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102 S Walnut Street

Lindenwood, IL 61049
  • $295,000
  • STATUS: Active
  • ON SITE: 58 Days
  • MLS #: 12258335
Price Reduced
UPDATED: 41 min ago
$295,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1950
County:
Area:

School Ratings & Info

Description

This well-maintained 5-family property offers great investment potential with excellent cash flow, located in a charming community of Lindenwood just off Rt 64 (North Avenue) and close to I-39 for easy commuting. Situated on a double lot, the property boasts a spacious yard that provides ample outdoor space for tenants. With a mix of large apartments, this property appeals to a wide range of renters. Whether you're an experienced investor or just starting out, this multi-family home offers a solid opportunity in a convenient and growing location. Don't miss out on this income-producing gem!

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© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2025-02-17T12:08:02.963 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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102 S Walnut Street Lindenwood, IL 61049

  • Price: $295,000
  • Status: Active
  • On Site: 58 Days
  • Updated: 41 min ago
  • MLS #: 12258335
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1950
Built
Neighborhood:
Ogle
County:
Ogle
Area:
Ogle
Property Description
This well-maintained 5-family property offers great investment potential with excellent cash flow, located in a charming community of Lindenwood just off Rt 64 (North Avenue) and close to I-39 for easy commuting. Situated on a double lot, the property boasts a spacious yard that provides ample outdoor space for tenants. With a mix of large apartments, this property appeals to a wide range of renters. Whether you're an experienced investor or just starting out, this multi-family home offers a solid opportunity in a convenient and growing location. Don't miss out on this income-producing gem!
Exterior Features

Exterior Building Type Vinyl Siding Foundation Details Block Frontage Type City Street Outdoor Parking 6-12 Spaces Roof Structure Flat

Interior Features

Basement Unfinished Cooling None Fireplaces Total 0 Heat Ventilation ElectricGasHot Water Number Of Dishwashers 0 Number Of Dryers 3 Number Of Ranges 5 Number Of Washers 3

Property Features

Additional Parcels YN Yes Approximate Age Older Building Area Total 4405 Built Before1978 YN Yes Current Use Multi-Family Electric Circuit Breakers Fire Protection Smoke or Fire Protectors Gross Income 39480 Gross Scheduled Income 39480 Insurance Expense 3552 Maintenance Expense 0 Mls Actual Status Price Change Net Operating Income 23964 Operating Expense 15516 Ownership Types Corporation Tax Annual Amount 3407 Tax Year 2023 Tenant Pays Varies by Tenant Total Monthly Income 3290 Township Lynville Type Multi Family 5+ Utilities Well Private Zoning COMMR

Listing information © 2025 Midwest Real Estate Data LLC.
Listing provided courtesy of RE/MAX of Rock Valley: 815-732-9100.


© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2025-02-17T12:08:02.963 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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