Beautifully renovated and fully occupied, this turnkey 4-unit investment property presents a rare opportunity for immediate cash flow with minimal owner responsibilities. The building features separately metered units consisting of one 2-bedroom apartment, two 1-bedroom apartments, and one studio unit, offering a diversified rental mix attractive to a broad tenant base. Extensively updated with new electrical, plumbing, and mechanical systems, this property has been thoughtfully improved for long-term durability and low maintenance ownership. With tenants responsible for their own utilities, owner expenses are limited to real estate taxes, insurance, and water, creating an efficient operating profile. An ideal addition to any investment portfolio, this stabilized asset combines strong occupancy, modernized infrastructure, and dependable income potential.
Property Details
Price:
$429,000
MLS #:
MRD12541118
Status:
Active
Beds:
4
Baths:
4
Type:
Multi Family
Neighborhood:
saukvillage
Listed Date:
Jan 5, 2026
Year Built:
1977
See this Listing
Schools
School District:
206
Interior
Heating
Natural Gas, Forced Air
Exterior
Construction Materials
Vinyl Siding, Brick
Parking Features
Yes
Parking Spots
2
Parking Total
2
Financial
Tax Year
2024
Taxes
$3,257
Map
Community
- Address21616 Peterson Avenue Sauk Village IL
- CitySauk Village
- CountyCook
- Zip Code60411
Market Summary
Current real estate data for Multi Family in Sauk Village as of Jun 10, 2026
1
Multi Family Listed
156
Avg DOM
$429,000
Avg List Price
Property Summary
- 21616 Peterson Avenue Sauk Village IL is a Multi Family for sale in Sauk Village, IL, 60411. It is listed for $429,000
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Copyright 2026. All rights reserved.
21616 Peterson Avenue
Sauk Village, IL


