Price Reduction
Address
14043 S School Street, Riverdale, IL
Price
$ 299,000
Property Attributes
  • MLS#12030537
  • TypeMulti-Family
  • CountyCOOK
  • CityRiverdale
  • AreaRiverdale
  • Zip60827
  • StyleMulti-Family
  • Year Built1963
  • Taxes$ 17000
  • Price$ 299,000
  • Bedrooms3
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4725
  • Lot Size5,016 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Excellent Investment Opportunity! Two solid six Units must be sold together! Please see MLS # 12030815. Offering spacious and updated units 100% occupied as of June 1, this is the perfect time to invest in Riverdale's thriving rental market. These buildings are a cash flow. Rents can be higher than currently receiving. The building provides private parking in the back that could create extra income. The new owner can possibly add laundry facilities on the lower level to increase building income. Don't miss this opportunity to Invest in a thriving rental market. Call today for your private showing!

Price History
4/16/2024 Listed $599,000
4/16/2024 51% - $299,000

General Features

Cooling Wall Sleeve,Window Unit(s)
Zoning MULTI
Year Built 1963
Tenant Pays Electricity
Stories 3
Tax Year 2022
Current Use Multi-Family
Gross Income 69600
County Cook
Net Operating Income 32350
Operating Expense 37250
Insurance Expense 3600
Property Type Commercial Sale
Status Active
Directions Indiana to 142nd East to School.
City Riverdale
Total Units 6
MLS Area Riverdale
Lot Size Square Feet 5016
Street Name School
Tax Annual Amount 17000
Electric Expense 1100
Fuel Expense 5340
Water Sewer Expense 4300
Additional Parcels Y/N No
Days on Market 6
Standard Status Active
Property Type Multi Family 5+

Interior Features

Street Suffix Street

Exterior Features

Foundation Details Brick/Mortar
Building Area Total 4725
Lot Dimensions 5125
Exterior Brick

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 60827

Price
AVG $260K
$300K
Taxes
AVG $13,309
$17,000
Visits
AVG 93
21
Data Provided by Inside Real Estate®
Year Built
AVG 1952
1963