$895,000

10634 Parkside Ave Chicago Ridge, IL 60415

Estimated payment $6,514/month

Total Views 1,138
-- Bed
-- Bath
5,850 Sq Ft
$153 Price per Sq Ft

Highlights

  • Popular Property
  • Storage Room
  • Baseboard Heating

About This Home

Turnkey 6-Unit All-Brick Investment Property - Updated and Well-Maintained! Excellent opportunity to own a fully leased, all-brick 6-unit apartment building in outstanding condition! This solid investment features two spacious 1-bedroom units and four desirable 2-bedroom units, offering strong rental appeal and steady cash flow.Key features include:10 on-site parking spaces - ample parking for all tenants. Common area laundry room with washer, dryer, and utility sink. Newer windows, newer boiler, and roof approximately 5 years old. Freshly resurfaced parking lot and fresh interior paint. Each unit includes a wall A/C unit, approximately 5 years old. This low-maintenance property is ideal for the savvy investor looking for a stabilized asset with updated mechanicals and strong rental performance. Prime setup for easy management with tenants responsible for electric and laundry income potential on-site. Don't miss your chance to own this turnkey building with long-term value!

Listing Agent

Sheila Yakutis

RE/MAX 10 License #475123265 Listed on: 07/10/2025

RE/MAX 10

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,686

Year Built

  • Built in 1972

Lot Details

  • 8,400 Sq Ft Lot
  • Lot Dimensions are 50x168

Parking

  • 6 to 12 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 5,850 Sq Ft Home
  • 3-Story Property
  • Storage Room

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Hot Water Heating System
  • Separate Meters

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $480
  • Fuel Expense $3,198
  • Insurance Expense $5,286
  • Maintenance Expense $1,750
  • Trash Expense $1,968
  • Water Sewer Expense $3,996
  • Operating Expense $16,678
  • Gross Income $93,600
  • Net Operating Income $76,922

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,686

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Corridor-Interior Entrance,Flats
  • Stories: 3
  • Year Built: 1972
  • Built Before 1978 (Y/N): Yes
  • New Construction Y/N: No
  • Information: No Sign on Property
  • Estimated Age: 36-50 Years
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Possible Use: Multi-Family
  • Fire Protection: Fire Extinguisher/s,Smoke or Fire Protectors
  • Misc Inside: Inside Corridor/s,Storage Inside
  • Fireplaces: 1
  • Refrigerators: 6
  • Ranges: 6
  • Number of Windows: 6
  • Number of Washers: 1
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Frontage Type: City Street
  • List Price: 895000
  • Roof: Composition
  • Misc Outside: Storms and Screens (as exist)

Garage/Parking

  • Outdoor Parking: 6-12 Spaces

Utilities

  • Cooling: Wall Sleeve
  • Electric: Circuit Breakers, Separate Meters
  • Utilities: Sewer Connected, Water Available
  • Heat/Ventilation: Hot Water,Baseboard
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

  • Unincorporated (Y/N): No
  • Owners Association (Y/N): No

Fee Information

  • Trash Expense: 1968
  • Water Sewer Expenses: 3996
  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50X168
  • Lot Size Sq Ft: 8400
  • Zoning: MULTI
  • Land Amenities: Curbs and Gutters,Sidewalks

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 10

Building Info

  • BuildingAreaTotal: 5850

Multi Family

  • Net Operating Income: 76922
  • Fuel Expense: 3198
  • Insurance Expense: 5286
  • ElectricExpense: 480
  • GrossIncome: 93600
  • Maintenance Expense: 1750
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 16678
  • Type Multi-Family: Corridor-Interior Entrance,Flats

Tax Info

  • Tax Annual Amount: 18686.03
  • Tax Year: 2023

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 For Sale $895,000 0.0% $153 / Sq Ft
07/10/2025 07/10/25 Price Changed $895,000 -- $153 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Similar Home in the area

  • 9805 Ridgeland Ave, Oak Lawn, IL 60453

    $825,000

    • 4 Beds
    • 4 Baths
    • 9805 Ridgeland Ave
    • Oak Lawn, IL

    Incredible opportunity! CUSTOM BUILT 4 unit building in prime OAK LAWN location. Solid brick and flexicore building features spacious units with two bedrooms, large kitchen, ample storage apace, and two bathrooms. Large laundry room with coin operated washer and dryer for extra income. Garage parking for 6 cars plus additional parking lot. Conveniently located across the street from Chicago Ridge

    Christine Wilczek & Jason Bacza Realty Executives Elite

    Section Image

Source: Midwest Real Estate Data (MRED)

MLS Number: 12397736

Midwest Real Estate Data (MRED)

APN: 24-17-208-006-0000