Contact us: 563.441.1776
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 Highlights
Property Type: Multi Unit - Multiple
General Information
Bedrooms: 5
Bathrooms: 3
County: LaSalle
High School: La Salle-Peru Twp High School
Listed By:
john greene Realtor
630-820-6500
MRED MLS
MLS ID: 12702855
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505 Lindberg Road , La Salle, IL 61301.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $245,000 | $245,000 | $245,000 |
| Down Payment | $49,000 | $8,575 | $61,250 |
| Monthly Mortgage Amount | $1,207 | $1,462 | $1,526 |
| Taxes | $341 | $341 | $341 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $108 | $0 |
| Monthly Estimated Total | $1,648 | $2,011 | $1,967 |
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/13/2026. The listing information on this page last changed on 07/13/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 07/13/2026 5:14:00 AM EST) or MRED MLS (last updated Mon 07/13/2026 2:04:26 AM EST) or SCWMLS (last updated Sun 07/12/2026 11:54:41 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Sun 07/12/2026 10:16:27 PM EST) or Cedar Rapids MLS (last updated Sun 07/12/2026 10:44:15 PM EST) or NEIRBR MLS (last updated Mon 07/13/2026 1:18:40 AM EST) or ICAAR MLS (last updated Sun 07/12/2026 11:37:32 PM EST) or ECIMLS (last updated Sun 07/12/2026 11:44:33 PM EST) or RMLSA (last updated Mon 07/13/2026 1:10:53 AM EST) or Muscatine MLS (last updated Mon 07/13/2026 2:00:11 AM EST) or No Coast MLS (last updated Mon 07/13/2026 12:44:18 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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