4335 Lindenwood Drive, Matteson, IL

$829,000

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About 4335 Lindenwood Drive

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.

Features of 4335 Lindenwood Drive

MLS® # 12488966
Price $829,000
Bathrooms 0.00
Acres 0.00
Year Built 1969
Type Commercial Sale
Sub-Type Multi Family 5+
Status Active

Community Information

Address 4335 Lindenwood Drive
Area Matteson
City Matteson
County Cook
State IL
Zip Code 60443

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Wall Sleeve
Fireplace No
Has Basement No

Exterior

Exterior Brick

Additional Information

Days on Market 11
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeListing Leaders Northwest, Inc
Contact Info219-961-5478

Listing Map

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