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$230,000
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Property 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.
Full Property Details
Full Property Details for 14132 S School St
General
- Sold For: $230,000
- Taxes: $25,555 (2023)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12584727
- Added to Site: 124 day(s) ago
Location
- Area: Riverdale
- County: Cook
- 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: $25,555.56
- Tax Year: 2023
- Tenant Pays: Electricity, Heat
Disclosures and Reports
- Property ID: 29041140410000
Listed and Sold by Keller Williams Preferred Rlty
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Schools
Schools serving 14132 S School St
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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 14132 S School St
Date
Details
Price
Change
Source
7/13/2026
Sold
$230,000
-7.96%
MLS
3/11/2026
Listed
$249,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
14132 S School Street, Riverdale, IL 60827 (MLS# 12584727) is a Commercial property that was sold at $230,000 on July 13, 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.

