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14121 S Stewart AVE Riverdale, IL 60827
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Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12484988
Maintenance Fees $4,000
Year Built 1964
Annual Tax Amount $37,765
Tax Year 2023
Lot Dimensions 102 x 123
Property Sub-Type Multi Family 5+
Property Description
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.
Location
State IL
County Cook
Area Riverdale
Interior
Fireplace N
Building
Dwelling Type Multi Family 5+
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Listed by Mark Wright of Coldwell Banker Realty