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About this home
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!
The One Family Residence District is established to provide and maintain an area for development of low-density single-family residences on generally uniform lots with permitted accessory uses. In the northwest quadrant of the corporate limits, this district may also foster the exclusive development of large lot, detached single-family residences served by municipal water and sewer systems. The map symbol and short name for this district shall be R-1.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 100° expected this year, 15 days in 30 years
2/10 Wind Factor
0% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Sycamore, IL • 60178
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Sun exposure
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Provided by Shadowmap
Redfin Estimate for 326 S Walnut St
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $259,000 and $308,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $259K to $308K.