We're to present to market 9826 South Sayre Avenue, a fully occupied 18-unit multifamily property in the desirable suburb of Chicago Ridge, Illinois, located 14 miles southwest of downtown Chicago. The property offers a balanced unit mix of eight one-bedroom/one-bathroom units and ten two-bedroom/one-bathroom units, with six recently renovated units to appeal to today's renters. The property has been well maintained, with recent capital improvements that include a high-efficiency boiler heating system, ensuring lower future maintenance concerns and efficient operations for new ownership.
The median home value in Chicago Ridge, IL is $212,500. This is lower than the county median home value of $279,800. The national median home value is $338,100. The average price of homes sold in Chicago Ridge, IL is $212,500. Approximately 51.35% of Chicago Ridge homes are owned, compared to 39.94% rented, while 8.72% are vacant. Chicago Ridge real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Chicago Ridge real estate agent to arrange a tour today!
Chicago Ridge, Illinois has a population of 14,413. Chicago Ridge is more family-centric than the surrounding county with 36.12% of the households containing married families with children. The county average for households married with children is 29.73%.
The median household income in Chicago Ridge, Illinois is $56,494. The median household income for the surrounding county is $72,121 compared to the national median of $69,021. The median age of people living in Chicago Ridge is 35.7 years.
The average high temperature in July is 84.1 degrees, with an average low temperature in January of 19.6 degrees. The average rainfall is approximately 39.1 inches per year, with 33 inches of snow per year.