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BATHS
MLS#12658551
STATUSNew
PROPERTY TYPEMulti Unit - Multiple
Property Description
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 income producing laundry. Lemont: top-rated schools, low vacancy & extremely limited multifamily supply. Exceptional risk-adjusted returns in one of Chicagoland's most desirable suburbs. Contact co-listing broker for rent roll and financials. Property is agent owned but not by primary listing agent.
Property Features
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
Listed By / Shown By
Listed By
Agency Name: eXp Realty
Agency Phone: 888-574-9405
Shown By
Agency Title: Gambino Realtors
Agency Phone: 815-282-2222
Estimate Your Payment
Estimated Payment
$ 4,447.40 per month $3,406.73 Principal & Interest $821.92 Property Tax $218.75 Homeowner's Insurance
607 Walnut Street | MLS# 12658551
This multi-family property located at 607 Walnut Street, Lemont, IL 60439 is currently listed for sale with an asking price of $750,000. Search Lemont real estate on www.gogambino.com today.