Excellent Investment Opportunity in the heart of LaSalle. This well-maintained 3-unit property offers approximately a total of 2,500 square feet of living space and a strong combination of immediate rental income and future value-add potential. The building features a 1-bedroom, 1-bath basement unit, a 2-bedroom, 1-bath second-floor unit, and a 2-bedroom, 1-bath third-floor unit. With long-term tenants in place, this property provides reliable rental income from an established tenant base. Major mechanical updates include a HVAC system and water heater replaced approximately five years ago. The third-floor unit has been extensively updated in 2025 with a remodeled kitchen, new plumbing and toilet, new light fixtures, new appliances, and a rebuilt exterior patio stairway. The second-floor unit was renovated in 2024 with a remodeled kitchen, new flooring throughout, and a newly finished ceiling, plus a new side entry door installed in 2026. The basement unit offers an opportunity for improvements, allowing the next owner to add value and increase future rental potential. Whether you're looking to expand your investment portfolio or purchase a property with both dependable cash flow and upside, this triplex is an opportunity you won't want to miss.
Listed By
Agency Name: john greene Realtor
Agency Phone: 630-820-6500
Shown By
Agent Name: Carol 'Korky' Williams
Agent Phone: (815) 494-7812
Agency Title: Gambino Realtors
Estimated Payment
$ 1,456.07 per month $1,112.87 Principal & Interest $271.75 Property Tax $71.46 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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505 Lindberg Road | MLS# 12702855
This multi-family property located at 505 Lindberg Road , La Salle, IL 61301 is currently listed for sale with an asking price of $245,000. Lindberg Road is located within the District 120 school district. Search La Salle real estate on cwilliams.gogambino.com today.