Sold
Last Sold Price
50 Lincoln Ave, Riverside, IL 60546
Multi FamilyProperty Type
0.23 acresLot Size
1923Year Built
8 carsParking Spaces

Description

Desirable in town historic riverside location! Long time owner selling this vintage 5 unit. All units 1 br with original hardwood floors throughout. Newer tear off roof;new $17,900+ boiler,on site laundry and off street parking for 8 + cars. Walk to train, restaurants, shops local.Desirable in town historic riverside location! Long time owner selling this vintage 5 unit. All units 1 br with original hardwood floors throughout. Newer tear off roof;new $17,900+ boiler,on site laundry and off street parking for 8 + cars. Walk to train, restaurants, shops local.

    Sold By Skydan Real Estate Sales, LLC

    • Listed by: James Stillo 708.334.9001 stillo@skydangroup.com • Skydan Real Estate Sales, LLC
    Listing closed: 06/24/2021 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 11054219

    Recent comparable sales

    Median sold price

    $540,000

    Avg days on market

    22

    Sale-to-list ratio

    96.5%

    Riverside, IL

    9 comparable properties found

    $430,000 | 59 East Quincy Street, Riverside, IL 60546
    1/46
    1

    $430,000

    Sold 05/16/25

    5
    Bedrooms
    2,487
    Square Feet
    0.11
    Acres
    $540,000 | 192 Waubansee Road, Riverside, IL 60546
    1/31
    2

    $540,000

    Sold 08/27/26

    5
    Bedrooms
    1,618
    Square Feet
    0.22
    Acres
    a front view of a house with a garden and plants
    1/46
    3

    $555,000

    Sold 12/05/25

    5
    Bedrooms
    2,072
    Square Feet
    0.20
    Acres
    4

    $465,000

    Sold 03/10/26

    4
    Bedrooms
    2,109
    Square Feet
    0.44
    Acres
    5

    $500,000

    Sold 06/15/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.55
    Acres
    6

    $373,000

    Sold 07/02/25

    4
    Bedrooms
    1,894
    Square Feet
    0.04
    Acres
    $555,000 | 317 Blackhawk Road, Riverside, IL 60546
    1/3
    7

    $555,000

    Sold 07/15/25

    4
    Bedrooms
    2,118
    Square Feet
    Unavailable
    Acres
    $550,000 | 731 Selborne Road, Riverside, IL 60546
    1/37
    8

    $550,000

    Sold 07/27/26

    4
    Bedrooms
    1,702
    Square Feet
    0.16
    Acres
    $645,000 | 8 West Avenue, Riverside, IL 60546
    1/30
    9

    $645,000

    Sold 06/12/25

    5
    Bedrooms
    Unavailable
    Square Feet
    Unavailable
    Acres

    Location

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    30 year fixed, 6.71% Interest

    Principal and Interest

    $2,455

    Property Taxes

    $1,134

    HOA Dues

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    Property Information for 50 Lincoln Avenue

