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$ 829,000
Est. payment /mo
Active Under Contract
4335 Lindenwood DR Matteson, IL 60443
5,680 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active Under Contract
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
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Joseph Batliner of Listing Leaders Northwest, Inc
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