2310 S 17th Avenue North Riverside, IL 60546 Multi Unit - Multiple Re-activated

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Description

Well maintained all brick 5 unit building located on a quiet residential street in desirable North Riverside. This solid property features five spacious two bedroom units, each offering functional layouts with eat in kitchens and generous living room areas. The building offers rear and street parking, adding convenience and value for tenants, along with a first floor common laundry room equipped with coin operated washer and dryer, creating an additional income stream. A major capital improvement has already been completed with a new roof in 2025. All appliances are included, and tenants pay their own electric, helping keep operating expenses manageable. The property is fully rented with month to month leases (except for one unit undergoing updates), providing immediate cash flow along with flexibility for future rent adj ustments or repositioning. This is a stable, income producing asset with upside potential, ideal for both seasoned investors and those looking to expand their portfolio in a strong suburban rental market. 24 hours notice for showings.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

County: Cook
Listed By:
RE/MAX 10 in the Park 708-923-0900
MRED MLS
$750,000
Est. $4,812/mo
Re-activated
BEDS0 BATHS MLS#12554097
STATUSRe-activated PROPERTY TYPEMulti Unit - Multiple

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2310 S 17th Avenue, North Riverside, IL 60546.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $750,000$750,000$750,000
Down Payment $150,000$26,250$187,500
Monthly Mortgage Amount $3,549$4,298$4,559
Taxes $1044$1044$1044
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$330$0
Monthly Estimated Total $4,812$5,891$5,822

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