Recently Renovated Eight-Unit
For Sale
Contact for pricing
20 S Dee Road, Park Ridge, IL 60068
Fully leased, recently renovated multifamily building with eight units, basement storage, and detached garages.
Property Size9,668 SF
Days on Market51
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
Additional Details
Highway Access
Yes
Multifamily Units
8
Building Details
Units
8
Tenancy
Multi
Listing Agency:
Millennium Properties R/E
(312) 338-3000
Listed By:
Daniel Hyman · License #IL 471.013658x
Source:
Crexi
Added: Jul 1
Changed: Aug 8
Last Checked: Aug 18 at 12:38PM
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
Investment Insights
Based on property information with market context.
This eight-unit, California-style multifamily property was recently renovated and is currently fully leased. The 9,668-square-foot building includes 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 is supported by a dedicated storage space in the basement, and residents have access to detached garages.
The property is located just south of Touhy on Dee Road in Park Ridge, Illinois. It is close to the Iroquois Woods Forest Preserve and within a short drive of I-294, providing convenient regional access. Park Ridge is described as a suburban community known for tree-lined streets and strong local amenities, with a range of nearby retail options including restaurants and essential services.
For investors and operators seeking a stabilized residential income asset, the property’s fully leased status and unit mix provide an immediately operating rental platform. The presence of basement storage and detached garages adds practical tenant functionality, while the recent renovation and in-law apartment configuration can support broader household needs across the unit types.
The property is located just south of Touhy on Dee Road in Park Ridge, Illinois. It is close to the Iroquois Woods Forest Preserve and within a short drive of I-294, providing convenient regional access. Park Ridge is described as a suburban community known for tree-lined streets and strong local amenities, with a range of nearby retail options including restaurants and essential services.
For investors and operators seeking a stabilized residential income asset, the property’s fully leased status and unit mix provide an immediately operating rental platform. The presence of basement storage and detached garages adds practical tenant functionality, while the recent renovation and in-law apartment configuration can support broader household needs across the unit types.
Key Highlights
- Fully leased 8‑unit multifamily building totaling 9,668 SF, recently renovated with high‑end finishes
- Unit mix: one 4BD/3BA unit with in‑law apartment, one 3BD/2BA unit, and six 2BD/2BA units
- Each unit includes a dedicated basement storage space
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
563
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully leased, recently renovated multifamily building with eight units, basement storage, and detached garages.
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 8‑unit multifamily building totaling 9,668 SF, recently renovated with high‑end finishes; Unit mix: one 4BD/3BA unit with in‑law apartment, one 3BD/2BA unit, and six 2BD/2BA units; Each unit includes a dedicated basement storage space
