x
Showing 1 of 0
X
Save

9231-9235 W Irving Park Road
Schiller Park IL 60176 US

$2,100,000

Active Listing ID 12490184
bed icon
18 bed
bath icon
12.00 Bath (12 Full)
home icon
Other

$2,100,000

Active Listing ID 12490184
Save

9231-9235 W Irving Park Road Rarely available, this well-maintained 12-unit apartment building offers the ideal combination of stable income, desirable tenant mix, and multiple revenue streams. The property consists of a balanced selection of one- and two-bedroom apartments across two adjoining buildings, ensuring consistent rental demand and long-term tenant stability. In addition to strong rental income, ownership is enhanced by twenty parking spaces and on-site laundry facilities, both generating extra revenue. With a current annual gross income of $207, 156 and a NOI of $155, 283, the building produces a solid 7.4 cap rate at the $2.1M asking price. This makes it not only a strong stand-alone investment but also an excellent candidate for a 1031 exchange. The property benefits from a highly accessible suburban location with close proximity to O'Hare International Airport, I-294, and I-90. Tenants enjoy the convenience of being near retail centers, restaurants, schools, and public transportation, while directly across the street is a community park offering green space, sports fields, and recreational amenities. This attractive setting further supports tenant retention and strong rental demand. With low operating expenses relative to income and the potential for professional management, this is a turnkey investment opportunity that offers immediate cash flow, steady returns, and room for future rent growth in a desirable, commuter-friendly location.

Collapse all

Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 12
  • Roof Type: Composition

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 2100000
  • unparsedaddress: 9231-9235 W Irving Park Road
  • postalcity: Schiller Park
  • stateorprovince: IL
  • country: US
  • postalcode: 60176
  • bathroomsfull: 12
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 41.953487
  • longitude: -87.858238
  • listagentfullname: Stephen Costa
  • listagentemail: stephen.costa@aregmail.com
  • listagentkey: 3yd-MREDIL-84900
  • listagentmlsid: 84900
  • listagentpreferredphone: (847) 763-6464
  • listagentofficephone: 8476061232
  • listofficekey: 3yd-MREDIL-8405
  • listofficemlsid: 8405
  • disclaimer: Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • yearbuilt: 1973
  • listingcontractdate: 2025-10-07
  • countyorparish: Cook
  • parcelnumber: 12153260060000
  • constructionmaterials: Brick
  • numberofunitstotal: 12
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • roof: Composition
  • waterfrontyn: False
  • franchiseaffiliation: Weichert
  • rooms: Bathroom 3, Bedroom 16, Bedroom 18, Bedroom 7, Bathroom 12, Bedroom 6, Bathroom 2, Bathroom 9, Bedroom 4, Bedroom 17, Bedroom 5, Bedroom 11, Bathroom 1, Bedroom 15, Bedroom 3, Bathroom 7, Bathroom 11, Bathroom 10, Bedroom 2, Bathroom 8, Bedroom 10, Bathroom 4, Bedroom 1, Bedroom 9, Bedroom 12, Bedroom 13, Bathroom 5, Bedroom 8, Bedroom 14, Bathroom 6
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -87.85824, 41.953487
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Weichert Realtors Ambassador", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"stephen.costa@aregmail.com", "ListBrokerageCity":"Niles", "ListBrokerageCountry":"US", "ListBrokerageEmail":"stephen.costa@aregmail.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Weichert Realtors Ambassador", "ListBrokeragePhone":"(847) 763-6464", "ListBrokeragePostalCode":"60714", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"7332 N Milwaukee Ave", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"7332 N Milwaukee Ave. ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"8405", "ListOfficeCity":"Niles", "ListOfficeCountry":"USA", "ListOfficeEmail":"stephen.costa@aregmail.com", "ListOfficePostalCode":"60714", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Schiller Park, IL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/9235-Irving-Park-Rd_Schiller-Park_IL_60176_M73397-24285?f=listhub&s=MREDIL&m=12490184&c=rexren", "MLSModificationTimestamp":"2026-01-13 18:32:02", "Neighborhoods":[{"Description":null, "Name":"Schiller Park"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":29786, "TaxDescription":null, "TaxYear":"2023"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 1/13/2026 6:39:05 PM GMT
Source Updated Date: 1/15/2026 6:46:38 PM GMT

Courtesy of: Stephen Costa, Weichert Realtors Ambassador, stephen.costa@aregmail.com

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.