607 Walnut Street Lemont, IL 60439
$750,000
New / MLS# 12658551 / Multi Unit - Multiple / Lemont
0
Beds
Rare 5-unit multifamily in the heart of Lemont - fully occupied and renovated in a prime location. Unit mix: 1x 2BR/1BA + 4x 1BR/1BA. Current rents $6,850/mo; market rents $7,450/mo. THREE leases expire by June 30, 2026, a clear path to bring all units to market rent and push gross income from $6,850 to $7,450/mo. Landlord covers gas, water, common electric, garbage & snow/lawn, all expenses fully documented. Shared laundry (income producing). No HOA. Lemont: top-rated schools, low vacancy & extremely limited multifamily supply. Exceptional risk-adjusted returns in one of Chicagoland's most desirable suburbs. Contact listing broker for rent roll and financials.
Baird & Warner New Client Care Team Agent Cell: 312.847.5702 Email
Property Details
Property Type: Multi Unit - Multiple
Lot Size: 0.36 Acres
Stories: 2.0
Taxes: $9,863
Year Built: 1943
Feature Descriptions
Exterior: Wood
HVAC: Central Bldg Heat, Hot Water
Lot Dimensions: 73x213
Parcel#: 22292020170000
Parking: 6-12 Spaces
Potential Use: Multi-Family
Tenant Pays: Electricity
Units: 5
Location
See details and scored characteristics about this location.
Listing Office: eXp Realty
Listing Office Phone: 888-574-9405
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Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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