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Sandy Basel
Cell: (815) 494-4132

8157 Walsh Lane, River Grove, IL 60171

$819,000
  • 8157 Walsh Lane, River Grove, IL 60171 Main Photo

26 Photos

New to the Market Active
BEDS9 BATHS6 full MLS#12788421
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 212

Property Description

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.

8157 Walsh Lane | MLS# 12788421

This multi-family property located at 8157 Walsh Lane, River Grove, IL 60171 is currently listed for sale with an asking price of $819,000. Walsh Lane is located within the District 212 school district. Search River Grove real estate on sbasel.gogambino.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished, Full
Garage: 2
Heating: Gas
Lot Size: 0.12 Acres
Taxes: $14,221
Year Built: 1966

Feature Descriptions

Exterior: Brick
Lot Dimensions: 25X125
Parcel#: 12262050090000
Parking: Garage Door Opener, Yes, Garage Owned, Detached, Garage
Sewer: Public Sewer
Total Rooms: 15
Township: Leyden
Water: Public

Local Schools

School District: District 212

Listed By / Shown By

Listed By

Agency Name: Instavalue Realty Inc
Agency Phone: 773-392-5569

Shown By

Agent Name: Sandy Basel
Agent Phone: Cell: (815) 494-4132
Agency Title: Gambino Realtors

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Estimated Payment

$ 5,144.11 per month $3,720.15 Principal & Interest $1,185.08 Property Tax $238.88 Homeowner's Insurance

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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 10/25/2026. The listing information on this page last changed on 10/25/2026. 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 Sun 10/25/2026 7:10:27 AM EST) or MRED MLS (last updated Sun 10/25/2026 7:05:15 AM EST) or Rockford Board of Realtors (NWIAR) (last updated Sat 10/24/2026 10:18:58 PM EST) or Northern Illinois Commercial Association Realtors (last updated Sat 10/24/2026 2:10:09 PM EST). Real estate listings held by brokerage firms other than Gambino 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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