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Two-Unit Duplex with Basements
For Sale
$364,000

205 Walnut St, Bartelso, IL 62218

Occupied two-unit property with separate residential layouts and unfinished basement space for each unit.

Property Size2,886 SF
Price / SF$126.13
Days on Market20

Property Features for 205 Walnut St

General Information

Standard status Active
Size 2,886 SF
Property subtype Residential Income
Occupancy 100%
Net Operating Income $26,694

Financials

Asking Price $389,000
Cap Rate 6.86%
Gross Income $31,200

Units

Unit Mix 1 x 3BR/3BA, 1 x 2BR/2BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $5,375

Building Details

Tenancy Multi
Listing Agency: Real Broker LLC
Listed By: Darin Revermann · License #475.179348
Source: Exprealty
Added: Aug 21 Changed: Sep 5 Last Checked: Sep 8 at 10:43AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Broker LLC

Investment Insights

Based on property information with market context.

This 2,886-square-foot duplex contains two occupied residential units with distinct layouts. The front unit includes 3 bedrooms and 3 bathrooms, along with a full unfinished basement. The second unit provides 2 bedrooms and 2 bathrooms and also includes a full unfinished basement, creating additional storage or utility space for each residence.

The property is located at 205 Walnut St in Bartelso, Illinois. Both units are tenant-occupied, and the property is reported at a 6.86% cap rate. Parcel identification number 13-12-17-101-008 accompanies the property.

Key Highlights

  • 2,886 SF duplex with two occupied units
  • Unit 205 includes 3 bedrooms, 3 bathrooms, and a full unfinished basement
  • Unit 207 offers 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 - Occupied two-unit property with separate residential layouts and unfinished basement space for each unit.
Where is this duplex located?
The property is located at 205 Walnut St Bartelso, IL.
What is the asking price?
The asking price for this property is $364,000.
What are key features of this property?
This property features: 2,886 SF duplex with two occupied units; Unit 205 includes 3 bedrooms, 3 bathrooms, and a full unfinished basement; Unit 207 offers 2 bedrooms, 2 bathrooms, and a full unfinished basement
More about this property
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