14121 Stewart Avenue
Riverdale,
IL
60827
$1,575,000.00
$1,499,000.00
Listing Description
Beautifully updated 18-unit apartment building. The building consists of 2 - 1 Bedroom units and 16 - 2 Bedroom units. 13 of the 18 units were recently (2024) updated with new kitchens, baths, flooring and appliances. The roof was replaced in 2024. Coin laundry room available, providing additional income. Landlord is responsible for gas, water, garbage, and common area electric. Building priced at a 13% Cap Rate, with a near term upside potential of 15% pro forma Cap Rate. Call listing agent for additional details and to schedule an appointment.