571 Walnut Avenue, Elgin, IL 60123
Kane County
Key Facts
Description
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 Information
Property Type
Residential Income
Sub-Type
Multi Family
Year Built
1900
Lot Dimensions
50 X 132
Garage Spaces
2
Parking Spaces
2
Ownership
Fee Simple
Days on Market
2
MLS® Listing#
12679370
Property Features
Cooling
Heating
Basement
Parking
Construction
Foundation
Roof
Sewer
Water Source
Schools
- Elementary:
- Lowrie Elementary School
- Middle:
- Abbott Middle School
- High:
- Larkin High School
- District:
- Larkin High School
Financial Details
Annual Taxes
$5,075
Tax year 2025
Parcel Number
0623205002
Directions
Rt 31 to Walnut West to home
Affordability Calculator
$67,000
Estimated monthly payment
$1,783/mo
Principal $268,000 · Est. interest $373,884 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Elgin, IL
- $407,576
- Median Listing Price
- 25
- Median Days on Market
- 2,079
- Median Sq Ft
- $212
- Median Price / Sq Ft
- 177
- Active Listings
- This home’s price is 18% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Elgin, IL.
Location
- 571 Walnut Avenue, Elgin, IL 60123
Points of Interest in Elgin, IL
Showing the Elgin area map.
Nearby Schools
St Laurence Catholic School
Elementary · 0.1 mi away
St. Edward Central Catholic High School
Secondary · 0.3 mi away
Elgin Parent Co-OP School
School · 0.4 mi away
Lowrie Elementary School
Elementary · 0.4 mi away
Washington Elementary School
Elementary · 0.5 mi away
Abbott Middle School
Secondary · 0.6 mi away
Gifford Elementary School
Elementary · 0.9 mi away
St. John's Lutheran School
Secondary · 0.9 mi away
Academy of the Cross
School · 0.9 mi away
School District U-46
Secondary · 1.0 mi away
St Joseph Elementary School
Elementary · 1.0 mi away
St Mary Catholic School
School · 1.0 mi away
Highland Elementary School
Elementary · 1.1 mi away
Channing Memorial Elementary School
Elementary · 1.1 mi away
Larkin High School
Secondary · 1.1 mi away
Elgin Academy
School · 1.1 mi away
Garfield Elementary School
Elementary · 1.2 mi away
Ellis Middle School
Secondary · 1.3 mi away
Kimball Middle School
Secondary · 1.4 mi away
St Thomas More Elementary School
Elementary · 1.5 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 515 Walnut Avenue, Elgin, IL | $279,500 | 4 | 2 | 1,725 |
| 216 Wilcox Avenue, Elgin, IL | $296,900 | 3 | 3 | 1,408 |
| 700 Michigan Avenue, South Elgin, IL | $299,000 | 3 | 2 | 1,107 |
| 468 Locust Street, Elgin, IL | $299,896 | 3 | 2 | 2,040 |
| 26 Monroe Avenue, Elgin, IL | $299,900 | 3 | 2 | 1,200 |
| 555 S LIBERTY Street, Elgin, IL | $300,000 | 3 | 2 | 1,300 |
Moving Cost Estimate
EXIT Agents in Elgin
Listing Courtesy: Realty of America, LLC - 7087687412
Last Updated: 2026-06-15