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2340 Walnut St , Blue Island, IL 60406
$125,000
Est. Payment: $675.27/mo
4 Bed
2 Bath
0.13 Acres
Status: closed | Days on site: 6
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By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from IDX Support, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

Two-unit building from 1892. Each unit has 2 bedrooms and 1 bathroom. This one needs a full gut job. It is being sold as-is. Cash or rehab loan only - a regular mortgage will not work on this property. Here is what we know. The boiler does not work, so plan on a new heating system. The seller has seen water leaking into the basement. He does not know where it is coming from and nothing has been done about it. The wiring is old and the seller thinks the whole house needs to be rewired. There are two electrical panels and one of them was replaced a few years ago, so have your electrician take a look and see what can stay. The seller has also seen what he thinks are signs of termites, but there has been no inspection and no treatment, so nothing is confirmed. Get your own termite and structural inspection. Other than that, expect a lot of deferred maintenance. Plan on taking it down to the studs. One thing already done: the windows on the first and second floors are newer. Ideally for investors, flippers, and landlords who can handle a full rehab. The seller does not plan on clearing out the property, will not make repairs, will not give credits, and offers no warranties. Bring your contractor to the walkthrough and run your numbers.
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Highlights

Listed by Miguel Garcia-Cordero , 847-766-2201 StoneBridge Realty LLC , 847-766-2201. Midwest Real Estate Data mls logo

Property Type

Multi-Family
Lot/Acreage
0.13

Year Built

1892

County

Cook

Area

Blue Island

 School District

130

Listing ID

12735851

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
  • ▪ Bathrooms:2
Basement:Unfinished,Block,Full
Water:Public

Exterior Features

Lot Dimensions:5808
Garage Capacity:2
Sewer:Public Sewer
Parking Features:Yes,Garage Owned,Detached,Garage
Principal Interest
$675
Taxes
$528

Home Price

$125,000

Loan Details

30 yrs
7.148%

Down Payment

20%
$25,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$675.27

Principal

Taxes

Principal Taxes HOA Total
Monthly $675.27 $528.08 $0.00 $1,203.35
Yearly $8,103.26 $6,337.00 $0.00 $14,440.26
Total $243,097.79 $190,110.00 $0.00 $433,207.79
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Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Blue Island, IL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MRED as of the date listed below. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability. Some listings have been excluded from this website.

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Data last updated: 2026-11-02T21:23:08.000Z

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