Active
5 beds2,543 sqft

505 Lindberg Rd, LaSalle, IL 61301

Multi FamilyProperty Type
0.11 acresLot Size
$96/sq ftPrice per sq ft
5 carsParking Spaces

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...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.
89 days on Market
Last updated: 07/18/2026 12:06 AM • Source: MRED as distributed by MLS GRID, MLS#: 12702855
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Listing Courtesy of john greene Realtor
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Property Information for 505 Lindberg Road

Property Details

  • Taxes: $3,261 / year
  • MLS Type: Two to Four Units / 3 Flat
  • Area: La Salle County
  • Township: LaSalle
  • Ownership: Fee Simple
  • Heat/Fuel: Natural Gas, Forced Air

Building Information

  • Residences: 3
  • Lot Size: 0.11 AC / 4,791 SF

General Information

School Information
  • Elementary School District: 122
  • High School District: 120
  • High School: La Salle-Peru Twp High School
  • Middle Or Junior School District: 122
Addtl Parking Information
  • Parking Details: Off Street, Driveway, Additional Parking, Yes, Owned

Property Information

Interior Features
  • Num Of Rooms: 16
  • Bedrooms Total: 5
  • Bedrooms (Below Grade): 0
  • Basement Type: Finished, Exterior Entry, Walk-Up Access, Full
  • Bedrooms Possible: 5
  • # Full Baths in Building: 3
  • # Half Baths in Building: 0
  • Room Type: Enclosed Porch
  • Num of Baths: 3.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Public
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2024
  • Built Before 1978: Yes
  • Age: Unknown
  • Lot Size: Less Than .25 Acre
  • Lot Size Source: County Records
  • Lot Dimensions: 51.2 X 100.8
  • Total # Units in Building: 3.0
  • Waterfront: No
  • Exterior Building Type: Brick
  • Construction: Brick
  • General Information: Interstate Access
  • 3 Br Un In Bldg: No
Property and Assessments
  • Public Document Count: 4
  • Document Date: 2026-07-14T14:08:49
  • Photos Count: 35
  • Habitable Residence: Yes
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No

Multi Family

Unit 1
  • Unit Type Actual Rent: $550.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
  • Lease Expiration Date: M/M
Unit 2
  • Unit Type Actual Rent: $1,150.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Lease Expiration Date: M/M
Unit 3
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Lease Expiration Date: 00/00

Property History for 505 Lindberg Road

DateEvent & SourcePriceAppreciation
Jul 12, 2026

Cancelled

MRED #12702843

$240,000—
Jul 12, 2026

Price Change

MRED #12702843

$240,000—
Jul 12, 2026

Listed (Active)

MRED #12702855

$245,000—
DateEvent & SourcePrice
07/12/2026

Cancelled

MRED #12702843

$240,000
07/12/2026

Price Change

MRED #12702843

$240,000
07/12/2026

Listed (Active)

MRED #12702855

$245,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public records

505 Lindberg Road

Total Finished SqFt

1,746 SqFt

Above Grade Finished SqFt

1,746 SqFt

Lot Size

4,792 SqFt

Style

Miscellaneous Commercial

County

LASALLE

APN

18-10-330-013

Schools near 505 Lindberg Road

This home is within La Salle-Peru Twp Hsd 120 School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
Northwest Elementary School
PublicPK to 5

Lincoln Jr High School
Public6 to 8

La Salle-Peru Twp High School
Public9 to 12

Peru Catholic School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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505 Lindberg Road is a multi-family home for sale in LaSalle, IL 61301. This property was listed for sale on July 12, 2026 by john greene Realtor, it's currently listed at $245,000. It has been on the market for a total of 89 days and was last sold on February 1, 2024. This listing's school districts are La Salle-Peru Twp Hsd 120 School District, La Salle Esd 122 School District. Nearby schools include Northwest Elementary School, Lincoln Jr High School and La Salle-Peru Twp High School. 505 Lindberg Road is a 5-bed, 3-bath, 2,543 sqft multi-family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of john greene Realtor

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 07/18/2026 12:06 AM. 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.