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7101 W 99th Street Chicago Ridge, IL 60415 Multi Unit - Multiple Active

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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.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Sqft: 6,078
County: Cook
Listed By:
Royal Family Real Estate 847-985-0200
MRED MLS
$949,999
Est. $6,340/mo
6,078sqft
Active
BEDS0 BATHS SQUARE FEET6,078 MLS#12706912
STATUSActive PROPERTY TYPEMulti Unit - Multiple

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7101 W 99th Street, Chicago Ridge, IL 60415.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $949,999$949,999$949,999
Down Payment $190,000$33,250$237,500
Monthly Mortgage Amount $4,741$5,743$5,917
Taxes $1322$1322$1322
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$570$0
Monthly Estimated Total $6,340$7,912$7,516

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