Riverside, IL Multifamily Homes & Duplexes for Sale

/3
$3,500,000
8001 Edgewater Rd, North Riverside, IL 60546

Investment Opportunity!!! Discover the untapped potential of this rare 36+unit, mixed-use gem in the heart of historic Riverside. Located just minutes from the Riverside Metra Station, this property offers unmatched convenience for commuters heading into downtown Chicago. This gut-rehab project is ready for transformation-bring your vision and creativity to breathe new life into this building.

Katerina Vielehr @properties Christie's International Real Estate

8001 Edgewater Rd, North Riverside, IL 60546
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/47
$625,000
- 5 Beds
- 4 Baths
2547 & 2549 2nd Ave, North Riverside, IL 60546

Welcome Home! This is a rare opportunity to own a distinctive property, offered for sale for the very first time! This unique setup features two ranch-style units connected by a breezeway. Perfect for owner-occupants looking to live in one or both units, or an excellent option as an investment property. Details of the units: Unit 2547: Offers 3 bedrooms and 2 bathrooms, a spacious living

Sheila Gentile Coldwell Banker Realty

2547 & 2549 2nd Ave, North Riverside, IL 60546

Illinois Riverside

Why Live in Riverside

In 1836, the Forbes family first settled in Riverside, followed by a few other fortunate families who heard of its serene riverbanks and beautiful forest areas. In 1869, the Riverside Improvement Company was incorporated and decided to develop "a perfect village in a perfect setting." They hired Frederick Law Olmsted to design the community, and he began building expansive green parkways, gas-lit street lanterns and curvilinear streets that are still intact today. Aside from its unique design, impressive architecture and scenic setting, its loc ...

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Home Trends in Riverside, IL

On average, homes in Riverside, IL sell after 26 days on the market compared to the national average of 49 days. The median sale price for homes in Riverside, IL over the last 12 months is $475,000, up 16% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$475,000

Median Single Family Sale Price

$525,000

Median Townhouse Sale Price

$280,000

Median 2 Bedroom Sale Price

$185,000

Median 1 Bedroom Sale Price

$150,250

Average Price Per Sq Ft

$277

Number of Homes for Sale

Last 12 months Home Sales

139

Months of Supply

1.60

Median List Price

$495,000

Median Change From 1st List Price

Median Home Sale Price YoY Change

16%

How to Buy a Home How to Finance a Home How to Sell a Home

In Riverside, there are currently 2 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $625,000 to $3,500,000, there's a range to accomodate every budget. As of June, 2025 the median home price in Riverside is $495,000, while the average sale price is $545,240, offering insights into the local housing market. On average, multi-family homes spend 26 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 Riverside, IL.

Riverside Types of Homes for Sale

Riverside Homes for Sale

More About Living in Riverside

Multi-Family Homes in Nearby Neighborhoods

Multi-Family Homes in Nearby Cities

Multi-Family Homes in Nearby Counties

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