Chicago Ridge Multifamily – Updated Financials
Fully leased 18‑unit multifamily building in Chicago Ridge, IL with updated financials and recent renovations. Strong in‑place cash flow with realistic rent growth upside and minimal near‑term capital needs make this an attractive value‑add or 1031 exchange opportunity.
Property Highlights:
Price: $2,450,000 • 18 Units (10 Two‑Bedroom / 8 One‑Bedroom)
Cap Rates: 7.56% Current • 8.88% Pro Forma
Occupancy: 100% • Renovation Year: 2024
Location: Near I‑294, Metra, and Chicago Ridge Mall
🔗 View Offering Memorandum:
https://creconsult.net/chicago-multifamily-listings/chicago-ridge-il-multifamily-property-for-sale/
📞 Contact Me:
Randolph Taylor, CCIM • Vice President | Multifamily Broker
eXp Commercial – Chicago
Phone: (630) 474‑6441 • Email: rtaylor@creconsult.net
Hashtags:
#Multifamily #CommercialRealEstate #CRE #1031Exchange #ChicagoSuburbs #RealEstateInvesting #ValueAdd
eXp Commercial is one of the fastest-growing national commercial real estate brokerage firms. The Chicago Multifamily Brokerage Division focuses on listing and selling multifamily properties throughout the Chicago Area and Suburbs.
Thursday, August 7, 2025
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