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$1,250,000
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Property Description
436-40 Roberts Dr., is a a unique investment opportunity in the charming community of Glenwood, Illinois. This well-maintained 12-unit building offers consistent rental income with all units featuring a spacious and comfortable layout. Generous living spaces with ample natural light and closet space, well-appointed and functional, ensuring convenience for tenants. Close in proximity to S. Halsted St., the primary N/S arterial road through the South Chicagoland suburbs. Averaging 21,100 vehicles per day, S. Halsted St. provides the community with a variety of local and big box retailers, commercial goods/services, and much more. Adjacent to this property is a concerted effort to redevelop Glenwood's commercial corridor. A reputable bedroom community, Glenwood is ideal for those seeking an expedient commute to the city, and the surrounding Chicagoland area. Whether you're an experienced investor looking to expand your portfolio or someone seeking a solid income-generating property, this 12-unit building in Glenwood is a fantastic opportunity. Don't miss your chance to own a piece of this thriving community. Contact us today to schedule a viewing and explore the potential of this promising real estate investment!
Full Property Details
Full Property Details for 440 N Roberts Dr
General
- Sold For: $1,250,000
- Taxes: $39,407 (2023)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12140416
- Added to Site: 500 day(s) ago
Location
- Area: Glenwood
- County: Cook
- Driving Directions: Halsted to 183rd St, East to Roberts, South to address.
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Heat/Individual Controls, Forced Air
Structural Information
- Stories/Levels: 2
- Square Feet: 12,000
- Year Built: 1974
- Built Before 1978: Yes
Unit Information
- # Dryers: 2
Lot Features
- Lot Size (Acres): 0.5
- Lot Size (Sq. Ft.): 24,000
- Lot Dimensions: 200 x 120
- Zoning: MULTI
Financial Considerations
- Operating Expenses: $71,309
- Assessment Year: 1974
- Tax Amount: $39,407
- Tax Year: 2023
- Tenant Pays: Electricity, Heat
Disclosures and Reports
- Property ID: 32041000431009
Listed by Berkshire Hathaway HomeServices Chicago
Sold by Keller Williams ONEChicago
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Schools
Schools serving 440 N Roberts Dr
School Districts:Homewood School District 153, Homewood-Flossmoor Community High School District 233
| Name | Grades | Distance |
|---|---|---|
Winston Churchill School 1300 190th Street, Homewood, IL 60430 | 3-5 | 1.1 mi |
Willow School, Homewood, IL 1804 Willow Road, Homewood, IL 60430 | PK-2 | 1.3 mi |
James Hart School 18220 Morgan Avenue, Homewood, IL 60430 | 6-8 | 0.5 mi |
Homewood-Flossmoor High School 999 Kedzie Avenue, Flossmoor, IL 60422 | 9-12 | 3.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 440 N Roberts Dr
Date
Details
Price
Change
Source
11/21/2025
Sold
$1,250,000
-7.41%
MLS
9/04/2024
Listed
$1,350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
440 N Roberts Drive, Glenwood, IL 60425 (MLS# 12140416) is a Commercial property that was sold at $1,250,000 on November 21, 2025. Want to learn more about 440 N Roberts Drive? Do you have questions about finding other Commercial real estate for sale in Glenwood? You can browse all Glenwood real estate or contact a Coldwell Banker agent to request more information.

