14135 Tracy Ave Riverdale, IL 60827
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 14135 Tracy Ave
- Year built
- 1964
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents two six-unit multifamily buildings located at 14135 S Tracy Avenue in Riverdale, Illinois, listed at $200,000. Both buildings must be sold together, presenting a unique portfolio acquisition. Currently generating cash flow, these properties offer significant upside potential. Rents are below market value, providing immediate opportunities for increased profitability. Each building offers convenient private parking for tenants in the rear. The lower level of the buildings presents an excellent opportunity to add income-generating laundry facilities, further enhancing the return on investment. This is an ideal investment for those seeking to capitalize on Riverdale's thriving rental market. The properties are currently generating positive cash flow, indicating a strong foundation for future growth. The buildings' location within Riverdale provides easy access to local amenities and transportation. This is a rare chance to acquire a well-positioned, cash-flowing multifamily portfolio with substantial potential for appreciation and increased income. Don't miss this chance to secure a valuable asset in a dynamic rental market. Serious inquiries only.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Riverdale
- County
- Cook
- State
- Illinois
- Longitude
- -87.63021
- Latitude
- 41.63766
