$1,575,000

14121 S Stewart Avenue, Riverdale, IL 60827

Commercial Property
Built in 1964
—— sqft lot
—— car garage
$——/sqft
Listed 1 month ago

Property Description

Beautifully updated 18-unit apartment building. The building consists of 2 - 1 Bedroom units and 16 - 2 Bedroom units. 13 of the 18 units were recently (2024) updated with new kitchens, baths, flooring and appliances. The roof was replaced in 2024. Coin laundry room available, providing additional income. Landlord is responsible for gas, water, garbage, and common area electric. Building priced at a 13% Cap Rate, with a near term upside potential of 15% pro forma Cap Rate. Call listing agent for additional details and to schedule an appointment.

Listing Status:: Active
Listing Office:: Coldwell Banker Realty : 708-612-2782
Listing Agent:: Mark Wright : 708-612-2782
MLS ID:: 12484988

Originating MLS: mred
County: Cook

Zoning: 29041130110000
Current Use: Multi-Family

Source: mred

This listing courtesy of Mark Wright, Coldwell Banker Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Riverdale School

325 W 142nd St, Riverdale, IL, 60827

Grades KG-4

0.05 miles away

Washington Junior High School

13900 S School St, Riverdale, IL, 60827

Grades 7-8

0.30 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.