17334 Ridgeland Avenue, Tinley Park, IL 60477 - Photo 1

1/1

$900,000

Sold
Closed
Commercial

1/1

Property Description

6-unit multifamily property offering both strong current income and significant upside. The building spans 10,100 square feet on a 10,019 SF lot (0.23 acres) and features a balanced unit mix of four 2-bedroom/1-bath units and two 1-bedroom/1-bath units. The property currently generates $10,650 in monthly rental income ($127,800 annually). Two units operate as Airbnb short-term rentals, capturing higher-than-average rents and creating a diversified income profile.

Full Property Details

Full Property Details for 17334 Ridgeland Ave

General

Sold For: $900,000
Taxes: $21,473 (2023)
Status: Closed
Type: Commercial
Source: MRED
MLS ID: 12474438
Added to Site: 123 day(s) ago

Location

Area: Tinley Park
County: Cook
Driving Directions: Ridgeland Avenue south to 17334

Heating & Cooling

Heating Type: Central Building Heat

Structural Information

Stories/Levels: 2
Year Built: 1977
Built Before 1978: Yes

Unit Information

Units w/Refrigerators: 6
Units w/Range/Oven: 6
# Dryers: 1

Lot Features

Lot Size (Acres): 0.23
Lot Size (Sq. Ft.): 10,100
Lot Dimensions: 10100
Zoning: MULTI

Financial Considerations

Operating Expenses: $53,242
Assessment Year: 1977
Tax Amount: $21,473
Tax Year: 2023

Disclosures and Reports

Property ID: 28304140580000

Listed by Ellsbury Group LLC
Sold by HomeSmart Realty Group

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— 17334 Ridgeland Ave —

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Schools

Schools serving 17334 Ridgeland Ave

School Districts:Community Consolidated School District 146, Bremen Community High School District 228

Name	Grades	Distance
Memorial Elementary School, Tinley Park, IL 6701 179th Street, Tinley Park, IL 60477	K-5	0.8 mi
Central Middle School, Tinley Park, IL 18146 Oak Park Avenue, Tinley Park, IL 60477	6-8	1.1 mi
Tinley Park High School 6111 175th Street, Tinley Park, IL 60477	9-12	0.5 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 17334 Ridgeland Ave

Date

Details

Price

Change

Source

10/27/2025

Sold

$900,000

1.69%

MLS

9/17/2025

Listed

$885,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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17334 Ridgeland Avenue, Tinley Park, IL 60477 (MLS# 12474438) is a Commercial property that was sold at $900,000 on October 27, 2025. Want to learn more about 17334 Ridgeland Avenue? Do you have questions about finding other Commercial real estate for sale in Tinley Park? You can browse all Tinley Park real estate or contact a Coldwell Banker agent to request more information.

17334 Ridgeland Ave Tinley Park, IL 60477