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Listed by Evelyn Heirigsof RE/MAX 10 in the Park
$ 750,000
Est. payment | /mo
$ 750,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12554097
Year Built 1960
Annual Tax Amount $13,078
Tax Year 2024
Lot Dimensions 37x118x37x120
Property Sub-Type Multi Family 5+
Property Description
Well maintained all brick 5 unit building located on a quiet residential street in desirable North Riverside. This solid property features five spacious two bedroom units, each offering functional layouts with eat in kitchens and generous living room areas. The building offers rear and street parking, adding convenience and value for tenants, along with a first floor common laundry room equipped with coin operated washer and dryer, creating an additional income stream. A major capital improvement has already been completed with a new roof in 2025. All appliances are included, and tenants pay their own electric, helping keep operating expenses manageable. The property is fully rented with month to month leases (except for one unit undergoing updates), providing immediate cash flow along with flexibility for future rent adj ustments or repositioning. This is a stable, income producing asset with upside potential, ideal for both seasoned investors and those looking to expand their portfolio in a strong suburban rental market. 24 hours notice for showings.
Location
State IL
County Cook
Zoning MULTI
Rooms
Basement Partially Finished
Interior
Cooling Wall Sleeve
Fireplace N
Exterior
View Y/N true
Building
Foundation Concrete Perimeter
Structure Type Brick
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