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515 Walnut Ave, Elgin, IL, 60123

4beds
2baths
1,725sqft
$279,500
$162price/sqft
$2,177/moest. monthly cost
$87,080/yrincome needed

About This Home

4 bedroom home with oversized 2 car garage! Hardwood floor on the main level with the large kitchen, bright dining room, large living room, first-level bedroom. 3 large bedrooms with hardwood floor and a full bath upstairs. The lower level/ basement with a laundry area and plenty additional storage space. Beautiful enclosed wrap-around front porch. Updated electrical including 220 volts in the oversized 2-car garage. Great location near downtown, restaurants, the train, and expressway.

Getting Around

61
WalkingSomewhat Walkable
43
TransitSome Transit
59
BikeBikeable

Schools

3/10
Lowrie Elementary SchoolGrades PK-60.3 mi
3/10
Abbott Middle SchoolGrades 7-80.7 mi
3/10
Larkin High SchoolGrades 9-121.2 mi

Construction

Materials

  • Roof: Asphalt
  • Construction materials: Other

Type & Style

  • Home type: SingleFamily
  • Architectural style: Farmhouse
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Range,Dishwasher,Refrigerator,Washer,Dryer

Basement

  • Has basement: Yes
  • Basement: Unfinished,Full

Bedroom2

  • Features: Flooring (Carpet)
  • Level: Second
  • Area: 196
  • Dimensions: 14X14

Bedroom3

  • Features: Flooring (Carpet)
  • Level: Second
  • Area: 90
  • Dimensions: 10X09

Bedroom4

  • Features: Flooring (Wood Laminate)
  • Level: Main
  • Area: 104
  • Dimensions: 13X8

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Dining Room

  • Features: Flooring (Wood Laminate)
  • Level: Main
  • Area: 195
  • Dimensions: 15X13

Enclosed Porch

  • Features: Flooring (Hardwood)
  • Level: Main
  • Area: 140
  • Dimensions: 7X20

Features

  • 1st Floor Bedroom

Heating & Cooling

  • Heating features: Natural Gas,Forced Air
  • Cooling features: None

Interior Area

  • Total structure area: 0
  • Total interior livable area: 1,725 sqft

Kitchen

  • Features: Flooring (Wood Laminate)
  • Level: Main
  • Area: 143
  • Dimensions: 13X11

Laundry

  • Level: Basement
  • Area: 225
  • Dimensions: 15X15

Living Room

  • Features: Flooring (Carpet)
  • Level: Main
  • Area: 210
  • Dimensions: 15X14

Master Bedroom

  • Features: Flooring (Carpet)
  • Level: Second
  • Area: 192
  • Dimensions: 16X12

Property

Accessibility

  • Accessibility features: No Disability Access

Details

  • Parcel number: 0623206023
  • Special condition: None
  • Other equipment: Ceiling Fan(s)

Features

  • Stories: 2
  • Patio & porch: Screened

Lot

  • Lot size: 8,537 sqft
  • Lot size dimensions: 33X132X44X132

Parking

  • Total spaces: 3
  • Parking features: Asphalt,Yes,Garage Owned,Detached,Garage
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Tornado
    TornadoRelatively High
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Tornado
Heat Wave
Lightning
Winter Weather

FEMA Declared Disasters Across Illinois Counties

Flood

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,413$16,956
Home Insurance *$125$1,500
Property Taxes $507$6,084
Electricity $132$1,592
Total$2,177$26,124
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$74,640/yr
40% on housing$65,310/yr
45% on housing$58,053/yr

Illinois FAIR Plan Programs

Illinois FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,961Commercial: 62
Total Premiums$4.35M
Total Exposure$370.02M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.9%
11.9%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: -1.0%
-1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$162This listing

vs Other Active Listings

Avg $/sqft

ZIP 60123$140
Kane County$213

vs Homes Sold Last Month

Median $/sqft

ZIP 60123$209
Kane County$207

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-25Listed for sale$279,500
2025-04-09Listing removed$265,000
2025-03-06Contingent$265,000
2025-02-27Listed for sale$265,000
2025-02-19Listing removed$279,990
2025-01-03Listed for sale$279,990
2025-01-03Listing removed$284,000
2024-12-28Price change$284,000
2024-12-10Price change$285,000
2024-12-07Listed for sale$295,000
2019-08-19Sold$195,000
2019-06-13Listed for sale$189,000
2019-06-13Pending sale$189,000
2019-05-05Listed for sale$189,000
2015-05-01Sold$99,000
2014-10-28Sold$99,000
2009-10-15Sold$90,500
2006-01-03Sold$180,000

For Sale by Agent

AgentDmitriy Kotlyar
BrokerageChicagoland Brokers Inc.

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