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.

Directions

From Western Ave east onto Walnut St

Availability Calendar

Rental Rates

Inquire about this property