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34460935
34460936

7101 W 99th Street, Chicago Ridge, IL 60415 For Sale

Baird & Warner
Listed by Baird & Warner
$949,999
4 days on market
Updated 2 days ago

7101 W 99th Street

Details
APN 24073000100000
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex (+1)
Units 6
NOI $64,374
Year Built 1972
Stories 3
Acreage 0.180
Zoning MULTI

Multifamily | 6 Units

Marketing description

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.
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Listing Contacts

Baird & Warner
Listed by Baird & Warner

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$64,374.00
$5,364.50/mo

Valuation Metrics

0
DSCR
6.78%
Cap Rate
6.78%
ROI

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