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$949,999 Just Listed
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Property 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.
Full Property Details
Full Property Details for 7101 W 99th St
General
- Price: $949,999
- Taxes: $19,091 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12706912
- Updated: 7/16/2026
- Added to Site: 5 day(s) ago
Location
- Area: Chicago Ridge
- County: Cook
- Township: Worth
- Driving Directions: I-294 to 95th St E to Harlem (43) S to 99th Street E, Building on Right
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Radiators
Utilities
- Trash: 1554
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Roof: Composition
- Stories/Levels: 3
- Square Feet: 6,078
- Current Bldg. Use: Multi-Family
- Year Built: 1972
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 6
- Units w/Range/Oven: 6
- # Dryers: 1
Lot Features
- Lot Size (Acres): 0.18
- Lot Size (Sq. Ft.): 7,956
- Lot Dimensions: 7956
- Frontage: City Street
- Zoning: MULTI
Financial Considerations
- Insurance Fee: $4,191
- Operating Expenses: $15,175
- Other Fee: $450
- Assessment Year: 1972
- Tax Amount: $19,091.4
- Tax Year: 2024
- Tenant Pays: Electricity
- Pays Electric: 1026
- Pays Trash: 1554
Disclosures and Reports
- Property ID: 24073000100000
Listed by Royal Family Real Estate
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Schools
Schools serving 7101 W 99th St
School Districts:Ridgeland School District 122, Community High School District 218
| Name | Grades | Distance |
|---|---|---|
Ernest F Kolb Elementary School 9620 Normandy Avenue, Oak Lawn, IL 60453 | K-5 | 0.6 mi |
Simmons Middle School 6450 West 95th Street, Oak Lawn, IL 60453 | 6-8 | 0.9 mi |
H L Richards High Sch(Campus) 10601 Central Avenue, Oak Lawn, IL 60453 | 9-12 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Estimate the Cost
Estimate the Cost for 7101 W 99th St
7101 W 99th Street, Chicago Ridge, IL 60415 (MLS# 12706912) is a Commercial property. 7101 W 99th Street is currently listed for $949,999 and was received on July 16, 2026. Want to learn more about 7101 W 99th Street? Do you have questions about finding other Commercial real estate for sale in Chicago Ridge? You can browse all Chicago Ridge real estate or contact a Coldwell Banker agent to request more information.

