571 Walnut Avenue Elgin, IL ^$ 335,000

571 Walnut Avenue

^$ 335,000

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571 Walnut Avenue

Elgin, IL, 60123

^$ 335,000

Bedrooms4 Baths2.0

Monthly Estimate*

^$ 2,063

571 Walnut Avenue, Elgin, IL 60123 - Image 1

Multi-Family Home for sale in Elgin, IL

for $335,000 with 4 bedrooms and 2 full baths. This home was built in 1900.

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!

Multi-Family Contingent

Price

^$ 335,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 5,075

Style

Year Built

1900

Town/City

Elgin

County/Region

Kane

MLS | Web ID

12679370

Features

General

Sewer Public Sewer

Heating Natural Gas Steam

Possession Closing

Roof Asphalt

Garage Spaces 2

Construction Materials Vinyl Siding Stucco

Year Built 1900

Township Elgin

Tax Year 2025

Ownership Fee Simple

County Kane

New Construction N

Property Type Residential Income Two to Four Units

Contingency Attorney/Inspection

Total Rooms 9

Status Contingent

Directions Rt 31 to Walnut West to home

High School Larkin High School

City Elgin

High School District 46

MLS Area Elgin

Elementary School Lowrie Elementary School

Tax Annual Amount 5075.02

Middle/Junior High School Abbott Middle School

Standard Status Active Under Contract

Middle/Junior School District 46

Elementary School District 46

Interior

Basement Unfinished Full

Total Bedrooms 4

Total Baths 2

Bedrooms Possible 4

Full Baths Building 2

Half Baths Building 0

Total Number of Units 2

Exterior

Parking Features Yes Garage Owned Detached Garage

Water Source Public

Total Parking 2

Foundation Details Concrete Perimeter

Lot Dimensions 50 X 132

Waterfront Y/N N

Other Equipment CO Detectors Ceiling Fan(s) Multiple Water Heaters

* Excluded Features

List By

Realty Of America, Llc

Broker

jrjesusperez@yahoo.com; jp@jperezbroker.info

Affordability Calculator

$2,486

Per Month

Monthly Principal & Interest: $2,063
Monthly Property Taxes: $423
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Elgin, IL

Average List Price ^$387,450

Percent of Sale Price 16%

About Elgin, IL

114,155 Population

21% Since 2002

^$61,828 Median Income

35.71 Median Age

38% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4832412 Elementary School

565438 Middle School

Larkin High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/16/2026	$335,000		Listed Price

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571 Walnut Avenue, Elgin, IL, 60123 is a Multi-Family Home for sale at $335,000. 571 Walnut Avenue has 4 bedrooms, 2.0 baths, and was built in 1900. The property's zip code is 60123 which is in Elgin, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 6/19/2026.

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571 Walnut Avenue

Multi-Family Home for sale in Elgin, IL

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