3488 Salem walk, Northbrook, IL 60062
Cook County
Key Facts
Description
Immaculate, meticulously cared for, and fully occupied 6-unit investment property located in a desirable Northbrook location. This property has a strong cash flow and long term value. All six units feature spacious 2 bedrooms, 1 bath layouts, making this very attractive and highly rentable. A full basement provides additional storage space and convenient on site laundry facilities. Many updates have already been done to the property, making this ideal for a new investor, including a water heater (2025), boiler (2019), washer (2024), dryer (2025), and a brand-new roof scheduled for installation early June. Assigned parking spaces are located at the rear of the building for tenant convenience. This is a very well-maintained property. Ideally located near schools, shopping, dining, transportation, and everyday amenities, this turnkey investment offers stable occupancy, minimal deferred maintenance, and excellent income potential for years to come. Rare opportunity to acquire a solid, income-producing 6-unit building with major mechanical updates already completed. This is an ideal addition to any investment portfolio. Don't miss out on this amazing property!
Property Information
Property Type
Commercial Sale
Sub-Type
Multi Family
Year Built
1978
Stories
3
Lot Dimensions
64X56
Days on Market
17
MLS® Listing#
12652192
Property Features
Financial Details
Annual Taxes
$16,326
Tax year 2024
Parcel Number
04302100590000
Directions
One Block North of Lake on Milwaukee Ave. The East Corner of Milwaukee and Sanders.
Affordability Calculator
$279,800
Estimated monthly payment
$7,446/mo
Principal $1,119,200 · Est. interest $1,561,384 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Northbrook, IL
- $650,000
- Median Listing Price
- 26
- Median Days on Market
- 2,450
- Median Sq Ft
- $280
- Median Price / Sq Ft
- 78
- Active Listings
- This home’s price is 115% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Northbrook, IL.
Location
Points of Interest in Northbrook, IL
Showing the Northbrook area map.
Nearby Schools
Glenbrook Off-Campus Center
Secondary · 0.6 mi away
Henry Winkelman Elementary School
Elementary · 0.7 mi away
Glenbrook South High School
Secondary · 0.9 mi away
Glenbrook High School Foundation
Secondary · 1.0 mi away
Glen Grove Elementary School
Elementary · 1.4 mi away
Gardner School
School · 1.4 mi away
Prairie Trails School
Elementary · 1.5 mi away
Indian Grove Elementary School
Elementary · 1.5 mi away
River Trails School District 26
School · 1.5 mi away
Taniel Varoujan Armenian School
School · 1.6 mi away
Willowbrook Elementary School
Elementary · 1.6 mi away
Robert Frost Elementary School
Elementary · 1.7 mi away
Northbrook Community Nursery School
School · 1.7 mi away
Glenview School District 34
School · 1.7 mi away
Westbrook Elementary School
Elementary · 1.8 mi away
Maryville Academy
School · 1.8 mi away
East Maine School District 63
Elementary · 1.9 mi away
Apollo Elementary School
Elementary · 1.9 mi away
Field Middle School
Secondary · 1.9 mi away
West Northfield School District 31
Elementary · 2.0 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 316 Fox Run Drive, Northbrook, IL | $1,035,000 | 4 | 4 | 3,099 |
| 3818 Russett Lane, Northbrook, IL | $1,100,000 | 4 | 4 | 3,154 |
| 2759 Royal Drive, Northbrook, IL | $1,199,000 | 4 | 4 | 2,548 |
| 636 Anthony Trail, Northbrook, IL | $1,200,000 | — | — | 3,606 |
| 3623 Pebble Beach Road, Northbrook, IL | $1,230,000 | 3 | 4 | 3,386 |
| 1317 Eskin Drive, Northbrook, IL | $1,350,000 | 4 | 5 | 3,157 |
Moving Cost Estimate
EXIT Agents in Northbrook
Listing Courtesy: Baird & Warner - 8477241855
Last Updated: 2026-05-30