$725,000
( )
 $3,892 est/mo Sourced by Back At You

2225 S 17th Avenue,North Riverside, IL 60546

North Riverside, IL 60546

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Description

Rare value-add multifamily opportunity in North Riverside featuring five two-bedroom, one-bath units, each with two dedicated parking spaces. The property has been owned and occupied by long-term tenants, providing an investor with immediate in-place income and a clear opportunity to create additional value through renovation, deferred maintenance improvements, and active asset management. Current rents range from $900 to $1,100 per month, with market rents estimated at approximately $1,600 per month following renovation. Each unit presents an opportunity for modernization and repositioning, allowing a new owner to improve the asset, capture rental upside, increase operating income, and enhance long-term value. With ten on-site parking spaces and a straightforward five-unit configuration, this property offers an attractive opportunity for investors seeking a manageable multifamily investment with meaningful upside potential through targeted improvements and lease repositioning.

Details

MLS #12705965
Listing TypeFor Sale
StyleMulti Family 5+
Sub-TypeResale
StatusActive Under Contract
Year1960
Days On Site48
Listing Provided ByCompass | Mike Wolson

Features

Story(s)2
Units5
ZoningMULTI
Acreage0.13

Interior

CoolingWindow Unit(s)

Exterior

Construction MaterialsBrick

Utilities

ElectricCircuit Breakers

Taxes

Tax Year2024
Tax Annual Amount11947

Area Information

StateIL
CountyCook
CityNorth Riverside
Zip Code60546
AreaNorth Riverside
Listing VS Median (in 60546)
Price:
$725,000
low | high
Med:
$474,500
84.551724137931% of Average
On site:
48
low | high
Med:
68
70.588235294118% of Average
Sourced by Back At You

Market Activity 60546

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Contact

Learn More About This Property

Cora Coonich

Cora Koren Coonich

Daniel and Associates Real Estate

475161422 (630) 808-2994cora@daare.com
StateIL
CountyCook
CityNorth Riverside
Zip Code60546
AreaNorth Riverside
Listing VS Median (in 60546)
Price:
$725,000
low | high
Med:
$474,500
84.551724137931% of Average
On site:
48
low | high
Med:
68
70.588235294118% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $543K - $906K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
2263 S 14th Avenue Property Photo 1
$443,700
2263 S 14th Avenue
North Riverside, IL 60546
9017 W 23rd Place Property Photo 1
$299,000
9017 W 23rd Place
North Riverside, IL 60546
Listing Updated: July 23, 2026 at 1:28:53 PM PDT