For Sale
$1,350,000

440 Roberts Dr Glenwood, IL 60425

12-Unit Multifamily, High-Traffic Location

Overview

Added:
Feb 3
Days on market:
78
This exceptional investment opportunity presents a well-maintained 12-unit commercial building situated on a half-acre lot at 440 N Roberts Drive in Glenwood, Illinois. The property boasts a total of 12,000 square feet and is priced at $1,350,000. Each unit offers spacious and comfortable living areas, abundant natural light, and ample closet space, ensuring tenant satisfaction and consistent rental income. The building's prime location along S. Halsted Street, a major north-south artery in the South Chicagoland suburbs, benefits from high traffic volume averaging 21,100 vehicles daily. This high visibility ensures easy access to a variety of retail options, commercial services, and more, enhancing the property's appeal and potential for strong rental demand. Glenwood itself is a thriving bedroom community, offering residents a convenient commute to Chicago and the surrounding areas. The property is adjacent to a planned redevelopment project focused on revitalizing Glenwood's commercial corridor, promising future growth and increased property value. This 12-unit building represents a compelling investment opportunity for those seeking a stable income stream in a desirable and rapidly developing location. The property's strong tenant occupancy, combined with its strategic location and the ongoing community improvements, makes this a truly attractive investment prospect.

Property Details for 440 Roberts Dr

Property type
Commercial real estate
Square Feet
12,000 SF
Year Built
1974
Lot Size (sq. ft)
21,780 SF

Location Insight

City
Glenwood
County
Cook
State
Illinois
Latitude
41.5539
Longitude
-87.63382

FAQs

What type of property is this?
Commercial real estate - 12-Unit Multifamily, High-Traffic Location
Where is the commercial real estate located?
The property is located at 440 Roberts Dr Glenwood, IL.
What is the asking price?
The asking price for this property is $1,350,000.
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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440 Roberts Dr
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