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4 Beds
4 Baths

$429,000

21616 Peterson Avenue, Sauk Village IL, 60411

Built in1977
Property typeMulti-family
Listed by Stephanie Poulakidas with Compass 312-520-0020

Overview

Active

Listed Jan 5, 2026

Updated 3 weeks ago

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.

$2,854/mo

Est. mortgage payment based on a $429,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
12541118

Interior Features

Bedrooms
4
Bathrooms
4
Heating
Yes
Basement
No

Other Property Details

Taxes
$3,482
Tax Frequency
Annually
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Listed by Stephanie Poulakidas with Compass 312-520-0020

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than The Tamara OConnor Team are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

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Data is refreshed every 3 hours. Listing last updated 5:06 AM UTC on 9/19/2026. 

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