208RE/MAX International

Mar 23, 2022Contingent$165,000$208MRED as distributed by MLS GRID

Mar 14, 2022Listed For Sale$165,000$208MRED as distributed by MLS GRID

Nov 5, 2008Listing Removed$139,000$176Homes.com

Oct 6, 2008Listed For Sale$139,000$176Homes.com

Sold$160,000

May 2, 2022•$202/sqft•MRED as distributed by MLS GRID

Pending Sale$165,000

Mar 23, 2022•$208/sqft•RE/MAX International

Contingent$165,000

Mar 23, 2022•$208/sqft•MRED as distributed by MLS GRID

Listed For Sale$165,000

Mar 14, 2022•$208/sqft•MRED as distributed by MLS GRID

Listing Removed$139,000

Nov 5, 2008•$176/sqft•Homes.com

Listed For Sale$139,000

Oct 6, 2008•$176/sqft•Homes.com

Tax history

25 years of records

YearTax paidAssessed value

Apr 10, 2024$3,723$54,526

Apr 10, 2023$3,517$49,260

Apr 10, 2022$3,374$44,916

Apr 10, 2021$3,211$41,994

Apr 10, 2020$3,109$40,090

Apr 10, 2019$3,006$38,188

Apr 10, 2018$2,886$35,190

Apr 10, 2017$2,805$33,267

Apr 10, 2016$3,292$30,863

Apr 10, 2015—$28,289

Apr 10, 2014—$27,940

Apr 10, 2013—$28,677

Apr 10, 2012—$34,035

Apr 10, 2011—$41,107

Apr 10, 2010—$52,497

Apr 10, 2009—$56,279

Apr 10, 2008—$56,279

Apr 10, 2007—$54,471

Apr 10, 2006—$52,281

Apr 10, 2005—$49,095

Apr 10, 2004—$45,986

Apr 10, 2003—$42,663

Apr 10, 2002—$39,503

Apr 10, 2001—$36,764

Apr 10, 2000—$34,987

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Neighborhood details

Local context around this listing

Elgin, IL • Kane County

Nearby neighborhoods

Cobblers CrossingCollege GreenCollege ParkGifford ParkGrant ParkNorth Country KnollsNortheastern ElginSoutheast ElginSouthwest ElginValley Creek

Nearby cities

Arlington HeightsAuroraChicagoCiceroDes PlainesElginEvanstonOrland Park

Nearby zip codes

60120601216012360124

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Value estimates

Live

Est. value$223,200

Est. rent$1,816/mo

30yr rate est.6.77%

Affordability$1,573/mo

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