102 Walnut St, Lindenwood, IL 61049
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
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.