102 Walnut StLindenwood, IL 61049

For Sale
$325,000

Five-Family Property, Excellent Cash Flow

Overview

Added:
Feb 3
Days on market:
39
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
Other 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
102 Walnut St, Lindenwood, Illinois

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
102 Walnut St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message