Great investment opportunity with this well maintained 5-unit building. Roof is less than 10 years old. Newer windows & Doors. Coin-op washer and dryer on site. Building occupied with longtime tenants. Each unit has a storage locker. The building is all electric and tenants pay their own utilities.
Multi-familyProperty Type
1974Year Built
6,098 sq ftLot Size
$87Price/Sq.Ft.
8 spacesParking
Listed by Matthew Ward• Stapleton Brothers Realty
Bought with EJ Szinavel• Charles Rutenberg Realty of IL
Building is in solid condition, extremely well maintained by long term owners. Roof is 5-6 years old. Newer windows & Doors. The coin-op washer & dryer is owned by seller. All units are under lease with long time tenants. Each unit has a storage locker. See agent remarks for further tenant parking info. Bring your investors, this is an excellent investor property. All electric building, tenants pay their own bill.
Public Records
Aug 22, 2000
Sold
$300,000
$58/sq ft
Public Records
May 11, 1992
Sold
$170,000
$33/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$17,180 (+15.3%)
$5,731 + $44,227
$49,958
2022
$14,898 (+4.5%)
$4,956 + $33,067
$38,023
2021
$14,256 (+1.2%)
$4,956 + $33,067
$38,023
2020
$14,080 (−5.2%)
$4,956 + $33,067
$38,023
2019
$14,845 (+5.2%)
$4,492 + $33,525
$38,017
2018
$14,116 (−0.2%)
$4,492 + $33,525
$38,017
2017
$14,140 (+25.0%)
$4,492 + $33,525
$38,017
2016
$11,309 (+1.9%)
$3,717 + $24,631
$28,348
2015
$11,093 (+2.1%)
$3,717 + $24,631
$28,348
2014
$10,863 (+12.5%)
$3,717 + $24,631
$28,348
2013
$9,655 (+3.5%)
$3,717 + $23,982
$27,699
2012
$9,325 (+7.2%)
$3,717 + $23,982
$27,699
2011
$8,701 (−22.0%)
$3,717 + $23,982
$27,699
2010
$11,156 (+0.5%)
$3,717 + $35,320
$39,037
2009
$11,105 (+5.7%)
$3,717 + $35,320
$39,037
2008
$10,509 (−5.6%)
$5,948 + $35,143
$41,091
2007
$11,131
$5,700 + $38,375
$44,075
Tax history for 10650 Central Ave
Year
Property tax
Land + Additions
Assessment*
2023
$17,180 (+15.3%)
$5,731 + $44,227
$49,958
2022
$14,898 (+4.5%)
$4,956 + $33,067
$38,023
2021
$14,256 (+1.2%)
$4,956 + $33,067
$38,023
2020
$14,080 (−5.2%)
$4,956 + $33,067
$38,023
2019
$14,845 (+5.2%)
$4,492 + $33,525
$38,017
2018
$14,116 (−0.2%)
$4,492 + $33,525
$38,017
2017
$14,140 (+25.0%)
$4,492 + $33,525
$38,017
2016
$11,309 (+1.9%)
$3,717 + $24,631
$28,348
2015
$11,093 (+2.1%)
$3,717 + $24,631
$28,348
2014
$10,863 (+12.5%)
$3,717 + $24,631
$28,348
2013
$9,655 (+3.5%)
$3,717 + $23,982
$27,699
2012
$9,325 (+7.2%)
$3,717 + $23,982
$27,699
2011
$8,701 (−22.0%)
$3,717 + $23,982
$27,699
2010
$11,156 (+0.5%)
$3,717 + $35,320
$39,037
2009
$11,105 (+5.7%)
$3,717 + $35,320
$39,037
2008
$10,509 (−5.6%)
$5,948 + $35,143
$41,091
2007
$11,131
$5,700 + $38,375
$44,075
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
10
Baths
5
Stories
3
Lot width
—
Lot depth
—
Lot size
6,196 Sq. Ft.
Year renovated
—
Sq. Ft.
5,191
Year built
1974
Style
Multi-Family (5+ Unit)
County
Cook County
APN
24172090170000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 17, 2026.
