513 W 144th ST Save Request In-Person Tour Request Virtual Tour
Riverdale,IL 60827
Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12061728
Year Built 1957
Annual Tax Amount $20,303
Tax Year 2022
Lot Size 0.720 Acres
Lot Dimensions 50X125
Property Description
An eight-unit masonry walk-up apartment building with a mix of one and two-bedroom units certainly catches attention. With six one-bedroom units and two two-bedroom units, there's diversity in the offerings. The fact that some units require extensive repair, and the "AS IS" condition might deter some buyers, but for an investor with a knack for renovation, it's an opportunity waiting to be capitalized on. The month-to-month lease arrangement provides flexibility for the new owner to make changes as needed, whether it's renovating units or adjusting rental rates. Overall, this property seems like an exciting prospect for an investor/contractor duo ready to roll up their sleeves and unlock its full income potential.
Location
State IL
County Cook
Area Riverdale
Zoning MULTI
Interior
Fireplace N
Exterior
Utilities Available Water-Municipal
Building
Dwelling Type Multi Family 5+
Level or Stories 2