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Single Family ResidenceResidential
$281,665$117 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 91How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026
Last sold for $250,000 on Jan 27, 2025

5506 WALNUT ST

RICHMOND, IL 60071
0
Baths
2,404 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.45 ac
Lot SizeThe size of the land the home sits on, from county records.
1953
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.

Valuation

$282K
$255K low$308K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$250,000 · Jan 27, 2025
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$281,665
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$225,332

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$5,845 (2024)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$72,026 (2024)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$15,874
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$56,152
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$65,843
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$216,078

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.35
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
16
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
59
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
72
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
28
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyMcHenry
Lot (acres)The size of the land the home sits on, from county records.0.45
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
HeatingThe type of heating system in the home.None
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Deck · 153 ft²

Transaction History(2)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Richmond Grade SchoolB
Elementary · Grades PK–5 · 0.6 mi
M
Nippersink Middle SchoolB
Middle · Grades 6–8 · 0.7 mi
H
Richmond-Burton High SchoolA-
High · Grades 9–12 · 2.5 mi

District: Richmond-Burton Community High School District 157

Neighborhood · ZIP 60071These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.119
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.94
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.34

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.95%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.23%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.5.6%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.4%
PopulationHow many people live in this area.4,418
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.180 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$84,728
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$123,309
Average tempThe average temperature here across a full year.47°F
Annual precipHow much rain and melted snow falls here in a typical year.36 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.54%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

5506 Walnut St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 74% of homes in McHenry County
  • Among the lowest price per square foot in McHenry County
  • Bigger than 78% of homes in Richmond 60071
  • Has a bigger lot than 73% of homes in McHenry County
  • Older than 87% of homes in McHenry County

What homes are worth in Richmond 60071

Each bar is how many homes fall in that price range. The marker is this home.

This home
$119K$812K

This home is worth more than 30% of homes in Richmond 60071.

How it measures up in Richmond 60071

The dot is this home. The mark in the middle is the typical home in Richmond 60071.

Estimated value$281,665
CheaperTypical $383,333Pricier

Pricier than 30% of homes nearby

Price per ft²$117
CheaperTypical $198Pricier

Pricier than 3% of homes nearby

Living area2,404 ft²
SmallerTypical 1,763 ft²Bigger

Bigger than 78% of homes nearby

Lot size0.45 ac
SmallerTypical 1 acBigger

Bigger than 39% of homes nearby

Year built1953
OlderTypical 1990Newer

Newer than 15% of homes nearby

How 5506 Walnut St ranks against every home in each area.
MeasureThis homeRichmond 60071McHenry County
Estimated valuepricier than$281,66530% of homes26% of homes
Price per ft²pricier than$1173% of homesalmost no homes
Living areabigger than2,404 ft²78% of homes75% of homes
Lot sizebigger than0.45 ac39% of homes73% of homes
Year builtnewer than195315% of homes13% of homes

About 5506 Walnut St

How much is 5506 Walnut St, Richmond, IL worth?

The TopHap Estimate for 5506 Walnut St, Richmond, IL is $281,665 as of Jul 14, 2026. The likely range is $255,246 to $308,084. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 5506 Walnut St, Richmond, IL last sell?

5506 Walnut St, Richmond, IL last sold on Jan 27, 2025 for $250,000, according to the county's recorded deed.

How big is 5506 Walnut St, Richmond, IL?

5506 Walnut St, Richmond, IL has 2,404 square feet of living space and a 0.45-acre lot.

When was 5506 Walnut St, Richmond, IL built?

5506 Walnut St, Richmond, IL was built in 1953, making it 73 years old. The building has 1 story.

What schools serve 5506 Walnut St, Richmond, IL?

5506 Walnut St, Richmond, IL is assigned to Richmond Grade School (elementary), rated B; Nippersink Middle School (middle), rated B; Richmond-Burton High School (high), rated A-. All sit in Richmond-Burton Community High School District 157. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 5506 Walnut St, Richmond, IL compare to other homes in Richmond 60071?

Among the 1,517 homes in Richmond 60071, it is worth more than 30% of them ($281,665 against a typical $383,333), its price per square foot is higher than 3% of them ($117 against a typical $198), it is bigger than 78% of them (2,404 ft² against a typical 1,763 ft²), its lot is bigger than 39% of them (0.45 ac against a typical 1 ac) and it is newer than 15% of them (1953 against a typical 1990). Measured against all of McHenry County, it is worth more than 26% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 5506 Walnut St, Richmond, IL?

The 2024 property tax bill for 5506 Walnut St, Richmond, IL was $5,845. The county assessed it at $72,026.

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