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ActiveMLS #: 127028551 / 35Get an accurate number
ActiveMLS #: 127028551 / 355 Beds
$245,000
505 Lindberg Road, Lasalle IL, 61301
Est. payment: $1,569/mo · 20% down, 30-year fixed at 6.95%, principal, interest, and taxes per the listing
Lot size
0.11 acres
Property type
Two to Four Units
Listed by Christina Atamian with john greene Realtor
Questions about this home: Nick Rife, Rife Realty, (815) 258-1471 or Nick@RifeRealty.com
Overview
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.
Location
505 Lindberg Road, Lasalle IL, 61301
- Township
- LaSalle
- County
- LaSalle
- Area
- La Salle County
Interior
- Bedrooms
- 5
- Total rooms
- 16
- Basement
- Finished, Exterior Entry, Walk-Up Access, Full
- Heating
- Natural Gas, Forced Air
Exterior and lot
- Construction
- Brick
- Lot size
- 0.11 acres (51.2 X 100.8)
- Parking
- Off Street, Driveway, Additional Parking, Owned
- Total parking
- 5
- Sewer
- Public Sewer
- Water
- Public
Schools
- Elementary district
- 122
- Middle district
- 122
- High school
- La Salle-Peru Twp High School
Listing details
- MLS number
- 12702855
- Status
- Active
- Property type
- Two to Four Units
- Town
- Lasalle
- ZIP
- 61301
- Updated
- Jul 18, 2026
Estimate your payment
Term, years
Your monthly payment will be
$1,569
Principal, interest, and estimated taxes.
Loan $196,000 Down $49,000
- Principal and interest
- $1,297
- Property taxes (2025, per the listing)
- $272
Ballpark estimated payments for planning. Not a quote or a preapproval.
What this estimate includes
Principal, interest, and property taxes: the listing's reported bill when MRED has one, otherwise an estimate from typical corridor rates. Insurance and any PMI are not included, and this is not an offer of credit. Your real number depends on your credit, the lender, and the property.
Talk to Nick and he will connect you with one of his preferred lenders for a real figure.
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Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of Sep 21, 2026, 10:59 PM CT. 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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