21616 Peterson Avenue, Sauk Village, IL 60411
Cook County
Key Facts
Description
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.
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Year Built
1977
Lot Dimensions
4180
Parking Spaces
2
Ownership
Fee Simple
Days on Market
152
MLS® Listing#
12541118
Property Features
Heating
Basement
Construction
Sewer
Water Source
Financial Details
Annual Taxes
$3,257
Tax year 2024
Parcel Number
32251090940000
Directions
Sauk Trail East to Jeffrey left to 217th left to Peterson right
Affordability Calculator
$85,800
Estimated monthly payment
$2,283/mo
Principal $343,200 · Est. interest $478,795 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Sauk Village, IL
- $306,667
- Median Listing Price
- 22
- Median Days on Market
- 1,400
- Median Sq Ft
- $207
- Median Price / Sq Ft
- 70
- Active Listings
- This home’s price is 40% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Sauk Village, IL.
Location
Getting Around
Points of Interest in Sauk Village, IL
Showing the Sauk Village area map.
Nearby Schools
Wagoner Elementary School
Elementary · 0.3 mi away
The Children's Learning Schools
School · 0.9 mi away
Strassburg Elementary School
Elementary · 1.0 mi away
Tidye A Phillips Elementary School
Elementary · 1.0 mi away
Community Consolidated Schools District 168
School · 1.0 mi away
Saint Mark's Lutheran Church
School · 1.1 mi away
Rickover Junior High School
Secondary · 1.1 mi away
Bloom Trail High School
Secondary · 1.2 mi away
Cottage Grove Upper Grade Center
Secondary · 1.2 mi away
Learn AS You Grow
School · 1.2 mi away
Ford Heights School District
School · 1.4 mi away
Medgar Evers Primary Academic Center
Elementary · 1.4 mi away
Sandridge Elementary School
Elementary · 2.3 mi away
Lincoln Elementary School
Elementary · 2.8 mi away
Garfield Elementary School
Elementary · 2.8 mi away
Jefferson Elementary School
Elementary · 3.1 mi away
Steger Intermediate Center
Elementary · 3.1 mi away
Eastview Elementary School
Elementary · 3.1 mi away
Kahler Middle School
Secondary · 3.3 mi away
Cogers Educational Institute
School · 3.3 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 816 Delphia Avenue, Elk Grove Village, IL | $364,900 | 4 | 2 | 1,409 |
| 670 Versailles Circle D, Elk Grove Village, IL | $369,950 | 3 | 3 | 1,682 |
| 521 Edgewood Lane, Elk Grove Village, IL | $389,000 | 3 | 2 | 1,658 |
| 1827 Pebble Beach Circle, Elk Grove Village, IL | $395,000 | 3 | 3 | 1,478 |
| 260 Pleasant Drive, Elk Grove Village, IL | $399,900 | 3 | 2 | — |
| 508 Landmeier Road, Elk Grove Village, IL | $399,900 | 3 | 2 | 1,478 |
Moving Cost Estimate
EXIT Agents in Sauk Village
Listing Courtesy: Compass - 3123191168
Last Updated: 2026-01-05
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