Sold
Last Sold Price
12 beds
5713 W 106th St, Chicago Ridge, IL 60415
Multi FamilyProperty Type
8,385 sq ftLot Size
1979Year Built

Description

Welcome to a fantastic investment opportunity! This newer 6-flat building features exclusively 2-bedroom units. Rehabilitated just 10 years ago, the property remains in excellent condition, ensuring low maintenance costs. Currently fully rented, this building promises a steady income stream from day one. Don't miss out on this turnkey investment - seize the chance to add a reliable asset to your portfolio today!Welcome to a fantastic investment opportunity! This newer 6-flat building features exclusively 2-bedroom units. Rehabilitated just 10 years ago, the property remains in excellent condition, ensuring low maintenance costs. Currently fully rented, this building promises a steady income stream from day one. Don't miss out on this turnkey investment - seize the chance to add a reliable asset to your portfolio today!

    Sold By KOMAR

    • Listed by: Maria Castillo 773.767.1616 mcastillo@micasarealtors.com • RE/MAX MI CASA
    Listing closed: 11/07/2024 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 12168667

    Recent comparable sales

    Median sold price

    $785,000

    Avg days on market

    16

    Sale-to-list ratio

    98.2%

    Chicago Ridge, IL

    9 comparable properties found

    $875,000 | 7101 West 99th Street, Chicago Ridge, IL 60415
    1/4
    1

    $875,000

    Sold 08/24/26

    11
    Bedrooms
    Unavailable
    Square Feet
    0.18
    Acres
    a view of a building with a street
    1/26
    2

    $857,500

    Sold 10/23/25

    10
    Bedrooms
    Unavailable
    Square Feet
    0.19
    Acres
    3

    $850,000

    Sold 11/07/24

    Unavailable
    Bedrooms
    6
    Bathrooms
    5,985
    Square Feet
    0.19
    Acres
    4

    $735,000

    Sold 11/12/24

    Unavailable
    Bedrooms
    6
    Bathrooms
    5,880
    Square Feet
    0.22
    Acres
    5

    $750,000

    Sold 04/30/25

    Unavailable
    Bedrooms
    6
    Bathrooms
    5,880
    Square Feet
    0.17
    Acres
    6

    $867,000

    Sold 06/11/26

    Unavailable
    Bedrooms
    6
    Bathrooms
    6,000
    Square Feet
    0.18
    Acres
    7

    $785,000

    Sold 06/29/26

    Unavailable
    Bedrooms
    5
    Bathrooms
    5,161
    Square Feet
    0.14
    Acres
    $680,000 | 10301 McVicker Avenue, Chicago Ridge, IL 60415
    1/21
    8

    $680,000

    Sold 06/02/26

    9
    Bedrooms
    4,350
    Square Feet
    0.18
    Acres
    $637,500 | 10500 Lyman Avenue, Chicago Ridge, IL 60415
    1/44
    9

    $637,500

    Sold 08/28/26

    6
    Bedrooms
    Unavailable
    Square Feet
    0.19
    Acres

    Location

    Add your commute

    Payment Calculator

    Get preapproved with
    OriginPoint Mortgage or Rocket Mortgage1

    $5,606 per month

    30 year fixed, 6.55% Interest

    Principal and Interest

    $4,320

    Property Taxes

    $1,286

    HOA Dues

    $0

    The Payment Calculator is for illustrative purposes only.

