This well-maintained 5-family property offers great investment potential with excellent cash flow, located in a charming community of Lindenwood just off Rt 64 (North Avenue) and close to I-39 for easy commuting. Situated on a double lot, the property boasts a spacious yard that provides ample outdoor space for tenants. With a mix of large apartments, this property appeals to a wide range of renters. Whether youâ??re an experienced investor or just starting out, this multi-family home offers a solid opportunity in a convenient and growing location. Donâ??t miss out on this income-producing gem!
The median home value in Lindenwood, IL is $209,400. This is higher than the county median home value of $172,700. The national median home value is $338,100. The average price of homes sold in Lindenwood, IL is $209,400. Approximately 69.92% of Lindenwood homes are owned, compared to 21.61% rented, while 8.48% are vacant. Lindenwood real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lindenwood real estate agent to arrange a tour today!
Lindenwood, Illinois has a population of 597. Lindenwood is more family-centric than the surrounding county with 37.7% of the households containing married families with children. The county average for households married with children is 27.12%.
The median household income in Lindenwood, Illinois is $66,786. The median household income for the surrounding county is $67,534 compared to the national median of $69,021. The median age of people living in Lindenwood is 46.1 years.
The average high temperature in July is 83.5 degrees, with an average low temperature in January of 12.5 degrees. The average rainfall is approximately 36.2 inches per year, with 31.5 inches of snow per year.