Two-Building Apartment
For Sale
Contact for pricing
7040-7044 W Mather Ave, Chicago Ridge, IL 60415
Multifamily property with renovated exterior components and convenient access to bus service and I-294.
Property SizeContact for details
Days on Market143
Property Features for 7040-7044 W Mather Ave
General Information
Standard status
Active
Property subtype
Multifamily
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
2 x studio, 10 x 1BR
Multifamily Units
12
Building Details
Buildings
2
Listing Agency:
SVN | Chicago Commercial
(708) 289-0297
Listed By:
James Mead · License #IL 471012893
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 29 at 4:30PM
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 SVN | Chicago Commercial
Investment Insights
Based on property information with market context.
This multifamily offering includes two apartment buildings with a combined 12 units. Each building contains one studio apartment and five one-bedroom apartments, creating a consistent unit mix across the property. Recent work includes replacement windows, a new roof, and improvements to the parking lot.
The property is located 1/2 mile from the I-294 95th Street Interchange and two blocks from the Harlem Avenue bus line. Its apartment configuration and completed exterior improvements provide a straightforward format for residential income ownership.
The property is located 1/2 mile from the I-294 95th Street Interchange and two blocks from the Harlem Avenue bus line. Its apartment configuration and completed exterior improvements provide a straightforward format for residential income ownership.
Key Highlights
- Two apartment buildings totaling 12 units
- Each building includes 1 studio and 5 one‑bedroom apartments
- Recent window replacement, roof work, and parking lot improvements
Property Analytics
Current Use
Lease Details
12
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
709
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily property with renovated exterior components and convenient access to bus service and I-294.
Where is this apartment building located?
The property is located at 7040-7044 W Mather Ave Chicago Ridge, IL.
What are key features of this property?
This property features: Two apartment buildings totaling 12 units; Each building includes 1 studio and 5 one‑bedroom apartments; Recent window replacement, roof work, and parking lot improvements
