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2340 Walnut Street, 
Blue Island, IL 60406

$125,000


4

Beds


2

Baths


-

Sq Ft


Multi-Family

Pending

Listed by

Miguel Garcia-Cordero

Stonebridge Realty LLC.

Last updated:

September 20, 2026, 08:16 AM

MLS#

12735851

Source:

MLSNI

About This Home

2340 Walnut Street

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.

Home Facts

Multi-Family

2 Baths

4 Bedrooms

Built in 1892

Price Summary

125,000

MLS #:

12735851

Last Updated:

September 20, 2026, 08:16 AM


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2


Structure

Structure

Year Built:

1892


Lot

Lot Size (Sq. Ft):

5,662


Finances & Disclosures

Finances

Price:

$125,000

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.