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Listed by Joseph Batlinerof Listing Leaders Northwest, Inc
$ 829,000
Est. payment | /mo
5,680 SqFt
$ 829,000
Est. payment | /mo
5,680 SqFt
Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 5,680 sqft
Price per Sqft $145
MLS Listing ID 12488966
Year Built 1969
Annual Tax Amount $18,000
Tax Year 2023
Lot Dimensions 12000
Property Sub-Type Multi Family 5+
Property Description
AJ Commercial Group is pleased to present 4335 Lindenwood Dr, a stabilized 6-unit multifamily property offering strong in-place income and immediate upside through rent growth. The building features (5) fully updated units and (1) partially updated unit with a renovated kitchen-making it an ideal turnkey acquisition for investors seeking dependable cash flow with limited maintenance exposure. Major capital improvements have already been completed, including a new roof (2023), boiler (2020), and water heater (2020)-ensuring long-term stability and minimal near-term expenses. The property comprises a balanced mix of (5) two-bedroom and (1) one-bedroom apartments, all spacious, and well-kept. Ideally positioned in Matteson's south suburban corridor, the property offers quick access to I-57, I-80, I-294, and I-355, as well as Metra Electric service to downtown Chicago. The nearby Market Square Crossing redevelopment and major retail along Cicero Ave and Lincoln Hwy further enhance long-term appreciation potential.
Location
State IL
County Cook
Zoning MULTI
Interior
Cooling Wall Sleeve
Fireplace N
Exterior
View Y/N true
Building
Structure Type Brick
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2600 S. Michigan Ave., STE 102, Chicago, IL, 60616, United States