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607 Walnut Street Lemont, IL 60439 • Multi Unit - Multiple • New

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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 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 Highlights

Property Type: Multi Unit - Multiple

General Information

County: Cook
Listed By:
eXp Realty 888-574-9405
MRED MLS
$750,000
Est. $4,909/mo
New to the Market New
BEDS0 BATHS MLS#12658551
STATUSNew PROPERTY TYPEMulti Unit - Multiple
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Sarah Harrison
 (563) 260-7609

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607 Walnut Street, Lemont, IL 60439.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $750,000$750,000$750,000
Down Payment $150,000$26,250$187,500
Monthly Mortgage Amount $3,646$4,534$4,633
Taxes $1044$1044$1044
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$330$0
Monthly Estimated Total $4,909$6,127$5,896

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