Skip To Content

14506 S Indiana Avenue

Riverdale, IL 60827
  • $189,900
  • STATUS: Active Under Contract
  • ON SITE: 15 Days
  • MLS #: 11301353
Under Contract
UPDATED: 36 min ago
$189,900
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1966
County:
Area:

School Ratings & Info

Description

NEW LISTING! UPDATED 2021 FINANCIALS! Fully occupied this building would perform at a 15 Cap Rate. Brick 6-unit multi-family building consists of 6 one-bedroom one-bathroom units all in great condition. Taxes have DECREASED on this property to $11,800 per year (2020). The building is located in a prime location on the west side of Riverdale boarding Dolton. 5 units are currently occupied with long-term tenants. Rents have not been increased in years and could easily be pushed to $800+ to be in line with similar buildings. The building provides tenants on-site laundry, additional basement storage, and 2 parking spaces per unit.

Monthly Payment Calculator



© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or BNRealty | RE/MAX Rising. Based on information submitted to the MRED as of 2022-01-25T23:58:17.537 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
www.bnrealty.com/homes/124597593
Print Image

14506 S Indiana Avenue Riverdale, IL 60827

  • Price: $189,900
  • Status: Active Under Contract
  • On Site: 15 Days
  • Updated: 36 min ago
  • MLS #: 11301353
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1966
Built
Neighborhood:
Riverdale
County:
Cook
Area:
Riverdale
Property Description
NEW LISTING! UPDATED 2021 FINANCIALS! Fully occupied this building would perform at a 15 Cap Rate. Brick 6-unit multi-family building consists of 6 one-bedroom one-bathroom units all in great condition. Taxes have DECREASED on this property to $11,800 per year (2020). The building is located in a prime location on the west side of Riverdale boarding Dolton. 5 units are currently occupied with long-term tenants. Rents have not been increased in years and could easily be pushed to $800+ to be in line with similar buildings. The building provides tenants on-site laundry, additional basement storage, and 2 parking spaces per unit.
Exterior Features

Exterior Building Type Brick Outdoor Parking 6-12 Spaces Parking Total 12 Roof Composition

Interior Features

Cooling Wall Sleeve Fireplaces Total 0 Heat Ventilation Baseboard Number Of Dishwashers 6 Number Of Dryers 1 Number Of Washers 1

Property Features

Additional Parcels YN No Approximate Age Older Built Before1978 YN Yes Contingency Attorney/Inspection Continue To Show Yes Gross Income 54540 Gross Scheduled Income 54540 Insurance Expense 2000 Maintenance Expense 1000 Mls Actual Status Contingent Net Operating Income 29400 Operating Expense 12000 Tax Annual Amount 11800 Tax Year 2020 Tenant Pays ElectricityHeat Total Monthly Income 4545 Type Multi Family 5+ Zoning Commr

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of Exp Realty, Llc.


© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or BNRealty | RE/MAX Rising. Based on information submitted to the MRED as of 2022-01-25T23:58:17.537 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_11301353-1.jpg https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_11301353-1.jpg https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_11301353-1.jpg
Logo
BNRealty | RE/MAX Rising
6035 N Knoxville Ave, Suite 102 A
Peoria IL, 61614