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14132 S School Street Riverdale, IL 60827 Multi Unit - Multiple Re-activated

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Description

Rare opportunity to acquire a solid brick flexicore 9-unit building in the Ivanhoe area of Riverdale. Long-term ownership creates an exceptional value-add opportunity for investors seeking strong rental growth potential. The building features eight 2-bedroom units and one studio, with individual heat for each unit, offering efficiency and tenant convenience. Current rents present tremendous cash flow upside for the savvy investor. Competitively priced-compare with recent sales in the area. This property may also be purchased together with MLS #12584499 and MLS #12583554, creating an outstanding opportunity to expand and scale your investment portfolio. Serious inquiries only. Pre-approval or proof of funds required prior to scheduling an appointment.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

County: Cook
Listed By:
Keller Williams Preferred Rlty 708-798-1111
MRED MLS
$249,900
Est. $1,631/mo
New to the Market Re-activated
BEDS0 BATHS MLS#12584727
STATUSRe-activated PROPERTY TYPEMulti Unit - Multiple

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Ruhl&Ruhl Realtors
563.441.1776

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14132 S School Street , Riverdale, IL 60827.

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Call or Click to get Pre-Approved! 563-441-1862 toll free 866-441-1862

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $249,900$249,900$249,900
Down Payment $49,980$8,747$62,475
Monthly Mortgage Amount $1,183$1,432$1,519
Taxes $348$348$348
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$110$0
Monthly Estimated Total $1,631$1,990$1,967

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About this area

Iowa/Riverdale
Riverdale

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Find houses for sale in Riverdale, Iowa and learn about the local community and real estate market.

Nestled on the banks of the Mississippi River, Riverdale is a small town that was incorporated in 1950. With only around 350 residents, it’s a tranquil, tight-knit place to call home. For those who work in nearby Davenport, it’s a lovely place to come home to at the end of the day. Most of its streets are residential and lined with mature trees. At the northern end of town sits Scott Community College, while a manufacturing company swallows up a good portion of the land near the river. Owning a piece of Riverdale real estate means always having two coveted things: quiet and convenience.

One of the biggest benefits of living in Riverdale is its easy access to parks and preserves. Veteran’s Memorial Park, with its creek, bandshell, and ponds, is located in the adjacent town of Bettendorf. Pigeon Creek Park is a prime spot for enjoying calm moments by the river. And Smith’s Island Nature Trail is a verdant paradise in the summer months when the foliage is at its lushest.

It’s easy to be enchanted by the homes for sale in Riverdale, as most boast excellent curb appeal, well-maintained interiors, and ample yards with shady trees and healthy grass. There are options in a range of price points, too, making it likely you’ll find something you love within your budget.

Get connected with a local real estate expert for up-to-date real estate market trends, nearby school profiles, community demographic information, and more.

No matter the reason for moving, Ruhl&Ruhl Realtors has plenty of real estate options and homes for sale in Riverdale, IA for you to choose from. Continue browsing this page to see all houses for sale in Riverdale, IA and if you need to do a little more research before buying, check out the pages below.

Nearest Ruhl&Ruhl Office
1228 Middle Road
Bettendorf, IA 52722
Phone Number: (563) 441-1776

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