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22 Properties Within 0.5 miles of: 502 N Roberts, Glenwood

502 N Roberts
Glenwood, IL 60425

  • Built In 1967
Price

$1,300,000

Est Payment
$9,424 / month (details)  
Taxes
$30,393  
Type
Multi Family 5+  
Sq. Ft.
n/a  
Lot Size
22250  
Built
1967  
Neighborhood
Glenwood  
MLS
#12450881
Status
Active (16 days)

Property Description

Great Investment Opportunity, 502-504-506 Roberts Drive presents a unique opportunity to acquire a well-maintained 12-unit brick building, 6 one bedrooms and 6 two bedrooms units in the charming community of Glenwood, Illinois. This property offers consistent rental income with all units featuring spacious layouts, abundant natural light, generous closet space, and functional floor plans designed for tenant convenience and on-sight laundry facility. Ideally located near S. Halsted Street, the primary north/south arterial through Chicago's south suburbs, the property benefits from excellent accessibility and visibility. S. Halsted averages 21,100 vehicles per day and provides access to a wide range of retailers, dining, services, and community amenities. Additionally, the property is adjacent to ongoing redevelopment efforts within Glenwood's commercial corridor-further enhancing long-term investment value. Glenwood is a reputable and sought-after bedroom community, offering residents a peaceful suburban setting with easy commutes to Chicago and the surrounding Chicagoland area. Whether you're an experienced investor looking to expand your portfolio or a buyer seeking a reliable, income-producing asset, this 12-unit building is a fantastic opportunity. Roof replacements, coin laundry, interior and exterior lighting, thermostats in all units from 2022-2024. Contact us today to schedule a private tour and explore the potential of this strong investment property.

Property Map

Property Details

Utilities

  • Heating
  • Cooling Central Air
  • Water
  • Sewer

Additional Information

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

08-25-2025 Listed at $1,300,000
Last Modified 8/31/25 12:05 AM

Nearby Transportation

  • I 80 East 1.4 mi
  • I 294 South 1.4 mi
  • I 80 West 1.7 mi
  • I 294 North 1.7 mi
  • Hwy 394 South 2.9 mi
  • Hwy 394 North 3.1 mi
  • I 94 East 4.0 mi
  • I 94 West 4.2 mi
  • Hwy 6 West 4.2 mi
  • Hwy 6 East 4.2 mi
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