    Know your buying power with a preapproval and custom rate in minutes

    Rocket Mortgage1

    Property Information for 5713 West 106th Street

    Property Details
    • Taxes: $15,431 / year
    • MLS Type: Multi Family 5+ / Corridor-Interior Entrance
    • County: Cook County
    • Area: Chicago Ridge
    • Township: Worth
    • Air Conditioning Type: Wall Sleeve
    • Zoning: MULTI
    Building Information
    • Stories: 3
    • Residences: 6
    • Year Built: 1979
    • Lot Size: 0.19 AC / 8,385 SF
    General Information
    Location and General Information
    • Information: 24-Hr Notice Required,List Broker Must Accompany
    Taxes and HOA Information
    • Additional Parcels: No
    Property Information
    Interior Features
    • Air Conditioning: Wall Sleeve
    • # Of Washers: 1
    • Basement Description: Partially Finished
    • Heat/Ventilation: Central Bldg Heat,Hot Water,Baseboard
    • # Of Window/Ac: 6
    • # Of Refrigerators: 6
    • Washer/Dryer Lsd: No
    • # Of Dryers: 1
    • Num of Baths: 6.0
    Property/Lot Information
    • Owners Association: No
    • Tenant Pays: Electricity
    • Built Before 1978: No
    • Approximate Age: 26-35 Years
    • Multi-Family Type: Corridor-Interior Entrance,Flats
    • Lot Dimensions: 0
    • Lot Size Square Feet: 8385.0
    • Stories: 3
    • Exterior Building Type: Brick
    • Construction: Brick
    • Fire Protection: Alarm Monitored,Sprinklers-Dry
    • Building Area Total: 5985
    • Lot Size Source: County Records
    • # Of Ranges: 6
    • MRD_UNC: No
    Property and Assessments
    • Buyer Financing: Conventional
    • Public Document Count: 3
    • Document Date: 2024-09-25T16:12:37
    • Photos Count: 5
    Miscellaneous
    • Current Use: Multi-Family
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No
    Multi Family
    Multi-Family Information
    • Number Of Units Total: 6
    Income & Expenses
    • Electric Expense: $731.00
    • Fuel Expense: $3,981.00
    • Gross Income: $93,804.00
    • Gross Scheduled Income: $93,520.00
    • Insurance Expense: $2,540.00
    • Maintenance Expense: $.00
    • Electric Expense Source: Actual
    • Expense Year: 2023
    • Total Annual Expense Source: Actual
    • Fuel Expense Source: Actual
    • Insurance Expense Source: Actual
    • Janitor Expense: 0
    • Trash Expense Source: Actual
    • Total Monthly Income: 7817
    • Water Expense Source: Actual
    • Net Operating Income: $64,962.00
    • Operating Expense: $28,842.00
    • Other Expense: $.00
    • Trash Expense: $1,748.00
    • Water Sewer Expense: $4,411.00
    Unit 1
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 1
    • Unit Type Units Total: 6
    Unit 2
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 2
    • Unit Type Units Total: 0
    Unit 3
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 3
    • Unit Type Units Total: 0
    Unit 4
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 4
    • Unit Type Units Total: 0
    Unit 5
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 5
    • Unit Type Units Total: 0
    Unit 6
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 6
    • Unit Type Units Total: 0
    Unit 7
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 7
    • Unit Type Units Total: 0

    Property History for 5713 West 106th Street

    DateEvent & SourcePriceAppreciation
    Nov 7, 2024

    Sold

    MRED #12168667

    $850,000
    Oct 2, 2024

    Pending

    MRED #12168667

    Oct 2, 2024

    Contingent

    MRED #12168667

    DateEvent & SourcePrice
    11/07/2024

    Sold

    MRED #12168667

    $850,000
    10/02/2024

    Pending

    MRED #12168667

    10/02/2024

    Contingent

    MRED #12168667

    For completeness, we often displays two records for one sale: the MLS record and the public record.

    Schools near 5713 West 106th Street

    This home is within Chsd 218 School District.
    Rating
    School
    Type
    Grades
    Distance
    Public - PK to 5
    Public - 6 to 8
    Public - 9 to 12
    Public - 9 to 12
    Rating
    School
    Distance
    Ridge Lawn Elementary School
    PublicPK to 5

    Elden D Finley Jr High School
    Public6 to 8

    Harold L. Richards High School
    Public9 to 12

    Delta Learning Center
    Public9 to 12

    School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

    Similar Homes

    New listings in 60415

    $569,000 | 10832 Massasoit Avenue, Chicago Ridge, IL 60415
    1/30
    Listed By @propertiesOpen: 9/5 11:00AM - 12:30PM

    $569,000

    4
    Bedrooms
    3,212
    Square Feet
    0.15
    Acres
    $155,000 | 7005 99th Street, Unit 2W, Chicago Ridge, IL 60415
    1/7
    New

    $155,000

    2
    Bedrooms
    1,000
    Square Feet
    $341,900 | 6520 Ridge Drive, Chicago Ridge, IL 60415
    1/26
    Contingent

    $341,900

    3
    Bedrooms
    1,072
    Square Feet
    0.22
    Acres
    $224,900 | 5746 106th Street, Unit 1D, Chicago Ridge, IL 60415
    1/29

    $224,900

    2
    Bedrooms
    1,012
    Square Feet
    $359,900 | 11009 Mansfield Avenue, Chicago Ridge, IL 60415
    1/29

    $359,900

    3
    Bedrooms
    1,600
    Square Feet
    0.16
    Acres
    $352,000 | 6534 107th Street, Chicago Ridge, IL 60415
    1/42

    $352,000

    3
    Bedrooms
    1,137
    Square Feet
    0.17
    Acres
    $156,900 | 10430 Ridgeland Avenue, Unit 6, Chicago Ridge, IL 60415
    1/21

    $156,900

    2
    Bedrooms
    1,000
    Square Feet
    a front view of a house with yard and green space
    1/28

    $245,900

    2
    Bedrooms
    1,200
    Square Feet
    $294,999 | 6512 102nd Place, Chicago Ridge, IL 60415
    1/14
    ContingentVirtual Tour

    $294,999

    3
    Bedrooms
    1,072
    Square Feet
    0.17
    Acres

    Nearby home values

    No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

    Listing Courtesy of RE/MAX MI CASA

    Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 11/13/2024 09:41 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.