2333 Walnut ST Active Save Request In-Person Tour Request Virtual Tour
Blue Island,IL 60406
Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12158091
Maintenance Fees $1,600
Year Built 1890
Annual Tax Amount $17,068
Tax Year 2023
Property Description
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.
Location
State IL
County Cook
Area Blue Island
Building
Dwelling Type Multi Family 5+