Technical
Financial
Distress signals
Property profile

102 Walnut St Lindenwood, IL 61049

OFF-MARKET
Commercial real estate
Property ID
US28-2919553
Individually Owned 6-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional five-family property, located at 102 S Walnut Street in the desirable Lindenwood, IL community, presents a compelling investment opportunity. Priced at $325,000, this well-maintained building offers a substantial 4,405 square feet of living space, spread across a mix of generously sized apartments designed to attract a diverse range of tenants. Its convenient location just off Route 64 (North Avenue) and in close proximity to I-39 ensures easy commuting for residents. The property sits on a double lot, providing a spacious yard – a rare and attractive feature for multi-family dwellings. This translates to ample outdoor space for tenants, enhancing the overall appeal and livability of the building. The strong rental income generated by this property makes it an ideal investment for both seasoned investors seeking a reliable cash flow and those new to the market looking for a solid foundation for their portfolio. The building's excellent condition minimizes immediate maintenance needs, further enhancing its investment potential. This income-producing property in a growing community represents a rare opportunity to acquire a well-situated, high-return investment. Don't miss this chance to secure a valuable asset in a thriving location.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
APN 19-05-380-007
UPID US28-2919553

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

102 Walnut St Lindenwood, IL 61049
Lindenwood metro Census 961001 ROCHELLE, IL MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
$120k

Owner & transaction history

since 2019
5 recorded transactions
2020
Price N/A
2019
$113,000
1969
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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