Ellsbury Commercial Group is pleased to present 17334 Ridgeland Ave, Tinley Park, IL, a 6-unit multifamily property offering both strong current income and significant upside potential.
The building spans 10,100 sq. ft. on a 10,019 sq. ft. lot (0.23 acres) and features a balanced unit mix: four 2-bedroom/1-bath units and two 1-bedroom/1-bath units. The property currently generates $10,650 in monthly rental income ($127,800 annually). Two units operate as short-term Airbnb rentals, capturing above-average rents and providing a diversified income profile.
With market rent adjustments and continued Airbnb optimization, stabilized gross income is projected to reach $145,000–$150,000 annually. This combination of reliable cash flow, value-add potential, and a desirable Tinley Park location makes this property an attractive multifamily investment opportunity.