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School & Stacy

2 Multifamily Properties Offered at $400,000 in Riverdale, IL

Investment Highlights

  • 2 Brick Buildings - 6 units in each building (2) 1 bedrooms and (10) 2 Bedroom Apartment Homes - Off Street Tenant Parking Available
  • Large Picture windows, Ceiling fans , Wall Air-Conditioning units in each. These buildings Offers Spacious Size Bedrooms

Executive Summary

Price reduction!
Solid 12 unit Brick Multifamily,
Both buildings must be sold together (2). One bedroom (10) Two bedrooms. The rent could be higher than what is currently receiving.
The tenant has off-street parking. Pre-approval or proof of funds is needed to show.
A 48-hour notice is needed to do a showing of the property. Weekend Showings Preferably!

Attachments

14135 S Tracy Ave

Data Room Click Here to Access

Taxes & Operating Expenses (Pro forma - 2024) Click Here to Access

Annual
Gross Rental Income $99,999
Other Income -
Vacancy Loss -
Effective Gross Income $99,999
Taxes $99,999
Operating Expenses $99,999
Total Expenses $99,999
Net Operating Income $99,999

Taxes & Operating Expenses (Pro forma - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Other Income
Annual -
Vacancy Loss
Annual -
Effective Gross Income
Annual $99,999
Taxes
Annual $99,999
Operating Expenses
Annual $99,999
Total Expenses
Annual $99,999
Net Operating Income
Annual $99,999

Property Facts

Price $400,000
Price / SF $35.47 / SF
Sale Conditions Bulk/Portfolio Sale
Cap Rate 10.12%
Sale Type Investment or Owner User
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 11,277 SF
Total Land Area 0.23 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
14043 S School St, Riverdale, IL 60827 Multifamily 4,725 SF 1964 -
14135 S Tracy Ave, Riverdale, IL 60827 Multifamily 6,552 SF 1964 -
Show More > < Show Less
  • Listing ID: 31576446

  • Date on Market: 4/22/2024

  • Last Updated:

  • Address: School & Stacy, Riverdale, IL

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