Mixed-Use Brick Flexicore
For Sale
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201 W 144th Street, Riverdale, IL 60827
Downtown mixed-use property with restaurant storefronts and five apartments, offering shared income streams and commuter access.
Days on Market67
Property Features for 201 W 144th Street
General Information
Standard status
Active
Property subtype
Mixed Use, Multifamily
Additional Details
Business Included
Yes
Commercial Hood
Yes
Multifamily Units
5
Building Details
Year Built
1966
Tenancy
Multi
Listing Agency:
The Mattz Mega Group
(708) 473-7508
Listed By:
James Mattz · License #IL 475095060
Source:
Crexi
Added: May 29
Changed: Jul 10
Last Checked: Aug 2 at 11:57AM
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 The Mattz Mega Group
Investment Insights
Based on property information with market context.
This mixed-use brick flexicore property is configured as a total of 7 units, with two combined main-level storefronts operated as a full-service restaurant plus five residential apartments above. The commercial space includes a full commercial kitchen, multiple workstations, and seating capacity for approximately 150 guests. The residential component features two 2-bedroom/1-bath apartments and three 1-bedroom/1-bath apartments, with several units offering private balconies.
The property is located in the heart of downtown Riverdale, just steps from City Hall, the Metra Train station, and the Central Business District. It sits within a highly walkable, residentially oriented community with nearby commuter access.
For tenants and operators, the building supports a true mixed-use live/work setup by combining street-level restaurant operations with multiple apartment units. The rent/expense structure is also defined: the owner provides heat, and tenants pay electric, including central air. The overall configuration can be attractive to buyers seeking a single-asset platform that accommodates both hospitality use at grade and apartment living overhead in one ownership.
The property is located in the heart of downtown Riverdale, just steps from City Hall, the Metra Train station, and the Central Business District. It sits within a highly walkable, residentially oriented community with nearby commuter access.
For tenants and operators, the building supports a true mixed-use live/work setup by combining street-level restaurant operations with multiple apartment units. The rent/expense structure is also defined: the owner provides heat, and tenants pay electric, including central air. The overall configuration can be attractive to buyers seeking a single-asset platform that accommodates both hospitality use at grade and apartment living overhead in one ownership.
Key Highlights
- 1966‑built downtown mixed‑use flexicore brick property with 7 total units: 2 storefronts and 5 apartments
- Restaurant space at street level with full commercial kitchen, multiple workstations, and seating for approx. 150 guests
- Two 2‑bedroom/1‑bath units plus three 1‑bedroom/1‑bath units in the residential portion
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Commercial hood
Location Intelligence
Trade Area within ½ mile
286
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Downtown mixed-use property with restaurant storefronts and five apartments, offering shared income streams and commuter access.
Where is this apartment building 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: 1966‑built downtown mixed‑use flexicore brick property with 7 total units: 2 storefronts and 5 apartments; Restaurant space at street level with full commercial kitchen, multiple workstations, and seating for approx. 150 guests; Two 2‑bedroom/1‑bath units plus three 1‑bedroom/1‑bath units in the residential portion
