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Five-Unit Apartment Building
For Sale
$725,000

2225 S 17th Avenue, North Riverside, IL 60546

Five two-bedroom, one-bath units with two dedicated parking spaces each at a 1960-built North Riverside multifamily property.

Property SizeContact for details
Days on Market24

Property Features for 2225 S 17th Avenue

General Information

Standard status Active
Total Parking Spaces 10
Property subtype Commercial
Zoning MULTI

Units

Unit Mix 5 x 2BR/1BA
Multifamily Units 5
Parking per Unit 2

Taxes and HOA fees

Annual Taxes $11,947

Building Details

Year Built 1960
Stories 2
Units 5
Listing Agency: Compass
Listed By: Mike Wolson
Source: Birdrealtysells
Added: Jul 20 Changed: Aug 8 Last Checked: Aug 11 at 2:03PM

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 Compass

Investment Insights

Based on property information with market context.

This five-unit apartment building in North Riverside offers a simple, manageable configuration with five two-bedroom, one-bath units. Each unit includes two dedicated parking spaces, supporting tenant convenience and straightforward day-to-day operations.

Built in 1960, the property is well suited for a buyer looking to pursue value through targeted modernization and improvements, with long-term tenant occupancy currently in place. The on-site parking totals ten spaces across the property.

The asset’s five-unit layout provides an easy framework for lease repositioning and phased renovations while maintaining an in-place rental base.

Key Highlights

  • Five two‑bedroom, one‑bath units
  • Two dedicated parking spaces per unit, 10 total spaces
  • North Riverside, IL 60546

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Restaurant Skin Care Clinic Parking Lot & Garage

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

Location Intelligence

Trade Area within ½ mile

439
Businesses Nearby

Demographics for 60546, IL

16,819
Population
6,913
Households
2.4
Avg Household Size
42
Median Age
57%
College-Educated
96%
High-School Grad
4.0 sq mi
ZIP Area
4,205
Density / Sq Mi
$109,933
Median Household Income
$66,445
Median Earnings
$1,331
Median Rent
$377,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Five two-bedroom, one-bath units with two dedicated parking spaces each at a 1960-built North Riverside multifamily property.
Where is this apartment building located?
The property is located at 2225 S 17th Avenue North Riverside, IL.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Five two‑bedroom, one‑bath units; Two dedicated parking spaces per unit, 10 total spaces; North Riverside, IL 60546
More about this property
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