For Sale $950,000
Property Type Multi-Family
Property Size 36,288 SF
Units 36
Additional Rent Contact for pricing
Date Updated May 8, 2024

Riverdale is located...Jameson Commercial Real Estate has been exclusively engaged in marketing three 12-unit apartment buildings in Riverdale, Illinois, which are strategically located. The buildings are situated at 14044 S. Atlantic Ave., 14101 S. School St., and 14044 S. School St., and are essentially side by side. All three buildings are currently vacant, and there is a great opportunity to add value by completing medium-lift construction work and leasing the building to market rents. The total unit count is (19) 1-bedroom 1-bath and (17) 2-bedroom 1-bath units. The total square footage for all three buildings is approximately 36,288, with a net rentable square feet of approximately 33,650. The largest building, situated at 14044 S. School, spans approximately 15,900 sf, with each floor plate measuring around 5,300 sf. With an average of four units per floor, the units range from 1,000 to 1,200 sf. This building presents a unique opportunity for a new owner to convert the one-bedroom units into two bedrooms and the two-bedroom units into three bedrooms, offering the potential for increased rental income.

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Contacts

Marco Cesario

Jameson Commercial

(312) 216-8000

Location

Getting Around

Walk Score ®
44/100 Car-Dependent
Bike Score ®
40/100 Somewhat Bikeable

Map
Street

City Riverdale, IL
Zip Code 60827
Market Chicago

Points of Interest

Riverdale

0.51 miles
West Pullman

2.52 miles
Blue Island

2.72 miles
115th Street (Morgan Park)

3.89 miles
111th Street (Morgan Park)

4.29 miles
107th Street (Beverly Hills)

4.65 miles
103rd Street (Beverly Hills)

5.09 miles
99th Street (Beverly Hills)

5.53 miles
Homewood

5.68 miles
95th/Dan Ryan

5.72 miles

Amstar

0.40 miles
Citgo

0.74 miles
HP

0.84 miles
Marathon

1.21 miles
Citgo

1.25 miles
Shell

1.29 miles
Gas Depot

1.31 miles
Clark

1.42 miles
BP

1.69 miles
BP

1.71 miles

Pace Harvey Park & Ride

2.09 miles
Auto Warehousing Company

3.63 miles
Blue Island Park & Ride

3.97 miles
Hegewisch NICTD #1

4.36 miles
Rest Area I-80 (West Bound)

4.40 miles
Rest Area I-80 (East Bound)

4.47 miles
Hegewisch Accessible Parking

4.49 miles
Hegewisch Park & Ride

4.55 miles
City of Chicago Auto Pound

5.03 miles
Pace Homewood Park & Ride

5.20 miles

Knights Inn Calumet Park

2.24 miles
Days Inn Calumet Park

2.28 miles
Plaza Inn

2.33 miles
Best Motel & Suites

2.58 miles
Baymont by Wyndham Chicago/Calumet City

2.94 miles
Holland Inn & Suites

3.30 miles
Days Inn & Suites by Wyndham Harvey / Chicago Southland

3.87 miles
Quality Inn & Suites

3.90 miles
Motel 6

3.92 miles
Super 8 South Holland

3.99 miles

McDonald's

1.11 miles
Dunkin'

1.13 miles
Popeyes

1.31 miles
Subway

1.38 miles
Domino's

1.69 miles
Baba's

1.74 miles
Harold's Chicken Shack #35

1.79 miles
Checkers

2.17 miles
Dunkin'

2.20 miles
Burger King

2.25 miles

Riverdale Elementary School

0.17 miles
Park Elementary School

0.18 miles
Washington Elementary School

0.23 miles
Satellite School

0.42 miles
General George Patton School

0.56 miles
Jefferson Elementary School

0.57 miles
Roosevelt School

0.74 miles
Former St. Paul's Lutheran School

0.75 miles
Ivanhoe Manor School

0.82 miles
Saint Mary's School

0.86 miles

Council Oak Montessori School

3.02 miles
Happy Days Child Care Center

3.19 miles
Me & You Learning Academy

3.58 miles
Daycare

5.33 miles
Shining Star Child Development

6.54 miles
Mari's Bumble Bee Academy

6.80 miles
Shining Star Child Development

7.37 miles
Restoring the Seed Childcare

7.41 miles
Kenyatta's Day Care and Learning Center

8.89 miles
Ada S. McKinley, Ersula Howard Child Care Center

9.22 miles

Frequently Asked Questions

How much does Riverdale Value-Add Portfolio cost?

The space currently listed for sale at Riverdale Value-Add Portfolio asks for $950,000.

What is the total square footage of Riverdale Value-Add Portfolio?

Riverdale Value-Add Portfolio totals 36,288 square feet.

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