For Sale
$325,000

102 Walnut St Lindenwood, IL 61049

Five-Family Property, Excellent Cash Flow

Overview

Added:
Feb 3
Days on market:
78
This exceptional five-family property, located at 102 S Walnut Street in the desirable Lindenwood, IL community, presents a compelling investment opportunity. Priced at $325,000, this well-maintained building offers a substantial 4,405 square feet of living space, spread across a mix of generously sized apartments designed to attract a diverse range of tenants. Its convenient location just off Route 64 (North Avenue) and in close proximity to I-39 ensures easy commuting for residents. The property sits on a double lot, providing a spacious yard – a rare and attractive feature for multi-family dwellings. This translates to ample outdoor space for tenants, enhancing the overall appeal and livability of the building. The strong rental income generated by this property makes it an ideal investment for both seasoned investors seeking a reliable cash flow and those new to the market looking for a solid foundation for their portfolio. The building's excellent condition minimizes immediate maintenance needs, further enhancing its investment potential. This income-producing property in a growing community represents a rare opportunity to acquire a well-situated, high-return investment. Don't miss this chance to secure a valuable asset in a thriving location.

Property Details for 102 Walnut St

Property type
Commercial real estate
Square Feet
4,405 SF
Year Built
1950

Location Insight

City
Lindenwood
County
Ogle
State
Illinois
Latitude
42.05297
Longitude
-89.03041

FAQs

What type of property is this?
Commercial real estate - Five-Family Property, Excellent Cash Flow
Where is the commercial real estate located?
The property is located at 102 Walnut St Lindenwood, IL.
What is the asking price?
The asking price for this property is $325,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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102 Walnut St
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