7139 99th Street, Chicago Ridge, IL

$650,000

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8

Beds

0.22

Acres

About 7139 99th Street

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!

Features of 7139 99th Street

MLS® # 12730083
Price $650,000
Bedrooms 8
Bathrooms 0.00
Acres 0.22
Year Built 1971
Type Residential Income
Sub-Type Two to Four Units
Status Contingent
Taxes $15,778

Community Information

Address 7139 99th Street
Area Chicago Ridge
City Chicago Ridge
County Cook
State IL
Zip Code 60415

Amenities

Parking Spaces 8
Parking Unassigned, Additional Parking, Parking Lot, Yes, Owned
Is Waterfront No
New Construction No
Has Pool No

Interior

Heating Natural Gas, Steam, Baseboard
Fireplace No
Has Basement Yes
Basement Unfinished, Rec/Family Area, Storage Space, Full

Exterior

Exterior Brick
Lot Description Corner Lot

School Information

District 218
High H L Richards High School (Campus

Additional Information

Days on Market 7
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeVillage Realty, Inc.

Listing Map

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