Property summary
This exceptional investment opportunity presents a well-maintained 12-unit commercial building situated on a half-acre lot at 440 N Roberts Drive in Glenwood, Illinois. The property boasts a total of 12,000 square feet and is priced at $1,350,000. Each unit offers spacious and comfortable living areas, abundant natural light, and ample closet space, ensuring tenant satisfaction and consistent rental income. The building's prime location along S. Halsted Street, a major north-south artery in the South Chicagoland suburbs, benefits from high traffic volume averaging 21,100 vehicles daily. This high visibility ensures easy access to a variety of retail options, commercial services, and more, enhancing the property's appeal and potential for strong rental demand. Glenwood itself is a thriving bedroom community, offering residents a convenient commute to Chicago and the surrounding areas. The property is adjacent to a planned redevelopment project focused on revitalizing Glenwood's commercial corridor, promising future growth and increased property value. This 12-unit building represents a compelling investment opportunity for those seeking a stable income stream in a desirable and rapidly developing location. The property's strong tenant occupancy, combined with its strategic location and the ongoing community improvements, makes this a truly attractive investment prospect.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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