Home Details for 607 Walnut Street

Price

$750,000

Type

Commercial Sale

Year built

1943

Lot size acres

0.36

County

Cook

MLS Listing#

12658551

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 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.

Property Features

Listing Courtesy: eXp Realty - 888-574-9405

Based on information submitted to the MLS GRID as of 2026-05-27 13:08:46. 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.

Last Updated: 2026-05-27 13:08:46

Transportation

Check the walk, transit, and bike score for

Neighborhood Market Statistics

See average values in the proximity of this property

Median Listing Price

Median Days on Site

Median Square Feet

Market statistics compiled from data from Midwest Real Estate Data.

EXIT REAL ESTATE PARTNERS

4901 Main Street, Downers Grove, IL 60515

Office

630 967 0400

Request more details

First Name

Last Name

Email Address

Phone Number

Options

Code: