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7139 99th Street Chicago Ridge, IL 60415

$650,000
New / MLS# 12730083 / Multi Unit - Multiple / Chicago Ridge
8 Beds
5 Baths

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!

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Baird & Warner Stephanie Wilkins Agent Cell: 224.866.3450 Email

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Estimated Payment

$ 3,176.94 per month $1,672.53 Principal & Interest $1,314.83 Property Tax $189.58 Homeowner's Insurance
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Property Details

Property Type: Multi Unit - Multiple
Basement: Unfinished, Rec/Family Area, Storage Space, Full
Basement: Yes
Heating: Natural Gas, Steam, Baseboard
Lot Size: 0.22 Acres
Taxes: $15,778
Year Built: 1971

Feature Descriptions

Additional rooms: Enclosed Balcony, Exercise Room, Recreation Room, Utility Room-Lower Level
Exterior: Brick
Lot: Corner Lot
Lot Dimensions: 9769
Other Equipment: CO Detectors, Ceiling Fan(s)
Parcel#: 24073000020000
Parking: Unassigned, Additional Parking, Parking Lot, Yes, Owned
Sewer: Public Sewer
Total Rooms: 16
Township: Worth
Water: Lake Michigan

Schools

High School: H L Richards High School (Campus
School District: District 218

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

See details and scored characteristics about this location.

Listing Office: Village Realty, Inc.

Listing Office Phone: 708-478-1212



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