About This Home

This 5-bedroom, 3-bathroom residential multi family at 505 Lindberg Road in Lasalle, IL is listed for $245,000. on a 0.11 acres lot.

Key Features

  • 0.11 acre lot
  • 5 parking spaces

Property Details

3 full
5 spaces
Listing Description

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.

Monthly Cost Estimate

$1,310/mo

20% down · 6.5% · 30 years

Principal$177
Interest$1,062
Insurance$71

Estimates only. Actual payments may vary.

Location

505 Lindberg Road

Lasalle, IL 61301

Property Details

Construction

Brick

Parking

OwnedOff StreetDriveway

Heating

Natural GasForced Air

Questions & Answers

This 5-bedroom, 3-bathroom residential multi family at 505 Lindberg Road is listed at $245,000. The estimated monthly payment is $1,310 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 0.11 acre lot, 5 parking spaces.

This property is listed by Christina Atamian.

CA

Christina Atamian

Agent at john greene Realtor

Agent website

Listed by john greene Realtor · Broker phone: 6308206500 · View on Broker Site · Broker website

MLS# 12702855· Source: Midwest Real Estate Data, LLC· 98 days on PropertySimple

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

505 Lindberg Road, Lasalle, IL 61301

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