60 E 138th Street, Riverdale, IL 60827
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
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Price $449,000
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Land Area 0.07 Acres
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Year Built 1961
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Property Type Multi Family
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Property Status Active
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Parcel Number 29042060050000
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MLS Status Active
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Days On Market 109
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Living Area 0.07
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Cumulative Days On Market 47
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Tax Annual Amount 9205
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Cooling Window Unit(s)
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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.
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StoriesTotal 3
Address
Open on Google Maps- Address 60 E 138th Street
- City Riverdale
- State/county IL
- Zip/Postal Code 60827
- Country United States
Overview
- Multi Family
- 1961
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