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$1,525,000
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Property Description
An exceptional opportunity to own a 12-unit all-brick multifamily building with strong rental appeal and a prime location just steps from Commissioners Park. This well-maintained property features eight 2-bedroom units and four 1-bedroom units, with 10 units offering private balconies for added tenant enjoyment. Key Highlights: Tenant-paid electric and cooking gas - each unit has its own electric meter. All units remodeled (except one) - modern finishes and move-in ready. New patio doors and windows throughout - replaced within the past 4 years. Hot water heater replaced in 2017. All units include refrigerator, stove, and window A/C unit. 17 dedicated parking spaces plus a detached 2.5-car garage. Walking distance to parks, recreation, and amenities. This turnkey investment is perfect for both seasoned and first-time investors seeking a low-maintenance property with excellent features, updated mechanicals, and consistent cash flow. Don't miss out on this rare opportunity to own a stable, income-producing asset in a sought-after location!
Full Property Details
Full Property Details for 5810 107th Ct Way
General
- Sold For: $1,525,000
- Taxes: $26,869 (2023)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12397766
- Added to Site: 189 day(s) ago
Location
- Area: Chicago Ridge
- County: Cook
- Driving Directions: 107th st east or west to 107th ct way north to parking lot and turn right to follow parking lot and drive along back to building.
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Radiators
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Stories/Levels: 2
- Year Built: 1963
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 12
- Units w/Range/Oven: 12
- # Dryers: 2
Lot Features
- Lot Size (Acres): 0.57
- Lot Size (Sq. Ft.): 25,022
- Lot Dimensions: 110 x 213
- Zoning: MULTI
Financial Considerations
- Operating Expenses: $20,842
- Assessment Year: 1963
- Tax Amount: $26,869.81
- Tax Year: 2023
- Tenant Pays: Electricity, Other
Disclosures and Reports
- Property ID: 24172190620000
Listed by Re/Max 10
Sold by Non Member
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Schools
Schools serving 5810 107th Ct Way
School Districts:Chicago Ridge School District 127-5, Community High School District 218
| Name | Grades | Distance |
|---|---|---|
Ridge Central Elementary School 10800 Lyman Avenue, Chicago Ridge, IL 60415 | PK-5 | 0.4 mi |
Elden D Finley Jr High School 10835 Lombard Avenue, Chicago Ridge, IL 60415 | 6-8 | 0.5 mi |
H L Richards High Sch(Campus) 10601 Central Avenue, Oak Lawn, IL 60453 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5810 107th Ct Way
Date
Details
Price
Change
Source
12/30/2025
Sold
$1,525,000
-6.15%
MLS
9/05/2025
Price Reduced
$1,625,000
-4.13%
MLS
8/12/2025
Price Reduced
$1,695,000
-3.14%
MLS
7/29/2025
Price Reduced
$1,750,000
-5.41%
MLS
7/10/2025
Listed
$1,850,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5810 107th Court Way, Chicago Ridge, IL 60415 (MLS# 12397766) is a Commercial property that was sold at $1,525,000 on December 30, 2025. Want to learn more about 5810 107th Court Way? Do you have questions about finding other Commercial real estate for sale in Chicago Ridge? You can browse all Chicago Ridge real estate or contact a Coldwell Banker agent to request more information.

