$420,000

18 E 137th St Riverdale, IL 60827

Estimated payment $4,176/month

-- Bed
-- Bath
5,685 Sq Ft
$74 Price per Sq Ft

Highlights

  • Laundry Room
  • Baseboard Heating
  • 2-minute walk to Riverdale Station

About This Home

AWESOME OPPORTUNITY. SOLID 6 UNIT AND REBUILT LIKE NEW CONSTRUCTION. FLEXICORE CONSTRUCTION. NEARLY 6,000 SQ.FT. PLUS FULL BASEMENT AREAS. LITERALLY ALL NEW INTERIOR & EXTERIOR EXCEPT THE STRUCTURE. HERE IS THE CHANCE TO HAVE TOP INCOME WITH MOVING IN ALL NEW TENANTS WHO DEMAND TOP CONDITION. COMPLETELY RENOVATED 6-UNIT BLDG WITH EACH APARTMENT FEATURING 2 BEDROOMS & 1 BATH IN EACH UNIT! ONE OF THE NICEST BUILDINGS IN RIVERDALE. ALL NEW MECHANICALS THROUGH OUT. NEW ROOF, GUTTERS & TRIM. 7 NEW WATER TANKS. ALL NEW WINDOWS. NEW INSULATION. ALL NEW HEATING SYSTEMS IN EACH UNIT & BASEMENT AREAS. ALL NEW FLOORING THROUGHOUT. LV FLOORING IN LIVING ROOM, KITCHENS & BEDROOMS. ALL NEW HALLWAY FLOORING. NEW SUMP PUMP & EJECTOR PUMP. NEW PLUMBING & NEW ELECTRIC THROUGHOUT. NEW 800 AMP SERVICE. ALL NEW LIGHTING INTERIOR & EXTERIOR. ALL NEW TRIM & 6 PANEL DOORS. NEW STAINLESS-STEEL APPLIANCES. NEW REAR PORCH. PARTIAL NEW WALKS. REAR HAS TREX DECKING. COIN LAUNDRY SET UP IN THE BASEMENT FOR EXTRA INCOME & WILL PROVIDE COIN WASHER & DRYER. NEW UPGRADED KITCHENS WITH NEW CABINETS, COUNTERTOPS & CERAMIC TILE FLOORING, PANTRIES & NEW STAINLESS STEEL APPLIANCES. ALL NEW BATHROOMS WITH VANITIES, TUBS, TOILETS, TILING & LIGHTING. NEW HARDWIRED SMOKE DETECTORS. NEW FIRE SYSTEM. EACH UNIT HAS INDIVIDUAL HEAT & WATER TANK. TENANTS PAYS ELECTRIC & HEATING. OWNER PAYS WATER AND COMMON AREA UTILITIES. OFF STREET REAR PARKING SEALCOATED & STRIPED. EXTERIOR SECURITY LIGHTING. SEE FLOORPLANS, PICTURES & INTERACTIVE TOUR

Listing Agent

John Nugent

Coldwell Banker Realty License #475090952 Listed on: 05/19/2026

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,810

Year Built

  • Built in 1970

Lot Details

  • 5,925 Sq Ft Lot
  • Lot Dimensions are 37.5x157.5

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Clad Trim
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,685 Sq Ft Home
  • 3-Story Property
  • Laundry Room
  • Unfinished Basement

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Separate Meters
  • 200+ Amp Service
  • Cable TV Available

Listing and Financial Details

  • The owner pays for snow removal, trash collection, management, sewer, water, common area maintenance, insurance, janitorial service, taxes, repairs, roof, scavenger

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $1,000
  • Insurance Expense $6,000
  • Other Expense $1,000
  • Trash Expense $2,500
  • Water Sewer Expense $3,500
  • Operating Expense $13,000
  • Gross Income $86,400
  • Net Operating Income $73,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,810

Year Built

Built in 1970

Lot Details

5,925 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1970
  • Built Before 1978 (Y/N): Yes
  • New Construction Y/N: No
  • Information: No Sign on Property
  • Estimated Age: New Rehab
  • Actual Status: Active
  • SomePhotosVirtuallyStaged: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished
  • OwnerPays: Snow Removal, Trash Collection, Management, Sewer, Water, Common Area Maintenance, Insurance, Janitorial Service, Taxes, Repairs, Roof, Scavenger
  • Possible Use: Multi-Family
  • Fire Protection: Alarm On Site,Smoke or Fire Protectors,Sprinklers
  • Misc Inside: Laundry Room
  • Fireplaces: 1
  • Drive-In Doors: 0
  • Dishwashers: 0
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 1
  • Room: 0

Exterior Features

  • Construction Materials: Brick, Clad Trim
  • Foundation Details: Concrete Perimeter
  • Frontage Type: City Street
  • Roof: Composition
  • Roof Structure: Pitched,Wood Joists
  • Misc Outside: Security Lighting,Storms and Screens (as exist)

Garage/Parking

  • Outdoor Parking: 6-12 Spaces,Lighted,Private Lot,Parking-Street

Utilities

  • Cooling: Wall Sleeve
  • Electric: Circuit Breakers, Over 600 Amps, Power - 480V
  • Utilities: Sewer Connected, Water Available, Cable Available
  • Water Source: Municipal Water
  • Heat/Ventilation: Electric,Baseboard,Separate Per Unit
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

  • Unincorporated (Y/N): No
  • Conversion YN: N
  • Owners Association (Y/N): No

Fee Information

  • Trash Expense: 2500
  • Water Sewer Expenses: 3500
  • Operating Expense Includes: Insurance,Maintenance,Snow Removal,Water/Sewer

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.14
  • Lot Dimensions: 37.5x157.5
  • Lot Size Sq Ft: 5925
  • Zoning: MULTI
  • Land Amenities: Curbs and Gutters,Sidewalks

Rental Info

  • Tenant Pays: Electricity, Heat
  • Board Number: 10
  • Tenancy Type: None

Building Info

  • BuildingAreaTotal: 5685
  • Building Unit Info: Fire Alarm,No Units Furnished,Security System,Smoke/Alarm Detector,Sprinkler System

Multi Family

  • Net Operating Income: 73400
  • Insurance Expense: 6000
  • ElectricExpense: 1000
  • GrossIncome: 86400
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 13000
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 22809.61
  • Tax Year: 2024

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/20/2026 05/20/26 Price Changed $420,000 +10.5% $74 / Sq Ft
05/19/2026 05/19/26 For Sale $380,000 -- $67 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12602063

Midwest Real Estate Data (MRED)
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