14121 S Stewart Avenue, Riverdale, IL 60827 - Photo 1

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$1,499,000

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Active
Commercial

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Property Description

Beautifully updated 18-unit apartment building. The building consists of 2 - 1 Bedroom units and 16 - 2 Bedroom units. 13 of the 18 units were recently (2024) updated with new kitchens, baths, flooring and appliances. The roof was replaced in 2024. Coin laundry room available, providing additional income. Landlord is responsible for gas, water, garbage, and common area electric. Building priced at a 13% Cap Rate, with a near term upside potential of 15% pro forma Cap Rate. Call listing agent for additional details and to schedule an appointment.

Full Property Details

Full Property Details for 14121 S Stewart Ave

General

Price: $1,499,000
HOA FEE: $4,000
Taxes: $37,765 (2023)
Status: Active
Type: Commercial
Source: MRED
MLS ID: 12484988
Updated: 11/20/2025
Added to Site: 109 day(s) ago

Location

Area: Riverdale
County: Cook
Township: Thornton
Driving Directions: Halstead Ave and 138th St to School St south to 141st west to Stewart Ave south to building.

Heating & Cooling

Heating Type: Central Building Heat, Gas, Hot Water

Utilities

Trash: 3000

Structural Information

Stories/Levels: 3
Current Bldg. Use: Multi-Family
Year Built: 1964
Built Before 1978: Yes

Unit Information

Units w/Refrigerators: 18
Units w/Range/Oven: 18
# Dryers: 2

Lot Features

Lot Dimensions: 102 x 123

Financial Considerations

Maint. Fee: $4,000
Insurance Fee: $10,598
Operating Expenses: $88,401
Assessment Year: 1964
Tax Amount: $37,765
Tax Year: 2023
Pays Electric: 980
Pays Trash: 3000

Disclosures and Reports

Property ID: 29041130110000

Buyer's Brokerage Compensation: 2%

Not binding unless confirmed by separate agreement among applicable parties.

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Meet the listing agents

— 14121 S Stewart Ave —

Mark Wright

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(708) 612-2782 mobile
Marcus Lambert

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(708) 897-6925 mobile

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Schools

Schools serving 14121 S Stewart Ave

School Districts:Dolton School District 148, Thornton Township High School District 205

Name	Grades	Distance
Riverdale School 325 West 142nd Street, Riverdale, IL 60827	K-4	0.1 mi
Washington Elementary School, Riverdale, IL 13900 South School Street, Riverdale, IL 60827	K-6	0.3 mi
Washington Junior High School, Riverdale, IL 13900 South School Street, Riverdale, IL 60827	7-8	0.3 mi
Thornton Township High School 15001 Broadway Avenue, Harvey, IL 60426	9-12	1.6 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 14121 S Stewart Ave Get Price Alerts and Save Property

Date

Details

Price

Change

Source

11/14/2025

Price Reduced

$1,499,000

-4.83%

MLS

10/02/2025

Listed

$1,575,000

350%

MLS

4/11/2024

Sold

$350,000

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 14121 S Stewart Ave

Year

Property Taxes

Change

Tax Assessment

Change

2023

$10,644

-49%

$13,811

-37%

2022

$20,975

$21,751

—

2021

$20,492

$21,751

—

2020

$19,502

30%

$21,751

37%

2019

$14,972

$15,879

—

2018

$14,333

$15,879

—

2017

$13,690

11%

$15,879

2016

$12,308

$15,272

—

2015

$12,031

$15,272

—

2014

$11,856

41%

$15,272

31%

2013

$8,384

-10%

$11,665

-14%

2012

$9,334

—

$13,613

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 14121 S Stewart Ave

14121 S Stewart Avenue, Riverdale, IL 60827 (MLS# 12484988) is a Commercial property. 14121 S Stewart Avenue is currently listed for $1,499,000 and was received on October 02, 2025. This property is listed by Mark Wright from our Southwest Office.Want to learn more about 14121 S Stewart Avenue? Do you have questions about finding other Commercial real estate for sale in Riverdale? You can browse all Riverdale real estate or contact a Coldwell Banker agent to request more information.

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14121 S Stewart Ave Riverdale, IL 60827