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60 E 138th Street Riverdale, IL $ 449,000
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$ 449,000 Get more info
60 E 138th Street
$ 449,000
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60 E 138th Street

Riverdale, IL, 60827
$ 449,000
Bedrooms1 Baths0.0

Monthly Estimate*

$ 2,765

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Multi-Family Home for sale in Riverdale, IL

for $449,000 with 1 bedroom. This home was built in 1961 on a lot size of 0.07.

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.

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Multi-Family Active

Price

$ 449,000

Bedrooms

1

Property Type

Multi-Family

Taxes

$ 9,205

Style

Multi-Family

Lot Size

0.07

Year Built

1961

Town/City

Riverdale

County/Region

Cook

MLS | Web ID

12588169
Features
General
Cooling Window Unit(s)
Construction Materials Brick
Year Built 1961
Tenant Pays All Utilities
Stories Count 3
Tax Year 2024
Current Use Multi-Family
Gross Income 57600
County Cook
Net Operating Income 28000
Operating Expense 0
Insurance Expense 2600
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 0
Status New
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.
City Riverdale
Number Of Units Total 6
MLS Area Riverdale
Tax Annual Amount 9205
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active
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Exterior
Lot Dimensions 3125 sq. ft
Lot Size Acres 0.07
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* Excluded Features
List By
Fathom Realty Il Llc

Broker

pdkestates7@gmail.com

Email

Affordability Calculator

$3,532
Per Month
78%
22%
0%
Monthly Principal & Interest
$2,765
Monthly Property Taxes
$767
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/11/2026$449,000 Listed Price

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60 E 138th Street, Riverdale, IL, 60827 is a Multi-Family Home for sale at $449,000 with a lot size of 0.07. 60 E 138th Street has 1 bedrooms, 0.0 baths, and was built in 1961. The property's zip code is 60827 which is in Riverdale, IL

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