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Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12361222
Year Built 1962
Annual Tax Amount $15,942
Tax Year 2023
Lot Dimensions 39X126
Property Sub-Type Multi Family 5+
Property Description
Turn-Key 6-Unit Investment Opportunity in Riverdale! Don't miss this income-generating, fully occupied 6-unit property in the heart of Riverdale, Illinois. A smart addition to any investor's portfolio, this well-maintained building offers immediate cash flow and long-term potential. Four of the six units have been fully rehabbed, and major capital improvements have already been taken care of-including newly replaced copper water service lines, a hot water tank replaced within the last three years, and a brand-new roof installed in 2023. Each unit has its own furnace and window A/C unit, ensuring tenant comfort and operational efficiency.The building includes five 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. Common areas offer convenient storage and coin-operated laundry facilities, adding to tenant satisfaction and income potential. A remote-access surveillance camera system provides added security and peace of mind for owners and residents alike.With all six units currently leased, this property delivers instant equity and reliable rental income from day one. Seize this excellent opportunity to invest in a well-maintained, high-performing asset in a growing community
Location
State IL
County Cook
Zoning MULTI
Interior
Cooling Window Unit(s)
Fireplace N
Exterior
Utilities Available Sewer Connected
View Y/N true
Building
Foundation Concrete Perimeter
Water Municipal Water
Structure Type Brick
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Listed by Rosa Flores • Redfin Corporation