Riverdale Value-Add Portfolio

14046 South Atlantic Avenue, Riverdale, IL 60827

  • For Sale $950,000
  • 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.

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Contacts

broker

Marco Cesario

Jameson Commercial

Location

Getting Around

  • Walk Score ®

    44/100 Car-Dependent

  • Bike Score ®

    40/100 Somewhat Bikeable
Powered by Walk Score ®
  • 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

  • Harold's Chicken Shack

    0.73 miles

  • Joey's Red Hots

    0.78 miles

  • McDonald's

    1.11 miles

  • Dunkin'

    1.13 miles

  • Beggars Pizza

    1.13 miles

  • Popeyes

    1.32 miles

  • Subway

    1.38 miles

  • Domino's

    1.69 miles

  • Baba's Famous Steak & Lemonade

    1.74 miles

  • Checkers

    2.17 miles

  • Riverdale Elementary School

    0.18 miles

  • Washington Elementary School

    0.18 miles

  • Park Elementary School

    0.19 miles

  • Satellite School

    0.42 miles

  • General George Patton School

    0.57 miles

  • Jefferson Elementary School

    0.57 miles

  • Roosevelt Elementary School

    0.75 miles

  • Former St. Paul's Lutheran School

    0.75 miles

  • Harriet Tubman Elementary School

    0.83 miles

  • Saint Mary's School

    0.86 miles

  • Council Oak Montessori School

    3.02 miles

  • Happy Days Child Care Center

    3.18 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

  • Restoring the Seed Childcare

    7.41 miles

  • Childrens Hour Pre-School Center

    8.80 miles

  • Shiloh Nursery

    8.85 miles

  • Kenyatta's Day Care and Learning Center

    8.89 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.

When was this property built?

Riverdale Value-Add Portfolio was built in 1963.

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Contact Listing Broker

broker

Marco Cesario

Jameson Commercial