18 E 137th St - Apartments FOR SALE


Riverdale, IL 60827
$420,000 USD
708-364-8322
18 E 137th St, Riverdale, IL for Sale
$420,000 USD
Apartments - FOR SALE
1/12
null | Request Cap Rate

18 E 137th St
Riverdale, IL 60827


HIGHLIGHTS

  • Turnkey investment with minimal near-term capital needs.
  • Strong value-add upside through stabilization and rent growth.
  • Solid multi-family asset in an established Riverdale submarket.
  • Ability to establish market rents from day one.
  • Delivered fully vacant, providing immediate lease-up flexibility.

OVERVIEW

Completely rebuilt 6-unit multifamily property featuring extensive capital improvements with a strong focus on updated mechanical systems, including new plumbing, electrical, and modernized kitchen installations throughout. The property is currently fully vacant due to the recent full renovation, offering investors a rare lease-up opportunity with minimal near-term capital expenditure. This turnkey asset is well-positioned for stabilization and rental upside, making it an attractive value-add investment in the Riverdale market.

FOR SALE DETAILS

PRICE

$420,000 USD

PRICE/SF

$74 USD /SF

# OF UNITS

6

PRICE/UNIT

$70,000

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

1970

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

R3

APN/PARCEL ID

25-33-409-022-0000

ASK ABOUT THIS PROPERTY

John NugentColdwell Banker Residential BrokerageMore Info
708-364-8322

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John NugentColdwell Banker Residential BrokerageMore Info
708-364-8322

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