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Mixed-Use Building with Restaurant
For Sale
$350,000

201 W 144th Street, Riverdale, IL 60827

A brick property pairs a full-service restaurant with five apartments near the Metra station and Riverdale’s central business district.

Property SizeContact for details
Days on Market151

Property Features for 201 W 144th Street

General Information

Standard status Active
Property subtype Commercial
Zoning COMMR

Units

Unit Mix 2 x 2BR/1BA, 3 x 1BR/1BA
Multifamily Units 5

Additional Details

Public Transit Yes
Seating Capacity 150
Currently Operating Yes

Taxes and HOA fees

Annual Taxes $25,816

Amenities

private balconies
central air

Building Details

Year Built 1966
Buildings 1
Stories 2
Units 7
Construction flexicore brick
Tenancy Multi
Listing Agency: Keller Williams Preferred Rlty
Listed By: James Mattz · License #471014052
Source: Fishmangroup
Added: May 27 Changed: Oct 23 Last Checked: Oct 23 at 3:52PM

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 Keller Williams Preferred Rlty

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Investment Insights

Based on property information with market context.

Built in 1966, this flexicore brick property contains seven units, including two combined storefronts and five apartments. The commercial space operates as a full-service restaurant and includes a commercial kitchen, multiple workstations, and seating for approximately 150 guests. The residential mix comprises two 2-bedroom/1-bath apartments and three 1-bedroom/1-bath apartments; several have private balconies. The owner provides heat, while tenants pay electricity, including for central air. The property is zoned COMMR.

The building is in downtown Riverdale, steps from City Hall, the Metra station, and the central business district. Residential housing surrounds the walkable area.

Key Highlights

  • Seven‑unit mixed‑use property with two combined storefronts and five apartments
  • Restaurant space includes a commercial kitchen, multiple workstations, and seating for approximately 150 guests
  • Apartment mix: two 2‑bedroom/1‑bath units and three 1‑bedroom/1‑bath units

Property Analytics

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Current Use

Ruby's Soul Food Restaurant PREMIER FOUR INVESTMENTS ... Real Estate Agency The Village Eatery (off-site ... Restaurant

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Spa & Massage Center Skin Care Clinic Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

359
Businesses Nearby

Demographics for 60827, IL

24,936
Population
11,481
Households
2.2
Avg Household Size
34
Median Age
15%
College-Educated
89%
High-School Grad
7.0 sq mi
ZIP Area
3,562
Density / Sq Mi
$37,648
Median Household Income
$31,611
Median Earnings
$1,044
Median Rent
$123,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Mixed-use property - A brick property pairs a full-service restaurant with five apartments near the Metra station and Riverdale’s central business district.
Where is this mixed-use property located?
The property is located at 201 W 144th Street Riverdale, IL.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Seven‑unit mixed‑use property with two combined storefronts and five apartments; Restaurant space includes a commercial kitchen, multiple workstations, and seating for approximately 150 guests; Apartment mix: two 2‑bedroom/1‑bath units and three 1‑bedroom/1‑bath units
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