1924 S 16th Ave Broadview, IL 60155
South Maywood NeighborhoodEstimated payment $3,770/month
About This Home
This turn-key brick 4 unit on a quiet, tree lined street in Broadview checks all the boxes! The property consists of 3 two bed/1 bath units, and 1 one bed/one bath unit. Large living rooms and plentiful storage throughout each unit. All units have been rehabbed during the last several years with upgrades to flooring, kitchens, and baths, allowing for strong rental income. Tenants pay all their own utilities, including heat, keeping owner expenses very low. Boilers were replaced 6 years ago, and a new 80 gallon hot water tank was installed in 2022. New windows installed in 2022. Laundry in the basement and 5 parking spots in back of the building for tenant convenience. Excellent location near all the shopping, dining, and transit options on Roosevelt. Less than a minute drive to I-290, only 2.5 miles from the Forest Park Blue Line station, and just 3 minutes away from Loyola Hines VA. Opportunities for a well-maintained, turn-key building in the hot rental market of Broadview are rare - come check this one out for yourself!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,453
Year Built
- Built in 1960 | Remodeled in 2023
Home Design
- Brick Exterior Construction
- Asphalt Roof
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Potential Bedrooms
- 4 Bathrooms
Parking
- 5 Parking Spaces
- Parking Included in Price
- Unassigned Parking
Utilities
- Heating System Uses Steam
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Partial Basement
- Lot Dimensions are 46x120
Community Details
- 4 Units
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/21/2025 10/21/25 | Pending | -- | -- | -- | |
| 10/14/2025 10/14/25 | For Sale | $549,000 | +44.5% | -- | |
| 08/19/2022 08/19/22 | Sold | $380,000 | +5.6% | -- | View Prior Sale |
| 06/30/2022 06/30/22 | Pending | -- | -- | -- | |
| 06/22/2022 06/22/22 | For Sale | $359,900 | -5.3% | -- | |
| 06/21/2022 06/21/22 | Off Market | $380,000 | -- | -- | |
| 06/20/2022 06/20/22 | For Sale | $359,900 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12494217
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