3404 Salem Walk

Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Well-maintained 6-unit multifamily building located in a highly desirable Northbrook location. All units are fully rented to long-term tenants, providing steady and reliable rental income. Each unit features laminate flooring throughout, with select units offering updated kitchen cabinets and renovated bathrooms. The building is in good interior and exterior condition, reflecting strong upkeep and pride of ownership. Ideally situated near shopping, dining, parks, award-winning schools, Glenbrook...Well-maintained 6-unit multifamily building located in a highly desirable Northbrook location. All units are fully rented to long-term tenants, providing steady and reliable rental income. Each unit features laminate flooring throughout, with select units offering updated kitchen cabinets and renovated bathrooms. The building is in good interior and exterior condition, reflecting strong upkeep and pride of ownership. Ideally situated near shopping, dining, parks, award-winning schools, Glenbrook Hospital, and major highways for convenient access. Turnkey investment opportunity in a prime location-don't miss this one!
  1. Listed by Gina Kim • Baird & Warner
    P: (847)-208-0016 C: (847)-208-0016 gina.kim@bairdwarner.com

Property Details for 3404 Salem Walk

Area
Northbrook
Air Conditioning Type
Wall Sleeve
Num of Interior Fireplaces
0
Zoning
MULTI
LISTING UPDATED: 02/16/2026 12:08 AM

Property Details for 3404 Salem Walk

StatusActive
MLS #12559965
Days on Market10
Taxes$17,630 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Flats
Year Built1978
Lot Size0.08 AC / 3,584 SF
CountyCook County

Location

Listing Courtesy of Baird & Warner
Add your commute

Building Information for 3404 Salem Walk

Stories3Residences6Year Built1978Building Size-Lot Size0.08 AC / 3,584 SF

Payment Calculator

$7,561 per month

30 year fixed, 6.15% Interest

Principal and Interest

$6,092

Property Taxes

$1,469

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3404 Salem Walk

General Information
Location and General Information
  • Information: List Broker Must Accompany,48-Hr Notice Required,Other-See Remarks
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Basement Type: None
  • Air Conditioning: Wall Sleeve
  • Electric: Circuit Breakers, Service - 0 to 100 Amps
  • # Of Washers: 1
  • Heat/Ventilation: Central Heat/Indiv Controls,Gas,Hot Water,Baseboard
  • # Of Window/Ac: 12
  • # Of Refrigerators: 6
  • Washer/Dryer Lsd: No
  • # Of Dryers: 1
  • # Of Dishwashers: 6
  • Num of Baths: 6.0
Exterior Features
  • Misc Outside: Balcony/ies,Patio,Storms and Screens (as exist)
Utilities / Equipment
  • Water: Municipal Water
  • Utilities: Sewer Connected
Property/Lot Information
  • Tenant Pays: Electricity
  • Built Before 1978: No
  • Approximate Age: 36-50 Years
  • Multi-Family Type: Flats
  • Lot Dimensions: 64X56
  • Stories: 3
  • Construction: Brick
  • Roof Type: Composition
  • Fire Protection: Fire Extinguisher/s,Smoke or Fire Protectors
  • Roof Structure: Hip
  • Foundation Details: Concrete Perimeter
  • # Of Ranges: 6
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 20
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
Income & Expenses
  • Electric Expense: $432.00
  • Fuel Expense: $3,309.00
  • Gross Income: $105,000.00
  • Gross Scheduled Income: $105,000.00
  • Insurance Expense: $3,405.00
  • Maintenance Expense: $348.00
  • Expense Year: 2025
  • Janitor Expense: 0
  • Other Expense Source: Actual
  • Total Monthly Income: 8750
  • Net Operating Income: $69,664.00
  • Operating Expense: $35,336.00
  • Other Expense: $6,600.00
  • Trash Expense: $.00
  • Water Sewer Expense: $3,612.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 1
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 1
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 1
Unit 4
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 1
Unit 5
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 1
Unit 6
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 1
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 3404 Salem Walk

DateEvent & SourcePriceAppreciation
Feb 10, 2026

Listed (Active)

MRED #12559965

$1,250,000
Jul 22, 2005

Sold (Public Record)

Public Record #163617292

$727,500

+6.7% / yr

Jul 7, 2004

Sold (Public Record)

Public Record #139011344

$680,000
DateEvent & SourcePrice
02/10/2026

Listed (Active)

MRED #12559965

$1,250,000
07/22/2005

Sold (Public Record)

Public Record #163617292

$727,500

+6.7% / yr

07/07/2004

Sold (Public Record)

Public Record #139011344

$680,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3404 Salem Walk

Taxable ValueLand$3,603Additions$71,396Total$74,999
Tax Record2023$16,426 ($1,369 / month)
Home Facts
Baths6Total Finished SqFt6,393 SqFtAbove Grade Finished SqFt6,393 SqFtStories3Lot Size3,276 SqFtStyleMulti-Family Res (5+ Units)Year Built1977CountyCOOKAPN04-30-210-038

Schools near 3404 Salem Walk

This home is within Glenbrook High School District 225.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Henry Winkelman Elementary School
PublicPK to 5

Field School
Public6 to 8

Glenbrook South High School
Public9 to 12

Glenbrook Off-Campus Center
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

3404 Salem Walk is a multi-family home for sale in Northbrook, IL 60062. This property was listed for sale on February 10, 2026 by Baird & Warner, it's currently listed at $1,250,000. It has been on the market for a total of 10 days and was last sold on July 22, 2005. This listing's school districts are West Northfield School District 31, Glenbrook High School District 225. Nearby schools include Henry Winkelman Elementary School, Field School and Glenbrook South High School. 3404 Salem Walk is a 11-bed, 6-bath, multi-family home built in 1978.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Baird & Warner

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 02/16/2026 12:08 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.