Contact us: 563.441.1776
Description
Rare opportunity to own a spacious, legal 3-flat with 3 beds on every floor in River Grove! Most of surrounding buildings offer 8 not 9 bedrooms. Owners expenses water/trash/utilities is less than $250 per month with rents/laundry income of $6500. 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.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Bedrooms: 9
Bathrooms: 6
County: Cook
Listed By:
Instavalue Realty Inc
773-392-5569
MRED MLS
MLS ID: 12804168
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8157 Walsh Lane , River Grove, IL 60171.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $750,000 | $750,000 | $750,000 |
| Down Payment | $150,000 | $26,250 | $187,500 |
| Monthly Mortgage Amount | $3,892 | $4,776 | $4,823 |
| Taxes | $1044 | $1044 | $1044 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $330 | $0 |
| Monthly Estimated Total | $5,155 | $6,369 | $6,086 |
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 11/09/2026. The listing information on this page last changed on 11/09/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 11/09/2026 8:30:34 AM EST) or MRED MLS (last updated Mon 11/09/2026 7:05:43 AM EST) or SCWMLS (last updated Mon 11/09/2026 8:27:01 AM EST) or Rockford Board of Realtors (NWIAR) (last updated Sun 11/08/2026 10:16:30 PM EST) or Cedar Rapids MLS (last updated Mon 11/09/2026 8:29:15 AM EST) or NEIRBR MLS (last updated Mon 11/09/2026 8:28:44 AM EST) or ICAAR MLS (last updated Sun 11/08/2026 11:37:27 PM EST) or ECIMLS (last updated Sun 11/08/2026 11:44:36 PM EST) or RMLSA (last updated Mon 11/09/2026 8:23:13 AM EST) or Muscatine MLS (last updated Mon 11/09/2026 2:00:12 AM EST) or No Coast MLS (last updated Mon 11/09/2026 8:24:22 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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