Matteson, IL 60443,4335 Lindenwood DR
Matteson, IL 60443,4335 Lindenwood DR
Matteson, IL 60443,4335 Lindenwood DR
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$829,000
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5,680 SqFt
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4335 Lindenwood DR Matteson, IL 60443

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Realty Executives Premier Illinois

Realty Executives Premier Illinois

+1(630) 668-1199

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Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 5,680 sqft

Price per Sqft $145

MLS Listing ID 12488966

Maintenance Fees $1,500

Year Built 1969

Annual Tax Amount $18,000

Tax Year 2023

Lot Dimensions 12000

Property Sub-Type Multi Family 5+

Property Description

AJ Commercial Group is pleased to present 4335 Lindenwood Dr, a stabilized 6-unit multifamily property offering strong in-place income and immediate upside through rent growth. The building features (5) fully updated units and (1) partially updated unit with a renovated kitchen-making it an ideal turnkey acquisition for investors seeking dependable cash flow with limited maintenance exposure. Major capital improvements have already been completed, including a new roof (2023), boiler (2020), and water heater (2020)-ensuring long-term stability and minimal near-term expenses. The property comprises a balanced mix of (5) two-bedroom and (1) one-bedroom apartments, all spacious, and well-kept. Ideally positioned in Matteson's south suburban corridor, the property offers quick access to I-57, I-80, I-294, and I-355, as well as Metra Electric service to downtown Chicago. The nearby Market Square Crossing redevelopment and major retail along Cicero Ave and Lincoln Hwy further enhance long-term appreciation potential.

Location

State IL

County Cook

Area Matteson

Zoning MULTI

Interior

Cooling Wall Sleeve

Fireplace N

Building

Dwelling Type Multi Family 5+

Structure Type Brick


Midwest Real Estate Data (MRED) IDX
Listed by Joseph Batliner of  Listing Leaders Northwest, Inc 

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Realty Executives Premier Illinois

Realty Executives Premier Illinois

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+1(630) 668-1199

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4335 Lindenwood DR