8157 Walsh Lane River Grove, IL $ 819,000
8157 Walsh Lane
$ 819,000
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8157 Walsh Lane

River Grove, IL, 60171
$ 819,000
Bedrooms9 Baths6.3

Monthly Estimate*

$ 5,657

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Multi-Family Home for sale in River Grove, IL

for $819,000 with 9 bedrooms and 6 full baths, 3 half baths. This home was built in 1966 on a lot size of 0.12.

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.

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Multi-Family Active

Price

$ 819,000

Bedrooms

9

Full Bath

6

Half Bath

3

Property Type

Multi-Family

Taxes

$ 14,221

Style

Lot Size

0.12

Year Built

1966

Town/City

River Grove

County/Region

Cook

MLS | Web ID

12788421

Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing Immediate Negotiable Prior to Closing Other
Zoning MULTI
Garage Spaces 2
Construction Materials Brick
Year Built 1966
Township Leyden
Tax Year 2023
Ownership Fee Simple
Gross Income 6700
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 15
Status New
Directions BELMONT (EAST of 1ST AVE) to BOYLE S to WALSH
City River Grove
High School District 212
MLS Area River Grove
Tax Annual Amount 14221
Standard Status Active
Middle/Junior School District 212
Elementary School District 212
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Interior
Basement Finished Full
Total Bedrooms 9
Total Baths 6
Bedrooms Possible 9
Full Baths Building 3
Half Baths Building 3
Total Number of Units 3
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Exterior
Parking Features Garage Door Opener Yes Garage Owned Detached Garage
Water Source Public
Total Parking 2
Lot Dimensions 25X125
Lot Size Acres 0.12
Waterfront Y/N N
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* Excluded Features
List By
Instavalue Realty Inc

Broker

sales@instavaluerealty.com

Email

Affordability Calculator

$6,842
Per Month
83%
17%
0%
Monthly Principal & Interest
$5,657
Monthly Property Taxes
$1,185
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
566685 Elementary School
567433 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/19/2026$819,000 Listed Price

Map


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8157 Walsh Lane, River Grove, IL, 60171 is a Multi-Family Home for sale at $819,000 with a lot size of 0.12. 8157 Walsh Lane has 9 bedrooms, 6.3 baths, and was built in 1966. The property's zip code is 60171 which is in River Grove, IL