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$795,000
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Property Description
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.
Full Property Details
Full Property Details for 4335 Lindenwood Dr
General
- Sold For: $795,000
- Taxes: $18,000 (2023)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12488966
- Added to Site: 102 day(s) ago
Location
- Area: Matteson
- County: Cook
- Driving Directions: Cicero Ave to 207th St, west to Lindenwood Dr, south to property on the east side.
- Location Details: Corner
Heating & Cooling
- Cooling Type: Wall Sleeve
- Heating Type: Baseboard, Radiant
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Stories/Levels: 3
- Square Feet: 5,680
- Current Bldg. Use: Multi-Family
- Year Built: 1969
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 12,000
- Lot Dimensions: 12000
- Zoning: MULTI
Financial Considerations
- Operating Expenses: $40,205
- Assessment Year: 1969
- Tax Amount: $18,000
- Tax Year: 2023
- Tenant Pays: Electricity
Disclosures and Reports
- Property ID: 31222060020000
Listed by Listing Leaders Northwest, Inc
Sold by Hometown Realty Group
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Schools
Schools serving 4335 Lindenwood Dr
| Name | Grades | Distance |
|---|---|---|
Arcadia Elementary School, Olympia Fields, IL 20519 Arcadian Drive, Olympia Fields, IL 60461 | K-4 | 1.2 mi |
Indiana Elementary School 165 Indiana Street, Park Forest, IL 60466 | 4-6 | 1.6 mi |
Illinois School 210 Illinois Street, Park Forest, IL 60466 | K-8 | 2.2 mi |
O W Huth Middle School 3718 213th Place, Matteson, IL 60443 | 7-8 | 0.9 mi |
Rich Township High School 3600 203rd Street, Olympia Fields, IL 60461 | 9-12 | 1.3 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 4335 Lindenwood Dr
Date
Details
Price
Change
Source
12/12/2025
Sold
$795,000
-4.1%
MLS
10/06/2025
Listed
$829,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4335 Lindenwood Drive, Matteson, IL 60443 (MLS# 12488966) is a Commercial property that was sold at $795,000 on December 12, 2025. Want to learn more about 4335 Lindenwood Drive? Do you have questions about finding other Commercial real estate for sale in Matteson? You can browse all Matteson real estate or contact a Coldwell Banker agent to request more information.

