SOLD JUL 22, 2026

Sold on jul 2026

$715,000

•

5 ba

•

—

sq ft

607 Walnut St, Lemont, IL 60439

About this home

MULTIPLE OFFERS RECEIVED- HIGHEST AND BEST DUE FRIDAY 6/5 AT 5PM. Rare 5-unit multifamily in the heart of Lemont - fully occupied and renovated in a prime location. Unit mix: 1x 2BR/1BA + 4x 1BR/1BA. Current rents $6,850/mo; market rents $7,450/mo. THREE leases expire by June 30, 2026, a clear path to bring all units to market rent and push gross income from $6,850 to $7,450/mo. Landlord covers gas, water, common electric, garbage & snow/lawn, all expenses fully documented. Shared income producing laundry. Lemont: top-rated schools, low vacancy & extremely limited multifamily supply. Exceptional risk-adjusted returns in one of Chicagoland's most desirable suburbs. Contact co-listing broker for rent roll and financials. Property is agent owned but not by primary listing agent.

Multi-familyProperty Type

1943Year Built

0.36 acresLot Size

Listed by Michael Scanlon • eXp Realty

Listed by Kyle Miller • eXp Realty

Bought with James Chipain • Realty Executives Elite

Redfin checked: 2 minutes ago

•Source:MRED as Distributed by MLS Grid #12658551

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 60439, IL

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

100.1%

0.1% MoM

Median sale price

$640K

$30K MoM

Avg. days on market

50d

0 days MoM

Recently sold homes

15 MoM

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Sale and tax history for 607 Walnut St

Sale History
Tax History

Date

Event

Price

MRED as Distributed by MLS Grid #12658551

Jul 22, 2026

Sold (MLS) (Closed)

$715,000

Jun 6, 2026

Contingent (Contingent - Continue to Show)

—

May 26, 2026

Listed (Active)

$750,000

APPFOLIO #1

May 16, 2024

Rental Removed

$1,175

May 13, 2024

Listed for Rent

$1,175

Apr 26, 2024

Rental Removed

$1,175

Apr 26, 2024

Listed for Rent

$1,175

MRED as Distributed by MLS Grid #10967747

Feb 12, 2021

Sold (MLS) (Closed Sale)

$409,000

Jan 16, 2021

Pending (Contingent (Do Not Show))

—

Jan 11, 2021

Listed (New)

$389,900

Great Investment Property. Building has been well maintained. 3 of the 5 units (all 1 bedrooms) have been remodeled recently with new paint, carpet and appliances. 1 unit needs some updating (2br) as the tenant has been there for 20+ years and rent is well below market. The 5th unit is a studio and is in good shape. The building overall is in nice shape but this is an estate and, as such, is being sold in as-is condition. All units are on leases with end dates between November 30 and December 31 2021

Public Records

Jan 17, 1986

Sold

$59,500

Public Records

Jan 1, 1986

Sold

$130,000

Public Records

May 8, 1984

Sold

$115,000

Public Records

Apr 1, 1984

Sold

$115,000

Public Records

Apr 27, 1978

Sold

$77,000

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

4,792 Sq. Ft.

Year renovated

—

Sq. Ft.

2,798

Year built

1942

Style

Multi-Family (5+ Unit)

County

Cook County

APN

22292020170000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 16, 2026.

R-6

Multi-Family Residential District

This district is intended to provide medium and high-density areas for single-family attached and multi-family dwellings: duplexes, two-family detached dwellings, town homes, apartment buildings and condominium buildings.

Permitted uses

Include but are not limited to:

Housing-Single unit
Housing-Multiple units
Infrastructure
Bed & breakfast
Public service
Park & open space

Property details

Parking

Parking Information
Outdoor Parking: 6-12 Spaces

Interior

Equipment
# Of Ranges: 5

Unit Type 1 Information
# of Rooms: 3
# of Bedrooms: 1
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
# of Units: 4
Monthly Income: $1,300
Monthly Income Max: $1,350

Unit Type 2 Information
# of Rooms: 4
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
# of Units: 1
Monthly Income: $1,575
Monthly Income Max: $1,575

Exterior

Building Information
# of Units: 5
Built Before 1978 (Y/N): Yes
Roof Structure: Gable

Property Information
Property Type: Multi Family 5+
Conversion (Y/N): N
Ownership Type: Limited Liability Corp
Parcel Number: 22292020170000

Lot Information
Dimensions: 73x213
Zoning: MULTI

Financial

Tax Information
Tax Annual Amount: $9,863
Tax Year: 2024

Financial Information
Finance Code: Cash
Gross Rent Multiplier: 9.12
Total Monthly Income: $6,850
Gross Income: $82,200

Utilities

Heating & Cooling
Heat/Ventilation: Central Bldg Heat,Hot Water

Location

Location Information
Township: Lemont
Directions: From I-355, take the Archer Ave/IL-171 exit and head west toward Lemont. Continue on Archer Ave, then turn left onto State St. Proceed into downtown Lemont, then turn right onto Walnut St/Ln. Property is located at 607 Walnut Ln on the right-hand side.

Public facts

Beds: 6
Baths: 5.0
Sq. Ft.: 2,798
Stories: 2.0
Lot Size: 4,792 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1942
Year Renovated: —
County: Cook County
APN: 22292020170000

Home facts updated by county records on Sep 16, 2026

Other

Expense Information
Water Sewer Expense: $3,531
Water Expense Source: Actual
Electric Expense: $600
Trash Expense: $2,414
Insurance Expense: $3,666

Listing Information
Some Photos Virtually Staged?: No

Around this home

Schools

Central School

Public 4-5 • Assigned • 0.2mi

8/10

Old Quarry Middle School

Public 6-8 • Assigned • 1.3mi

10/10

Lemont Twp High School

Public 9-12 • Assigned • 0.5mi

10/10

Provided by GreatSchools

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 103° expected this year, 15 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

4/10 Air Factor

4 unhealthy days expected this year, 5 days in 30 years

Provided by First Street

Historical weather

Lemont, IL • 60439

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

84/ 100

Very good sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9.1 hrs

5.4 hrs

JuneDecember

Provided by Shadowmap

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New listings for sale in 60439

3D WALKTHROUGH

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Home values near 607 Walnut St

Data from public records.

Address	Redfin Estimate
711 Walnut Street, Lemont, IL 4 Beds \| 4.5 Baths \| 2770 Sq. Ft.	$678,427
601 Walnut Street, Lemont, IL 2 Beds \| 1 Baths \| 963 Sq. Ft.	$304,211

Address	Redfin Estimate
712 Walnut Street, Lemont, IL 3 Beds \| 1 Baths \| 1294 Sq. Ft.	$340,547
513 Walnut Street, Lemont, IL 3 Beds \| 1 Baths \| 1232 Sq. Ft.	$332,400

Address	Redfin Estimate
613 Walnut Street, Lemont, IL 3 Beds \| 2 Baths \| - Sq. Ft.	—
607 Walnut Street, Lemont, IL - Beds \| - Baths \| - Sq. Ft.	$88,155

Property information provided by undefined .

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 60439, IL

Homeowner tools

Sale and tax history for 607 Walnut St

Public record

Property details

Around this home

Schools

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 60439

Home values near 607 Walnut St

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