Sold713d on marketHistoric · 126 yrs
571 Walnut Ave
Elgin, IL, 60123 • Southwest Elgin • Kane County
$286,500
4Beds
2Baths
0.15 acLot
1900Built
Property DNA
Character Home
Built 1900 · 126 years of history
2-Car Garage
On Site · Garage Owned · Detached · Garage
This home is in high demand
Listed 713 days ago · 3 views · Top 1% likely to sell soon
Market activity
Demand and pricing signals for this listing
3 views
People checking out this listing
713 days on market
Established listing
Selling Soon Prediction
Very HighThis home ranks in the top 1% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
Want the full market analysis?
Get the detailed selling prediction score, comparable sales data, and price trend forecast for this property.
Free · Delivered to your inbox in minutes
About this home
Multi Family · Built 1900 · Historic
Solid Well Maintained 2 Unit Property, buy as an investment or great opportunity to live in one unit and rent the other out! Could also work as an in law arrangement as rear unit is all on one level except for laundry. Front unit has Living Room, Dining Room, Kitchen on the first floor and Two Bedrooms and a bath upstairs. Rear Unit has Living Room, Kitchen, Bathroom and Two Bedrooms all on one level. Units have separate Water Heaters, Furnaces, Gas and Electric, one furnace and one water heater are newer. Each unit has its own storage area and Washer/Dryer in the basement. Tenants share the two car garage. Front unit has been owner occupied since 2004 and is currently vacant, rear unit is leased through 9/1 to long term tenants.
Standout features identified
Our analysis highlights dining room and two bedrooms as key attractions of this home.
Estimated monthly payment
Based on current rates
$1,786/month
Principal & Interest$1,404
Property Tax$287
Insurance$96
Down payment20% ($57,300)
3%50%
Est. 6.20% rate · 30yr fixed · $229,200 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1900
HeatingNatural Gas, Steam
Parking2 Garage spaces
Property
Home typeMulti Family
Sub-typeMulti Family
Year built1900
Systems
HeatingNatural Gas, Steam
RoofAsphalt
ConstructionVinyl Siding, Stucco
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingOn Site, Garage Owned, Detached, Garage
Garage2 spaces
BasementUnfinished,Full
Lot6,600 sqft
Location & Tax
NeighborhoodSouthwest Elgin
Annual tax$4,045
Parcel0623205002
Bathrooms & Fees
Full baths2
Features & details
6 categories of property features
Interior Features
Appliances
Multiple Water Heaters
Heating
Natural Gas
Steam
Exterior Features
Parking
On Site
Garage Owned
Detached
Garage
Construction
Vinyl Siding
Stucco
Security
Carbon Monoxide Detector(s)
Other Equipment
Ceiling Fan(s)
Listing insights
Market data and value estimates
StatusSold
Days on market713
Est. value$328,300
Est. rent$1,884/mo
Tax rate2.15%
On marketMar 21, 2024
PostedMar 21, 2024
Last sold$286,500
MLS statusClosed
MLS updatedApr 26, 2024
Tour days6
Views3
How are the schools in Elgin?
3 schools rated nearby
Location
Elgin, IL, 60123
Price history
4 events
DateEventPrice$/sqftSource
Apr 26, 2024Sold$286,500—MRED as distributed by MLS GRID
Mar 20, 2024Listing Removed——MRED as distributed by MLS GRID
Mar 15, 2024Listed For Sale$270,000—MRED as distributed by MLS GRID
Sep 17, 2004Sold$165,000—Public Record
Sold$286,500
Apr 26, 2024•MRED as distributed by MLS GRID
Listing Removed—
Mar 20, 2024•MRED as distributed by MLS GRID
Listed For Sale$270,000
Mar 15, 2024•MRED as distributed by MLS GRID
Sold$165,000
Sep 17, 2004•Public Record
Tax history
25 years of records
YearTax paidAssessed value
Apr 10, 2024$4,872$68,877
Apr 10, 2023$4,622$62,225
Apr 10, 2022$4,045$52,653
Apr 10, 2021$3,857$49,227
Apr 10, 2020$3,739$46,995
Apr 10, 2019$3,621$44,766
Apr 10, 2018$3,576$42,172
Apr 10, 2017$3,483$39,868
Apr 10, 2016$3,945$36,987
Apr 10, 2015—$33,902
Apr 10, 2014—$33,483
Apr 10, 2013—$34,366
Apr 10, 2012—$42,204
Apr 10, 2011—$56,313
Apr 10, 2010—$62,328
Apr 10, 2009—$66,818
Apr 10, 2008—$66,818
Apr 10, 2007—$64,671
Apr 10, 2006—$62,070
Apr 10, 2005—$58,287
Apr 10, 2004—$54,596
Apr 10, 2003—$50,650
Apr 10, 2002—$46,898
Apr 10, 2001—$43,647
Apr 10, 2000—$41,537
Nearby homes
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
Similar homes
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](/mls-disclaimers/#17)
No obligation · Same-day response