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.
Listed By
Agency Name: eXp Realty
Agency Phone: 888-574-9405
Shown By
Agent Name: Miguel Lobato
Agent Phone: (815) 494-7905
Agency Title: Gambino Realtors
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 mlobato.gogambino.com today.