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
See this Listing
Schools
Interior
Cooling
Window Unit(s)
Exterior
Construction Materials
Brick
Stories
2
Financial
Tax Year
2024
Taxes
$11,947
Map
Community
- Address2225 S 17th Avenue North Riverside IL
- CityNorth Riverside
- CountyCook
- Zip Code60546
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

Copyright 2026. All rights reserved.
2225 S 17th Avenue
North Riverside, IL


