571 Walnut Ave Elgin, IL 60123
Southwest Elgin NeighborhoodEstimated payment $2,222/month
Highlights
- 2 Car Detached Garage
- Heating System Uses Steam
- Multiple Water Heaters
- Ceiling Fan
About This Home
Charming 2-Unit Investment Opportunity in a Prime Location! This well-maintained multi-family property features two spacious units, each offering 2 bedrooms and 1 bath. Full of character and charm, the property provides comfortable living spaces with excellent rental or owner-occupant potential. Conveniently located near shopping, dining, schools, and transportation. Being sold AS-IS. Don't miss this opportunity to own a versatile property in a highly desirable location!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,075
Year Built
- Built in 1900
Lot Details
- Lot Dimensions are 50 x 132
Parking
- 2 Car Detached Garage
- Parking Available
Home Design
- Asphalt Roof
- Vinyl Siding
- Concrete Perimeter Foundation
- Stucco
Interior Spaces
- Ceiling Fan
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Carbon Monoxide Detectors
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 2 Bathrooms
Schools
- Lowrie Elementary School
- Abbott Middle School
- Larkin High School
Utilities
- Heating System Uses Steam
- Heating System Uses Natural Gas
- Multiple Water Heaters
Community Details
- 2 Units
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $4,872 | $68,877 | $14,313 | $54,564 |
| 2023 | $4,622 | $62,225 | $12,931 | $49,294 |
| 2022 | $4,045 | $52,653 | $11,791 | $40,862 |
| 2021 | $3,857 | $49,227 | $11,024 | $38,203 |
| 2020 | $3,739 | $46,995 | $10,524 | $36,471 |
| 2019 | $3,621 | $44,766 | $10,025 | $34,741 |
| 2018 | $3,576 | $42,172 | $9,444 | $32,728 |
| 2017 | $3,483 | $39,868 | $8,928 | $30,940 |
| 2016 | $3,305 | $36,987 | $8,283 | $28,704 |
| 2015 | -- | $33,902 | $7,592 | $26,310 |
| 2014 | -- | $33,483 | $7,498 | $25,985 |
| 2013 | -- | $34,366 | $7,696 | $26,670 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/15/2026 06/15/26 | Pending | -- | -- | -- | |
| 06/15/2026 06/15/26 | For Sale | $335,000 | +16.9% | -- | |
| 04/26/2024 04/26/24 | Sold | $286,500 | 0.0% | -- | View Prior Sale |
| 03/21/2024 03/21/24 | Pending | -- | -- | -- | |
| 03/20/2024 03/20/24 | Off Market | $286,500 | -- | -- | |
| 03/15/2024 03/15/24 | For Sale | $270,000 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $286,500 | None Listed On Document | |
| Executors Deed | $165,000 | First American Title |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $215,000 | New Conventional | |
| Closed | $214,875 | New Conventional | |
| Closed | $28,361 | Commercial | |
| Closed | $144,000 | New Conventional | |
| Closed | $150,000 | Unknown | |
| Closed | $10,000 | Unknown | |
| Closed | $135,000 | Unknown | |
| Closed | $100,000 | Purchase Money Mortgage |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12679370
APN: 06-23-205-002
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Ask me questions while you tour the home.