Closed
$1,350,000
5791 N Ridge Ave, Chicago, IL 60660
8beds
--sqft
Multi Family
Built in 1932
-- sqft lot
$1,376,500 Zestimate®
$--/sqft
$2,571 Estimated rent
Home value
$1,376,500
$1.24M - $1.53M
$2,571/mo
Zestimate® history
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Owner options
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What's special
Rare Investment Opportunity in Edgewater! Welcome to 5791 N Ridge Ave - a beautifully maintained legal 4-unit brick building offering strong rental income and long-term value. With extensive updates throughout, this is a true turnkey property ideal for both seasoned investors and first-time multi-unit buyers. The building features three spacious 2 bed / 2 bath units, plus a 2 bed / 1 bath garden apartment. Each unit offers hardwood floors, stylish kitchens, updated bathrooms, in-unit laundry. 1st, 2nd, and 3rd floor each has a gas fireplace and individual mechanicals. Major capital improvements include: * 2010 full remodel: new electrical, plumbing, building & garage roofs, 4 boilers, 4 A/C units, and all new appliances * Furnace upgrades: 3rd floor (2010), basement (2011), 2nd floor (2013) * Ongoing updates: dishwashers, microwaves, washers/dryers, hot water heater (2022), garage tuckpointing (2011), masonry repairs (2023) * Iron fence (2016) adds curb appeal and privacy Located in Edgewater, a highly desireable communite with public transportation, shops, and restaurants. Currently, the building is self-managed, and the saving is then passed on to the tenants. The current rent is below market value because tenants are long-time, stable tenants. A rare opportunity to own an income-producing asset in one of Chicago's consistent North Side rental markets. Don't miss it!
Zillow last checked: 8 hours ago
Listing updated: August 12, 2025 at 12:12pm
Listing courtesy of:
Sharon Luo 847-922-3284,
RE/MAX Suburban
Bought with:
Alys Baldwin
Virtue Realty, LLC
Source: MRED as distributed by MLS GRID,MLS#: 12381656
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 7
- Full bathrooms: 7
Heating
- Forced Air
Features
- Basement: Partially Finished,Exterior Entry,Partial
Property
Parking
- Total spaces: 2
- Parking features: On Site, Detached, Garage
- Garage spaces: 2
Lot
- Size: 3,750 sqft
- Dimensions: 30X125
Details
- Parcel number: 14053120100000
- Zoning: MULTI
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Other
Condition
- New construction: No
- Year built: 1932
- Major remodel year: 2010
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & neighborhood
Community
- Community features: Curbs, Sidewalks, Street Lights, Street Paved
Location
- Region: Chicago
Other
Other facts
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 8/12/2025 | Sold | $1,350,000+8% |
Source: | ||
| 6/12/2025 | Contingent | $1,250,000 |
Source: | ||
| 6/5/2025 | Listed for sale | $1,250,000+239.7% |
Source: | ||
| 5/19/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 5/17/2022 | Listed for rent | $1,450 |
Source: Zillow Rental Manager Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $10,760 +2.6% | $51,000 |
| 2022 | $10,490 +2.3% | $51,000 |
| 2021 | $10,256 +8% | $51,000 +19.7% |
Find assessor info on the county website
Neighborhood: Edgewater
Nearby schools
GreatSchools rating
- 5/10Peirce Elementary Intl Studies SchoolGrades: PK-8Distance: 0.3 mi
- 4/10Senn High SchoolGrades: 9-12Distance: 0.1 mi
Schools provided by the listing agent
- District: 299
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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$1,376,500
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