Back 2340 Walnut Street
Off Market

2340 Walnut Street

Blue Island IL 60406

4
2
2
0.13 ac.
Multi-Family
Last sold for $125,000
Miguel GarciaMiguel Garcia, last sold this property on 30 September 2026 after 42 days on market.

Overview

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.

Features

4 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
0.13 ac. lot size
Multi-Family

Estimated Value

Based on this property and similar 4 bedroom multi families sold in Blue Island over the last 12 months, the estimated median property value of 2340 Walnut Street is $277k.

Median value
$277k
Estimated value range
$125k - $292k
Median days on market
24
Estimated value trend
6%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Blue Island. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2340 Walnut Street

2026
Sold
$125,000
30 Sep 2026 by Miguel Garcia, of Stonebridge Realty LLC

Happy sellers in Blue Island

~%

We have insufficient information to provide an overview of customer satisfaction for Blue Island. Viewing the agent profiles, reviews and sales for Blue Island can provide insights for this location.

Local market activity for 4 bedroom multi families in Blue Island

In the last 12 months, 3 four-bedroom multi families similar to 2340 Walnut Street, have been sold.

This represents a 20% increase in four-bedroom multi families sales when compared to the previous 12 months.

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