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.
Property Details
Price:
$245,000
MLS #:
MRD12702855
Status:
Active
Beds:
5
Baths:
3
Type:
Multi Family
Neighborhood:
lasallecounty
Listed Date:
Jul 12, 2026
Schools
School District:
120
High School:
La Salle-Peru Twp High School
Interior
Heating
Natural Gas, Forced Air
Exterior
Construction Materials
Brick
Parking Features
Off Street, Driveway, Additional Parking, Yes, Owned
Parking Spots
5
Parking Total
5
Financial
Tax Year
2025
Taxes
$3,261
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Mike Gonet was born, raised, and raised his family in the Putnam County Area. He has successfully run a family-owned real estate business for over 40 years with Gonet Real Estate & Land Co. He has extensive experience (and thoroughly enjoys) selling vacant land, farm ground, and commercial properties. When Mike has free time, he enjoys spending it with his 4 adult children and many grandkids by watching baseball and college basketball and playing golf. His experience and expertise in real estat…
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505 Lindberg Road
Lasalle, IL



