For Sale
Multi family home for sale at 21616 Peterson Ave, Sauk Village, IL 60411 | MLS# 12541118 | Listing updated on 2026-09-18
Photo 1 of Multi family home for sale at 21616 Peterson Ave, Sauk Village, IL 60411 | MLS# 12541118 | Listing updated on 2026-09-18
Photo 2 of Multi family home for sale at 21616 Peterson Ave, Sauk Village, IL 60411 | MLS# 12541118 | Listing updated on 2026-09-18
Photo 3 of Multi family home for sale at 21616 Peterson Ave, Sauk Village, IL 60411 | MLS# 12541118 | Listing updated on 2026-09-18
Photo 4 of Multi family home for sale at 21616 Peterson Ave, Sauk Village, IL 60411 | MLS# 12541118 | Listing updated on 2026-09-18
13+
Beds Icon

Street View

$429,000

Monthly Est:$2,135

  • Beds Icon4 Beds
  • Beds Icon
    4 Baths
  • Beds Icon--sqft

21616 Peterson Ave, Sauk Village, IL 60411

$2,135/moEst:

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  • Multi Family

  • Built in 1977

  • $-- HOA

  • -- sqft lot

  • --/sqft

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.

  • Houzeo last checked: 54 minutes ago
  • Listing updated: September 18, 2026 at 5:18 pm
  • Listing Provided by: Stephanie Poulakidas (312) 520-0020 | Compass (312) 319-1168
  • Source: MRED MLS-IL | MLS#: 12541118 MRED MLS-IL

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Cook County

  • City

    Sauk Village

  • Neighborhood

    --

  • Year Built

    1977

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    -- sqft lot

  • Basement Area

    - sqft

  • MLS Name

    MRED MLS

  • MLS Number

    12541118

  • MLS Status

    Active

  • Days on Market

    276

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 4

    Bathrooms: 4

Interior

  • Sewer

    Public Sewer

  • Heating

    Natural Gas, Forced Air

Construction

  • Year Built

    Year Built: 1977

  • Home type

    Multi Family

  • Construction Materials

    Vinyl Siding, Brick

Utilities & Energy

  • Parking Features

    Yes

  • Basement

    None

  • Water Source

    Public

Price History

DateEventPrice

03/16/2026

Source: mls_logoMRED MLS-IL #MRD12541118

Price Decreased

$429,000 -2.28%

$0/sqft

01/06/2026

Source: mls_logoMRED MLS-IL #MRD12541118

Listed for Sale

$439,000 +416.47%

$0/sqft

07/26/2025

Source: mls_logoMRED MLS-IL #MRD12382529

Sold

$85,000 -22.73%

$0/sqft

06/13/2025

Source: mls_logoMRED MLS-IL #MRD12382529

Contingent (Active Under Contract)

$110,000

$0/sqft

06/03/2025

Source: mls_logoMRED MLS-IL #MRD12368269

Listing Removed

$110,000

$0/sqft

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This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC through Oct 09, 2026, 12:00PM. Midwest Real Estate Data, LLC does not guarantee nor is it in any way responsible for its accuracy. Data maintained by Midwest Real Estate Data LLC may not reflect all real estate activity in the market.

Based on information submitted to the MLS GRID as of Oct 09, 2026, 12:00PM. All data is obtained from various sources and has not been, and will not be, 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. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Some IDX listings have been excluded from this website. Information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID, MRED or Houzeo. The use of the MLS GRID Data may be subject to an end user license agreement. Properties displayed may be listed or sold by various participants in the MLS,

Listings courtesy of MRED as distributed by MLS GRID. ©2026 Midwest Real Estate Data LLC. All Rights Reserved

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