505 Lindberg Road, Lasalle, Illinois 61301
$245,000
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For Sale
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| Status: | Active |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 5 |
| Baths: | 0 |
| Year Built: | — |
| Property Taxes: | $3,261 |
| Days On Market: | 26 |
| Lot Size: | 0,11 |
Description
Excellent Investment Opportunity in the heart of LaSalle. This well-maintained 3-unit property offers approximately a total of 2,500 square feet of living space and a strong combination of immediate rental income and future value-add potential. The building features a 1-bedroom, 1-bath basement unit, a 2-bedroom, 1-bath second-floor unit, and a 2-bedroom, 1-bath third-floor unit. With long-term tenants in place, this property provides reliable rental income from an established tenant base. Major mechanical updates include a HVAC system and water heater replaced approximately five years ago. The third-floor unit has been extensively updated in 2025 with a remodeled kitchen, new plumbing and toilet, new light fixtures, new appliances, and a rebuilt exterior patio stairway. The second-floor unit was renovated in 2024 with a remodeled kitchen, new flooring throughout, and a newly finished ceiling, plus a new side entry door installed in 2026. The basement unit offers an opportunity for improvements, allowing the next owner to add value and increase future rental potential. Whether you're looking to expand your investment portfolio or purchase a property with both dependable cash flow and upside, this triplex is an opportunity you won't want to miss.
Property Specifics
| Multi-unit | |
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| No | |
| 0.11 |
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| — / — | |
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| 12702855 | |
| 1810330013 |
Nearby Schools
| NAME: | DISTRICT: | DISTANCE: | |
|---|---|---|---|
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High School
La Salle-peru Twp High School |
120 | Not in DB | |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 1 Feb, 2024 | Sold | $91,000 | MRED MLS |
| 13 Jan, 2024 | Under contract | $94,900 | MRED MLS |
| 17 Dec, 2023 | Listed for sale | $94,900 | MRED MLS |
| 12 Jul, 2026 | Listed for sale | $245,000 | MRED MLS |
Room Specifics
Total Bedrooms: 5
Bedrooms Above Ground: 5
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 3
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Basement Description: —
Other Specifics
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| 51.2 X 100.8 | |
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| Not in DB | |
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Tax History
| Year | Property Taxes |
|---|---|
| 2024 | $3,270 |
| 2026 | $3,261 |
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Listing Provided By
john greene Realtor
