Blue Island, IL 60406 2333 Walnut Street

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Presented By: Hometown Real Estate
  • MLS# 12158091
  • 09/07/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • Beds • 5

Home Details

2333 Walnut is a 5-unit building that is superbly located, right off of Western Ave near the heart of Blue Island. The property consists of two buildings. The front building is wood-frame and has a 3Bed/1Bath duplex up (rented), a second floor rear apartment with one bedroom and one bathroom (vacant), as well as basement laundry. The rear building consists of three spacious, 5 room 1Bedroom/1Bathroom apartments that are currently all rented, however one of the tenants is in eviction court and should be out in 8 weeks or less. There is also a gigantic garage in the rear building that fits at least two cars, plus workshop space. There is a large driveway that fits 5+ cars for parking as well. Highest and best use is likely for a live-in owner to live in the front house and rent out the rear units, while either renting out the garage or using it as a workshop/studio. Rents all way under market except for the front house, and they are vacating by the end of the year. Lot size is estimated, legality of all units is not guaranteed.
Presented By: Hometown Real Estate

General for 2333 Walnut Street

Additional Parcels Y/NNo
CityBlue Island
CountyCook
Days on Market7
DirectionsFrom Western Ave east onto Walnut St
Electric Expense
Fuel Expense
Gross Income38100
Insurance Expense1700
MLS AreaBlue Island
MaintenanceExpense1600
Net Operating Income15100
NumberOfUnitsTotal5
Operating Expense23000
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive
StatusActive
Stories2
Tax Annual Amount17068
Tax Year2023
Tenant PaysAir Conditioning, Electricity, Heat
Trash Expense1400
Water Sewer Expense4000
Year Built1890

Exterior for 2333 Walnut Street

Lot Dimensions72X162

Additional Details

Price History

Worth Clark

Price $299,000
MLS#12158091
List Date 09/07/2024
Property Type Multi-Family
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