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Occupied Duplex with Basement Units
New
For Sale
$379,000

205 Walnut Street, Bartelso, IL 62218

Residential Income, Bartelso, IL

Property Size2,886 SF
Lot Size0.27 Acres
Price / SF$131.32
Days on Market2

Property Features for 205 Walnut Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 5, Bedroom 1, Bathroom 2, Bathroom 1, Bathroom 4, Bedroom 3, Bedroom 4, Bedroom 2, Bathroom 5, Basement, Bathroom 3
Basement Full
Subdivision Green Valley Estates
Elementary school BARTELSO DIST 57
Middle school BARTELSO DIST 57
High school Breese
Elementary school district BARTELSO DIST 57
Middle school district BARTELSO DIST 57
High school district BARTELSO DIST 57
Standard status Active
APN 13-12-17-101-008
Size 2,886 SF
Lot size 0.27 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 5375

Utilities

Heating system Forced Air, Natural Gas
Cooling system Central Air
Water source Public

Building Details

Year built 2002
Floors in Building 2
Number of units 2
Building materials Frame
Architectural style Other
Listing Agency: Real Broker LLC
Listed By: Darin Revermann · License #475.179348
Added: Aug 21 Changed: Aug 22 Last Checked: Aug 22 at 8:06PM
MLS# 26054005

Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 2002, this frame duplex contains 2,886 square feet across two tenant-occupied residences. The larger unit includes three bedrooms, three bathrooms, and a full unfinished basement, while the second residence provides two bedrooms, two bathrooms, and its own full unfinished basement. Central air, forced-air heating, natural gas, and public water serve the property.

The building sits on a 0.2677-acre parcel at 205 Walnut Street in Bartelso, Illinois. Current operations reflect a 6.86% cap rate and approximately $26,694 in annual net operating income. The property is offered for sale, with showing instructions available through the listing agent.

Key Highlights

  • 2,886‑square‑foot duplex built in 2002
  • Unit 205: 3 bedrooms, 3 bathrooms, and a full unfinished basement
  • Unit 207: 2 bedrooms, 2 bathrooms, and a full unfinished basement

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Electrical Service Grocery & Convenience Store Nail Salon Home Appliance Store Auto Repair Shop Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

39
Businesses Nearby

Demographics for 62218, IL

1,566
Population
793
Households
2
Avg Household Size
40
Median Age
29%
College-Educated
96%
High-School Grad
45.7 sq mi
ZIP Area
34
Density / Sq Mi
$93,636
Median Household Income
$51,520
Median Earnings
$545
Median Rent
$197,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Tenant-occupied duplex with separate three-bedroom and two-bedroom residences, each offering an unfinished basement.
Where is this duplex located?
The property is located at 205 Walnut Street Bartelso, IL.
What is the asking price?
The asking price for this property is $379,000.
What are key features of this property?
This property features: 2,886‑square‑foot duplex built in 2002; Unit 205: 3 bedrooms, 3 bathrooms, and a full unfinished basement; Unit 207: 2 bedrooms, 2 bathrooms, and a full unfinished basement
More about this property
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