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$268,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 503 Walnut St
General
- Price: $268,000
- Taxes: $5,376 (2024)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12569687
- Updated: 2/25/2026
- Added to Site: 4 day(s) ago
Rental Information
- Complex Features: Street Paved
Interior
- Basement: Crawl Spac
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Living Room, Gas Log
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Additional Information
- Other Features: School Bus Service
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 4
- Total Spaces: 10
- Parking Features: Asphalt, Garage, Yes, Garage Owned, Attached, Detached, Driveway, Additional Parking, Garage Faces Side, Owned
Location
- Area: Delavan
- County: Tazewell
- Township: Delavan
- Subdivision: Not Applicable
- Driving Directions: From East 4th St., turn onto Delavan, house at end of road.
School Information
- School District: 703
- Elem School District: 703
- Midd School District: 703
- High School District: 703
- Elementary School: Delavan Elementary
- Middle School: Delavan Jr High
- High School: Delavan High School
- Private School: Delavan High School
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Ranch
- Architectural Style: Ranch
- Construction: Wood Siding
- Exterior Const.: Wood Siding
- Basement: Yes
- Basement Desc.: Crawl Space
- Roof: Asphalt
- Square Feet: 2,420
- Sq. Ft. Source: Estimated
- Year Built: 1971
- Built Before 1978: Yes
Lot Features
- Lot Size (Acres): 1.18
- Lot Size Range: 1.0 to 1.99 Acres
- Lot Dimensions: 204 x 230
- Lot Features: Mature Trees
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1971
- Tax Amount: $5,376
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 212109401021
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Schools
Schools serving 503 Walnut St
School District:Delavan Community Unit School District 703
| Name | Grades | Distance |
|---|---|---|
Delavan Elementary School 907 Locust Street, Delavan, IL 61734 | K-6 | 0.3 mi |
Delavan Jr High School 907 Locust Street, Delavan, IL 61734 | 7-8 | 0.3 mi |
Delavan High School 907 Locust Street, Delavan, IL 61734 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 503 Walnut St
Date
Details
Price
Change
Source
2/24/2026
Listed
$268,000
7.2%
MLS
5/18/2022
Sold
$250,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 503 Walnut St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,376
5%
$67,180
10%
2023
$5,142
22%
$61,020
10%
2022
$4,216
5%
$55,430
4%
2021
$4,016
—
$53,300
—
2020
$4,036
2%
$53,300
—
2019
$3,961
—
$53,300
—
2017
$3,945
1%
$53,300
1%
2016
$3,895
3%
$52,770
1%
2015
$3,766
11%
$52,240
—
2014
$3,407
6%
$52,240
—
2013
$3,201
-4%
$52,240
6%
2012
$3,327
—
$49,220
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 503 Walnut St
503 Walnut Street, Delavan, IL 61734 (MLS# 12569687) is a Single Family property with 3 bedrooms, 1 full bathroom and 1 partial bathroom. 503 Walnut Street is currently listed for $268,000 and was received on February 24, 2026. Want to learn more about 503 Walnut Street? Do you have questions about finding other Single Family real estate for sale in Delavan? You can browse all Delavan real estate or contact a Coldwell Banker agent to request more information.

