Two-Unit Duplex Requiring
New
For Sale
$125,000
2340 Walnut Street, Blue Island, IL 60406
As-is duplex with two matching residential units and newer windows on both upper levels.
Property SizeContact for details
Days on Market5
Property Features for 2340 Walnut Street
General Information
Standard status
Active
Total Parking Spaces
2
Property subtype
Residential Income
Property Condition
Severity
Major Repairs Needed
Evidence
full gut job
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$6,337
Building Details
Year Built
1892
Buildings
1
Listing Agency:
StoneBridge Realty LLC
(847) 766-2201
Listed By:
Miguel Garcia-Cordero
(847) 766-2201
Source:
Allinonerealestateco
Added: Aug 18
Changed: Aug 21
Last Checked: Aug 21 at 7:00AM
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 StoneBridge Realty LLC
Investment Insights
Based on property information with market context.
Built in 1892, this duplex contains two residential units, each configured with two bedrooms and one bathroom. The property is being offered as-is and requires extensive rehabilitation, with the seller indicating that a full gut renovation may be necessary. Newer windows are installed on the first and second floors.
The boiler is not operational, and a replacement heating system is anticipated. Water intrusion has been observed in the basement, although its source has not been determined. The electrical wiring is described as old; the building has two electrical panels, including one replaced a few years ago. Possible termite activity has been observed but has not been inspected or treated. No repairs, credits, warranties, or property cleanout are planned by the seller.
The boiler is not operational, and a replacement heating system is anticipated. Water intrusion has been observed in the basement, although its source has not been determined. The electrical wiring is described as old; the building has two electrical panels, including one replaced a few years ago. Possible termite activity has been observed but has not been inspected or treated. No repairs, credits, warranties, or property cleanout are planned by the seller.
Key Highlights
- Two‑unit duplex built in 1892
- Each unit includes 2 bedrooms and 1 bathroom
- Newer windows on the first and second floors
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,060
Businesses Nearby
Explore this area
Business Placement
Demographics for 60406, IL
24,011
Population
9,925
Households
2.4
Avg Household Size
36
Median Age
18%
College-Educated
82%
High-School Grad
5.4 sq mi
ZIP Area
4,446
Density / Sq Mi
$59,502
Median Household Income
$34,379
Median Earnings
$1,081
Median Rent
$166,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - As-is duplex with two matching residential units and newer windows on both upper levels.
Where is this duplex located?
The property is located at 2340 Walnut Street Blue Island, IL.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Two‑unit duplex built in 1892; Each unit includes 2 bedrooms and 1 bathroom; Newer windows on the first and second floors
