42 East 138th Street

Riverdale, IL 60827

$240,000
Price
20
Beds
21
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Attention Investors and Contractors! This six-unit multi-family property now available! This building features: (5) 1-bedroom, 1-bath units and (1) spacious studio located on the first floor. Parking: 6 dedicated parking spaces at the rear, plus additional off-street parking options. Condition: Property is being sold "AS IS." Roof is only 5 years old! Some units may require minimal repairs, presenting an excellent opportunity for value-add enhancements. Current Tenancy: Tenants are on month-to-month...Attention Investors and Contractors! This six-unit multi-family property now available! This building features: (5) 1-bedroom, 1-bath units and (1) spacious studio located on the first floor. Parking: 6 dedicated parking spaces at the rear, plus additional off-street parking options. Condition: Property is being sold "AS IS." Roof is only 5 years old! Some units may require minimal repairs, presenting an excellent opportunity for value-add enhancements. Current Tenancy: Tenants are on month-to-month leases; 3 units are currently vacant and easy to show. Conveniently located near I-57 and I-94, this property is ideal for both seasoned investors and those looking to make their mark in real estate. Don't miss out-book your showing appointment today!
  1. Listed by Sandy Munoz • RE/MAX 10

Property Details for 42 East 138th Street

Area
Riverdale
Township
Calumet
Zoning
MULTI
LISTING UPDATED: 11/16/2024 02:28 PM

Property Details for 42 East 138th Street

StatusActive
MLS #11929418
Days on Market364
Taxes$12,001 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Multi Family 5+-Other
Year Built1961
Lot Size0.12 AC / 5,175 SF
CountyCook County

Building Information for 42 East 138th Street

Stories3Residences6Year Built1961Building Size-Lot Size0.12 AC / 5,175 SF

Property Information for 42 East 138th Street

General Information
Addtl Parking Information
  • Outdoor Parking: 1-5 Spaces,Paved
Location and General Information
  • Information: None
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Electric: Circuit Breakers
  • Basement Description: Unfinished
  • Heat/Ventilation: Gas,Hot Water
  • # Of Refrigerators: 6
  • Num of Baths: 21.0
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Electricity
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Other
  • Lot Dimensions: 125X41
  • Lot Size Square Feet: 5175.0
  • Stories: 3
  • Exterior Building Type: Brick
  • Foundation Details: Concrete Perimeter
Property and Assessments
  • Buyer Financing: Conventional, Cash
  • Public Document Count: 0
  • Photos Count: 11
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $54,600.00
  • Gross Scheduled Income: $54,600.00
  • Insurance Expense: $2,800.00
  • Maintenance Expense: $.00
  • Insurance Expense Source: Owner Projection
  • Janitor Expense: 0
  • Total Monthly Income: 2350
  • Water Expense Source: Combination
  • Net Operating Income: $42,599.00
  • Operating Expense: $.00
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $3,600.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 1
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 2
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 3
Unit 4
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 4
Unit 5
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 5
Unit 6
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 6
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 42 East 138th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 42 East 138th Street

Taxable ValueLand$1,811Additions$16,504Total$18,315
Tax Record2018$16,531 ($1,378 / month)
Home Facts
Baths6Total Finished SqFt4,636 SqFtAbove Grade Finished SqFt4,636 SqFtStories3Lot Size5,175 SqFtStyleMulti-Family Res (5+ Units)Year Built1961CountyCOOKAPN29042050430000

Schools near 42 East 138th Street

This home is within Thornton Twp Hsd 205 School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Washington Elementary School
PublicK to 6

Washington Junior High School
Public7 to 8

Thornton Township High School
Public9 to 12

Peace Center
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

42 East 138th Street is a multi-family home for sale in Riverdale, IL 60827. This property was listed for sale on January 7, 2024 by RE/MAX 10, it's currently listed at $240,000. This listing's school districts are Thornton Twp Hsd 205 School District, Dolton School District 148. Nearby schools include Washington Elementary School, Washington Junior High School and Thornton Township High School. 42 East 138th Street is a 20-bed, 21-bath, multi-family home built in 1961.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX 10

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 11/16/2024 02:28 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.