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33936911

20 S Dee Road, Park Ridge, IL 60068-4404 For Sale

DH
IL 471.013658x
Millennium Properties R/E
Listed by Millennium Properties R/E
Unpriced
16 days on market
Updated 0 days ago

20 S Dee Road

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 9,668
Units 8
NOI $183,600
Occupancy 100%
Tenancy Multi
Lot Size (SqFt) 23,383
Zoning R-3

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-bedroom, 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 (2024): $33,749.45

Listing Contacts

DH
IL 471.013658x
Millennium Properties R/E
Listed by Millennium Properties R/E

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$183,600.00
$15,300.00/mo

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