O'Neil Property Group
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$429,000
264 Days On Site

21616 Peterson Avenue
Sauk Village, IL 60411

For Sale|Multi Family|Active
4
Beds
4
Total Baths
1977
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Compass
21616 Peterson Avenue21616 Peterson Avenue21616 Peterson Avenue21616 Peterson Avenue
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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.

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Listing Snapshot
Price 
$429,000
Days On Site 
264 Days
Bedrooms 
4
Inside Area (SqFt) 
N/A
Total Baths 
4
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1977
MLS® Number 
12541118
Status 
Active
Property Tax 
$3,482
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
6 months agoStatus changed to Active
6 months agoPrice changed to $429,000
9 months agoListing first seen on site
General Features
Parking Spaces 
2
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Water Source 
Public
Interior Features
Basement 
None
Heating 
Natural GasForced Air
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Exterior Features
Construction Details 
Vinyl SidingBrick
Community Features
MLS Area 
Sauk Village
School District 
206
Township 
Bloom
Schools
School District
206
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing Courtesy of MRED as distributed by MLS Grid of Compass



Based on information submitted to the MLS GRID as of 2026-09-27 07:59 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-09-27 07:59 AM UTC
MRED DMCA Copyright Information Copyright © 2026 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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