60 E 138th Street, Riverdale, IL
  • $449,000

Description

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.

  • Listing Courtesy of: Fathom Realty IL LLC

Details

Updated on June 27, 2026 at 8:22 pm
  • Property ID MRD12588169
  • Price $449,000
  • Land Area 0.07 Acres
  • Year Built 1961
  • Property Type Multi Family
  • Property Status Active
  • Parcel Number 29042060050000
  • MLS Status Active
  • Days On Market 109
  • Living Area 0.07
  • Cumulative Days On Market 47
  • Tax Annual Amount 9205
  • Cooling Window Unit(s)
  • Directions Head West on 138th over the train tracks, right across the street from S Michigan Ave. Parking spaces in the back of the unit off of an alley.
  • StoriesTotal 3
  • Address 60 E 138th Street
  • City Riverdale
  • State/county IL
  • Zip/Postal Code 60827
  • Country United States

Overview

Property ID: MRD12588169
  • Multi Family
  • Property Type
  • 1961
  • Year Built

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