NOT LISTED FOR SALE

Riverdale, IL 60827

12 Beds
6 Baths
800 Sq Ft
3,049 Sq Ft Lot

Last Sold April 28, 2023

Last sale price $245,000 $306 Per Sq Ft

186 Days on Market

About This Home

As of April 2023

Investors welcome to your next portfolio addition. This cash flowing huge brick 6 unit is now available. (6) 2 bedroom 1 bathroom spacious units. Comfortable sized living and bedrooms plus eat-in kitchens. Units were newly renovated in 2020 including stoves, refrigerators and air conditioning units. Conveniently located near I-57 & I-94 and a 10 minute walk to the Metra at University Park. This property would be a great addition to any portfolio as the units are all turn key and great paying renters.

Last Agent to Sell the Property

Enrique Trejo

Re/Max In The Village License #475177880 Listed on: 08/22/2022

Re/Max In The Village

Last Buyer's Agent

Will Littaua

Baird & Warner License #475148238

Baird & Warner

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1967

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 50x125
  • Additional Parcels

Parking

  • 6 to 12 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Concrete Block And Stucco Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Utilities

  • Window Unit Cooling System
  • Central Heating

Listing and Financial Details

  • Tenant pays for electricity, heat

Community Details

Overview

  • Association fees include water, gas, parking, insurance, exterior maintenance, snow removal
  • 6 Units

Building Details

  • Fuel Expense $7,410
  • Insurance Expense $2,233
  • Gross Income $56,400
  • Net Operating Income $32,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 3
  • Year Built: 1967
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • Estimated Age: 36-50 Years
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 12
  • Basement Description: Unfinished
  • Refrigerators: 6
  • Ranges: 6
  • Room: 0

Exterior Features

  • Construction Materials: Concrete
  • Foundation Details: Concrete Perimeter
  • Exterior Building Type: Brick

Garage/Parking

  • Outdoor Parking: 6-12 Spaces

Utilities

  • Cooling: Window Unit(s)
  • Electric: Circuit Breakers
  • Heat/Ventilation: Central Bldg Heat

Condo/Co-op/Association

  • Owners Association (Y/N): No

Fee Information

  • Association Fee Includes: Water, Gas, Parking, Insurance, Exterior Maintenance, Snow Removal

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 0.07
  • Lot Dimensions: 50X125
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity, Heat
  • Board Number: 8
  • Tenancy Type: Month To Month

Building Info

  • Building Unit Info: Fire Alarm,Smoke/Alarm Detector,Some Units Furnished

Multi Family

  • Net Operating Income: 32000
  • Fuel Expense: 7410
  • Insurance Expense: 2233
  • GrossIncome: 56400
  • NumberOfUnitsTotal: 6
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 14049
  • Tax Year: 2020

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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 List to Sale Price per Sq Ft Prior Sale
04/28/2023 04/28/23 Sold $245,000 0.0% $306 / Sq Ft
04/03/2023 04/03/23 Off Market $245,000 -- --
02/24/2023 02/24/23 Pending -- -- --
02/24/2023 02/24/23 For Sale $274,999 +12.2% $344 / Sq Ft
02/22/2023 02/22/23 Off Market $245,000 -- --
10/21/2022 10/21/22 Price Changed $274,999 -4.8% $344 / Sq Ft
10/14/2022 10/14/22 Price Changed $289,000 -3.6% $361 / Sq Ft
08/22/2022 08/22/22 For Sale $299,900 +81.8% $375 / Sq Ft
03/29/2021 03/29/21 Sold $165,000 -21.4% -- View Prior Sale
12/05/2020 12/05/20 Pending -- -- --
11/10/2020 11/10/20 For Sale $210,000 +238.7% --
03/17/2017 03/17/17 Sold $62,000 -11.3% -- View Prior Sale
12/13/2016 12/13/16 Pending -- -- --
10/19/2016 10/19/16 For Sale $69,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Enrique Trejo

    Seller's Agent in 2023

    Enrique Trejo

    RE/MAX

    (773) 603-6090

    2 in this area

    202 Total Sales

    Enrique Trejo
    Section Image
  • Will Littaua

    Buyer's Agent in 2023

    Will Littaua

    Baird Warner

    1 in this area

    59 Total Sales

    Will Littaua
    Section Image
  • Jake Steinle

    Seller's Agent in 2021

    Jake Steinle

    Compass

    (312) 319-1168

    1 in this area

    70 Total Sales

    Jake Steinle
    Section Image
  • James Mattz

    Seller's Agent in 2017

    James Mattz

    Keller Williams Preferred Rlty

    (708) 798-1111

    2 in this area

    391 Total Sales

    James Mattz
    Section Image
See All Agents

Source: Midwest Real Estate Data (MRED)

MLS Number: 11610590

Midwest Real Estate Data (MRED)
Illinois Cook County Riverdale

60827

Not Listed for Sale

MultiFamily

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