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!
For sale
Price cut: $30K (2/13)
$295,000
102 S Walnut St, Lindenwood, IL 61049
--beds
--baths
4,405sqft
Est.:
5+ Units
Built in 1950
-- sqft lot
$-- Zestimate®
$67/sqft
$-- HOA
What's special
Double lotLarge apartmentsSpacious yard
- 127 days
- on Zillow |
- 138 |
- 3 |
Zillow last checked: 7 hours ago
Listing updated: April 21, 2025 at 08:47am
Listed by:
Carla Benesh 815-985-6235,
Re/Max Of Rock Valley
Source: NorthWest Illinois Alliance of REALTORS®,MLS#: 202407025

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Heating
- Baseboard, Electric, Hot Water/Steam, Natural Gas
Cooling
- None
Appliances
- Included: Refrigerator, Stove/Cooktop, Electric Water Heater
Features
- Basement: Partial
Interior area
- Total structure area: 4,405
- Total interior livable area: 4,405 sqft
- Finished area above ground: 4,405
- Finished area below ground: 0
Property
Parking
- Total spaces: 8
Features
- Levels: Two
- Stories: 2
Details
- Additional parcels included: 1905380007
- Parcel number: 1905380006
- Zoning: Commercial
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5+ Units
Materials
- Siding, Vinyl
- Roof: Rubber
Condition
- Year built: 1950
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: City
- Water: City
- Utilities for property: No Separate Utilities
Community & HOA
Community
- Subdivision: IL
Location
- Region: Lindenwood
Financial & listing details
- Price per square foot: $67/sqft
- Annual tax amount: $2,799
- Price range: $295K - $295K
- Date on market: 12/20/2024
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