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  • $1,350,000

    5791 N Ridge Ave, Chicago, IL 60660

    8beds
    --sqft
    Multi Family
    Built in 1932
    -- sqft lot
    $1,350,300 Zestimate®
    $--/sqft
    $2,450 Estimated rent

    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: 7 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#: 12381656MLS Logo

    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
    Services availability
    Sell for more on Zillow
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    $1,350,300
    2% more+ $27,006
    With Zillow Showcase(estimated)
    $1,377,306