Glenwood, IL 60425 440 N Roberts Drive

440 N Roberts Drive Glenwood, IL - Image 1440 N Roberts Drive Glenwood, IL - Image 2440 N Roberts Drive Glenwood, IL - Image 3
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440 N Roberts Drive Glenwood, IL - Image 4440 N Roberts Drive Glenwood, IL - Image 5440 N Roberts Drive Glenwood, IL - Image 6
Presented By: Berkshire Hathaway HomeServices Chicago
  • MLS# 12140416
  • 09/04/2024
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  • Beds • 2
  • SQFT • 12,000

Home Details

436-40 Roberts Dr., is a a unique investment opportunity in the charming community of Glenwood, Illinois. This well-maintained 12-unit building offers consistent rental income with all units featuring a spacious and comfortable layout. Generous living spaces with ample natural light and closet space, well-appointed and functional, ensuring convenience for tenants. Close in proximity to S. Halsted St., the primary N/S arterial road through the South Chicagoland suburbs. Averaging 21,100 vehicles per day, S. Halsted St. provides the community with a variety of local and big box retailers, commercial goods/services, and much more. Adjacent to this property is a concerted effort to redevelop Glenwood's commercial corridor. A reputable bedroom community, Glenwood is ideal for those seeking an expedient commute to the city, and the surrounding Chicagoland area. Whether you're an experienced investor looking to expand your portfolio or someone seeking a solid income-generating property, this 12-unit building in Glenwood is a fantastic opportunity. Don't miss your chance to own a piece of this thriving community. Contact us today to schedule a viewing and explore the potential of this promising real estate investment!
Presented By: Berkshire Hathaway HomeServices Chicago

General for 440 N Roberts Drive

Additional Parcels Y/NYes
Cap Rate7.2
CityGlenwood
CoolingCentral Air
CountyCook
DirectionsHalsted to 183rd St, East to Roberts, South to address.
Electric Expense882
Fuel Expense2637
Gross Income168391
Insurance Expense5829
Lot Size Square Feet24000
MLS AreaGlenwood
Maintenance Expense7850
ModificationTimestamp2025-05-25T05:07:03.888Z
Net Operating Income97081
Number Of Units Total12
Operating Expense71309
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive
StatusActive
Stories2
Tax Annual Amount39407
Tax Year2023
Tenant PaysElectricity, Heat
Trash Expense3272
Water Sewer Expense4527
Year Built1974
ZoningMULTI

Exterior for 440 N Roberts Drive

Building Area Total12000
Lot Dimensions200 X 120
Lot Size Acres0.5

Additional Details

Price History

Client Care

Price $1,350,000
MLS#12140416
List Date 09/04/2024
Property Type Multi-Family
Phone 847.485.2500
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