60 E 138th Street
Riverdale, IL, 60827
$449,000
1 Beds
1 Baths
0 SqFt
0.07 Acres
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MLS #MRD12588169 image #0
Exceptional opportunity for INVESTORS seeking stable cash flow with built-in rental upside. This well-maintained 6-unit multifamily property has demonstrated nearly perfect occupancy for over 40 years, with only one single month of vacancy across all units during that entire time. Each unit features a 1 bed/1 bath layout with approximately 450 sq. ft of livable space + bathroom/storage. Roof was upgraded 6 years ago, water heater 3 years ago, common areas freshly painted 1 year ago. Current rents average $800 per unit, while comparable properties in the area suggest approximately $1,100 per unit, creating a clear value-add opportunity for INVESTORS looking to increase cash flow over time.

Property Details

Price:
$449,000
MLS #:
MRD12588169
Status:
Active
Beds:
1
Baths:
1
Type:
Commercial
Neighborhood:
riverdale
Listed Date:
Mar 10, 2026
Year Built:
1961
RiverdaleRiverdale

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Schools

Interior

Cooling
Window Unit(s)

Exterior

Construction Materials
Brick
Stories
3

Financial

Net Operating Income
$28,000
Tax Year
2024
Taxes
$9,205

Map

Community

Market Summary

Current real estate data for Commercial in Riverdale as of May 15, 2026
4
Commercial Listed
52
Avg DOM
$299,700
Avg List Price

Property Summary

    60 E 138th Street Riverdale IL is a Commercial for sale in Riverdale, IL, 60827. It is listed for $449,000

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60 E 138th Street
Riverdale, IL