70-Unit Multifamily
For Sale
Contact for pricing
Pending
908 Ridge Square, Elk Grove Village, IL 60007
Investment portfolio of one-bedroom residences within an eight-building condominium community with a clubhouse and park-like setting.
Property SizeContact for details
Days on Market147
Property Features for 908 Ridge Square
General Information
Standard status
Pending
Property subtype
Multifamily
Units
Unit Mix
67 x 1BR/1BA (600 SF), 3 x 1BR/1BA (900 SF)
Multifamily Units
70
Building Details
Year Built
1973
Buildings
7
Listing Agency:
CBRE - Chicago
Listed By:
Justin Ross · License #IL 475151928
Source:
Crexi
Added: Apr 10
Changed: Sep 2
Last Checked: Sep 2 at 2:50AM
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 CBRE - Chicago
Investment Insights
Based on property information with market context.
The offering includes 70 condominium residences held as a multifamily investment portfolio within a larger 426-unit residential complex. The community contains eight buildings and a clubhouse, with portfolio units located in seven buildings. The original improvements date to 1973, and the residences were converted to condominiums in 2007.
Each residence has one bedroom and one bathroom. The stated unit mix includes 67 units measuring 600 SF, with the remaining units measuring 900 SF. Across the broader complex, 356 units were sold individually as condominiums while 70 units remain in the investment portfolio. The property is located at 908 Ridge Square in Elk Grove Village, Illinois.
Each residence has one bedroom and one bathroom. The stated unit mix includes 67 units measuring 600 SF, with the remaining units measuring 900 SF. Across the broader complex, 356 units were sold individually as condominiums while 70 units remain in the investment portfolio. The property is located at 908 Ridge Square in Elk Grove Village, Illinois.
Key Highlights
- 70‑unit portfolio of condominium residences
- All units feature a one‑bedroom, one‑bathroom layout
- 67 units measure 600 SF; remaining units measure 900 SF
Property Analytics
Property Profile
Current Use
Lease Details
70
Residential units
Location Intelligence
Trade Area within ½ mile
165
Businesses Nearby
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Business Placement
Demographics for 60007, IL
33,670
Population
13,580
Households
2.5
Avg Household Size
45
Median Age
41%
College-Educated
92%
High-School Grad
18.1 sq mi
ZIP Area
1,860
Density / Sq Mi
$95,240
Median Household Income
$54,762
Median Earnings
$1,574
Median Rent
$334,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Investment portfolio of one-bedroom residences within an eight-building condominium community with a clubhouse and park-like setting.
Where is this multifamily property located?
The property is located at 908 Ridge Square Elk Grove Village, IL.
What are key features of this property?
This property features: 70‑unit portfolio of condominium residences; All units feature a one‑bedroom, one‑bathroom layout; 67 units measure 600 SF; remaining units measure 900 SF
