30
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$885,000
Est. payment /mo
10,018 Sqft Lot
Active Under Contract
17334 Ridgeland AVE Tinley Park, IL 60477
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Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12474438
Maintenance Fees $5,112
Year Built 1977
Annual Tax Amount $21,473
Tax Year 2023
Lot Size 10,018 Sqft
Lot Dimensions 10,100
Property Sub-Type Multi Family 5+
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.
Location
State IL
County Cook
Area Tinley Park
Zoning MULTI
Interior
Fireplace N
Building
Dwelling Type Multi Family 5+
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Listed by Tariq Suboh of Ellsbury Group LLC
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