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21616 Peterson Ave, Sauk Village, IL, 60411

4beds
4baths
--sqft
$429,000
--price/sqft
$3,311/moest. monthly cost
$132,440/yrincome needed

About This Home

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.

Getting Around

22
WalkingCar-Dependent
0
TransitVery Limited Transit
35
BikeSomewhat Bikeable

Schools

--
Wagoner Elementary SchoolGrades PK-20.4 mi
2/10
Rickover Jr High SchoolGrades 6-81.2 mi
5/10
Bloom Trail High SchoolGrades 9-121.2 mi

Construction

Condition

  • Year built: 1977

Materials

  • Construction materials: Vinyl Siding,Brick

Notable Dates

  • Major remodel year: 2025

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 4

Heating

  • Heating features: Natural Gas,Forced Air

Property

Details

  • Parcel number: 32251090940000
  • Special condition: None

Lot

  • Lot size: 4,180 sqft

Parking

  • Total spaces: 2
  • Parking features: Yes