Riverdale, IL Real Estate News

By Nick Libert
(Exit Realty--I'd love to service your Chicagoland referrals)
14100 S Indiana Ave Riverdale, IL Click For Listing Website Click For Interactive e-Tour HIGH TRAFFIC LOCATION! Recently COMPLETELY rehabbed building with business operating as a fast food restaurant with drive thru window. Total of 9000 sq ft including 16 parking space, TURN KEY operation! Seating Capacity of 30. This is a profitable business! Menu currently includes gyros, sandwiches and other fast food. Business for sale to include equipment and for lease for $3000/mo. MLS# 07387139 $50,000 Bed, 2 Bath 14100 S Indiana AveRiverdale IL, 60827 Nick Libert/ Ryan Lee Team EXIT STRATEGY REALTY 773-980-9339 nick@nicklibert.com
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By Alexander Harb, Dallas, Texas Real Estate Investing
(Knights Investing)
    View Village of Riverdale in a larger map     Hello there! this is the Chicago, IL. area market report for the village of Riverdale, IL.  (zip code 60827)     Although Riverdale is a relatively small town, don't be fooled by it's size. This town is based on strong core values, hard-work, and a intense commitment to serving the community. These ethics make Riverdale a fantastic place to live and work.       HOLIDAY TOY AND COAT DRIVE The Village of Riverdale is accepting donations for Riverdale's Toy and Coat Drive. Help keep another family warm and cozy this year by donating a new or gently used coat to the cause. You can put a smile on a young child's face also, by donating an unwrapped new toy for deserving Riverdale young people. Donations will be accepted up to Friday, December ...
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By Diane Rice, SFR, SRES, CNC
( Rice Prprty Mgmnt & Rlty, LLC, South Holland, IL)
Police Chief, Hollis Dorrough Jr.  addresses landlords at June 2009 meeting while Joe Hodges, Landlord President (left) looks on. NOTICE TO ALL BUSINESS OWNERS OF RIVERDALE ILLINOIS PROPERTY Thursday, September 17, 2009 at 5:30PM, the Riverdale Chamber of Commerce & The Riverdale Landlords' Association will have a joint meeting at the Riverdale Village Hall at 157 West 144Th Street in Riverdale, Illinois.  Refreshments will be served.  The village inspections of business & multi-family dwellings will be on the agenda.  For further information, contact Chamber Secretary, Adelle Swanson at Phone: 708-841-3311 or Email: rdpl2@earthlink.net   Landlords listen attentively at one of the meetings which are held every third Thursday of each month.  
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By Diane Rice, SFR, SRES, CNC
( Rice Prprty Mgmnt & Rlty, LLC, South Holland, IL)
My husband and i started our business 13 years ago using a $5.00 bicycle he bought me from a local Goodwill store.  He would not allow me to drive his car, for it came with a special formula that only worked for him........  He'd have to pray for a designated amount of minutes, pound on the steering column for a few measured seconds, perform seven & 1/2 "Fred Flintstone-open-door-foot-action strokes", and finally the car would remember it was supposed to function and take off!  It only responded to him! Everyone would know when we were arriving from hearing the distinctive piercing squeal originating from something defective in the under body.  Of course all would know if the Rice's had been there from the red stained transmission fluid in evidence left behind on driveways and parking l...
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By Diane Rice, SFR, SRES, CNC
( Rice Prprty Mgmnt & Rlty, LLC, South Holland, IL)
Yesterday, we sought a place to meet in an area where we were viewing new property. Our clients were not familiar with the area, so we selected The Riverdale Marina, the place where the Riverdale Chamber of Commerce hosts most of their membership meetings. This was our first meeting with three new clients who each had separate needs for property management and listing services. I had only spoken on the phone just one day prior to the appointed time. They drove together in one vehicle from a distance of an hour away. My husband volunteered to accompany me, as we had to view different sites, recover signage and perform other various Property Management duties. The temperatures outside were minus 2 degrees Fahrenheit with a wind chill factor of minus eighteen! Brrrrrr!With the three gentle...
