14043 School StRiverdale, IL 60827

For Sale
$200,000

Twelve Units, High Occupancy, Cash Flowing

Overview

Added:
Feb 3
Days on market:
39
This exceptional investment opportunity presents twelve spacious and updated rental units in Riverdale, Illinois, situated across two buildings at 14043 S School Street. Each building comprises six units, and both must be sold together for a total price of $200,000. Currently boasting 70% occupancy, these properties generate immediate cash flow, with potential for increased rental income. The units are well-maintained and offer ample space. Convenient private parking is available for tenants in the rear of the buildings. A significant value-add opportunity exists for the new owner to install laundry facilities in the lower level of the buildings, further enhancing profitability. The combined property encompasses 4,725 square feet and sits on a lot with no acreage specified. This is an ideal investment for those seeking a strong return in a thriving rental market. The properties are ready for immediate income generation, with the potential for significant future growth through rental increases and the addition of laundry facilities. Don't miss this chance to acquire a well-positioned multifamily portfolio in a desirable location. The properties are currently cash flowing, making this a compelling investment opportunity.

Property Details for 14043 School St

Property type
Other commercial real estate
Square Feet
4,725 SF
Year Built
1963

Location Insight

City
Riverdale
County
Cook
State
Illinois
Latitude
41.63923
Longitude
-87.62905
14043 School St, Riverdale, Illinois

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
14043 School St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message