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.
Multi-familyProperty Type
1972Year Built
7,956 sq ftLot Size
$144Price/Sq.Ft.
Listed by Grace Pawlikowski• Royal Family Real Estate
Well maintained 6-unit building in very convenient location close to I294 & Metra train station. New roof-2013, hot water heater-2013, newer windows. Apartments show well and most are updated/remodeled. Rents out quickly. Many rental calls come from advertising from rent sign in the front of the building. Extra $$ from coin operated laundry. Cash flow immediately after possession
MRED as Distributed by MLS Grid #08542681
Oct 14, 2014
Contingent
—
Oct 11, 2014
Listing Removed
—
Oct 10, 2014
Relisted (Reactivated)
—
Aug 20, 2014
Listing Removed
—
Aug 15, 2014
Relisted (Reactivated)
—
May 11, 2014
Contingent
—
Apr 8, 2014
Relisted (Reactivated)
—
Mar 11, 2014
Pending (Contingent (Do Not Show))
—
Feb 23, 2014
Listed (New)
*
MRED as Distributed by MLS Grid #08096734
Jan 1, 2013
Listing Removed
—
Dec 3, 2012
Price Changed (Price Change)
*
Jun 20, 2012
Listed (New)
*
MRED as Distributed by MLS Grid #07867776
Jan 1, 2012
Listing Removed
—
Jul 28, 2011
Listed (New)
*
Public Records
Apr 1, 2002
Sold
$338,000
$56/sq ft
Public Records
Nov 29, 1991
Sold
$306,000
$50/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$19,264 (+8.3%)
$4,972 + $52,027
$56,999
2022
$17,787 (+4.7%)
$4,375 + $40,603
$44,978
2021
$16,985 (+1.7%)
$4,375 + $40,603
$44,978
2020
$16,698 (+14.5%)
$4,375 + $40,603
$44,978
2019
$14,586 (−1.4%)
$3,978 + $35,635
$39,613
2018
$14,789 (−10.4%)
$3,978 + $38,023
$42,001
2017
$16,498 (+9.7%)
$3,978 + $42,249
$46,227
2016
$15,033 (+1.7%)
$3,381 + $36,199
$39,580
2015
$14,780 (+1.9%)
$3,381 + $36,199
$39,580
2014
$14,503 (+9.6%)
$3,381 + $36,199
$39,580
2013
$13,237 (−2.8%)
$3,381 + $36,103
$39,484
2012
$13,615 (+6.1%)
$3,381 + $38,565
$41,946
2011
$12,832 (−20.2%)
$3,381 + $38,565
$41,946
2010
$16,076 (+2.1%)
$3,381 + $54,074
$57,455
2009
$15,748 (+8.3%)
$3,381 + $54,074
$57,455
2008
$14,543 (+12.0%)
$5,410 + $55,069
$60,479
2007
$12,988
$7,001 + $45,887
$52,888
Public record
Public record
Zoning
Beds
12
Baths
6
Stories
3
Lot width
—
Lot depth
—
Lot size
7,956 Sq. Ft.
Year renovated
—
Sq. Ft.
6,078
Year built
1971
Style
Multi-Family (5+ Unit)
County
Cook County
APN
24073000100000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 12, 2026.
R-3
Multifamily Residence District
The regulations set forth in this article, or set forth elsewhere in this chapter when referred to in this article, are the R-3 multifamily residence district regulations. The permissible uses hereinafter designated in this article are subject to the special use provisions of article XI of this chapter.
Permitted uses
Include but are not limited to:
Religious facility
Hospital / medical center
Housing-Multiple units
Housing-Other
Educational/school
Library
Park & open space
Property details
Parking
Parking Information
Outdoor Parking: 6-12 Spaces
Interior
Equipment
# Of Ranges: 6
# Of Washers: 1
# Of Dryers: 1
Washer/Dryer Lsd (Y/N): No
Unit Type 1 Information
# of Rooms: 5
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
# of Units: 5
Monthly Income: $1,170
Monthly Income Max: $1,600
Unit Type 2 Information
# of Rooms: 4
# of Bedrooms: 1
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
# of Units: 1
Monthly Income: $1,300
Monthly Income Max: $1,300
Unit Type 4 Information
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Exterior
Building Information
# of Units: 6
Built Before 1978 (Y/N): Yes
Roof: Composition
Roof Structure: Pitched
Foundation Details: Concrete Perimeter
Construction Materials: Brick
Property Information
Property Type: Multi Family 5+
Parcel Number: 24073000100000
Land Information
Land Amenities: Curbs and Gutters,Lighting/Exterior,Sidewalks
Lot Information
Dimensions: 7956
Frontage Type: City Street
Zoning: MULTI
Financial
Tax Information
Tax Annual Amount: $19,091.40
Tax Year: 2024
Financial Information
Finance Code: Cash
Gross Rent Multiplier: 9.62
Total Monthly Income: $8,220
Gross Income: $98,640
Utilities
Heating & Cooling
Heat/Ventilation: Radiators
Cooling: Window Unit(s)
# Of Window/Ac: 6
Location
Location Information
Township: Worth
Directions: I-294 to 95th St E to Harlem (43) S to 99th Street E, Building on Right
Public facts
Beds: 12
Baths: 6.0
Sq. Ft.: 6,078
Stories: 3.0
Lot Size: 7,956 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1971
Year Renovated: —
County: Cook County
APN: 24073000100000
Home facts updated by county records on Jul 12, 2026
Other
Expense Information
Water Sewer Expense: $4,163
Electric Expense: $1,026
Trash Expense: $1,554
Insurance Expense: $4,191
Listing Information
Some Photos Virtually Staged?: No
Around this home
Schools
Ernest F Kolb Elementary School
Public PreK-5 • Assigned • 0.6mi
7/10
Simmons Middle School
Public 6-8 • Assigned • 0.9mi
7/10
Harold L. Richards High School
Public 9-12 • Assigned • 2.2mi
3/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 101° expected this year, 15 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
3/10 Air Factor
4 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Chicago Ridge, IL • 60415
Average low and high temperatures (°F)
30
16
39
23
56
35
63
44
71
50
83
64
87
70
84
65
81
60
69
49
52
38
37
24
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
88/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.