14121 S Stewart Ave - Apartments FOR SALE


Riverdale, IL 60827
$1,575,000 USD
708-612-2782
14121 S Stewart Ave, Riverdale, IL for Sale
$1,575,000 USD
Apartments - FOR SALE
1/9
null | Request Cap Rate

14121 S Stewart Ave
Riverdale, IL 60827


OVERVIEW

Beautifully updated 18-unit apartment building. The building consists of 2 - 1 Bedroom units and 16 - 2 Bedroom units. 13 of the 18 units were recently (2024) updated with new kitchens, baths, flooring and appliances. The roof was replaced in 2024. Coin laundry room available, providing additional income. Landlord is responsible for gas, water, garbage, and common area electric. Building priced at a 13% Cap Rate, with a near term upside potential of 15% pro forma Cap Rate. Call listing agent for additional details and to schedule an appointment.

FOR SALE DETAILS

PRICE

$1,575,000 USD

PRICE/SF

$125 USD /SF

# OF UNITS

18

PRICE/UNIT

$87,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1964

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,112 SF

ZONING

R-4, Riverdale

APN/PARCEL ID

29-04-113-010-0000,29-04-113-011-0000,29-04-113-012-0000,29-04-113-013-0000

ASK ABOUT THIS PROPERTY

Mark WrightColdwell Banker Commercial RealtyMore Info
708-612-2782

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Mark WrightColdwell Banker Commercial RealtyMore Info
708-612-2782

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.