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18-Unit Multifamily Building
For Sale
$2,500,000

9826 Sayre Ave, Chicago Ridge, IL 60415

Fully occupied apartment property with updated interiors, private outdoor space, on-site laundry, and rear parking.

Property SizeContact for details
Days on Market336

Property Features for 9826 Sayre Ave

General Information

Standard status Active
Total Parking Spaces 24
Zoning R3
Occupancy 100%

Units

Unit Mix 8 x 1BR/1BA, 10 x 2BR/1BA
Multifamily Units 18

Amenities

on-site laundry
storage spaces
private patios or balconies
monitored fire alarm system
HD video security system
Listing Agency: eXp Commercial LLC
Listed By: Dave Snehal, CCIM · License #475.164746
Source: Expcommercial
Added: Sep 29, 2025 Changed: Aug 29 Last Checked: Aug 29 at 4:59PM

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 eXp Commercial LLC

Investment Insights

Based on property information with market context.

This R3-zoned multifamily property contains 18 apartments, including eight one-bedroom/one-bathroom units and ten two-bedroom/one-bathroom units. Six apartments have recently been renovated, and all units feature upgraded vinyl flooring, open living and dining arrangements, exposed brick details, baseboard heat, and AC sleeve units. A high-efficiency boiler system supports the building’s heating service.

Resident amenities include an on-site laundry room with owned washers and dryers, tenant storage, and a private patio or balcony for every apartment. The property also provides 24 numbered rear parking spaces along with additional off-street parking. A monitored fire alarm, nearby fire hydrant, and recently installed HD video security system are in place.

The property is located at 9826 Sayre Ave in Chicago Ridge, Illinois, approximately 14 miles southwest of downtown Chicago, and is fully occupied.

Key Highlights

  • 18‑unit property with eight one‑bedroom and ten two‑bedroom apartments
  • Six units recently renovated; all apartments include upgraded vinyl flooring
  • High‑efficiency boiler with baseboard heating and AC sleeve units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Daycare Center Home Appliance Store Plumbing Service Pet Grooming Service Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

18
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

783
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully occupied apartment property with updated interiors, private outdoor space, on-site laundry, and rear parking.
Where is this apartment building located?
The property is located at 9826 Sayre Ave Chicago Ridge, IL.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 18‑unit property with eight one‑bedroom and ten two‑bedroom apartments; Six units recently renovated; all apartments include upgraded vinyl flooring; High‑efficiency boiler with baseboard heating and AC sleeve units
More about this property
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