    Property Details
    • Taxes: $13,611 / year
    • MLS Type: Multi Family 5+ / Multi Family 5+-Other
    • County: Cook County
    • Area: Riverside
    • Township: Riverside
    • Zoning: MULTI
    Building Information
    • Stories: 2
    • Residences: 5
    • Year Built: 1923
    • Lot Size: 0.23 AC / 10,000 SF
    General Information
    Addtl Parking Information
    • Outdoor Parking: 6-12 Spaces
    Location and General Information
    • Information: 48-Hr Notice Required
    Taxes and HOA Information
    • Additional Parcels: No
    Property Information
    Interior Features
    • # Of Washers: 1
    • Heat/Ventilation: Central Bldg Heat,Gas,Radiators,Steam
    • # Of Refrigerators: 5
    • Misc Inside: Storage Inside,Laundry Room
    • # Of Dryers: 1
    • Num of Baths: 0.0
    Property/Lot Information
    • Tenant Pays: Electricity
    • Built Before 1978: Yes
    • Approximate Age: Older
    • Multi-Family Type: Other
    • Lot Dimensions: 10000
    • Stories: 2
    • Exterior Building Type: Brick
    • Construction: Brick
    • Roof Structure: Hip
    • Foundation Details: Concrete Perimeter
    • # Of Ranges: 5
    Property and Assessments
    • Public Document Count: 0
    • Photos Count: 11
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No
    Multi Family
    Multi-Family Information
    • Number Of Units Total: 5
    Income & Expenses
    • Electric Expense: $700.00
    • Fuel Expense: $3,500.00
    • Gross Income: $56,775.00
    • Gross Scheduled Income: $56,775.00
    • Insurance Expense: $2,100.00
    • Maintenance Expense: $.00
    • Manager Expense: $.00
    • Electric Expense Source: Actual
    • Expense Year: 2020
    • Fuel Expense Source: Actual
    • Insurance Expense Source: Actual
    • Janitor Expense: 0
    • Net Operating Income Year: 2020
    • Trash Expense Source: Actual
    • Total Monthly Income: 4731
    • Water Expense Source: Actual
    • Net Operating Income: $33,264.00
    • Operating Expense: $23,511.00
    • Other Expense: $.00
    • Trash Expense: $1,500.00
    • Water Sewer Expense: $2,100.00
    Unit 1
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 1
    • Unit Type Type: Unit 1
    • Unit Type Units Total: 5
    • # Of Rooms - Unit 1: 4
    • # Of Full Bthrms - Type 1: 1
    • Monthly Income - 1: 800
    Unit 2
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 2
    • Unit Type Units Total: 0
    • # Of Rooms - Unit 2: 0
    • Monthly Income - 2: 0
    Unit 3
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 3
    • Unit Type Units Total: 0
    • # Of Rooms - Unit 3: 0
    • Monthly Income - 3: 0
    Unit 4
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 4
    • Unit Type Units Total: 0
    • # Of Rooms - Unit 4: 0
    • Monthly Income - 4: 0
    Unit 5
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 5
    • Unit Type Units Total: 0
    • # Of Rooms - Unit 5: 0
    • Monthly Income - 5: 0
    Unit 6
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 6
    • Unit Type Units Total: 0
    • Monthly Income - 6: 0
    Unit 7
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 7
    • Unit Type Units Total: 0
    • # Of Rooms - Unit 7: 0
    • Monthly Income - 7: 0

    Property History for 50 Lincoln Avenue

    DateEvent & SourcePriceAppreciation
    Jun 24, 2021

    Sold

    MRED #11054219

    $475,000
    Jun 22, 2021

    Sold (Public Record)

    Public Record #1465963289

    $475,000
    Apr 19, 2021

    Pending

    MRED #11054219

    DateEvent & SourcePrice
    06/24/2021

    Sold

    MRED #11054219

    $475,000
    06/22/2021

    Sold (Public Record)

    Public Record #1465963289

    $475,000
    04/19/2021

    Pending

    MRED #11054219

    For completeness, we often displays two records for one sale: the MLS record and the public record.

    Public Records for 50 Lincoln Avenue

    Taxable ValueLand$10,250Additions$48,750Total$59,000
    Tax Record2023$18,875 ($1,573 / month)
    Home Facts
    Baths5Total Finished SqFt4,125 SqFtAbove Grade Finished SqFt4,125 SqFtStories2Lot Size10,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1923CountyCOOKAPN15-35-204-032

    Schools near 50 Lincoln Avenue

    This home is within Riverside-Brookfield Twp School District 208.
    Rating
    School
    Type
    Grades
    Distance
    Public - PK to 5
    Public - 6 to 8
    Public - 9 to 12
    Private - 3 to 11
    Rating
    School
    Distance
    Central Elementary School
    PublicPK to 5

    L J Hauser Jr High School
    Public6 to 8

    Riverside Brookfield Twp High School
    Public9 to 12

    Tailgrass Sudbury School
    Private3 to 11

    School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

    Neighborhood Map and Transit

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    Nearby home values

    AddressSold priceBedsBathsSqftLot (Sqft)
    This home: 50 Lincoln Avenue, Riverside, IL 60546
    $475,000
    5
    10,000
    $525,000
    4.5
    3,900
    7,560
    $460,000
    7
    6,000
    $200,000
    2
    $200,000
    3
    1.5
    1,557
    4,056
    2
    1,480

    No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

    Listing Courtesy of Skydan Real Estate Sales, LLC

    Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 06/24/2021 04:07 PM. 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.