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$450,000 Just Listed
Property Description
Welcome to this beautifully updated and move-in ready 4-bedroom, 2-bath home offering 1,568 sq ft of thoughtfully designed living space in the highly desirable Elk Grove Village community! From the moment you step inside, you'll appreciate the bright and open floor plan enhanced by stylish laminate flooring, fresh modern paint, updated baseboards and trim, added canned lighting, and new ceiling fans throughout. The spacious living and dining areas flow seamlessly into the updated kitchen featuring stainless steel appliances and a brand-new refrigerator, creating the perfect setup for both everyday living and entertaining guests. Generously sized bedrooms offer comfort, flexibility, and plenty of natural light, while the home's modern finishes provide a clean, contemporary feel throughout. Step outside to enjoy the large deck overlooking an extra spacious backyard with endless possibilities for outdoor entertaining, gardening, play space, or simply relaxing in your own private retreat. The attached 2-car garage adds convenience and additional storage. Ideally located near parks, schools, shopping, dining, and major expressways, this exceptional home combines modern updates, functional living space, and a fantastic location. A true turnkey opportunity you won't want to miss!
Full Property Details
Full Property Details for 511 Walnut Ln
General
- Price: $450,000
- Taxes: $7,416 (2024)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12659330
Rental Information
- Complex Features: Park, Tennis Court(s), Curbs, Sidewalks, Street Lights, Street Paved
Interior
- Basement: Crawl Spac
- Interior Features: Steam Room, Sauna, 1st-Floor Bedroom, 1st-Floor Bath
- Appliances: Range, Microwave, Dishwasher, High-End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Oven, Range Hood
- Flooring: Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Bathroom Features: Double Shower, Soaking Tub
Bedrooms
- Total Bedrooms: 4
Additional Information
- Equipment: Cable TV, Security System, Carbon Monoxide Detectors, Ceiling Fan(s)
- Other Features: School Bus Service
Exterior
- Exterior Features: Fire Pit
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Garage Door Opener, Heated Garage, Yes, Garage Owned, Attached, Garage
Location
- Area: Elk Grove Village
- County: Cook
- Township: Elk Grove
- Driving Directions: Devon East of Arlington Heights Rd to Ridge North to Walnut East to property.
School Information
- School District: 59
- Elem School District: 59
- Midd School District: 59
- High School District: 214
- Elementary School: Clearmont Elementary School
- Middle School: Grove Junior High School
- High School: Newcomer Center
- Private School: Newcomer Center
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Electric, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Architectural Info: Ranch
- Architectural Style: Ranch
- Construction: Aluminum Siding, Brick
- Exterior Const.: Aluminum Siding, Brick
- Basement: Yes
- Basement Desc.: Crawl Space
- Windows: Screens
- Sub-Flooring: Laminate
- Square Feet: 1,568
- Sq. Ft. Source: Assessor
- Year Built: 1961
- Built Before 1978: Yes
- Remodeled/Updated: 2026
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Lot Size (Acres): 0.1874
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 73.47 x 6.98 x 120.42 x 66.06 x 112.05
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1961
- Tax Amount: $7,416.72
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 8334150190000
Listed by Redfin Corporation
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Schools
Schools serving 511 Walnut Ln
School Districts:Community Consolidated School District 59, Township High School District 214
| Name | Grades | Distance |
|---|---|---|
Clearmont Elementary School 280 Clearmont Drive, Elk Grove Village, IL 60007 | K-5 | 0.4 mi |
Grove Jr High School 777 West Elk Grove Boulevard, Elk Grove Village, IL 60007 | 6-8 | 0.9 mi |
Elk Grove High School 500 West Elk Grove Boulevard, Elk Grove Village, IL 60007 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Tax History
Tax History for 511 Walnut Ln
Year
Property Taxes
Change
Tax Assessment
Change
2023
$7,078
—
$35,000
26%
2023
$7,078
4%
$27,872
—
2022
$6,810
33%
$27,872
28%
2021
$5,118
-18%
$21,767
-18%
2020
$6,258
17%
$26,503
15%
2018
$5,367
-19%
$23,000
-25%
2019
$6,663
25%
$30,797
34%
2017
$5,345
2%
$23,000
—
2016
$5,216
-18%
$23,000
-3%
2015
$6,367
14%
$23,775
—
2014
$5,600
3%
$23,775
—
2013
$5,458
—
$23,775
-8%
2012
$5,444
—
$25,886
—
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 511 Walnut Ln
511 Walnut Lane, Elk Grove Village, IL 60007 (MLS# 12659330) is a Single Family property with 4 bedrooms and 2 full bathrooms. 511 Walnut Lane is currently listed for $450,000 and was received on May 28, 2026. Want to learn more about 511 Walnut Lane? Do you have questions about finding other Single Family real estate for sale in Elk Grove Village? You can browse all Elk Grove Village real estate or contact a Coldwell Banker agent to request more information.
