20 S Dee Rd 8 Unit Apartment Building For Sale Park Ridge, IL 60068

This fully leased, eight-unit California-style multi-family property offers a rare investment opportunity in the highly desirable Park Ridge market. Spanning 9,668 square feet, the property has been recently renovated with quality finishes and features a diverse unit mix, including one 4-bedroom, 3-bath unit with an in-law apartment, one 3-bedroom, 2-bath unit, and six 2-bedroom, 2-bath units. Each apartment includes a dedicated storage space and access to a detached garage, enhancing tenant convenience and retention.
The property is 100% occupied and generates a gross income of $183,600 annually, with separately metered units for efficient utility management. Additional amenities include on-site coin-operated laundry and dedicated storage units. Situated on a 23,383 SF lot, the building benefits from R-3 zoning and a prime location near I-294, providing easy access to downtown Chicago and surrounding employment hubs. Park Ridge is a vibrant suburban community known for its strong schools, tree-lined streets, and robust retail and dining options, making this asset a stable and attractive long-term investment.