14130-14132 S Atlantic Ave - Apartments FOR SALE


Riverdale, IL 60827
$1,200,000 USD
312-361-1647
14130-14132 S Atlantic Ave, Riverdale, IL for Sale
$1,200,000 USD
Apartments - FOR SALE
1/14

14130-14132 S Atlantic Ave
Riverdale, IL 60827


HIGHLIGHTS

  • Superior Location
  • Value-Add Potential
  • Brick Construction
  • Strong Demographics

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 14130, 14132 and 14138 S Atlantic Avenue in Riverdale, Illinois (the “Property” or “Properties”). The offering consists of two multi-family buildings and a parking lot (0.06-acre parcel of land) and contains twenty-four (24) residential units comprised of twelve (12), 2-Bedroom/1-Bathroom units and twelve (12), 1-Bedroom/1-Bathroom units with 20,000 square feet of living area in 24,000 square feet of total area on a combined 0.52-acres of land. The Property is situated along S Atlantic Avenue in the center of a dense residential neighborhood. The Property is close to Indiana Avenue and S Halstead Street, the area’s primary North-South roadways and commercial corridors. The location provides convenient access to grocers, restaurants, retail amenities along W 144th Street and Sibley Boulevard, and outdoor activities. 14130 and 14132 are ideally positioned for commuters with quick and convenient access to public transportation including Metra commuter rail service on the Rock Island District line, bus service on CTA and Pace bus lines, as well as Interstates 57, 94 and 294. Riverdale is a village in the southern end of Cook County, 16 miles south of the Chicago Loop and offers convenient access to the city via Interstates and public transit.

FOR SALE DETAILS

PRICE

$1,200,000 USD

# OF UNITS

24

PRICE/UNIT

$50,000

CAP RATE

8.22%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1977

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

-

APN/PARCEL ID

29-04-115-049-0000,29-04-115-050-0000

ASK ABOUT THIS PROPERTY

Anthony SpanglerHorvath & TremblayMore Info
312-361-1647

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Anthony SpanglerHorvath & TremblayMore Info
312-361-1647

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