Spacious 3-Bed, 2-Bath Home with Value-Add Potential in Riverdale, IL

4XX West 144th Street, Riverdale, IL, USA
Pending
Spacious 3-Bed, 2-Bath Home with Value-Add Potential in Riverdale, IL
4XX West 144th Street, Riverdale, IL, USA

Overview

  • Residential
  • Property Type
  • 3
  • Bedrooms
  • 2
  • Bathrooms
  • 1214
  • sqft

Description

Investment Opportunity: 3-Bed, 2-Bath Single Family Home in Riverdale, IL

Welcome to 4XX W 144th St, Riverdale, IL 60827! This 3-bedroom, 2-bathroom single-family home offers 1,214 sq ft of living space and comes with an unfinished basement—perfect for adding value through a complete renovation. The property is currently boarded up and in need of a total renovation, making it a fantastic project for an investor looking to maximize return.


💸 Financial Overview:

  • Asking Price:
  • After Repair Value (ARV): ~$220,000
  • Comparable Sales:
    • 14428 S Emerald Ave, Riverdale, IL 60827 – Sold for $215,000
    • 14513 S Union Ave, Riverdale, IL 60827 – Sold for $230,000
    • 14515 S Wallace Ave, Riverdale, IL 60827 – Sold for $195,000

🏚️ Property Features:

  • Bedrooms: 3
  • Bathrooms: 2
  • Square Footage: 1,214 sq ft
  • Basement: Unfinished (Value-add opportunity)
  • Condition: Boarded up and in need of full renovation

🔨 Investment Opportunity:

This property presents an ideal investment for those looking to undertake a renovation project and build equity. With a low purchase price and a solid ARV, there is ample room for return on investment. The unfinished basement also provides an opportunity to create additional living space or storage, further increasing property value.


🌆 Neighborhood Highlights:

  • Located in Riverdale, IL, this property is positioned in an area seeing gradual revitalization, making it a prime candidate for an investment property.
  • Close to schools, parks, and public transportation, with easy access to major highways for commuting into the city.

With an asking price of [PENDING] and an ARV of ~$220,000, this property offers substantial upside for investors looking to undertake a full renovation.

For Inquiries and Viewing Requests, Call Now: (773) 985-7343


Discover more homes and investment opportunities: Click Here!

  • Address 4XX West 144th Street, Riverdale, IL, USA
  • City Riverdale
  • State/county Illinois
  • Zip/Postal Code 60827
  • Country United States

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