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4-Unit Quadplex
For Sale
$649,900

1910 S 16th Avenue, Broadview, IL 60155

On-site coin-operated laundry and alley access add useful features to this multi-unit property.

Property SizeContact for details
Days on Market8

Property Features for 1910 S 16th Avenue

General Information

Standard status Active
Total Parking Spaces 5
Property subtype MULTI_FAMILY
Occupancy 75%

Additional Details

Multifamily Units 4

Taxes and HOA fees

Annual Taxes $10,453

Amenities

coin-operated laundry

Building Details

Year Built 1960
Buildings 1
Tenancy Multi
Listing Agency: Home One Realty
Listed By: Nicholas Hansen · License #471017504
Source: Dawnmckennagroup
Added: Oct 15 Changed: Oct 19 Last Checked: Oct 21 at 6:03AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Home One Realty

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Investment Insights

Based on property information with market context.

This four-unit residential property, built in 1960, has three occupied apartments and one vacant unit. Two apartments have updated kitchens and bathrooms, while shared interior areas have been freshly painted. The building also has new boilers and coin-operated laundry on site.

Five off-street parking spaces are available, with access from the alley. The vacant apartment can accommodate an owner-occupant or a new tenant.

Key Highlights

  • Four units; three occupied and one vacant
  • Two units have updated kitchens and bathrooms
  • New boilers and freshly painted common areas

Property Analytics

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Lease Details

4
Residential units
75%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

748
Businesses Nearby

Demographics for 60155, IL

8,011
Population
3,231
Households
2.5
Avg Household Size
44
Median Age
15%
College-Educated
85%
High-School Grad
1.9 sq mi
ZIP Area
4,216
Density / Sq Mi
$59,688
Median Household Income
$52,897
Median Earnings
$1,091
Median Rent
$240,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - On-site coin-operated laundry and alley access add useful features to this multi-unit property.
Where is this quadplex located?
The property is located at 1910 S 16th Avenue Broadview, IL.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: Four units; three occupied and one vacant; Two units have updated kitchens and bathrooms; New boilers and freshly painted common areas
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