See all 29 photos
29 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Michael Scanlonof eXp Realty
$750,000
Est. payment /mo
0.36 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12658551
Year Built 1943
Annual Tax Amount $9,863
Tax Year 2024
Lot Size 0.360 Acres
Lot Dimensions 73x213
Property Sub-Type Multi Family 5+
Property Description
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 laundry (income producing). No HOA. Lemont: top-rated schools, low vacancy & extremely limited multifamily supply. Exceptional risk-adjusted returns in one of Chicagoland's most desirable suburbs. Contact listing broker for rent roll and financials.
Location
State IL
County Cook
Zoning MULTI
Interior
Fireplace N
Exterior
View Y/N true
Building
Structure Type Wood
Read Less Info
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION
Michael Scanlon
Team leader | License ID: 475.188240
Team leader License ID: 475.188240