5
See all 5 photos
$949,999
Est. payment /mo
6,078 SqFt
New
7101 W 99th ST Chicago Ridge, IL 60415
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Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 6,078 sqft
Price per Sqft $156
MLS Listing ID 12706912
Year Built 1972
Annual Tax Amount $19,091
Tax Year 2024
Lot Size 7,840 Sqft
Lot Dimensions 7956
Property Sub-Type Multi Family 5+
Property Description
Exceptional investment opportunity! This fully occupied 6-unit multifamily building offers immediate cash flow from the day of closing. Well maintained and consistently rented, the property features roof (2013), hot water heater (2013), newer windows (2012), and mostly updated/remodeled apartments that show very well. Strong rental demand has resulted in quick lease-ups, with the on-site rental sign generating a steady stream of prospective tenant inquiries. Additional income is provided by the coin-operated laundry. A true turnkey investment with stable rental income, low vacancy history, and value-add potential through future rent increases. Conveniently located near shopping, dining, public transportation, and major expressways, making it an attractive option for tenants. Don't miss this excellent opportunity to add a solid income-producing asset to your portfolio.
Location
State IL
County Cook
Area Chicago Ridge
Zoning MULTI
Interior
Cooling Window Unit(s)
Fireplace N
Exterior
Roof Type Composition
Building
Dwelling Type Multi Family 5+
Structure Type Brick
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Listed by Grace Pawlikowski of Royal Family Real Estate
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