Riverdale Value-Add Portfolio

For Sale

14046 South Atlantic Avenue, Riverdale, IL 60827

This Riverdale property for sale is located at 14046 South Atlantic Avenue. The current listed sale price for Riverdale Value-Add Portfolio is $950,000.

Contacts

broker

Marco Cesario

Jameson Commercial

Property Details

  • Property Type Multi-Family
  • Property Size 36,288 SF
  • Units 36
  • Additional Rent Contact for pricing
  • Year Built 1963
  • Date Updated Nov 5, 2024
Riverdale, ILJameson 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.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Getting around

  • 44/100

    Walk Score ®

  • 40/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Riverdale, IL
  • Zip Code 60827
  • Market Chicago

Points of Interest

  • Riverdale

    0.51 miles

  • West Pullman

    2.52 miles

  • Burr Oak

    2.63 miles

  • Blue Island

    2.72 miles

  • Kensington (115th Street)

    3.36 miles

  • 115th Street (Morgan Park)

    3.89 miles

  • 111th Street (Morgan Park)

    4.29 miles

  • Midlothian

    4.43 miles

  • 107th Street (Beverly Hills)

    4.65 miles

  • Calumet

    4.91 miles

  • Amstar

    0.40 miles

  • Citgo

    0.74 miles

  • Shell

    0.78 miles

  • HP

    0.84 miles

  • Clark

    1.29 miles

  • Arco

    1.31 miles

  • Marathon

    1.62 miles

  • Tesla Supercharger

    4.03 miles

  • EVgo

    9.52 miles

  • Pace Harvey Park & Ride

    2.09 miles

  • Kensington / 115th Street Station Parking Lot

    3.27 miles

  • Auto Warehousing Company

    3.60 miles

  • Blue Island Park & Ride

    3.96 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

  • Knights Inn Calumet Park

    2.24 miles

  • Days Inn Calumet Park

    2.28 miles

  • Plaza Inn

    2.33 miles

  • Luxe Inn

    2.58 miles

  • Starlite Motel

    2.62 miles

  • Baymont Chicago/Calumet City

    2.94 miles

  • Clover-Leaf Motel

    3.02 miles

  • Holland Inn & Suites

    3.30 miles

  • Days Inn & Suites by Wyndham Harvey / Chicago Southland

    3.87 miles

  • Quality Inn & Suites

    3.89 miles

  • Fairway Finer Foods

    0.78 miles

  • ALDI

    2.01 miles

  • Food 4 Less

    2.09 miles

  • Dixmoor Meat Market

    2.60 miles

  • Walt's Food Center

    2.66 miles

  • Pete's Market

    3.06 miles

  • Jewel-Osco

    3.12 miles

  • Burlington

    3.47 miles

  • dd's Discounts

    3.50 miles

  • Big Lots

    4.29 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Marco Cesario

Jameson Commercial