13831 Illinois StRiverdale, IL 60827

For Sale
$180,000

Six-unit building, great rental income.

Overview

Added:
Feb 3
Days on market:
39
This well-maintained six-unit apartment building located at 13831 S Illinois Street, Riverdale, IL presents a compelling investment opportunity. The property boasts a total of 6,750 square feet situated on a 0.15-acre lot. The unit mix consists of two one-bedroom apartments and four two-bedroom apartments, providing a diverse rental portfolio. Each unit benefits from separate electric meters and a shared boiler system, offering efficient utility management. Tenant convenience is enhanced by a dedicated utility/laundry room and a secure storage room. Ample parking is available for residents, with gravel parking areas located on both the side and rear of the building. The property is priced at $180,000 and offers immediate rental potential, making it an attractive option for investors seeking a stable and cash-flowing asset in the Riverdale market. The building's solid construction and desirable unit mix contribute to its strong potential for long-term appreciation and consistent rental income. This is a turnkey investment ready for a new owner to step in and begin generating revenue. The property's location in Riverdale, IL provides easy access to local amenities and transportation routes.

Property Details for 13831 Illinois St

Property type
Other commercial real estate
Square Feet
6,750 SF
Year Built
1965
Lot Size (sq. ft)
6,534 SF

Location Insight

City
Riverdale
County
Cook
State
Illinois
Latitude
41.64346
Longitude
-87.6241
13831 Illinois St, Riverdale, Illinois

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13831 Illinois St
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