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$1,300,000
73 Days On Site

502 N Roberts Drive
Glenwood, IL 60425

For Sale|Multi Family|Active Under Contract
0
Beds
0
Total Baths
1967
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Sancken Sole Realty

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502 N Roberts Drive502 N Roberts Drive502 N Roberts Drive502 N Roberts Drive
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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.

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Listing Snapshot
Price 
$1,300,000
Days On Site 
73 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.51 Acres
Year Built 
1967
MLS® Number 
12450881
Status 
Active Under Contract
Property Tax 
$30,393
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS®
2 months agoStatus changed to Active Under Contract
2 months agoListing first seen on site
General Features
Acres 
0.51
Additional Property Use 
Multi-Family
Foundation 
Concrete Perimeter
Number Of Stories 
2
Property Sub Type 
Multi Family
Zoning 
MULTI
Interior Features
Basement 
None
Cooling 
Central Air
Electric 
Circuit Breakers
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Exterior Features
Construction Details 
Brick
Roof 
Composition
Community Features
MLS Area 
Glenwood
Township 
Bloom
Listing Courtesy of MRED as distributed by MLS Grid of Sancken Sole Realty



Based on information submitted to the MLS GRID as of 2025-11-07 08:19 AM UTC. 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.
Last checked: 2025-11-07 08:19 AM UTC
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Neighborhood & Commute
Source: Walkscore
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