$606,000
SOLD JUL 31, 2025

2560 Clinton St River Grove, IL 60171

-- Bed
-- Bath
3,917 Sq Ft
3,875 Sq Ft Lot

Recently Sold

$155 Per Sq Ft

23% Below List Price

37 Days on Market

Highlights

  • Storage Room
  • Forced Air Heating System
  • Hot Water Heating System
  • River Grove School Rated 9+

About This Home

As of July 2025

Rare 6-Unit Investment Opportunity in a Quiet Residential Neighborhood! This spacious 3,900+ sq. ft. multi-family gem is a must-see for savvy investors! Featuring 5 two-bedroom units and 1 one-bedroom unit, this well-maintained building offers excellent financials and strong rental demand. Key Highlights: Tenants pay their own gas & electric each and each unit has its own gas forced-air furnace and hot water heater. Spacious 3-bedroom unit offers potential to duplex down into the basement for expanded living space, perfect for an owner-occupied apartment. Full basement with large general storage area. Coin-operated laundry owned by the current owner for additional income. Prime location-minutes from shopping and amenities. A fantastic investment in a desirable location-don't miss out on this exceptional opportunity!

Last Agent to Sell the Property

Edward Hall

Baird & Warner License #471008452 Listed on: 03/12/2025

Baird & Warner

Last Buyer's Agent

Nicholas Jakubco

Jakubco Development, Inc License #471017478

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,833

Year Built

  • Built in 1922

Lot Details

  • 3,875 Sq Ft Lot
  • Lot Dimensions are 31 x 125

Home Design

  • Mixed Use
  • Pitched Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Low Flow Toliet
  • 3,917 Sq Ft Home
  • 2-Story Property
  • Storage Room
  • Exterior Basement Entry

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Hot Water Heating System
  • Separate Meters
  • 200+ Amp Service
  • 120/240V
  • 100 Amp Service

Listing and Financial Details

  • Tenant pays for electricity, heat, hot water

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $397
  • Fuel Expense $374
  • Insurance Expense $1,300
  • Maintenance Expense $3,078
  • Other Expense $1,390
  • Trash Expense $1,098
  • Water Sewer Expense $2,548
  • Operating Expense $24,018
  • Gross Income $73,200
  • Net Operating Income $50,182

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,833

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Corridor-Exterior Entrance
  • Stories: 2
  • Year Built: 1922
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required,List Broker Must Accompany,Show-Special Instructions
  • Estimated Age: Older
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Cellar
  • Possible Use: Multi-Family
  • Fire Protection: Fire Extinguisher/s,Smoke or Fire Protectors
  • Misc Inside: Storage Inside
  • Fireplaces: 1
  • Drive-In Doors: 0
  • Dishwashers: 0
  • Refrigerators: 6
  • Ranges: 6
  • Number of Windows: 0
  • Number of Washers: 1
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • Construction Materials: Wood, Aluminum Siding
  • Foundation Details: Concrete Perimeter
  • Frontage Type: City Street
  • List Price: 789900
  • Roof: Composition
  • Roof Structure: Pitched
  • Misc Outside: Storms and Screens (as exist)

Garage/Parking

  • Outdoor Parking: None On Site,Other

Utilities

  • Cooling: Window Unit(s)
  • Electric: Fuses, Separate Meters, Service - 101 to 200 Amps, Service - 201 to 600 Amps, Power - 240V
  • Utilities: Sewer Connected, Water Available
  • Water Source: Municipal Water
  • Heat/Ventilation: Central Heat/Indiv Controls,Forced Air,Hot Water,Separate Per Unit
  • Leased Washer Dryer YN: Yes

Condo/Co-op/Association

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

Fee Information

  • Trash Expense: 1098
  • Water Sewer Expenses: 2548
  • Janitor Expense: 1000
  • Operating Expense Includes: Capital Improvements,Fuel,Insurance,Maintenance,Maintenance Grounds,Maintenance Structure,Other,Trash,Utilities,Water/Sewer,Electricity,Gas,Real Estate Tax

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.1
  • Lot Dimensions: 31 X 125
  • Lot Size Sq Ft: 3875
  • Zoning: MULTI
  • Land Amenities: Curbs and Gutters,Lighting/Exterior,Sidewalks,Cable Ready

Green Features

  • GreenEnergyEfficient: Low flow commode

Rental Info

  • Tenant Pays: Electricity, Heat, Hot Water
  • Board Number: 10
  • Tenancy Type: Month To Month

Building Info

  • BuildingAreaTotal: 3917
  • Building Unit Info: No Units Furnished

Multi Family

  • Net Operating Income: 50182
  • Fuel Expense: 374
  • Insurance Expense: 1300
  • ElectricExpense: 397
  • GrossIncome: 73200
  • Maintenance Expense: 3078
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 24018
  • Expense Year: 2024
  • Type Multi-Family: Corridor-Exterior Entrance

Tax Info

  • Tax Annual Amount: 12833
  • Tax Year: 2023

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2025 07/31/25 Sold $606,000 -23.3% $155 / Sq Ft
04/18/2025 04/18/25 Pending -- -- --
03/12/2025 03/12/25 For Sale $789,900 +113.5% $202 / Sq Ft
10/05/2015 10/05/15 Sold $370,000 -7.3% --
08/06/2015 08/06/15 Pending -- -- --
04/27/2015 04/27/15 For Sale $399,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12296682

Midwest Real Estate Data (MRED)