7-Unit Turnkey Condo Portfolio
Property Description
7-Unit Turnkey Condo Portfolio — Chicago Ridge, IL
2BR/2BA and 1BR/1BA units • Separate Laundry Rooms • Garages • Balconies
Package Price: $1,435,000
Executive Summary (Business Description)
Offered as a package: Seven (7) updated, rent-ready 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, mid-term, or long-term use.
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 (mix of 2BR/2BA and 1BR/2BA)
Highlights (What’s Included)
• Separate laundry room in every unit with full-size washer/dryer
• 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
• 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 for the full photo gallery and financial details.
Contact
Richard Clark — 708-218-4668 (call or text)
2BR/2BA and 1BR/1BA units • Separate Laundry Rooms • Garages • Balconies
Package Price: $1,435,000
Executive Summary (Business Description)
Offered as a package: Seven (7) updated, rent-ready 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, mid-term, or long-term use.
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 (mix of 2BR/2BA and 1BR/2BA)
Highlights (What’s Included)
• Separate laundry room in every unit with full-size washer/dryer
• 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
• 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 for the full photo gallery and financial details.
Contact
Richard Clark — 708-218-4668 (call or text)
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:
- 200
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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