Rare opportunity to own a spacious, legal 3-flat with three-bedroom units on every floor in River Grove! This well-maintained, income-producing brick building offers an excellent investment opportunity in a desirable location. Each spacious unit features 3 bedrooms and 1.5 baths, providing attractive layouts for tenants and strong long-term rental potential. The property has been thoughtfully updated and maintained, featuring newer kitchens in all three units, updated windows, hardwood flooring, granite countertops, stainless steel appliances, and copper plumbing throughout. Recent improvements also include new carpeting in the common staircases. Each unit features its own independent heating system, with tenants responsible for their own gas, heat, and electricity, helping keep operating expenses low. One boiler has been recently replaced, while the remaining two are in good working condition. Additional highlights include a full basement, income-generating coin-operated laundry, private driveway, and a garage that is currently rented for additional income. Multiple income streams and tenant-paid utilities make this an attractive investment opportunity.
Features
9 bedrooms
6 bathrooms
directions_car2 carspaces
directions_car2 garage spaces
crop_free0.12 ac. lot size
cottageMulti-Family
Property history for 8157 Walsh Lane
2022
Sold
$610,000
14 Oct 2022 by Gregorio Cirone, of Interdome Realty
2019
Sold
$520,000
01 Aug 2019 by Diane Karpman, of Berkshire Hathaway HomeServices Chicago
2010
Sold
$298,000
23 Mar 2010 by Michael Olszewski, of Area Wide Realty
Happy sellers in River Grove
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Local market activity for 9 bedroom multi families in River Grove
Sold
For Sale
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