440 Roberts Dr, Glenwood, IL 60425
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.