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    7000 Oconnell Dr, Unit 103 Chicago Ridge, IL 60415

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    For Sale
    $164,900

    Updated 2-bedroom condo with stainless steel appliances and in-unit laundry.

    Property size:
    900 SF

    Property Features for 7000 Oconnell Dr

    General Information

    Size
    900 SF

    Building Details

    Year built
    1978

    Source: Keller Williams Preferred Realty Agent Jermaine Coney

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Updated Condo with Modern Amenities

    This updated condo features 2 bedrooms and 1 bathroom, offering both comfort and convenience. The modern kitchen is equipped with stainless steel appliances, including a stove, refrigerator, and microwave, complemented by white cabinetry, sleek countertops, and a stylish backsplash. The unit includes in-unit laundry with a washer and dryer. The spacious living room and dining area provide a warm, inviting layout with access to a private patio. Both bedrooms are generously sized and offer ample closet space. A storage locker in the basement provides additional convenience. The property is located minutes from shopping, dining, and commuter services. The property size is 900 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Food Market Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago Ridge
    County
    Cook
    State
    Illinois
    Longitude
    -87.794251
    Latitude
    41.711457

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    FAQs

    What type of property is this?
    Apartment building - Updated 2-bedroom condo with stainless steel appliances and in-unit laundry.
    Where is this apartment building located?
    The property is located at 7000 Oconnell Dr, Unit 103 Chicago Ridge, IL.
    What is the asking price?
    The asking price for this property is $164,900.
    What are key features of this property?
    This property features: - Prime location: Minutes from shopping, dining, and commuter services.; - Updated kitchen: Features stainless steel appliances, white cabinetry, sleek countertops, and stylish backsplash.; - In-unit laundry: Includes washer and dryer.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7000 Oconnell Dr, Unit 103 Chicago Ridge, IL 60415
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