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Remodeled Duplex
New
For Sale
$425,000

407 Grant Street, Lemont, IL 60439

The upper residence has in-unit laundry, while the lower unit connects to an unfinished basement with laundry and storage.

Property SizeContact for details
Days on Market5

Property Features for 407 Grant Street

General Information

Standard status Active
Total Parking Spaces 6
Property subtype MULTI_FAMILY

Additional Details

Public Transit Yes
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $8,521

Amenities

in-unit washer/dryer
backyard

Building Details

Year Built 1898
Buildings 1
Listing Agency: Realty Executives Elite
Listed By: Katherine Kelly
Source: Loncarrealty
Added: Oct 22 Changed: Oct 26 Last Checked: Oct 25 at 2:47AM

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 Realty Executives Elite

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Investment Insights

Based on property information with market context.

This two-unit property, built in 1898, has updated interiors in both residences. The lower unit offers three bedrooms and one full bathroom, along with new flooring, appliances, and a renovated bathroom. It also connects to an unfinished basement with laundry and storage. The upper unit features fresh paint, new flooring, and in-unit washer and dryer. Outside, the property includes a backyard and parking for up to six vehicles.

The property is within walking distance of downtown Lemont, shops, restaurants, parks, and the Metra station. The two residences have distinct laundry arrangements, with in-unit equipment upstairs and basement laundry available to the lower unit.

Key Highlights

  • Two‑unit property built in 1898
  • Lower unit has 3 bedrooms and 1 full bath
  • Updated lower unit includes new flooring, appliances, and a renovated bathroom

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

544
Businesses Nearby

Demographics for 60439, IL

24,327
Population
8,962
Households
2.7
Avg Household Size
45
Median Age
45%
College-Educated
95%
High-School Grad
29.7 sq mi
ZIP Area
819
Density / Sq Mi
$132,511
Median Household Income
$60,561
Median Earnings
$1,046
Median Rent
$466,800
Median Home Value
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - The upper residence has in-unit laundry, while the lower unit connects to an unfinished basement with laundry and storage.
Where is this duplex located?
The property is located at 407 Grant Street Lemont, IL.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Two‑unit property built in 1898; Lower unit has 3 bedrooms and 1 full bath; Updated lower unit includes new flooring, appliances, and a renovated bathroom
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