2225 S 17th Avenue
North Riverside, IL, 60546
$725,000
2 Beds
1 Baths
0 SqFt
0.13 Acres
Add
MLS #MRD12705965 image #0
Rare value-add multifamily opportunity in North Riverside featuring five two-bedroom, one-bath units, each with two dedicated parking spaces. The property has been owned and occupied by long-term tenants, providing an investor with immediate in-place income and a clear opportunity to create additional value through renovation, deferred maintenance improvements, and active asset management. Current rents range from $900 to $1,100 per month, with market rents estimated at approximately $1,600 per month following renovation. Each unit presents an opportunity for modernization and repositioning, allowing a new owner to improve the asset, capture rental upside, increase operating income, and enhance long-term value. With ten on-site parking spaces and a straightforward five-unit configuration, this property offers an attractive opportunity for investors seeking a manageable multifamily investment with meaningful upside potential through targeted improvements and lease repositioning.

Property Details

Price:
$725,000
MLS #:
MRD12705965
Status:
Active Under Contract
Beds:
2
Baths:
1
Type:
Commercial
Neighborhood:
northriverside
Listed Date:
Jul 20, 2026
Year Built:
1960
North RiversideNorthriverside

Ask a Question

See this Listing

Send
  

Schools

Interior

Cooling
Window Unit(s)

Exterior

Construction Materials
Brick
Stories
2

Financial

Net Operating Income
$5,150
Tax Year
2024
Taxes
$11,947

Map

Community

Market Summary

Current real estate data for Commercial in North Riverside as of Oct 04, 2026
2
Commercial Listed
47
Avg DOM
$737,500
Avg List Price

Property Summary

    2225 S 17th Avenue North Riverside IL is a Commercial for sale in North Riverside, IL, 60546. It is listed for $725,000

Similar Listings Nearby

broker reciprocity
MLS# MRD12767560broker reciprocity
1921 S Harlem Avenue
Berwyn, IL

$895,000

2.5 miles away

broker reciprocity
MLS# MRD12540912broker reciprocity
805 N 22nd Avenue
Melrose Park, IL

$869,700

3.2 miles away

broker reciprocity
MLS# MRD12726844broker reciprocity
1670 N 1st Avenue
Melrose Park, IL

$869,000

3.9 miles away

broker reciprocity
MLS# MRD12440033broker reciprocity
5940 W Montrose Avenue
Chicago, IL

$849,900

4.5 miles away

broker reciprocity
MLS# MRD12654433broker reciprocity
7450 W Archer Avenue
Summit, IL

$849,900

4.7 miles away

broker reciprocity
MLS# MRD12754061broker reciprocity
3212 S Harlem Avenue
Riverside, IL

$799,000

2.7 miles away

broker reciprocity
MLS# MRD12750215broker reciprocity
7408 W 58th Street
Summit, IL

$799,000

4.9 miles away

broker reciprocity
MLS# MRD12721002broker reciprocity
720 Lake Street
Oak Park, IL

$775,000

4.1 miles away

broker reciprocity
MLS# MRD12700590broker reciprocity
9431 Ogden Avenue
Brookfield, IL

$760,000

2.2 miles away

2225 S 17th Avenue
North Riverside, IL