Stunning Victorian landmark gut-rehabbed into a modern 5-unit income-producing property in the heart of historic Riverside, walking distance to downtown and the Metra station. Turnkey investment with five fully occupied units generating immediate cash flow. Fully updated electrical and plumbing systems to current code, central air in each unit, and new energy-efficient windows throughout. Interiors feature modern kitchens and baths with stainless steel appliances, quartz countertops, luxury vinyl plank flooring, and high ceilings. Amenities include a 2-car garage plus multiple rear parking spaces, dedicated parking and large storage room for each unit, and on-site commercial laundry in the basement. Rare high cap rate in a prime location. Landmark property - exterior changes subject to Riverside Preservation Committee approval. Zoning: R-3 Multi-Family Residential. Property sold AS-IS. Seller is a licensed real estate agent.

Riverside is located in Illinois. Riverside, Illinois has a population of 9,346. Riverside is more family-centric than the surrounding county with 34.77% of the households containing married families with children. The county average for households married with children is 29.73%.
The median household income in Riverside, Illinois is $128,808. The median household income for the surrounding county is $72,121 compared to the national median of $69,021. The median age of people living in Riverside is 44.2 years.
The average high temperature in July is 84.1 degrees, with an average low temperature in January of 19.6 degrees. The average rainfall is approximately 38.9 inches per year, with 34.4 inches of snow per year.