21616 Peterson Avenue, Sauk Village, IL
  • $429,000
  • $439,000

Description

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.

  • Listing Courtesy of: Compass

Details

Updated on June 27, 2026 at 4:07 am
  • Property ID MRD12541118
  • Price $429,000
  • Bedrooms 4
  • Year Built 1977
  • Property Type Multi Family
  • Property Status Active
  • Parking Total 2
  • Parcel Number 32251090940000
  • Water Source Public
  • Sewer Public Sewer
  • MLS Status Active
  • Days On Market 173
  • Cumulative Days On Market 152
  • Tax Annual Amount 3257
  • Heating Natural Gas,Forced Air
  • Parking Features Yes
  • Directions Sauk Trail East to Jeffrey left to 217th left to Peterson right
  • Address 21616 Peterson Avenue
  • City Sauk Village
  • State/county IL
  • Zip/Postal Code 60411
  • Country United States

Overview

Property ID: MRD12541118
  • Multi Family
  • Property Type
  • 4
  • Bedrooms
  • 1977
  • Year Built

Mortgage Calculator

Monthly
  • Down Payment
  • Loan Amount
  • Monthly Mortgage Payment
  • Property Tax
  • Home Insurance
  • PMI
  • Monthly HOA Fees
$
%
%
%
$
$
%