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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    102 Walnut St, Lindenwood, IL 61049

    Individually Owned 6-yr Hold Free & Clear
    Property ID
    US28-2919553
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Ryan M Hahn · 6 yrs held
    Ryan M Hahn
    since 2019
    5 recorded transactions
    2020
    2019
    $113,000
    1969
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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