21616 Peterson Avenue, Sauk Village, Illinois 60411


$429,000

For Sale
Status: Active
Sqft: 0
Cost/Sqft: —
Beds: 4
Baths: 0
Year Built: 1977
Property Taxes: $3,482
Days On Market: 308
Lot Size: 0,00

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.

Property Specifics

Multi-unit
—
—
1977
2025
None
Vinyl Siding, Brick
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—
No
—
Cook
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— / —
—
Public
Public Sewer
—
Natural Gas, Forced Air
12541118
32251090940000

Property History

DATE: EVENT: PRICE: SOURCE:
25 Jul, 2025 Sold $85,000 MRED MLS
13 Jun, 2025 Under contract $110,000 MRED MLS
3 Jun, 2025 Listed for sale $110,000 MRED MLS
— Last price change $439,000 MRED MLS
5 Jan, 2026 Listed for sale $439,000 MRED MLS

Some photos of this home have been virtually staged.


Room Specifics

All Bedroom Info:
Total Bedrooms: 4
Bedrooms Above Ground: 4
Bedrooms Below Ground: 0
Bathroom Info:
Full Bathrooms: 4
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: 0
Additional Rooms Info:
Rooms: —
Basement: None

Other Specifics

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—
—
—
—
—
—
—
4180
—
—
—
—
Not in DB
—
—
—

Tax History

Year Property Taxes
2025 $3,157
— $3,482

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