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$335,000 Contingent

  • For Sale
  • Contingent
  • Multi-Family
  • 4 Total Beds
  • 2 Car Garage
  • Updated 2 days ago

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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!

Full Property Details for 571 Walnut Ave

General

  • Price: $335,000
  • Taxes: $5,075 (2025)
  • Status: Contingent
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12679370
  • Updated: 6/16/2026
  • Added to Site: 4 day(s) ago

Interior

  • Basement: Unfinished

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Upper - Full Baths: 2

Bedrooms

  • Total Bedrooms: 4

Additional Information

  • Equipment: Carbon Monoxide Detectors, Ceiling Fan(s), Multiple Water Heaters
  • Other Features: School Bus Service, Commuter Bus, Commuter Train, Interstate Access

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 2
  • Parking Features: Yes, Garage Owned, Detached, Garage

Location

  • Area: Elgin
  • County: Kane
  • Township: Elgin
  • Driving Directions: Rt 31 to Walnut West to home

School Information

  • School District: 46
  • Elem School District: 46
  • Midd School District: 46
  • High School District: 46
  • Elementary School: Lowrie Elementary School
  • Middle School: Abbott Middle School
  • High School: Larkin High School
  • Private School: Larkin High School

Heating & Cooling

  • Heating Type: Natural Gas, Steam

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Vinyl Siding, Stucco
  • Exterior Const.: Vinyl Siding, Stucco
  • Basement: Yes
  • Basement Desc.: Unfinished, Full
  • Foundation: Concrete Perimeter
  • Roof: Asphalt
  • Year Built: 1900
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 2

Lot Features

  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 50 x 132

Financial Considerations

  • Assessment Year: 1900
  • Tax Amount: $5,075.02
  • Tax Year: 2025
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 623205002

Listed by Realty of America, LLC

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— 571 Walnut Ave —

  • Realty of America, LLC

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NMLS#: 1598647

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Schools serving 571 Walnut Ave

School District:School District U-46
NameGradesDistance
Lowrie Elementary School
264 Oak Street, Elgin, IL 60123
K-60.4 mi
Abbott Middle School, Elgin, IL
949 Van Street, Elgin, IL 60123
7-80.6 mi
Larkin High School
1475 Larkin Avenue, Elgin, IL 60123
9-121.1 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 571 Walnut Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/15/2026
Listed
$335,000
16.93%
MLS
4/24/2024
Sold
$286,500
—
Public Record
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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 for 571 Walnut Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,872
5%
$68,877
11%
2023
$4,622
14%
$62,225
18%
2022
$4,045
5%
$52,653
7%
2021
$3,857
—
$49,227
5%
2021
$3,857
7%
$46,995
5%
2019
$3,621
4%
$44,766
12%
2017
$3,483
-3%
$39,868
-5%
2018
$3,576
8%
$42,172
14%
2016
$3,305
2%
$36,987
9%
2015
$3,236
-6%
$33,902
1%
2014
$3,452
19%
$33,483
-3%
2013
$2,889
—
$34,366
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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571 Walnut Avenue, Elgin, IL 60123 (MLS# 12679370) is a Multi-Family property with 2 units containing 4 bedrooms and 0 full bathrooms. 571 Walnut Avenue is currently listed for $335,000 and was received on June 15, 2026. Want to learn more about 571 Walnut Avenue? Do you have questions about finding other Multi-Family real estate for sale in Elgin? You can browse all Elgin real estate or contact a Coldwell Banker agent to request more information.

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