Lemont, IL 60439 607 Walnut Street

607 Walnut Street Lemont, IL - Image 1607 Walnut Street Lemont, IL - Image 2607 Walnut Street Lemont, IL - Image 3
24 more
607 Walnut Street Lemont, IL - Image 4607 Walnut Street Lemont, IL - Image 5607 Walnut Street Lemont, IL - Image 6607 Walnut Street Lemont, IL - Image 7607 Walnut Street Lemont, IL - Image 8607 Walnut Street Lemont, IL - Image 9607 Walnut Street Lemont, IL - Image 10607 Walnut Street Lemont, IL - Image 11607 Walnut Street Lemont, IL - Image 12607 Walnut Street Lemont, IL - Image 13607 Walnut Street Lemont, IL - Image 14607 Walnut Street Lemont, IL - Image 15607 Walnut Street Lemont, IL - Image 16607 Walnut Street Lemont, IL - Image 17607 Walnut Street Lemont, IL - Image 18607 Walnut Street Lemont, IL - Image 19607 Walnut Street Lemont, IL - Image 20607 Walnut Street Lemont, IL - Image 21607 Walnut Street Lemont, IL - Image 22607 Walnut Street Lemont, IL - Image 23607 Walnut Street Lemont, IL - Image 24607 Walnut Street Lemont, IL - Image 25607 Walnut Street Lemont, IL - Image 26607 Walnut Street Lemont, IL - Image 27607 Walnut Street Lemont, IL - Image 28
Presented By: eXp Realty
  • MLS# 12658551
  • 05/26/2026
  • Request Tour
  • Request Info
  • Beds • 3

Home Details

MULTIPLE OFFERS RECEIVED- HIGHEST AND BEST DUE FRIDAY 6/5 AT 5PM. 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.
Presented By: eXp Realty

General for 607 Walnut Street

Additional Parcels Y/NNo
Cap Rate6.85
CityLemont
Construction MaterialsWood
CountyCook
DirectionsFrom I-355, take the Archer Ave/IL-171 exit and head west toward Lemont. Continue on Archer Ave, then turn left onto State St. Proceed into downtown Lemont, then turn right onto Walnut St/Ln. Property i
Electric Expense600
Fuel Expense1772
Gross Income82200
Insurance Expense3666
Lot Size Square Feet15681
MLS AreaLemont
MaintenanceExpense2000
Net Operating Income51355
Number Of Units Total5
Operating Expense31177
Possible UseMulti-Family
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive
StatusActive
Stories Count2
Tax Annual Amount9863
Tax Year2024
Tenant PaysElectricity
TownshipLemont
Trash Expense2414
Water Sewer Expense3531
Year Built1943
ZoningMULTI

Exterior for 607 Walnut Street

Lot Dimensions73x213
Lot Size Acres0.36

Additional Details

Price History

Client Care

Price $750,000
MLS#12658551
List Date 05/26/2026
Property Type Multi-Family
Phone 847.485.2500
Request Tour
Request Info
Visit My Website

Similar Properties to 607 Walnut Street