607 Walnut Street
Lemont, IL, 60439
$750,000
3 Beds
2 Baths
0 SqFt
0.36 Acres
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MLS #MRD12658551 image #0
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.

Property Details

Price:
$750,000
MLS #:
MRD12658551
Status:
Active Under Contract
Beds:
3
Baths:
2
Type:
Commercial
Neighborhood:
lemont
Listed Date:
May 26, 2026
Lot Size:
15,681 sqft / 0.36 acres (approx)
Year Built:
1943
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Schools

Interior

Exterior

Construction Materials
Wood
Stories
2

Financial

Maintenance Fee
$2,000
Net Operating Income
$51,355
Tax Year
2024
Taxes
$9,863

Map

Community

Market Summary

Current real estate data for Commercial in Lemont as of Jun 21, 2026
1
Commercial Listed
26
Avg DOM
$750,000
Avg List Price

Property Summary

    607 Walnut Street Lemont IL is a Commercial for sale in Lemont, IL, 60439. It is listed for $750,000

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