60 E 138th St Riverdale, IL 60827
Estimated payment $3,078/month
About This Home
Exceptional opportunity for INVESTORS seeking stable cash flow with built-in rental upside. This well-maintained 6-unit multifamily property has demonstrated nearly perfect occupancy for over 40 years, with only one single month of vacancy across all units during that entire time. Each unit features a 1 bed/1 bath layout with approximately 450 sq. ft of livable space + bathroom/storage. Roof was upgraded 6 years ago, water heater 3 years ago, common areas freshly painted 1 year ago. Current rents average $800 per unit, while comparable properties in the area suggest approximately $1,100 per unit, creating a clear value-add opportunity for INVESTORS looking to increase cash flow over time.
Listing Agent
Philip Konovalchik
Fathom Realty IL LLC License #727560000 Listed on: 03/10/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,205
Year Built
- Built in 1961
Home Design
- Brick Exterior Construction
Utilities
- Window Unit Cooling System
- Radiator
Additional Features
- 3-Story Property
- 3,049 Sq Ft Lot
Community Details
Overview
- 6 Units
Building Details
- Insurance Expense $2,600
- Gross Income $57,600
- Net Operating Income $28,000
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/10/2026 03/10/26 | For Sale | $449,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12588169
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.