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$249,900 Just Listed

  • For Sale
  • Active
  • Commercial
  • Updated 1 day ago
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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.

Full Property Details for 14132 S School St

General

  • Price: $249,900
  • Taxes: $12,778 (2023)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12584727
  • Updated: 3/16/2026
  • Added to Site: 7 day(s) ago

Location

  • Area: Riverdale
  • County: Cook
  • Township: Thornton
  • Driving Directions: From Halsted Street, head east on 142nd Street, then turn right (south) on School Street to the building

Heating & Cooling

  • Heating Type: Forced Air, Gas, Separate per Unit

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Foundation: Concrete Perimeter
  • Roof: Membrane
  • Stories/Levels: 2
  • Current Bldg. Use: Multi-Family
  • Year Built: 1963
  • Built Before 1978: Yes

Unit Information

  • Units w/Refrigerators: 9
  • Units w/Range/Oven: 9

Lot Features

  • Lot Dimensions: 27 x 125
  • Zoning: MULTI

Financial Considerations

  • Assessment Year: 1963
  • Tax Amount: $12,778
  • Tax Year: 2023
  • Tenant Pays: Electricity, Heat

Disclosures and Reports

  • Property ID: 29041140410000

Listed by Keller Williams Preferred Rlty

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— 14132 S School St —

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 14132 S School St

School Districts:Dolton School District 148, Thornton Township High School District 205
NameGradesDistance
Riverdale School
325 West 142nd Street, Riverdale, IL 60827
K-40.1 mi
Washington Elementary School, Riverdale, IL
13900 South School Street, Riverdale, IL 60827
K-60.3 mi
Washington Junior High School, Riverdale, IL
13900 South School Street, Riverdale, IL 60827
7-80.3 mi
Thornton Township High School
15001 Broadway Avenue, Harvey, IL 60426
9-121.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 14132 S School St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/11/2026
Listed
$249,900
-26.07%
MLS
11/30/2006
Sold
$338,000
—
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 for 14132 S School St

Year
Property Taxes
Change
Tax Assessment
Change
2023
$12,778
-6%
$16,580
18%
2022
$13,586
2%
$14,089
—
2021
$13,273
-20%
$14,089
-24%
2020
$16,600
61%
$18,514
69%
2019
$10,315
256%
$10,940
241%
2018
$2,896
5%
$3,209
—
2017
$2,767
-82%
$3,209
-83%
2016
$15,340
2%
$19,034
—
2015
$14,994
302%
$19,034
296%
2014
$3,731
-73%
$4,806
-75%
2013
$13,681
5%
$19,034
—
2012
$13,051
—
$19,034
—
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.

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14132 S School Street, Riverdale, IL 60827 (MLS# 12584727) is a Commercial property. 14132 S School Street is currently listed for $249,900 and was received on March 11, 2026. Want to learn more about 14132 S School Street? 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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