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!
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
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Year renovated
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Finished Sq. Ft.
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Unfinished Sq. Ft.
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Total Sq. Ft.
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Year built
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Style
Multi-Family (2-4 Unit)
County
Cook County
APN
24073000020000
Parking Spaces
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Basement
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Accessible
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Garage
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Last updated by owner on Aug 11, 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
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
0% chance of strong winds in 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
89/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10 hrs
5.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 7139 99th St
$667,798
$18K over list price of $650K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $315K to $495K.