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!
Closed
$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
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#: 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
Services availability
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$1,350,300
2% more+ $27,006
With Zillow Showcase(estimated)
$1,377,306