7101 99th St Chicago Ridge, IL 60415
Chicago Ridge AreaEstimated payment $6,812/month
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $19,091
Year Built
- Built in 1972
Lot Details
- 7,956 Sq Ft Lot
Parking
- 6 to 12 Parking Spaces
Home Design
- Brick Exterior Construction
- Pitched Roof
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 6,078 Sq Ft Home
- 3-Story Property
Utilities
- Window Unit Cooling System
- Radiator
Listing and Financial Details
- The owner pays for snow removal, trash collection, water, common area maintenance, gas, heat, insurance, taxes
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $1,026
- Fuel Expense $3,791
- Insurance Expense $4,191
- Other Expense $450
- Trash Expense $1,554
- Water Sewer Expense $4,163
- Operating Expense $15,175
- Gross Income $98,640
- Net Operating Income $64,374
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $19,264 | $56,394 | $4,973 | $51,421 |
| 2024 | $19,264 | $56,394 | $4,973 | $51,421 |
| 2023 | $17,787 | $57,001 | $4,973 | $52,028 |
| 2022 | $17,787 | $44,980 | $4,376 | $40,604 |
| 2021 | $16,985 | $44,978 | $4,375 | $40,603 |
| 2020 | $16,698 | $44,978 | $4,375 | $40,603 |
| 2019 | $14,586 | $39,613 | $3,978 | $35,635 |
| 2018 | $14,789 | $42,001 | $3,978 | $38,023 |
| 2017 | $16,498 | $46,227 | $3,978 | $42,249 |
| 2016 | $15,033 | $39,580 | $3,381 | $36,199 |
| 2015 | $14,780 | $39,580 | $3,381 | $36,199 |
| 2014 | $14,504 | $39,580 | $3,381 | $36,199 |
| 2013 | $13,238 | $39,484 | $3,381 | $36,103 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/24/2026 07/24/26 | Pending | -- | -- | -- | |
| 07/16/2026 07/16/26 | For Sale | $949,999 | +124.6% | $156 / Sq Ft | |
| 04/18/2016 04/18/16 | Sold | $423,000 | -6.6% | -- | View Prior Sale |
| 03/11/2016 03/11/16 | Pending | -- | -- | -- | |
| 02/27/2016 02/27/16 | For Sale | $453,000 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Attorney | |
| Deed | $423,000 | Attorney | |
| Warranty Deed | -- | Ctic | |
| Warranty Deed | $338,000 | Ticor Title |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $250,000 | Commercial | |
| Previous Owner | $270,000 | Commercial |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12706912
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Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
- 7101 Oconnell Dr Unit 2C
- 7139 99th St
- 9826 Nottingham Ave
- 7008 Oconnell Dr Unit 201
- 7101 98th St Unit 301
- 9812 Sayre Ave Unit 3E
- 9800 Sayre Ave Unit 2B
- 9708 Nottingham Ave Unit 1
- 9654 Nottingham Ave Unit 2C
- 9654 Nottingham Ave Unit 1A
- 9649 S Harlem Ave Unit 3C
- 7006 W 98th St Unit 1B
- 9615 Nottingham Ave
- 9832 Rutherford Ave
- 9759 Rutherford Ave
- 6939 W 95th Place
- 9901 S 76th Ave
- 9642 Normandy Ave
- 10228 Camden Ln Unit E
- 10201 Camden Ln
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