$240,000
- 8 Beds
- 3 Baths
1 W 137th Place, Riverdale, IL 60827
Charles Schindler Prestige Partners Realty, Inc.
$240,000
1 W 137th Place, Riverdale, IL 60827
Charles Schindler Prestige Partners Realty, Inc.
$1,000,000
14130 S Atlantic Ave, Riverdale, IL 60827
Anthony Spangler Horvath & Tremblay IL, LLC
Riverdale, IL, located on the southern boundary of Chicago, is divided by the Little Calumet River, with the community of Riverdale to the north and the Village of Riverdale to the south. This area has seen a notable rise in real estate values since the beginning of the COVID-19 pandemic. Housing options include red brick ranches and two-story Georgians, many of which have been rehabilitated. The community is well-connected, with Interstate 57 and Interstate 94 providing routes to Downtown Chicago and beyond. Public transportation options include the Pace Suburban Bus and the Metra Rail, with future plans to extend the Red Line of Chicago’s subway system to 130th Street, enhancing connectivity. However, the presence of multiple railroad tracks may contribute to noise levels.
Outdoor recreation is abundant, with Whistler Preserve, Calumet Woods, and Kickapoo Woods offering opportunities for picnicking, birdwatching, and soccer. The Joe Louis “The Champ” Golf Course and Beaubien Woods' Flatfoot Lake provide additional leisure activities such as golfing, kayaking, and fishing. For sports enthusiasts, Franson Park and Golden Gate Park offer fields and courts for various sports. Dining options include Ruby’s Soul Food, known for its Southern cuisine, and Fairway Finer Foods for grocery shopping. The community also honors veterans annually with a ceremony in Veterans Memorial Park.
On average, homes in Riverdale, IL sell after 43 days on the market compared to the national average of 52 days. The median sale price for homes in Riverdale, IL over the last 12 months is $154,000, up 22% from the median home sale price over the previous 12 months.
In Riverdale, there are currently 3 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $231,000 to $1,000,000, there's a range to accomodate every budget. As of September, 2025 the median home price in Riverdale is $145,000, while the average sale price is $144,979, offering insights into the local housing market. On average, multi-family homes spend 43 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Riverdale, IL.