$ 650,000
-
$650,000
Price -
8
Bed -
5
Bath -
0
SqFt
NEW! Buy and sell safely with virtual options - Learn More
About the Listing 23641 - 266646,239955
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!
Listing Highlights
Interior Details
- Bedrooms: 8
- Bathrooms: 5 Full
- Appliances: CO Detectors,Ceiling Fan(s)
- Air Cond:
- Heating: Natural Gas,Steam,Baseboard
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Unfinished,Rec/Family Area,Storage Space,Full
- Other:
- Water: Lake Michigan
Exterior Details
- Lot Description: Corner Lot
- Garage Capacity: N/A
- Parking Spaces: 8
- Lot Dimensions: 9769
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Unassigned,Additional Parking,Parking Lot,Yes,Owned
Financial Details
- Tax Amount: $15,778
- Taxes w/Assessments: N/A
- Tax/Property ID: 24073000020000
- Tax Year: 2023
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
7139 99th St Chicago Ridge, IL 60415
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