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By Diane Rice, SFR, SRES, CNC
( Rice Prprty Mgmnt & Rlty, LLC, South Holland, IL)
Owners of property located in Riverdale Illinois attended the first mandatory training class required for the Crime Free Multi-Housing Program adopted by the Village of Riverdale earlier this year.  The training, held at Park School, October 6, 2007, was filled with approximately 100 owners who traveled from various locations to learn strategies taught by Officers of the Riverdale Police Department, headed by Community Support Officer, James Beatty.  The Crime Free Housing program was developed in 1992 by the Mesa, Arizona Police Department. Over 1700 communities in 44 states and 4 Canadian provinces have been trained in CFH. The information contained in the seminar is a compilation of experience and proven methods from professional rental property managers, lawyers, and police officers...
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By Diane Rice, SFR, SRES, CNC
( Rice Prprty Mgmnt & Rlty, LLC, South Holland, IL)
The Village of Riverdale, in Illinois, is having  "A Packin Da Park" for 2 straight days!  All are welcome to come!  There will be games, food, fun, prizes, and eats for all ages!  Children aged 10 to 18 are welcome to come showcase their talents!  Parents.... come out to support what the Riverdale "Quality of Life Committee" is promoting amongst Riverdale's youth!"JoJo" the DJ will provide the music, and  helping in Hosting the event is "Darrell". The Village Riverdale has more than one park.  This event will take place at 2 of them: Friday, July 27. 2007 from 2:00 PM until 6:00 PM at the Riverdale Park:  151 W. 137th Street, &Saturday, July 28, 2007 from 2:00 PM until 6:00 PM at the Ivanhoe Park: 144th & StewartSee ya there!  
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By Diane Rice, SFR, SRES, CNC
( Rice Prprty Mgmnt & Rlty, LLC, South Holland, IL)
The City of Riverdale in Illinois hosted the GUS MACKER 3 on 3 BasketBall Tournament on Saturday, June 30, and Sunday, July 1, 2007.  It was a huge success with over 115 teams particating.I was asked to work on the registering table, which i did, and WOW did i enjoy!  The players were from Michigan, Illinois, Indiana, and other States, and ranged in age from 9 to 49.  Males and females competed for the prizes.  An awesome time was had by all.  Riverdale will host the tournament again in 2008!Here are a few pictures from the event:     
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By Diane Rice, SFR, SRES, CNC
( Rice Prprty Mgmnt & Rlty, LLC, South Holland, IL)
The Village of Riverdale will conduct its first Landlord & Tenant Special Community Meeting:Wednesday, March 21, 2007 at 6:30 P.M.This special meeting will be held at:The Ivanhoe Park District Community Center - 14401 S. Stewart Avenue, Riverdale, IllinoisTOPICS WILL INCLUDE:Crime PreventionSafety Quality of life issuesALL LANDLORDS AND TENANTS ARE ENCOURAGED TO ATTEND (For more information call 708-841-2109)                                    
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By Diane Rice, SFR, SRES, CNC
( Rice Prprty Mgmnt & Rlty, LLC, South Holland, IL)
Market Statistics Criteria for Detached single family homes and attached single condominiums and townhomes.Status: Active, Back on Market, Contingent, New, Price Change, Re-activated, Pending, Closed, Expired   Area: Riverdale, Illinois   Property Type: Detached Single, Attached Single   Months Back: Three Months   Active Listings Detached SingleBedroomsNumber ActiveAverage List PriceAverage Marketing Time All94$119,5821282 or Less32$100,675146348$120,71811149$149,4561145 or More5$175,900209Attached SingleBedrooms# ActiveAvg. LPAvg. MTAll25$68,6441312 or Less9$59,167166310$78,21012346$66,91792Off-Market Listings Detached SingleBedrooms# Sold% SoldAvg LP (Sold)Avg SPSP:LP RatioAvg MT (Sold)Avg LP (Unsold)% ExpdAll1734%$105,593$104,44199%97$115,20646%2 or Less524%$71,636$68,98096%74$95,80...
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