326 S Walnut Street Sycamore, IL 60178 • Multi Unit - Multiple • Active $275,000

Description

Looking for an investment property or a way to have rental income help pay your mortgage? Welcome to 326 S. Walnut Street in Sycamore, IL! This two-unit property offers a great opportunity for investors looking to expand their portfolio or buyers interested in living in one unit while renting the other. With a spacious three-bedroom first-floor apartment and an occupied second-floor unit generating $975 per month, this property offers flexibility and income potential! The first-floor apartment received a major refresh in August 2026, including new flooring, fresh paint, and brand-new stainless steel refrigerator, stove, and microwave. This three-bedroom, one-bath unit features a comfortable living room, an eat-in kitchen with white cabinetry, and a refreshed bathroom with a tiled tub and shower surround. The third bedroom is surrounded by windows, filling the room with natural light and offering a versatile space that could also serve as a home office. The full basement provides additional storage and laundry space, with the basement masonry recently cleaned and coated with waterproofing paint. The second-floor apartment was remodeled in 2020 and features one bedroom, one bathroom, a living room, and an eat-in kitchen. Improvements include electrical updates in 2020, a new refrigerator in January 2026, and a new A/C in May 2026. The upstairs apartment is currently rented for $975 per month, with the lease running through January 31, 2027. Additional features include separate gas and electric meters, off-street parking, and a convenient location near downtown Sycamore's shops, restaurants, and community amenities. Whether you're looking for a two-unit investment property or an opportunity to live in one unit while the other helps offset your mortgage, 326 S. Walnut Street is ready for its next owner!

Property Highlights