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$1,200,000

502 N Roberts Drive
Glenwood, Illinois 60425

Closed / MLS #12450881 / Multiple Family / Glenwood
Listing information updated 11/22/2025 at 6:03am
Great Investment Opportunity, 502-504-506 Roberts Drive presents a unique opportunity to acquire a well-maintained 12-unit brick building, 2 one bedrooms and 10 two bedrooms units in the charming community of Glenwood, Illinois. This property offers consistent rental income with all units featuring spacious layouts, abundant natural light, generous closet space, and functional floor plans designed for tenant convenience and on-sight laundry facility. Ideally located near S. Halsted Street, the primary north/south arterial through Chicago's south suburbs, the property benefits from excellent accessibility and visibility. S. Halsted averages 21,100 vehicles per day and provides access to a wide range of retailers, dining, services, and community amenities. Additionally, the property is adjacent to ongoing redevelopment efforts within Glenwood's commercial corridor-further enhancing long-term investment value. Glenwood is a reputable and sought-after bedroom community, offering residents a peaceful suburban setting with easy commutes to Chicago and the surrounding Chicagoland area. Whether you're an experienced investor looking to expand your portfolio or a buyer seeking a reliable, income-producing asset, this 12-unit building is a fantastic opportunity. Roof replacements, coin laundry, interior and exterior lighting, thermostats in all units from 2022-2024. Contact us today to schedule a private tour and explore the potential of this strong investment property.
Exterior Type:
Brick
Basement:
None
Water Front:
No
Square Feet:
N/A
Acreage:
0.51
Built:
1967
Cooling System:
Central Air
Stories:
2
Roof:
Composition
Current Use:
Multi-Family
Zoning:
MULTI
Current Net Income:
$15,063
Unit 1:
4 room(s) / 1 bed(s) / 1 bath(s)
Unit 2:
5 room(s) / 2 bed(s) / 1 bath(s)
Tax Amount:
$30,393
Tax Year:
2023
Zip Code:
60425
City:
Glenwood
County:
Cook

Listing Office: Sancken Sole Realty

Listing Office Phone: 815.844.4104

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 11/22/2025 at 6:03am. 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. Some listings have been excluded from this website.

$210,906
Average Sale Price
67
Average Days On The Market
94%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 502 N Roberts Drive, Glenwood, IL 60425
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502 N Roberts Drive, Glenwood, IL 60425 is a multiple family which sold for $1,200,000. This multiple family has been listed on @properties Christie's International Real Estate since August 25th, 2025 and was built in 1967.

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