Rare opportunity to acquire a solid brick flexicore 9-unit building in the Ivanhoe area of Riverdale. Long-term ownership creates an exceptional value-add opportunity for investors seeking strong rental growth potential. The building features eight 2-bedroom units and one studio, with individual heat for each unit, offering efficiency and tenant convenience. Current rents present tremendous cash flow upside for the savvy investor. Competitively priced-compare with recent sales in the area. This property may also be purchased together with MLS #12584499 and MLS #12583554, creating an outstanding opportunity to expand and scale your investment portfolio. Serious inquiries only. Pre-approval or proof of funds required prior to scheduling an appointment.
Property Details
Price:
$249,900
MLS #:
MRD12584727
Status:
Active Under Contract
Beds:
2
Baths:
2
Type:
Commercial
Neighborhood:
riverdale
Listed Date:
Mar 11, 2026
Year Built:
1963
See this Listing
Schools
Interior
Exterior
Construction Materials
Brick
Roof
Membrane
Stories
2
Financial
Tax Year
2023
Taxes
$25,556
Map
Community
- Address14132 S School Street Riverdale IL
- CityRiverdale
- CountyCook
- Zip Code60827
Market Summary
Current real estate data for Commercial in Riverdale as of May 17, 2026
4
Commercial Listed
54
Avg DOM
$299,700
Avg List Price
Property Summary
- 14132 S School Street Riverdale IL is a Commercial for sale in Riverdale, IL, 60827. It is listed for $249,900
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Copyright 2026. All rights reserved.
14132 S School Street
Riverdale, IL


