OFF MARKET

Off market may 2022 for $160K

$189,507

Est. refi paymentEst. refi $1,035/mo

•

792

sq ft

502 Walnut Ave, Elgin, IL 60123

About this home

Single-familyProperty Type

1918Year Built

7,470 sq ftLot Size

$239Est. Price/Sq.Ft.

1 car garageParking

Listed by Ronald Ewing • RE/MAX Horizon

Bought with Deborah Kruse • HomeSmart Connect LLC

Redfin checked: 3 minutes ago

•Source:MRED as Distributed by MLS Grid #11346957

Redfin Estimate

$189,507

$30K since sold in May 2022$3,000 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 30.7% lower than the average sale price ($273K) of 6 comparable homes.

SOLD OCT 8, 2026
$289,900
A
2 beds1 bath1,110 sq ft
345 Vincent Pl, Elgin, IL 60123
SOLD APR 2, 2026
$245,000
B
2 beds1 bath1,400 sq ft
756 Walnut St, Elgin, IL 60123
SOLD OCT 1, 2026
$285,000
C
2 beds1 bath1,012 sq ft
121 S Commonwealth Ave, Elgin, IL 60123
SOLD JUL 30, 2026
$275,300
D
2 beds1 bath876 sq ft
270 S Melrose Ave, Elgin, IL 60123
SOLD SEP 25, 2026
$315,000
E
2 beds1 bath1,491 sq ft
319 Oak St, Elgin, IL 60123
SOLD SEP 25, 2026
$230,000
F
2 beds1 bath834 sq ft
278 S Melrose Ave, Elgin, IL 60123

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Earn from this home

Sell

$61,985

Est. take-home

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Refinance

Est. cash available

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Rent

$1,283/mo

Redfin rental estimate

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Market trends in 60123, IL

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

100.2%

0.6% MoM

Median sale price

$318K

$2K MoM

Avg. days on market

42d

1 days MoM

Recently sold homes

117

16 MoM

New listings for sale

OPEN SAT, 12PM TO 2PM
$269,900
3 beds1.5 baths1,577 sq ft
720 Adams St, Elgin, IL 60123
$199,900
2 beds1 bath1,178 sq ft
2356 South St Unit B, Elgin, IL 60123
$278,500
2 beds1.5 baths1,143 sq ft
1608 Pebble Beach Cir #1608, Elgin, IL 60123
$324,900
3 beds2 baths1,200 sq ft
345 Hubbard Ave, Elgin, IL 60123
$245,000
2 beds2 baths1,008 sq ft
1820 W Highland Ave Unit D, Elgin, IL 60123
$399,000
3 beds2 baths1,416 sq ft
2338 Coral Cv, Elgin, IL 60123
$375,000
3 beds2 baths2,499 sq ft
1223 Larkin Ave, Elgin, IL 60123
$409,900
3 beds3 baths3,166 sq ft
218 Wing Park Blvd, Elgin, IL 60123
FOR SALE BY OWNER
$245,000
2 beds1 bath864 sq ft
409 Wilcox Ave, Elgin, IL 60123
$285,000
2 beds1.5 baths1,026 sq ft
124 S Commonwealth Ave, Elgin, IL 60123
See all

Provided by Redfin

Sale history for 502 Walnut Ave

Date

Event

Price

Public Records

May 10, 2022

Sold

$153,000

$193/sq ft

MRED as Distributed by MLS Grid #11346957

May 2, 2022

Sold (MLS) (Closed)

$160,000

$202/sq ft

Mar 22, 2022

Contingent (Contingent - Continue to Show)

—

Mar 14, 2022

Listed (Active)

$165,000

$208/sq ft

MRED as Distributed by MLS Grid #06989096

Oct 24, 2008

Listing Removed

—

MRED as Distributed by MLS Grid #06528857

Aug 3, 2007

Listing Removed

—

MRED as Distributed by MLS Grid #06372617

Apr 30, 2007

Listing Removed

—

Public Records

Oct 14, 1992

Sold

$86,500

$109/sq ft

Public Records

Oct 25, 1988

Sold

$72,500

$92/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$3,906 (+4.9%)

$17,264 + $41,935

$59,199

2024

$3,723 (+5.9%)

$17,264 + $41,935

$59,199

2023

$3,517 (+4.2%)

$15,901 + $38,625

$54,526

2022

$3,374 (+5.1%)

$14,365 + $34,895

$49,260

2021

$3,211 (+3.3%)

$13,098 + $31,818

$44,916

2020

$3,109 (+3.4%)

$12,246 + $29,748

$41,994

2019

$3,006 (+4.2%)

$11,136 + $27,052

$38,188

2018

$2,886 (+2.9%)

$11,136 + $27,052

$38,188

2017

$2,805 (+5.8%)

$10,491 + $24,699

$35,190

2016

$2,652 (+2.6%)

$9,918 + $23,349

$33,267

2015

$2,584 (+11.9%)

