BEDS4
BATHS2 full
MLS#12735851
STATUSNew
PROPERTY TYPEMulti Unit - Multiple
SCHOOLDistrict 218
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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished, Block, Full
Garage: 2
Heating: Radiator(s)
Lot Size: 0.13 Acres
Taxes: $6,337
Year Built: 1892
Feature Descriptions
Exterior: Frame
Lot Dimensions: 5808
Parcel#: 25311030250000
Parking: Yes, Garage Owned, Detached, Garage
Sewer: Public Sewer
Total Rooms: 8
Township: Calumet
Water: Public
Local Schools
School District: District 218
Listed By / Shown By
Listed By
Agency Name: StoneBridge Realty LLC
Agency Phone: 847-766-2201
Shown By
Agent Name: Pat Bellinghiere
Agent Phone: (815) 871-1745
Agency Title: Gambino Realtors
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Estimated Payment
$ 1,132.33 per month $567.79 Principal & Interest $528.08 Property Tax $36.46 Homeowner's InsuranceChange Payment Information
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2340 Walnut Street | MLS# 12735851
This multi-family property located at 2340 Walnut Street , Blue Island, IL 60406 is currently listed for sale with an asking price of $125,000. Walnut Street is located within the District 218 school district. Search Blue Island real estate on pbellinghiere.gogambino.com today.