Listing Agency: Kiser group

Listed By: Jack Lambert · License #IL

Source: Crexi

Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 3:30PM

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Investment Insights

Based on property information with market context.

This quadplex contains four residential units and is identified as a residential income property. The asset is located at 10512 Central Ave in Chicago Ridge, Illinois, with a 60415 ZIP code.

Key Highlights

• Four‑unit residential income property
• Located at 10512 Central Ave
• Chicago Ridge, IL 60415

Property Analytics

Property Profile

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4

Residential units

Location Intelligence

Trade Area within ½ mile

397

Businesses Nearby

Explore this area Business Placement

Demographics for 60415, IL

14,433

Population

5,840

Households

2.5

Avg Household Size

37

Median Age

28%

College-Educated

91%

High-School Grad

2.3 sq mi

ZIP Area

6,275

Density / Sq Mi

$69,389

Median Household Income

$48,226

Median Earnings

$1,198

Median Rent

$217,800

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

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Frequently Asked Questions

What type of property is this?

Quadplex - Four separate residential units provide a multi-unit income property configuration.

Where is this quadplex located?

The property is located at 10512 Central Ave Chicago Ridge, IL.

What are key features of this property?

This property features: Four‑unit residential income property; Located at 10512 Central Ave; Chicago Ridge, IL 60415