Haley Scogland
REALTOR®
Description
Exceptional opportunity to acquire a wonderfully configured 7-unit mixed-use flexicore brick property located in the heart of downtown Riverdale, just steps from City Hall, the Metra Train station, and the Central Business District. Positioned within a highly walkable community surrounded by residential housing, this property offers strong visibility and long-term investment potential. The commercial component consists of two combined main-level storefronts currently operating as a thriving full-service restaurant with a strong local following. The space features a full commercial kitchen, multiple workstations, and seating capacity for approximately 150 guests. The residential portion includes five spacious apartments comprised of two 2-bedroom/1-bath units and three 1-bedroom/1-bath units. Several apartments feature private balconies. Owner provides heat, while tenants pay electric, including central air. Strong mixed-use income potential in a prime location with excellent foot traffic and commuter accessibility. Serious inquiries only. Proof of substantial (1/4) liquidity required prior to scheduling showings.
Property Highlights
Property Type: Commercial - Business
Building Description: 2.0 stories
Year Built: 1966
General Information
County: Cook
Listed By:
Keller Williams Preferred Rlty
708-798-1111
MRED MLS
MLS ID: 12658507
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201 W 144th Street , Riverdale, IL 60827.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $350,000 | $350,000 | $350,000 |
| Down Payment | $70,000 | $12,250 | $87,500 |
| Monthly Mortgage Amount | $1,701 | $2,116 | $2,162 |
| Taxes | $487 | $487 | $487 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $154 | $0 |
| Monthly Estimated Total | $2,290 | $2,859 | $2,751 |
About this area
Find houses for sale in Riverdale, Iowa and learn about the local community and real estate market.
Nestled on the banks of the Mississippi River, Riverdale is a small town that was incorporated in 1950. With only around 350 residents, it’s a tranquil, tight-knit place to call home. For those who work in nearby Davenport, it’s a lovely place to come home to at the end of the day. Most of its streets are residential and lined with mature trees. At the northern end of town sits Scott Community College, while a manufacturing company swallows up a good portion of the land near the river. Owning a piece of Riverdale real estate means always having two coveted things: quiet and convenience.
One of the biggest benefits of living in Riverdale is its easy access to parks and preserves. Veteran’s Memorial Park, with its creek, bandshell, and ponds, is located in the adjacent town of Bettendorf. Pigeon Creek Park is a prime spot for enjoying calm moments by the river. And Smith’s Island Nature Trail is a verdant paradise in the summer months when the foliage is at its lushest.
It’s easy to be enchanted by the homes for sale in Riverdale, as most boast excellent curb appeal, well-maintained interiors, and ample yards with shady trees and healthy grass. There are options in a range of price points, too, making it likely you’ll find something you love within your budget.
Get connected with a local real estate expert for up-to-date real estate market trends, nearby school profiles, community demographic information, and more.
No matter the reason for moving, Ruhl&Ruhl Realtors has plenty of real estate options and homes for sale in Riverdale, IA for you to choose from. Continue browsing this page to see all houses for sale in Riverdale, IA and if you need to do a little more research before buying, check out the pages below.
Nearest Ruhl&Ruhl Office
1228 Middle Road
Bettendorf, IA 52722
Phone Number: (563) 441-1776
Haley Scogland
Cell: (563) 343-9233
Email Me
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