Park Ridge Multifamily Investment
For Sale
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20 S Dee Road, Park Ridge, IL 60068
Recently renovated, fully leased 8-unit building near Iroquois Woods.
Property Size9,668 SF
Days on Market209
Property Features for 20 S Dee Road
General Information
Standard status
Active
Size
9,668 SF
Property subtype
Multifamily
Zoning
R-3
Occupancy
100%
Net Operating Income
$183,600
Building Details
Units
8
Tenancy
Multi
Listing Agency:
Millennium Properties R/E
Listed By:
Daniel Hyman · License #IL 471.013658x
(312) 338-3000
Source:
Crexi
Added: Mar 27
Changed: Oct 11
Last Checked: Oct 20 at 8:42PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Millennium Properties R/E
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Investment Insights
Based on property information with market context.
Located just south of Touhy Avenue on Dee Road, this multi-family building in Park Ridge, Illinois, is available for sale. The 9,668 square foot, California-style property features eight units and is currently fully leased. The building has been recently renovated with high-end finishes. The unit mix includes one 4-bedroom, 3-bath unit (including an in-law apartment), one 3-bedroom, 2-bath unit, and six 2-bedroom, 2-bath units. Each apartment includes a dedicated storage space in the basement and a detached garage. The building is located close to the Iroquois Woods Forest Preserve and is a short drive from I-294. Park Ridge is a suburban city located 15 miles northwest of downtown Chicago, known for its tree-lined streets and schools. The surrounding area offers a variety of retail options, including local boutiques, restaurants, and essential services. The city's commitment to development is reflected in recent approvals, indicating a supportive environment for growth and investment.
Key Highlights
- Fully leased, recently renovated 8‑unit multi‑family building.
- High‑end finishes throughout the 9,668 sq ft California‑style property.
- Unit mix includes a 4‑bedroom, 3‑bath unit (with in‑law apartment), a 3‑bedroom, 2‑bath unit, and six 2‑bedroom, 2‑bath units.
Property Analytics
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Location Intelligence
Trade Area within ½ mile
563
Businesses Nearby
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Business Placement
Demographics for 60068, IL
39,672
Population
15,999
Households
2.5
Avg Household Size
44
Median Age
65%
College-Educated
97%
High-School Grad
7.3 sq mi
ZIP Area
5,435
Density / Sq Mi
$138,201
Median Household Income
$78,495
Median Earnings
$1,511
Median Rent
$539,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - Recently renovated, fully leased 8-unit building near Iroquois Woods.
Where is this apartment building located?
The property is located at 20 S Dee Road Park Ridge, IL.
What are key features of this property?
This property features: Fully leased, recently renovated 8‑unit multi‑family building.; High‑end finishes throughout the 9,668 sq ft California‑style property.; Unit mix includes a 4‑bedroom, 3‑bath unit (with in‑law apartment), a 3‑bedroom, 2‑bath unit, and six 2‑bedroom, 2‑bath units.
