$240,000
$28K PRICE DROP

503 Walnut St Delavan, IL 61734

Estimated payment $1,730/month

Total Views 4,133
3 Beds
1.5 Baths
2,420 Sq Ft
$99 Price per Sq Ft

Highlights

  • Mature Trees
  • 4 Car Garage
  • Laundry Room
  • Ranch Style House
  • Enclosed Patio or Porch
  • 4-minute walk to Delavan City Park

About This Home

Little piece of heaven right inside the town of Delavan! Come check out this 3-bedroom, 1.5 bath, spacious ranch home situated on over an acre lot. This home features a two-car attached garage along with a secondary 24X32 detached garage and 18X25 Morton building with concrete flooring. This property has plenty of parking along with no through traffic thanks to being the corner lot on a dead-end road. Space, Space Space!! This yard is nothing short of a dream come true, with mature trees, tons of perennial flowers such as lilies, tulips and irises and endless opportunities for gardening! Enjoy a cup of coffee on the beautiful front porch! This open concept living space offers optional dining spaces and entry to the sunporch/4 seasons room. Bedrooms are spacious and share a bathroom. half bathroom is inside the laundry room. Home is being sold as is.

Listing Agent

Becky Gerig

RE/MAX Choice License #475132489 Listed on: 02/24/2026

RE/MAX Choice

Co-Listing Agent

Niki Higgs

RE/MAX Choice License #475195103

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,376

Year Built

  • Built in 1971

Lot Details

  • 1.18 Acre Lot
  • Lot Dimensions are 204x230
  • Paved or Partially Paved Lot
  • Mature Trees

Parking

  • 4 Car Garage
  • Parking Available
  • Side Facing Garage
  • Driveway
  • Additional Parking
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2,420 Sq Ft Home
  • Gas Log Fireplace
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Carpet
  • Crawl Space
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Outdoor Features

  • Enclosed Patio or Porch

Schools

  • Delavan Elementary School
  • Delavan Jr High Middle School
  • Delavan High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,376

Year Built

Built in 1971

Lot Details

1.18 Acres

Parking

4

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Subdivision Name: Not Applicable
  • Year Built: 1971
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Active
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • LivingArea: 2420
  • Room Type: Enclosed Porch
  • Estimated Total Finished Sq Ft: 2420
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate,Kitchen/Dining Combo
  • Fireplace Location: Living Room
  • Total Sq Ft: 2420

Exterior Features

  • Construction Materials: Wood Siding
  • Lot Features: Mature Trees
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Asphalt, Garage, Yes, Garage Owned, Attached, Detached, Driveway, Additional Parking, Garage Faces Side, Owned
  • ParkingTotal: 10

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Delavan Elementary
  • High School: Delavan High School
  • Middle/Junior School: Delavan Jr High

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 1.18
  • Lot Dimensions: 204X230
  • Rural (Y/N): N
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 23
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5376
  • Tax Year: 2024
  • Tax Exemptions: Homeowner

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,066 $67,180 $7,190 $59,990
2023 $5,066 $61,020 $6,530 $54,490
2022 $4,216 $55,430 $5,930 $49,500
2021 $4,016 $53,300 $5,700 $47,600
2020 $4,036 $53,300 $5,700 $47,600
2019 $3,961 $53,300 $5,700 $47,600
2018 $3,969 $53,300 $5,700 $47,600
2017 $3,945 $52,240 $5,580 $46,660
2016 $3,895 $52,240 $5,580 $46,660
2015 $3,407 $0 $0 $0
2013 $3,201 $52,240 $5,580 $46,660
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2026 03/02/26 Price Changed $240,000 -10.4% $99 / Sq Ft
02/24/2026 02/24/26 For Sale $268,000 -- $111 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Quit Claim Deed -- None Listed On Document
Deed $250,000 Elias Meginnes & Seghetti Pc
Warranty Deed -- --
Interfamily Deed Transfer -- None Available
Warranty Deed $140,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $259,000 VA
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12569687

Midwest Real Estate Data (MRED)

APN: 21-21-09-401-021

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