14020-14022 S Atlantic Ave - Apartments FOR SALE


Riverdale, IL 60827
$798,500 USD
630-550-1515
14020-14022 S Atlantic Ave, Riverdale, IL for Sale
$798,500 USD
Apartments - FOR SALE
1/5
null | Request Cap Rate

14020-14022 S Atlantic Ave
Riverdale, IL 60827


HIGHLIGHTS

  • Turnkey Property
  • Strong Unit Mix
  • Great Location

OVERVIEW

SVN is pleased to present a 12-unit Multifamily opportunity located in the desirable Riverdale neighborhood of Chicago's South Side. The unit mix consists (6) 1 Bedroom, and (6) 2 Bedroom units. All units have new hardwood flooring, updated kitchens and baths, new appliances, thermostats, and window air-conditioning. Heat is provided individual furnaces. The building is in overall great condition. Including brand new 480 Amp electrical service, new complete tear-off roof, new furnaces, new gas meters, new vinyl windows and a new security system. The Building is equipped with 12 outdoor parking spaces and two washer and dryers. 14020-22 S Atlantic Avenue is a rare multifamily opportunity for investors to acquire with strong cash flow in prime condition.

FOR SALE DETAILS

PRICE

$798,500 USD

PRICE/SF

$85 USD /SF

# OF UNITS

12

PRICE/UNIT

$66,542

CAP RATE

Request Cap Rate

% LEASED

92%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1967

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

-

APN/PARCEL ID

29-04-111-011-0000,29-04-111-012-0000

ASK ABOUT THIS PROPERTY

Joe ConnellySVN | Chicago CommercialMore Info
630-550-1515

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Joe ConnellySVN | Chicago CommercialMore Info
630-550-1515

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.