$9,201 + $21,662

$30,863

2013

$2,309 (−19.4%)

$8,550 + $20,127

$28,677

2012

$2,865 (−11.7%)

$8,550 + $20,127

$28,677

2011

$3,244 (−20.3%)

$9,235 + $24,800

$34,035

2010

$4,069 (+2.7%)

$11,442 + $41,055

$52,497

2009

$3,961 (+3.9%)

$11,442 + $41,055

$52,497

2008

$3,812 (+1.4%)

$12,266 + $44,013

$56,279

2007

$3,760

$11,872 + $42,599

$54,471

Tax history for 502 Walnut Ave

Year

Property tax

Land + Additions

Assessment*

2025

$3,906 (+4.9%)

$17,264 + $41,935

$59,199

2024

$3,723 (+5.9%)

$17,264 + $41,935

$59,199

2023

$3,517 (+4.2%)

$15,901 + $38,625

$54,526

2022

$3,374 (+5.1%)

$14,365 + $34,895

$49,260

2021

$3,211 (+3.3%)

$13,098 + $31,818

$44,916

2020

$3,109 (+3.4%)

$12,246 + $29,748

$41,994

2019

$3,006 (+4.2%)

$11,136 + $27,052

$38,188

2018

$2,886 (+2.9%)

$11,136 + $27,052

$38,188

2017

$2,805 (+5.8%)

$10,491 + $24,699

$35,190

2016

$2,652 (+2.6%)

$9,918 + $23,349

$33,267

2015

$2,584 (+11.9%)

$9,201 + $21,662

$30,863

2013

$2,309 (−19.4%)

$8,550 + $20,127

$28,677

2012

$2,865 (−11.7%)

$8,550 + $20,127

$28,677

2011

$3,244 (−20.3%)

$9,235 + $24,800

$34,035

2010

$4,069 (+2.7%)

$11,442 + $41,055

$52,497

2009

$3,961 (+3.9%)

$11,442 + $41,055

$52,497

2008

$3,812 (+1.4%)

$12,266 + $44,013

$56,279

2007

$3,760

$11,872 + $42,599

$54,471

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

—

Stories

Lot width

—

Lot depth

—

Lot size

7,470 Sq. Ft.

Year renovated

—

Sq. Ft.

—

Year built

1918

Style

Single Family Residential

County

Kane County

APN

0623202014

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 8, 2026.

Property details

Parking

Parking Information
# Of Cars: 1
# of Garage Spaces: 1
Parking: Garage
Garage Ownership: Owned
Garage On-Site: Yes
Garage Type: Detached
Garage Details: Garage Door Opener(s),Transmitter(s)
Driveway: Asphalt

Interior

Bathroom Information
# of Baths (Full): 1

Bedroom Information
# of Bedrooms: 2
# of Bedrooms Possible: 2

Room Information
Room Type: Enclosed Porch
Level: Main
Dimensions: 22 x 9
Flooring: Hardwood

Room Information
Room Type: Office
Level: Basement
Dimensions: 12 x 12

Room Information
Room Type: Bedroom 2
Level: Main
Dimensions: 11 x 9
Flooring: Carpet

Room Information
Room Type: Dining Room
Level: Main
Dimensions: 12 x 11
Flooring: Hardwood

Room Information
Room Type: Kitchen
Level: Main
Dimensions: 10 x 10
Flooring: Other

Room Information
Room Type: Living Room
Level: Main
Dimensions: 14 x 12
Flooring: Hardwood

Room Information
Room Type: Master Bedroom
Level: Main
Dimensions: 14 x 10
Flooring: Carpet
Bath: None

Additional Rooms Information
Enclosed Porch, Office
Dining Room: Separate
Basement: Full
Basement Description: Partially Finished,Exterior Access
Basement Sq. Ft.: 692

Interior Features
# of Rooms: 6

Equipment
Appliances: Range, Refrigerator
TV-Cable, Ceiling Fan(s)

Exterior

Exterior Features
Exterior Features: Patio

Building Information
Living Area Source: Assessor
Below Grade Finished Area: 692
Exterior Building Type: Frame
Age: 100+ Years
Built Before 1978 (Y/N): Yes
Roof: Asphalt
Foundation Details: Concrete Perimeter
Aprox. Total Finished Sq Ft: 1,484

Property Information
Property Type: Detached Single
Property Type: 1 Story
Main Sq Ft: 792
Model: BUNGALOW
Ownership: Fee Simple
Property Currently Being Leased: Yes
Rebuilt (Y/N): No
Rehab (Y/N): No
Total Finished/Unfinshed Sq Ft: 1,484
Total Sq Ft: 792
General Information: School Bus Service,Commuter Bus,Commuter Train
Parcel Number: 0623202014

Lot Information
Dimensions: 90 X 83
Lot Size: Less Than .25 Acre
Lot Features: Corner Lot, Fenced Yard

