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!
Closed
$335,000
571 Walnut Ave, Elgin, IL 60123
4beds
--sqft
Multi Family
Built in 1900
-- sqft lot
$335,100 Zestimate®
$--/sqft
$1,584 Estimated rent
Home value
$335,100
$305,000 - $369,000
$1,584/mo
Zestimate® history
Owner options
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$2,431/mo
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$2,431/mo
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Zillow last checked:
Listing updated:
Listed by:
Jesus Perez 630-878-9064,
Realty of America, LLC
Bought with:
Jesus Perez
Realty of America, LLC
Source: MRED as distributed by MLS GRID,MLS#: 12679370
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas, Steam
Appliances
- Included: Multiple Water Heaters
Features
- Basement: Unfinished,Full
Property
Parking
- Total spaces: 2
- Parking features: Yes, Garage Owned, Detached, Garage
- Garage spaces: 2
Lot
- Size: 6,600 Square Feet
- Dimensions: 50 X 132
Details
- Parcel number: 0623205002
- Special conditions: None
- Other equipment: Ceiling Fan(s)
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding, Stucco
- Foundation: Concrete Perimeter
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Carbon Monoxide Detector(s)
Location
- Region: Elgin
Financial & listing details
- Tax assessed value: $206,631
- Annual tax amount: $5,075
- Date on market: 6/16/2026
- Listing terms: FHA
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 7/20/2026 | Sold | $335,000 |
Source:  MRED as distributed by MLS GRID #12679370 Report a problem | ||
| 6/16/2026 | Contingent | $335,000 |
Source: MRED as distributed by MLS GRID #12679370 Report a problem | ||
| 6/16/2026 | Listed for sale | $335,000+16.9% |
Source: MRED as distributed by MLS GRID #12679370 Report a problem | ||
| 4/26/2024 | Sold | $286,500+6.1% |
Source: MRED as distributed by MLS GRID #12004296 Report a problem | ||
| 3/20/2024 | Listing removed | -- |
Source: MRED as distributed by MLS GRID #12004296 Report a problem | ||
| 3/15/2024 | Listed for sale | $270,000+63.6% |
Source: MRED as distributed by MLS GRID #12004296 Report a problem | ||
| 9/17/2004 | Sold | $165,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,872 +5.4% | $68,877 +10.7% |
| 2023 | $4,622 +14.3% | $62,225 +18.2% |
| 2022 | $4,045 +4.9% | $52,653 +7% |
| 2021 | $3,857 +3.1% | $49,227 +4.7% |
| 2020 | $3,739 +3.3% | $46,995 +5% |
| 2019 | $3,621 +1.2% | $44,766 +6.2% |
| 2018 | $3,576 +2.7% | $42,172 +5.8% |
| 2017 | $3,483 -11.7% | $39,868 +7.8% |
| 2016 | $3,945 | $36,987 +9.1% |
| 2015 | -- | $33,902 +1.3% |
| 2014 | -- | $33,483 -2.6% |
| 2013 | -- | $34,366 -18.6% |
| 2012 | -- | $42,204 -25.1% |
| 2011 | -- | $56,313 -9.7% |
| 2010 | -- | $62,328 -6.7% |
| 2009 | -- | $66,818 |
| 2008 | -- | $66,818 +3.3% |
| 2007 | -- | $64,671 +4.2% |
| 2006 | -- | $62,070 +6.5% |
| 2005 | -- | $58,287 +6.8% |
| 2004 | -- | $54,596 +7.8% |
| 2003 | -- | $50,650 +8% |
| 2002 | -- | $46,898 +7.4% |
| 2001 | -- | $43,647 +5.1% |
| 2000 | -- | $41,537 |
Find assessor info on the county website
Neighborhood: Southwest Elgin
Nearby homes
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Nearby schools
GreatSchools rating
- 3/10Lowrie Elementary SchoolGrades: K-6Distance: 0.4 mi
- 3/10Abbott Middle SchoolGrades: 7-8Distance: 0.6 mi
- 3/10Larkin High SchoolGrades: PK,9-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: Lowrie Elementary School
- Middle: Abbott Middle School
- High: Larkin High School
- District: 46
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$335,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$335,100
- Illinois
- Kane County
- Elgin
- 60123
- Southwest Elgin
- 571 Walnut Ave
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