2340 Walnut ST, Blue Island, IL 60406
2340 Walnut ST, Blue Island, IL 60406
2340 Walnut ST, Blue Island, IL 60406
2340 Walnut ST, Blue Island, IL 60406
2340 Walnut ST, Blue Island, IL 60406
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Legacy Property Management

Legacy Property Management

+1(224) 999-9200
$ 125,000
Est. payment | /mo

4 Beds

2 Baths

5,662 Sqft Lot

Save
$ 125,000
Est. payment | /mo
Save

4 Beds

2 Baths

5,662 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12735851

Bedrooms 4

Year Built 1892

Annual Tax Amount $6,337

Tax Year 2024

Lot Size 5,662 Sqft

Lot Dimensions 5808

Property Sub-Type Two to Four Units

Property 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.

Location

State IL

County Cook

Area Blue Island

Rooms

Basement Unfinished, Block, Full

Interior

Heating Radiator(s)

Fireplace N

Exterior

Garage Spaces 2.0

Building

Dwelling Type Two to Four Units

Building Description Frame, No

Sewer Public Sewer

Water Public

Structure Type Frame

New Construction false

Schools

School District 130 , 130, 218

Others

Ownership Fee Simple

Special Listing Condition None

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Miguel Garcia-Cordero of  StoneBridge Realty LLC 
Legacy Property Management

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(224) 999-9200

propertymanagement@legacypropertiesil.com

1350 Remington Rd, Suite B, Schaumburg IL, Other

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2340 Walnut ST