7-Unit Turnkey Condo Portfolio
Property Description
7-Unit Turnkey Condo Portfolio — Chicago Ridge, IL
2BRs w/ Separate Laundry Rooms, Garages, Balconies | $1,435,000 Package
Executive Summary (Business Description)
Offered as a package: Seven (7) updated, rent-ready two-bedroom condominium units across two adjacent buildings in convenient Chicago Ridge, IL—appealing to investors and owner-occupants alike. Each home blends comfort and practicality with a separate in-unit laundry room (full-size washer & dryer), stainless-steel kitchen appliances, private balcony, and attached 1-car garage for easy access. Top-floor residences showcase vaulted ceilings. Buildings are flexicore concrete and feature in-unit sprinkler systems per code. Roof is approximately 4 years old (per seller). Immediate occupancy available.
Use Flexibility: Currently furnished and suitable for short-term stays, and also well-suited for mid-term, long-term, or owner-occupied use. Buyer to verify all municipal and HOA rules and any rental caps.
Addresses / Unit Roster
10624 S Central Ave, Chicago Ridge, IL 60415 — Units 1A, 2B, 3B
10620 S Central Ave, Chicago Ridge, IL 60415 — Units 1A, 2A, 3A, 3B
Total Package: 7 units (all 2BR)
Highlights (What’s Included)
Separate laundry room in every unit with full-size W/D
Stainless-steel kitchen appliances included
Private balcony for each unit
Attached 1-car garage per unit for convenient access
Vaulted ceilings on 3rd-floor units for a refined, open feel
Flexicore (concrete) construction between floors for durability and quiet
In-unit sprinkler systems (per code)
Immediate occupancy—renovated, spacious homes ready to lease or occupy
Property / Facilities
Low-rise, well-kept condo buildings in a commuter-friendly Chicago Ridge location close to retail, dining, and public transit. The package delivers operational efficiency: seven doors within the same micro-area simplify leasing, maintenance, and oversight.
Growth & Strategy
Short-term furnished, mid-term, or long-term rental paths (buyer to verify municipal/HOA policies)
Attractive to owner-occupants or “house-hackers” seeking garage parking and in-unit laundry
Potential to enhance returns via modest cosmetic upgrades, parking/balcony premiums, and professional pricing/operations
Additional Photos Available Upon Request — Please reach out directly for full photo gallery and financial details.
2BRs w/ Separate Laundry Rooms, Garages, Balconies | $1,435,000 Package
Executive Summary (Business Description)
Offered as a package: Seven (7) updated, rent-ready two-bedroom condominium units across two adjacent buildings in convenient Chicago Ridge, IL—appealing to investors and owner-occupants alike. Each home blends comfort and practicality with a separate in-unit laundry room (full-size washer & dryer), stainless-steel kitchen appliances, private balcony, and attached 1-car garage for easy access. Top-floor residences showcase vaulted ceilings. Buildings are flexicore concrete and feature in-unit sprinkler systems per code. Roof is approximately 4 years old (per seller). Immediate occupancy available.
Use Flexibility: Currently furnished and suitable for short-term stays, and also well-suited for mid-term, long-term, or owner-occupied use. Buyer to verify all municipal and HOA rules and any rental caps.
Addresses / Unit Roster
10624 S Central Ave, Chicago Ridge, IL 60415 — Units 1A, 2B, 3B
10620 S Central Ave, Chicago Ridge, IL 60415 — Units 1A, 2A, 3A, 3B
Total Package: 7 units (all 2BR)
Highlights (What’s Included)
Separate laundry room in every unit with full-size W/D
Stainless-steel kitchen appliances included
Private balcony for each unit
Attached 1-car garage per unit for convenient access
Vaulted ceilings on 3rd-floor units for a refined, open feel
Flexicore (concrete) construction between floors for durability and quiet
In-unit sprinkler systems (per code)
Immediate occupancy—renovated, spacious homes ready to lease or occupy
Property / Facilities
Low-rise, well-kept condo buildings in a commuter-friendly Chicago Ridge location close to retail, dining, and public transit. The package delivers operational efficiency: seven doors within the same micro-area simplify leasing, maintenance, and oversight.
Growth & Strategy
Short-term furnished, mid-term, or long-term rental paths (buyer to verify municipal/HOA policies)
Attractive to owner-occupants or “house-hackers” seeking garage parking and in-unit laundry
Potential to enhance returns via modest cosmetic upgrades, parking/balcony premiums, and professional pricing/operations
Additional Photos Available Upon Request — Please reach out directly for full photo gallery and financial details.
About the Property
- Type
- Multi-Family
- Building Status
- Established
- Facilities & Assets
- The portfolio includes seven fully leased 2-bedroom/1-bath condo units each with private laundry rooms, garages, and balconies. All units have been well maintained with recent updates to flooring, kitchens, and HVAC systems.
- Location Description
- Located in Chicago Ridge, IL, a quiet and desirable southwest suburb of Chicago. The property is close to public transportation, shopping centers, schools, and major highways. Strong rental demand and stable tenant base make this a turnkey investment opportunity
About the Sale
- Furniture, Fixings and Equipment
- Included in Asking Price
- Current Property Expenses
- Current expenses include HOA fees, property taxes, insurance, and minimal maintenance costs. HOA covers exterior maintenance, landscaping, snow removal, and water/sewer. Detailed expense breakdown available upon request.
Listing Info
- ID:
- 2421798
- Listing Views:
- 12
Business Location
Listing ID: 2421798 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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