$650,000

Multi Family In Chicago Ridge

  • 8 Hab.
  • 5 Baños
  • 9,584 Sqft lot
  • Actualizado: Agosto 13
  • Fuente:
    Midwest Real Estate Data (MRED)  MLS#12730083

Sobre la propiedad

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MULTIPLE OFFERS RECEIVED. SELLERS HAVE REQUESTED A HIGHEST AND BEST DEADLINE OF SATURDAY 5PM. RARE TURNKEY 4-FLAT INVESTMENT OPPORTUNITY IN CHICAGO RIDGE! Incredible turn-key multi-family property offered at $650,000, presenting a high-yielding opportunity for investors or owner-occupants. All units in this property will be delivered VACANT at closing, providing a rare, clean-slate advantage to im
MULTIPLE OFFERS RECEIVED. SELLERS HAVE REQUESTED A HIGHEST AND BEST DEADLINE OF SATURDAY 5PM. RARE TURNKEY 4-FLAT INVESTMENT OPPORTUNITY IN CHICAGO RIDGE! Incredible turn-key multi-family property offered at $650,000, presenting a high-yielding opportunity for investors or owner-occupants. All units in this property will be delivered VACANT at closing, providing a rare, clean-slate advantage to immediately lease all four units at current top-of-market rents. This building offers strong, predictable cash flow in a low-vacancy Southwest Cook County submarket. Unmatched Value-Add & Space Potential: Beyond the standard 4-unit setup, the property features a spacious, full ~2,000 sq. ft. basement complete with a laundry room, an existing, functional bathroom, and dedicated tenant storage units. Immediate Income Boost: Monetize the storage lockers or install coin/app-operated laundry to unlock secondary revenue. Amenity Conversion: Transform the open floor plan into a tenant fitness center, private storage hub, or lounge space to command top-tier rental premiums across all units. Expansion Upside: Explore the potential for a 5th unit / Accessory Dwelling Unit (ADU) conversion (buyer to verify local zoning and municipal requirements). Exceptionally maintained, low hassle, and strong market positioning. Centrally located near local schools, Chicago Ridge Mall, major retail corridors, and Metra/highway access. Properties of this size and vacancy status rarely come to market at this price point!
  • Tipo de propiedad

    Otros

  • Año de construcción

    1971

Características

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7139 99th Street, Chicago Ridge, Illinois, Estados Unidos Ver en Google Maps
Precio por sqft
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Village Realty, Inc. - Frankfort

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Village Realty, Inc. - Frankfort
Illinois, United States
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30
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2025
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Village Realty, Inc. - Frankfort
Frankfort, Illinois, United States
Ver perfil de la agencia
Última actualización
Agosto 13
Primera publicación
Aug 12
Referencia del anuncio
12730083
Estado del anuncio
Active under contract
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