607 Walnut Street, Lemont, IL

$750,000

Overview

  • 1100699
  • Property ID
  • Updated On:
  • June 4, 2026
  • 0 ft2
  • Property Lot Size

Description

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.

Other Features
Electricity
Wood

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$3,845.40
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 2,907.90

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Information for the property at 607 Walnut Street, Lemont, IL, 60439 (Property ID: 1100699) is deemed reliable but not guaranteed. Property details, pricing, and availability are subject to change without notice. Buyers should independently verify all information before making any real estate decisions.

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Sunita Kakarlapudi