607 Walnut Street Lemont, IL 60439
MULTI_FAMILY - Lemont, IL
- Added:
- May 26, 2026
- Days on Market:
- 48
- Last Refresh:
- Jul 12 at 4:06 pm
Property Features for 607 Walnut Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- MULTI
- Bedrooms
- 6
- Bathrooms
- 5
- Rooms
- Bedroom 6, Bathroom 4, Bathroom 3, Bedroom 2, Bedroom 3, Bathroom 5, Bedroom 1, Bedroom 4, Bedroom 5, Bathroom 1, Bathroom 2
- Standard status
- Active Under Contract
- APN
- 22292020170000
- Lot size
- 0.36 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 9863
Building Details
- Year built
- 1943
- Floors in Building
- 2
- Number of units
- 5
- Building materials
- Wood
Listing agent Michael Scanlon (888) 574-9405
Listing office eXp Realty 939 W. North Ave., Chicago, IL (888) 574-9405
Listing date May 26, 2026
Copyright © 2026 Midwest Real Estate Data, LLC. 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.
The property is located in Lemont, Illinois at 607 Walnut Street. The listing notes that three leases expire by June 30, 2026, which may affect near-term resident turnover and unit-renewal planning. The seller reports current rents of $6,850 per month and “market rents” of $7,450 per month, with rent roll and financials available through the co-listing broker.
Operationally, the landlord covers gas, water, common electric, garbage, and snow/lawn, and the listing states these expenses are fully documented. For investors or owner-operators seeking a small-balance multifamily with defined operating-cost responsibilities and an existing residential layout, the property offers straightforward management supported by the documented expense structure and centralized laundry amenities.
Key Highlights
- 5‑unit multifamily property with 100% occupancy and renovated units
- Unit mix: 1x 2BR/1BA and 4x 1BR/1BA
- Current rents of $6,850/mo; market rents estimated at $7,450/mo
