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.
New
$750,000
8157 Walsh Ln, River Grove, IL 60171
9beds
--sqft
Multi Family
Built in 1966
-- sqft lot
$773,700 Zestimate®
$--/sqft
$-- HOA
What's special
Well-maintained income-producing brick buildingCopper plumbing throughoutUpdated windowsPrivate drivewayGranite countertopsHardwood flooringStainless steel appliances
- 1 day
- 48
- 1
Zillow last checked:
Listing updated:
Listed by:
Kazimierz Leja 773-392-5569,
Instavalue Realty Inc
Source: MRED as distributed by MLS GRID,MLS#: 12804168
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 6
- Full bathrooms: 3
- 1/2 bathrooms: 3
Heating
- Has Heating (Unspecified Type)
Features
- Basement: Finished,Full
Property
Parking
- Total spaces: 2
- Parking features: Garage Door Opener, Yes, Garage Owned, Detached, Garage
- Garage spaces: 2
- Has uncovered spaces: Yes
Lot
- Size: 5,227 Square Feet
- Dimensions: 25X125
Details
- Parcel number: 12262050090000
- Zoning: MULTI
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- New construction: No
- Year built: 1966
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: River Grove
Financial & listing details
- Tax assessed value: $439,790
- Annual tax amount: $14,221
- Date on market: 11/8/2026
- Ownership: Fee Simple
Estimated market value
$773,700
$735,000 - $812,000
$2,801/mo
Price history
| Date | Event | Price |
|---|---|---|
| 11/8/2026 | Listed for sale | $750,000-6.1% |
Source: | ||
| 11/5/2026 | Listing removed | $799,000 |
Source: | ||
| 11/2/2026 | Price change | $799,000-2.4% |
Source: | ||
| 10/19/2026 | Listed for sale | $819,000+34.3% |
Source: | ||
| 10/14/2022 | Sold | $610,000-0.8% |
Source: | ||
| 8/1/2022 | Contingent | $615,000 |
Source: | ||
| 7/19/2022 | Price change | $615,000-0.8% |
Source: | ||
| 7/4/2022 | Price change | $620,000-3.1% |
Source: | ||
| 5/23/2022 | Listed for sale | $640,000+23.1% |
Source: | ||
| 8/1/2019 | Sold | $520,000-6.3% |
Source: | ||
| 6/28/2019 | Pending sale | $555,000 |
Source: BHHS KoenigRubloff Realty Group #10367805 Report a problem | ||
| 6/20/2019 | Price change | $555,000-0.9% |
Source: Berkshire Hathaway HomeServices KoenigRubloff Realty Group #10367805 Report a problem | ||
| 5/4/2019 | Listed for sale | $560,000+87.9% |
Source: Berkshire Hathaway HomeServices KoenigRubloff #10367805 Report a problem | ||
| 4/9/2010 | Sold | $298,000-43.2% |
Source: Public Record Report a problem | ||
| 12/21/2004 | Sold | $525,000+8% |
Source: Public Record Report a problem | ||
| 3/11/2004 | Sold | $486,000+47.3% |
Source: Public Record Report a problem | ||
| 2/18/1999 | Sold | $330,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $15,015 +5.6% | $43,979 +0% |
| 2023 | $14,221 +2% | $43,977 |
| 2022 | $13,942 +4.2% | $43,977 +23.6% |
| 2021 | $13,379 +5.3% | $35,583 |
| 2020 | $12,710 +6% | $35,583 -14.6% |
| 2019 | $11,989 +13.8% | $41,667 +23.2% |
| 2018 | $10,536 +1% | $33,809 |
| 2017 | $10,430 +9.7% | $33,809 |
| 2016 | $9,504 +19.5% | $33,809 +24.3% |
| 2015 | $7,954 -4.7% | $27,210 -4.9% |
| 2014 | $8,349 +1.6% | $28,621 -2.5% |
| 2013 | $8,215 +4.6% | $29,346 -7% |
| 2012 | $7,854 +7.1% | $31,570 |
| 2011 | $7,336 +114.4% | $31,570 +114% |
| 2010 | $3,422 -58.6% | $14,753 -65.3% |
| 2009 | $8,262 +8.2% | $42,497 -12% |
| 2008 | $7,638 -15.5% | $48,293 |
| 2007 | $9,041 +15% | $48,293 +21.9% |
| 2006 | $7,865 +1.5% | $39,616 |
| 2005 | $7,748 +1.4% | $39,616 |
| 2004 | $7,644 +13% | $39,616 +12.7% |
| 2003 | $6,763 +11.3% | $35,141 |
| 2002 | $6,073 +6.9% | $35,141 |
| 2001 | $5,683 +5.1% | $35,141 +9.5% |
| 2000 | $5,410 -1.2% | $32,080 |
| 1999 | $5,473 | $32,080 |
Find assessor info on the county website
Monthly payment
Est. payment




