Welcome to Walker Hill, a multi-family investment opportunity located in the scenic countryside of Grand Tower, IL. Set in a peaceful rural setting, the location offers tenants a quiet lifestyle while giving investors the chance to unlock tremendous value. This property consists of four buildings with a total of 12 units, 10 one-bedroom apartments (including one fully handicap accessible) and 2 two-bedroom units. Each unit features one bathroom, a generously sized pantry, and ample storage space, Currently, four units are occupied while the remaining eight require varying levels of renovations. Currently operating as income-based subsidized housing. 24 hr notice required for showing occupied units. The property includes a coin-operated laundry facility, providing an added income stream for owner and convenience for tenants. The property is currently in foreclosure and is being sold strictly as is. Whether you’re expanding your portfolio or searching for your next high-potential project, Walker Hill delivers an all-in-one investment.
For sale
Price cut: $15K (6/12)
$355,000
612 E 3rd Ave, Grand Tower, IL 62942
3beds
2baths
1,250sqft
Est.:
Multi Family, Apartment
Built in 1988
-- sqft lot
$-- Zestimate®
$284/sqft
$-- HOA
What's special
Scenic countrysideAmple storage spacePeaceful rural settingGenerously sized pantry
- 32 days
- on Zillow |
- 143 |
- 9 |
Zillow last checked: 7 hours ago
Listing updated: June 13, 2025 at 01:01pm
Listed by:
LATIA K HAYES Phone:618-529-4663,
EXIT REALTY NEW BEGINNINGZ,
TAMIKO C MUELLER,
EXIT REALTY NEW BEGINNINGZ M
Source: RMLS Alliance,MLS#: EB457903
Originating MLS: Egyptian Board of REALTORS

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: Water Heater
- Laundry: Common Area
Features
- Basement: None
Interior area
- Total structure area: 1,250
- Total interior livable area: 1,250 sqft
Property
Parking
- Total spaces: 12
Lot
- Features: Other
Details
- Additional parcels included: 1625201009 & 1625130001
- Parcel number: 1625201002
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Aluminum Siding, Brick
- Foundation: Concrete Perimeter
- Roof: Shingle
Condition
- New construction: No
- Year built: 1988
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: None
Location
- Region: Grand Tower
Financial & listing details
- Price per square foot: $284/sqft
- Date on market: 5/12/2025
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