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.
MULTIPLE OFFERS RECEIVED, Highest/Best due Friday, Jan 12th, 5:00PM. Fully rented brick 3 unit; Main floor offers a spacious unit of 1164 square feet featuring two bedrooms, one bath, dining room, walk in pantry & enclosed porch. Upper unit offers 582 square feet also with two bedroom & one bath and has an additional bonus room used for storage. Lower level is a one bedroom unit - buyer to verify compliance for usage. All tenants have been long term & would like to continue to rent. Per the seller new efficient water heater & furnace installed in 2022. Laundry hook ups available in basement. AS IS/seller will not provide survey. See Sellers Landlord registration for 3 unit attached in documents.
Public Records
Apr 7, 1994
Sold
$63,000
Year
Property tax
Land + Additions
Assessment*
2013
$3,072
$3,396 + $29,228
$32,624
Public record
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Style
Single Family Residential
County
LaSalle County
APN
1810330013
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Last updated by owner on Apr 11, 2023.
Historical weather
La Salle, IL • 61301
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Sun exposure
85/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in La Salle. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.4 hrs
5.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 505 Lindberg Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $135,000 and $229,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $135K to $229K.