R-3
Multifamily Residence District
The regulations set forth in this article, or set forth elsewhere in this chapter when referred to in this article, are the R-3 multifamily residence district regulations. The permissible uses hereinafter designated in this article are subject to the special use provisions of article XI of this chapter.
Permitted uses
Include but are not limited to:
Religious facility
Hospital / medical center
Housing-Multiple units
Housing-Other
Educational/school
Library
Park & open space
Property details
Parking
Parking Information
# of Parking Spaces: 8
1-5 Indoor Parking Spaces
1-5 Outdoor Parking Spaces
Interior
Equipment
Fire Protection: Fire Extinguisher(s), Smoke/Fire Protectors
# of Refrigerators: 5
# of Ranges: 5
# of Washers: 1
# of Dryers: 1
Heating & Cooling
Electric Heating
Window Air Conditioning Unit(s)
# of Window Air Conditioning Units: 5
Multi-Family Information
# of Units: 5
Tenant Pays Air Conditioning, Tenant Pays Electric
Unit 1 Information
# of Units of Type: 1
# of Rooms: 5
# of Beds: 2
# of Baths: 1
Monthly Income: $850
Maximum Monthly Income: $950
Unit 2 Information
# of Units of Type: 1
# of Rooms: 5
# of Beds: 2
# of Baths: 1
Monthly Income: $850
Maximum Monthly Income: $950
Unit 3 Information
# of Units of Type: 1
# of Rooms: 5
# of Beds: 2
# of Baths: 1
Monthly Income: $850
Maximum Monthly Income: $950
Unit 4 Information
# of Units of Type: 1
# of Rooms: 5
# of Beds: 2
# of Baths: 1
Monthly Income: $850
Maximum Monthly Income: $950
Unit 5 Information
# of Units of Type: 1
# of Rooms: 5
# of Beds: 2
# of Baths: 1
Monthly Income: $850
Maximum Monthly Income: $950
Unit 6 Information
# of Baths: 1
Exterior
Building Information
Built Before 1978
Age: 36-50 Years
Brick Exterior
Brick Construction
Concrete Foundation
Shingle Composition Roof
Gabled Roof
Property Features
Curbs and Gutters, Sidewalks
Lot Information
Sq. Ft.: 6196
Dimensions: 49 X 126
City Street Access
Zoning: MULTI
Property Information
Ownership Type: Individual
Current Use: Residential (Multi-Family)
Parcel Identification Number: 24172090170000
Financial
Financial Information
Tax: $14,139
Tax Year: 2017
Total Monthly Income: $4,650
Total Annual Income: $55,800
Gross Rental Income: $55,800
Gross Rent Multiplier: 7.6
Net Operating Income: $36,381
Net Operating Income Year: 2018
Finance Code: Conventional
Utilities
Utility Information
Circuit Breakers, Over 600 Amps
Location
Location Information
Township: Worth
Directions: CENTRAL N/S TO 106TH ST; WEST TO MAJOR; SOUTH TO 10625
Public facts
Beds: 10
Baths: 5.0
Sq. Ft.: 5,191
Stories: 3.0
Lot Size: 6,196 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1974
Year Renovated: —
County: Cook County
APN: 24172090170000
Home facts updated by county records on Sep 17, 2026
Other
Expense Information
Total Annual: $19,419
Total Annual Year: 2018
Listing Information
Possession: Closing, Negotiable
Seller Concessions: Yes
Seller Concessions Amount/Points: 24000
Around this home
Schools
Ridge Lawn Elementary School
Public PreK-5 • Assigned • 0.3mi
5/10
Elden D Finley Junior High School
Public 6-8 • Assigned • 0.7mi
5/10
Harold L. Richards High School
Public 9-12 • Assigned • 0.1mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 101° expected this year, 15 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
3/10 Air Factor
4 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Chicago Ridge, IL • 60415
Average low and high temperatures (°F)
30
16
39
23
56
35
63
44
71
50
83
64
87
70
83
65
81
60
69
49
52
38
37
24
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.3 hours in
June and 3.3 hours in December, placing it below the
U.S. average for solar exposure.