The unit mix is comprised of four one-bedroom / one-bathroom units and eight two-bedroom / one-bathroom units measuring approximately 800 and 1,000 square feet, respectively. The property features ample off-street parking and an on-site laundry facility. The property is surrounded by public schools, local parks, retail stores, grocery markets, and restaurants. Chicago Ridge Mall, Ford City Mall, and Rivercrest Shopping Center are all within a five-mile radius. This investment offers an investor the opportunity to acquire a fully occupied, well-maintained asset in a desirable Chicago Ridge location.
Multi-familyProperty Type
1971Year Built
0.29 acresLot Size
Listed by Jordan Apostolov• RPM Real Estate
Bought with Colleen Runyon• Keller Williams Rlty Partners
The subject property at 5700 108th Street consists of four one-bedroom / one-bathroom units and eight two-bedroom / one-bathroom units measuring approximately 700 and 800 square feet, respectively. The property features ample off street parking and on-site laundry. This investment offers an investor the opportunity to acquire a fully occupied, well-maintained asset in a desirable Chicago Ridge location.
Public Records
Mar 31, 2005
Sold
$830,000
Public Records
Feb 26, 2003
Sold
$605,000
Public Records
Sep 1, 2000
Sold
$425,000
Public Records
Jun 5, 1989
Sold
$318,000
Public Records
Jan 3, 1986
Sold
$285,000
Public Records
Nov 26, 1980
Sold
$260,000
Public Records
Sep 14, 1978
Sold
$200,000
Year
Property tax
Land + Additions
Assessment*
2023
$17,434 (−47.7%)
$7,618 + $46,134
$53,752
2022
$33,356 (+4.5%)
$8,253 + $76,882
$85,135
2021
$31,919 (−22.2%)
$8,253 + $76,882
$85,135
2020
$41,009 (+152.4%)
$8,253 + $102,490
$110,743
2019
$16,251 (+5.2%)
$9,206 + $32,411
$41,617
2018
$15,453 (−0.2%)
$9,206 + $32,411
$41,617
2017
$15,479 (−19.1%)
$9,206 + $32,411
$41,617
2016
$19,135 (+1.9%)
$8,571 + $39,396
$47,967
2015
$18,771 (+2.1%)
$8,571 + $39,396
$47,967
2014
$18,382 (+21.0%)
$8,571 + $39,396
$47,967
2013
$15,195 (+3.5%)
$8,571 + $35,022
$43,593
2012
$14,677 (+7.2%)
$8,571 + $35,022
$43,593
2011
$13,693 (+3.9%)
$8,571 + $35,022
$43,593
2010
$13,174 (+0.5%)
$5,714 + $40,384
$46,098
2009
$13,114 (−41.0%)
$5,714 + $40,384
$46,098
2008
$22,244 (−4.1%)
$9,142 + $77,835
$86,977
2007
$23,189
$9,142 + $82,682
$91,824
Tax history for 5700 108th St
Year
Property tax
Land + Additions
Assessment*
2023
$17,434 (−47.7%)
$7,618 + $46,134
$53,752
2022
$33,356 (+4.5%)
$8,253 + $76,882
$85,135
2021
$31,919 (−22.2%)
$8,253 + $76,882
$85,135
2020
$41,009 (+152.4%)
$8,253 + $102,490
$110,743
2019
$16,251 (+5.2%)
$9,206 + $32,411
$41,617
2018
$15,453 (−0.2%)
$9,206 + $32,411
$41,617
2017
$15,479 (−19.1%)
$9,206 + $32,411
$41,617
2016
$19,135 (+1.9%)
$8,571 + $39,396
$47,967
2015
$18,771 (+2.1%)
$8,571 + $39,396
$47,967
2014
$18,382 (+21.0%)
$8,571 + $39,396
$47,967
2013
$15,195 (+3.5%)
$8,571 + $35,022
$43,593
2012
$14,677 (+7.2%)
$8,571 + $35,022
$43,593
2011
$13,693 (+3.9%)
$8,571 + $35,022
$43,593
2010
$13,174 (+0.5%)
$5,714 + $40,384
$46,098
2009
$13,114 (−41.0%)
$5,714 + $40,384
$46,098
2008
$22,244 (−4.1%)
$9,142 + $77,835
$86,977
2007
$23,189
$9,142 + $82,682
$91,824
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
—
Baths
—
Stories
3
Lot width
—
Lot depth
—
Lot size
0.29 Acres
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Multi-Family (5+ Unit)
County
Cook County
APN
24174120170000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 11, 2026.
Property details
Interior
Heating & Cooling
Gas Heating, Hot Water Heating
Multi-Family Information
# of Units: 12
Tenant Pays Electric
Unit 1 Information
# of Units of Type: 8
# of Rooms: 3
# of Beds: 2
# of Baths: 1
Monthly Income: $895
Maximum Monthly Income: $975
Unit 2 Information
# of Units of Type: 4
# of Rooms: 2
# of Beds: 1
# of Baths: 1
Monthly Income: $750
Maximum Monthly Income: $875
Exterior
Building Information
Built Before 1978
Age: 36-50 Years
Lot Information
Dimensions: 12698
Zoning: MULTI
Property Information
Parcel Identification Number: 24174120170000
Financial
Financial Information
Tax: $19,135
Tax Year: 2016
Total Monthly Income: $11,300
Total Annual Income: $124,209
Gross Rental Income: $135,600
Gross Rent Multiplier: 6.98
Net Operating Income: $71,956
Finance Code: Conventional
Location
Location Information
Township: WORTH
Directions: Menard Ave N/S, E on 108th to Subuject on North
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: 3.0
Lot Size: 0.29 acres
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Cook County
APN: 24174120170000
Home facts updated by county records on Jul 11, 2026
Other
Expense Information
Total Annual: $52,253
Electricity: $700
Listing Information
Seller Concessions: Yes
Seller Concessions Amount/Points: 18400
Around this home
Schools
Ridge Central Elementary School
Public PreK-5 • Assigned • 0.5mi
6/10
Elden D Finley Junior High School
Public 6-8 • Assigned • 0.6mi
5/10
Harold L. Richards High School
Public 9-12 • Assigned • 0.3mi
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
84
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.