Listing provided courtesy of Fathom Realty IL LLCMREDas Distributed by MLSGrid- MLS# 12588169
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Request Info60 E 138th StreetRiverdale, IL 60827
Commercial · 1 Bed · 0.07 Acres$449,000
Active
60 E 138th Street Overview
- Time on Site:
- 110 days
- Visits:
- 0
Exceptional opportunity for INVESTORS seeking stable cash flow with built-in rental upside. This well-maintained 6-unit multifamily property has demonstrated nearly perfect occupancy for over 40 years, with only one single month of vacancy across all units during that entire time. Each unit features a 1 bed/1 bath layout with approximately 450 sq. ft of livable space + bathroom/storage. Roof was upgraded 6 years ago, water heater 3 years ago, common areas freshly painted 1 year ago. Current rents average $800 per unit, while comparable properties in the area suggest approximately $1,100 per unit, creating a clear value-add opportunity for INVESTORS looking to increase cash flow over time.
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60 E 138th Street Facts & Features
- Type Commercial
- Lot 0.07 Acres
Details
General
Income/Expenses
- Other Expense: 0
- Electric Expense: 0
- Fuel Expense: 0
- Gross Income: 57600
- Insurance Expense: 2600
- Maintenance Expense: 0
- Net Operating Income: 28000
- Operating Expense: 0
- Trash Expense: 0
- Water Sewer Expense: 0
Building Information
- Year Built: 1961
Business Information
- Current Use: Multi-Family
Location/Region
- County Or Parish: Cook
- MLS Area Major: Riverdale
Rent/Lease Information
- Tenant Pays: All Utilities
Tax Information
- Tax Annual Amount: $9,205.00
- Tax Year: 2024
General Information
- Parcel Number: 29042060050000
- Property Type: Commercial Sale
Interior
General Information
- Cooling: Window Unit(s)
- Stories: 3
Exterior
Lot Information
- Additional Parcels: No
- Lot Size Dimensions: 3125 sq. ft
Building Exterior/Construction
- Construction Materials: Brick
General Information
- Number Of Units Total: 6
Unit Information
Unit 1 Details
- Unit Type: Unit 1
- Beds Total: 1
- Baths Total: 1
- Units Total: 6
Unit 2 Details
- Unit Type: Unit 2
- Beds Total: 0
- Units Total: 0
Unit 3 Details
- Unit Type: Unit 3
- Beds Total: 0
- Units Total: 0
Unit 4 Details
- Unit Type: Unit 4
- Beds Total: 0
- Units Total: 0
Unit 5 Details
- Unit Type: Unit 5
- Beds Total: 0
- Units Total: 0
Unit 6 Details
- Unit Type: Unit 6
- Beds Total: 0
- Units Total: 0
Unit 7 Details
- Unit Type: Unit 7
- Beds Total: 0
- Units Total: 0
60 E 138th Street Neighborhood
Community
60827 (RIVERDALE) Demographics
32
Median Age
3,782
Population Density (per sq. mile)
23%
College Educated
$34,878
Estimated Median Income
4,281
Estimated Total Home Owners
6,204
Estimated Total Renters
41% / 59%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.60 E 138th Street Monthly Cost
60 E 138th Street Market Data
Based on the last 30 days in this zip code
$161,099
Average List Price
$130
Average Price per Square Foot
7
Properties Sold
87
Average Days on Market
89
Properties for Sale
60 E 138th Street History
| Date | Value | Agent |
|---|---|---|
| 3/15/2026Source: MRED | Active |
|
| 3/11/2026Source: MRED | March 11, 2026 |