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    5810 107Th Court Way Chicago Ridge, IL 60415

    Under Contract
    For Sale
    $1,625,000

    Commercial Sale - Chicago Ridge, IL

    Lot size:
    0.57 Acres
    Days on Market:
    92
    Last Refresh:
    Dec 15 at 5:06 am

    Property Features for 5810 107Th Court Way

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    MULTI
    APN
    24172190620000
    Lot size
    0.57 Acres

    Utilities

    Cooling system
    Multi Units, Window Unit(s)

    Building Details

    Year built
    1963
    Number of units
    12
    Architectural style
    Other

    Remax 10 (708) 857-1500 [email protected]

    Listing agent Sheila Yakutis (708) 429-4300 License #475123265

    Listing date Sep 15, 2025

    MLS# 12397766 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multifamily Building Near Commissioners Park

    This 12-unit all-brick multifamily building presents an opportunity for ownership, featuring a location near Commissioners Park. The property includes eight 2-bedroom units and four 1-bedroom units. Ten units feature private balconies. Tenant-paid electric and cooking gas are facilitated by individual electric meters for each unit. All but one unit have been remodeled with modern finishes. New patio doors and windows have been installed throughout the building within the past 4 years. A hot water heater was replaced in 2017. Each unit is equipped with a refrigerator, stove, and window A/C unit. The property provides 17 dedicated parking spaces, along with a detached 2.5-car garage. The location offers walking distance to parks, recreation, and amenities. Situated on a 0.57-acre lot in Chicago Ridge, Illinois, this property is positioned as an investment for both experienced and new investors. The property is located in Cook County, with a MULTI zoning designation.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago Ridge
    County
    Cook
    State
    Illinois
    Longitude
    -87.764913
    Latitude
    41.6985

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    FAQs

    What type of property is this?
    Apartment building - 12-unit multifamily building with remodeled units and strong rental appeal.
    Where is this apartment building located?
    The property is located at 5810 107Th Court Way Chicago Ridge, IL.
    What is the asking price?
    The asking price for this property is $1,625,000.
    What are key features of this property?
    This property features: - Prime location steps from Commissioners Park.; - Turnkey investment with 12 units (8 two-bedroom, 4 one-bedroom).; - 10 units with private balconies.
    (708) 429-4300
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5810 107Th Court Way Chicago Ridge, IL 60415
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