21616 Peterson Avenue, Sauk Village, IL

$429,000

Overview

  • 846861
  • Property ID
  • Updated On:
  • June 4, 2026
  • 4
  • Bedrooms
  • 4
  • Bathrooms

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.

Bathrooms
3+
Bedrooms
4
Climate Control
Heating
Garden
Yes
Other Features
Brick
Forced Air
Natural Gas
Public
Public Sewer
Vinyl Siding

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$2,199.57
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 1,663.32

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Information for the property at 21616 Peterson Avenue, Sauk Village, IL, 60411 (Property ID: 846861) is deemed reliable but not guaranteed. Property details, pricing, and availability are subject to change without notice. Buyers should independently verify all information before making any real estate decisions.

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Sunita Kakarlapudi