

20 S Dee Road, Park Ridge, IL
Multifamily | 8 Units
Marketing description
Just South of Touhy on Dee Road, an Eight-unit, Multi-family Building is Available for Sale. The Fully Leased 9,668 Square Foot California-style Property is Recently Renovated With High-end Finishes and is Comprised of One 4-bedroom, 3-bath Unit (Including an in-law Apartment), One 3-bedroom, 2-bath Unit and Six 2-bedroom, 2-bath Units. Each Apartment Has a Dedicated Storage Space in the Basement and a Detached Garage. The Building is Close to the Iroquois Woods Forest Preserve and is a Short Drive From I-294.
Park Ridge is a Thriving Suburban City Located Just 15 Miles Northwest of Downtown Chicago. Known for Its Tree-lined Streets, Excellent Schools and a Strong Sense of Community, It Offers a High Quality of Life for Its Residents. The Area Surrounding This Property Boasts a Variety of Retail Options, Including Local Boutiques, Restaurants and Essential Services, Contributing to the Neighborhood's Appeal. The City's Commitment to Development is Evident in Recent Approvals, Reflecting a Supportive Environment for Growth and Investment.
Investment highlights
- 9,668 Sf California-style Multi-family Building
- 8 Units, Each With Garage
- One 4-bedroom, 3-bath (Includes an in-law Apartment) Unit, One 3-bed-room, 2-bath Unit, Six 2-bedroom, 2-bath Units
- 100% Occupied
- Gross Income: $183,600
- Separately Metered Units
- Dedicated Storage Units
- On-site Coin-operated Laundry
- Land Area: 23,383 Sf
- Traffic Count: 13,834 Vehicles Daily
- Zoning: R-3
- Taxes (2023): $31,599.36
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