Financial

Tax Information
Tax Annual Amount: $3,109.14
Tax Year: 2020

Financial Information
Finance Code: Cash
Special Service Area: N

Utilities

Utility Information
Water Source: Public
Sewer: Public Sewer
Electric: Circuit Breakers

Heating & Cooling
Heating: Natural Gas, Forced Air
Cooling: Central Air

Location

Community Information
Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Homeowners Association Information
Master Association Fee Frequency: Not Required

School Information
Elementary School District: 46
Elementary School: Washington Elementary School
Middle Or Junior School District: 46
Middle Or Junior School: Abbott Middle School
High School District: 46
High School: Larkin High School

Location Information
Subdivision Name: Jc and Wh Kimballs
Township: Elgin
Corporate Limits: Elgin
Directions: RT. 31 TO WALNUT WEST TO 502 WALNUT

Public facts

Beds: 2
Baths: —
Sq. Ft.: —
Stories: 1.0
Lot Size: 7,470 square feet
Style: Single Family Residential
Year Built: 1918
Year Renovated: —
County: Kane County
APN: 0623202014

Home facts updated by county records on Sep 8, 2026

Other

Listing Information
Holds Earnest Money: Yes
Possession: Closing

Around this home

Schools

K - 12
Preschool & daycare

Washington Elementary School

Public PreK-6 • Assigned • 0.5mi

5/10

Abbott Middle School

Public 7-8 • Assigned • 0.7mi

3/10

Larkin High School

Public PreK-12 • Assigned • 1.2mi

3/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 102° expected this year, 14 days in 30 years

2/10 Wind Factor

0% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Elgin, IL • 60123

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.2 hours in June and 3.4 hours in December, placing it below the U.S. average for solar exposure.

10.2 hrs

3.4 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$181,000 – $218,000

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Nearby similar homes

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New listings for sale in 60123

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Spacious yard • Private driveway • 2 garage spots

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Stylish cabinets • New appliances • Quartz countertops

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Renovated condo • Attached garage • Cozy fireplace

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Extensive renovation • Hardwood floors • Stylish kitchen

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0.35 acre lot • Garage • Built 1952

FOR SALE BY OWNER

$245,000

2 beds1 bath864 sq ft

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Open floor-plan • Large kitchen • Walk-in closet

Home values near 502 Walnut Ave

Data from public records.

Address	Redfin Estimate
467 Walnut Ave, Elgin, IL 4 Beds \| - Baths \| 1069 Sq. Ft.	$268,117
519 Walnut Ave, Elgin, IL 4 Beds \| 2 Baths \| - Sq. Ft.	$311,802
515 Walnut Ave, Elgin, IL 4 Beds \| 1.5 Baths \| 1725 Sq. Ft.	$279,234
263 Moseley St, Elgin, IL 3 Beds \| 2 Baths \| 1144 Sq. Ft.	$279,631
278 Moseley St, Elgin, IL 4 Beds \| 2.5 Baths \| 1632 Sq. Ft.	$336,671
300 Moseley St, Elgin, IL 4 Beds \| 2 Baths \| 1888 Sq. Ft.	$380,786

Address	Redfin Estimate
464 Walnut Ave, Elgin, IL 2 Beds \| 1 Baths \| 797 Sq. Ft.	$154,441
523 Walnut Ave, Elgin, IL 3 Beds \| 2 Baths \| 1608 Sq. Ft.	$292,146
279 Moseley St, Elgin, IL 3 Beds \| 2 Baths \| 1591 Sq. Ft.	$294,983
259 Moseley St, Elgin, IL 2 Beds \| - Baths \| - Sq. Ft.	$236,345
254 Moseley St, Elgin, IL 4 Beds \| 2 Baths \| 1590 Sq. Ft.	$269,610
511 Standish St, Elgin, IL 4 Beds \| 2 Baths \| - Sq. Ft.	$209,954

Address	Redfin Estimate
460 Walnut Ave, Elgin, IL 3 Beds \| 1.5 Baths \| 1290 Sq. Ft.	$175,739
525 Walnut Ave, Elgin, IL 3 Beds \| 2.5 Baths \| - Sq. Ft.	$244,035
273 Moseley St, Elgin, IL 8 Beds \| 3 Baths \| - Sq. Ft.	$387,187
255 Moseley St, Elgin, IL 2 Beds \| 1.5 Baths \| - Sq. Ft.	$242,719
316 Moseley St, Elgin, IL 3 Beds \| 2 Baths \| - Sq. Ft.	—
263 Orchard St, Elgin, IL 2 Beds \| 1 Baths \| 792 Sq. Ft.	$202,357

Property information provided by MRED as Distributed by MLS Grid when last listed in 2022. This data may not match . Learn more.

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About this home

Redfin Estimate

Earn from this home

Market trends in 60123, IL

Sale history for 502 Walnut Ave

Tax history for 502 Walnut Ave

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 60123

Home values near 502 Walnut Ave

More real estate resources