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31176125
31176126

21616 Peterson Ave, Sauk Village, IL 60411

SP
Compass
Listed by Compass
$429,000
52 days on market
Updated 5 days ago

Sauk Village

Details
Property Type Multifamily
Sub Type Apartment Building
Cap Rate 9.29%
NOI $39,864
Occupancy 100%
Pro-Forma Cap Rate 10.26%
Pro-Forma NOI $44,011
Year Renovated 2025
Buildings 1
Stories 2
Lot Size (SqFt) 4,180
Investment Type Stabilized

Multifamily | 8.92% CAP

Marketing description

Beautifully renovated and fully occupied, this turnkey 4-unit investment property presents a rare opportunity for immediate cash flow with minimal owner responsibilities. The building features separately metered units consisting of one 2-bedroom apartment, two 1-bedroom apartments, and one studio unit, offering a diversified rental mix attractive to a broad tenant base.

Extensively updated with new electrical, plumbing, and mechanical systems, this property has been thoughtfully improved for long-term durability and low maintenance ownership. With tenants responsible for their own utilities, owner expenses are limited to real estate taxes, insurance, and water, creating an efficient operating profile.

An ideal addition to any investment portfolio, this stabilized asset combines strong occupancy, modernized infrastructure, and dependable income potential.

Investment highlights

Fully occupied 4 unit, separately metered property available in Sauk Village. Owner pays real estate taxes, insurance and water.

Listing Contacts

SP
Compass
Listed by Compass

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$39,864.00
$3,322.00/mo

Valuation Metrics

0
DSCR
9.29%
Cap Rate
9.29%
ROI

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