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$245,000 Just Listed
Property 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.
Full Property Details
Full Property Details for 505 Lindberg Rd
General
- Price: $245,000
- Taxes: $3,261 (2025)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12702855
- Updated: 7/13/2026
- Added to Site: 2 day(s) ago
Interior
- Basement: Finished, E
Rooms
Bathrooms
- Total Bathrooms: 3
- Upper - Full Baths: 3
Bedrooms
- Total Bedrooms: 5
Additional Information
- Other Features: Interstate Access
Parking
- Total Spaces: 5
- Parking Features: Off-Street, Driveway, Additional Parking, Yes, Owned
Location
- Area: La Salle County
- County: LaSalle
- Township: LaSalle
- Driving Directions: 505 Lindberg Rd - between St. Vincent Ave. & Bucklin St.
School Information
- School District: 122
- Elem School District: 122
- Midd School District: 122
- High School District: 120
- High School: La Salle-Peru Twp High School
- Private School: La Salle-Peru Twp High School
Heating & Cooling
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Finished, Exterior Entry, Walk-Up Access, Full
- Built Before 1978: Yes
- Remodeled/Updated: 2024
Unit Information
- Units in Building: 3
Lot Features
- Lot Size (Acres): 0.11
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 51.2 x 100.8
Financial Considerations
- Tax Amount: $3,261
- Tax Year: 2025
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 1810330013
Listed by john greene Realtor
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Schools
Schools serving 505 Lindberg Rd
School Districts:Lasalle Elementary School District 122, Lasalle-Peru Township High School District 120
| Name | Grades | Distance |
|---|---|---|
Northwest Elementary School, La Salle, IL 1735 Malcolm Avenue, La Salle, IL 61301 | PK-5 | 0.4 mi |
Lincoln Jr High School, La Salle, IL 1165 Saint Vincent Avenue, La Salle, IL 61301 | 6-8 | 0.2 mi |
La Salle-Peru Twp High School 541 Chartres Street, La Salle, IL 61301 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 505 Lindberg Rd
Date
Details
Price
Change
Source
7/12/2026
Listed
$245,000
169.23%
MLS
2/01/2024
Sold
$91,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 505 Lindberg Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,261
-3%
$33,393
—
2024
$3,363
-1%
$33,393
—
2023
$3,413
4%
$33,393
6%
2022
$3,294
-2%
$31,503
—
2021
$3,369
-1%
$31,503
—
2020
$3,393
—
$31,503
—
2019
$3,410
4%
$31,503
—
2017
$3,286
—
$31,503
—
2016
$3,300
—
$31,503
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 505 Lindberg Rd
505 Lindberg Road, Lasalle, IL 61301 (MLS# 12702855) is a Multi-Family property with 3 units containing 5 bedrooms and 0 full bathrooms. 505 Lindberg Road is currently listed for $245,000 and was received on July 12, 2026. Want to learn more about 505 Lindberg Road? Do you have questions about finding other Multi-Family real estate for sale in Lasalle? You can browse all Lasalle real estate or contact a Coldwell Banker agent to request more information.
