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
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Multi-Family (2-4 Unit)
County
Cook County
APN
24073000020000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
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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.
Basement: Unfinished, Rec/Family Area, Storage Space, Full
Interior Features
# of Rooms: 16
Equipment
CO Detectors, Ceiling Fan(s)
Unit Type 1 Information
Floor Number: 1
Sq. Ft.: 1,000
# of Rooms: 4
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator,Microwave,Window Air Conditioner
Security Deposit: 0
Tenant Pays: Other
Lease Expiration Date: 0
Unit Type 2 Information
Floor Number: 1
Sq. Ft.: 1,000
# of Rooms: 4
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator,Microwave,Window Air Conditioner
Tenant Pays: Other
Lease Expiration Date: 0
Unit Type 3 Information
Floor Number: 2
Sq. Ft.: 1,000
# of Rooms: 4
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator,Microwave,Window Air Conditioner
Tenant Pays: Other
Lease Expiration Date: 0
Unit Type 4 Information
Floor Number: 2
Sq. Ft.: 1,000
# of Rooms: 4
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator,Microwave,Window Air Conditioner
Tenant Pays: Other
Lease Expiration Date: 0
Exterior
Building Information
# Of Units in Building: 4
Age: 51-60 Years
Built Before 1978 (Y/N): Yes
Construction Materials: Brick
Property Information
Property Type: Two to Four Units
Ownership: Fee Simple
Rebuilt (Y/N): No
Rehab (Y/N): No
Parcel Number: 24073000020000
Lot Information
Dimensions: 9769
Lot Size: Less Than .25 Acre
Lot Size Source: County Records
Lot Features: Corner Lot
Financial
Tax Information
Tax Annual Amount: $15,778
Tax Year: 2023
Financial Information
Finance Code: Conventional
Special Service Area: N
Utilities
Utility Information
Water Source: Lake Michigan
Sewer: Public Sewer
Heating & Cooling
Heating: Natural Gas, Steam, Baseboard
Location
School Information
Elementary School District: 127.5
Middle Or Junior School District: 127.5
High School District: 218
High School: H L Richards High School (Campus
Location Information
Township: Worth
Corporate Limits: Chicago Ridge
Directions: Harlem Ave to 99th St
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Cook County
APN: 24073000020000
Home facts updated by county records on Aug 11, 2026
Other
Listing Information
Holds Earnest Money: No
Possession: Negotiable
Some Photos Virtually Staged?: No
Teams Information
Buyer Team Name: Lena Matariyeh . Homes
Around this home
Schools
Ernest F Kolb Elementary School
Public PreK-5 • Assigned • 0.6mi
7/10
Simmons Middle School
Public 6-8 • Assigned • 1.0mi
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
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
83
65
80
59
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
This home receives average direct sun exposure in Chicago Ridge. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10 hrs
5.9 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$645,000 – $781,000
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