Closed

$339,000

3507 Walnut Street, Chicago, IL 60624
5 Beds2 Baths31 days
3507 Walnut Street·Chicago, IL 60624
5Bedrooms
2Bathrooms
1896Year Built
About This Home

Here's a fantastic opportunity to own both a beautiful Greystone 2-flat and the adjacent vacant lot. Both properties are legal city lots, each with a separate PIN number. Owner is packaging sale of both together. Both the building lot and the vacant lot are zoned residential (RT4). This is a lovely stone building just 1 block east of the Historic Garfield Park Conservatory. The first floor unit is a 2 bed/1 bath apartment with gleaming hardwood floors, a recently renovated, large chef's kitchen, replete with stainless steel appliances and granite countertops, plus a large adjacent dining area. There are two large bedrooms, an updated tiled bathroom, a huge living/family room area, and a front vestibule/mud room for coats and boots. The first floor is currently rented, with tenants leasing until March 27, 2025. That means you'll be earning money on day one from the first floor apartment rent. The second floor unit is vacant and move-in ready. The second floor boasts 3 bedrooms and 1 bathroom, plus a large living/family room area, and an office/sitting room. Enclosed back porch is sunny and bright. Carpeted rooms, with hardwood underneath if desired. There's also a full partially-finished basement, which is perfect for storage or a workshop, and also houses HVAC, water heater, and a utility sink. There's a garage behind the property, which is a tear-down. The adjacent vacant lot is 2175 square feet, and can be used as a play space/yard for the building, or you can build it out however you desire. Both lots and the building are being sold together. The building is sold as-is. The location is ideal for transportation, with easy street parking, and a 10-minute drive to the loop via the 290 expressway. The CTA Green Line is a lovely 4-minute walk to the Conservatory station, and numerous bus services are close at hand too. And you'll be just a few steps from the renowned Inspiration Kitchens for wonderful dining experiences and nights out. Take advantage of this rare opportunity and book your showing today!

MLS# 12005615Listed August 15, 2024Residential IncomeGreystone
Property Details

Beds & Baths

Total Bedrooms5
Total Bathrooms2
Total Rooms13

Size & Structure

Year Built1896
Lot Size2025 SF

Location

CountyCook
TownshipHyde Park
Zip Code60624

Financial

List Price$339,000
Annual Taxes (2022)$3,668
Monthly Tax Est.$306
Parcel #16114090180000
Interior Features

Heating

Radiator(s)

Basement

UnfinishedFull
Exterior & Lot

Construction

Stone

Roof

Tar/Gravel

Foundation

Concrete Perimeter
Utilities & Parking

Sewer

Public Sewer

Water Source

Public
HOA & Community

Community Features

ParkSidewalksStreet LightsStreet Paved
Tax & Financial
Annual Taxes
$3,668
Tax Year 2022
Monthly Tax Est.
$306
per month
Property Location

3507 Walnut Street, Chicago, IL 60624Cook County

$339,000
3507 Walnut Street
5 bd2 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
31 days on market
2025 SF
$3,668/yr taxes
$2,087
estimated monthly payment
Principal & Interest
$1,782/mo
Property Tax
$306/mo
$339,000
20% — $67,800
3%50%
6.875%
3%12%
Loan Amount
$271,200
Down Payment
$67,800

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Durante & Rich Real Estate
Agent: Marc Wellin
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