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$679,000
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Property Description
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!
Full Property Details
Full Property Details for 7139 99th St
General
- Sold For: $679,000
- Taxes: $15,778 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12730083
- Added to Site: 59 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 5
Bedrooms
- Total Bedrooms: 8
Additional Information
- Equipment: Carbon Monoxide Detectors, Ceiling Fan(s)
Parking
- Total Spaces: 8
- Parking Features: Unassigned, Additional Parking, Parking Lot, Yes, Owned
Location
- Area: Chicago Ridge
- County: Cook
- Driving Directions: Harlem Ave to 99th St
School Information
- School District: 127.5
- Midd School District: 127.5
- High School: H L Richards High School (Campus
- Private School: H L Richards High School (Campus
Heating & Cooling
- Heating Type: Natural Gas, Steam, Baseboard
Utilities
- Water: Lake Michigan
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Unfinished, Rec/Family Area, Storage Space, Full
- Year Built: 1971
- Built Before 1978: Yes
Unit Information
- Units in Building: 4
Lot Features
- Lot Size (Acres): 0.22
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 9769
- Lot Features: Corner Lot
Financial Considerations
- Assessment Year: 1971
- Tax Amount: $15,778
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: Standard
- Property ID: 24073000020000
Listed by Village Realty, Inc.
Sold by Village Realty, Inc.
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Schools
Schools serving 7139 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 | 1 mi |
H L Richards High Sch(Campus) 10601 Central Avenue, Oak Lawn, IL 60453 | 9-12 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7139 99th St
Date
Details
Price
Change
Source
10/05/2026
Sold
$679,000
4.46%
MLS
8/11/2026
Listed
$650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7139 99th Street, Chicago Ridge, IL 60415 (MLS# 12730083) is a Multi-Family property that was sold at $679,000 on October 05, 2026. Want to learn more about 7139 99th Street? Do you have questions about finding other Multi-Family 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.

