5824 N Ridge Avenue Chicago, IL $ 950,000
5824 N Ridge Avenue
$ 950,000
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5824 N Ridge Avenue

Chicago, IL, 60660
$ 950,000
Bedrooms8 Baths3.0

Monthly Estimate*

$ 6,561

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Multi-Family Home for sale in Chicago, IL

for $950,000 with 8 bedrooms and 3 full baths. This home was built in 1900 on a lot size of 0.11.

Solid brick three-flat on an oversized 37.5 x 125 RT4 lot where Edgewater meets Andersonville. Three full-floor units (2BR/1BA, 3BR/1BA and 3BR/1BA; 8 bedrooms total), a full basement with coin laundry and a storage locker for each unit, and a 3-car detached garage with one space open to rent. Fully leased at $5,825/month ($69,900/year), with all leases ending May-July 2027 and in-place rents below current area asking rents. Units are separately metered for electric. Capital work includes a roof replaced in 2020, roof repairs and tuckpointing in fall 2026, and boiler service in 9/2026, with $115,000+ in documented improvements since 2019. RT4 zoning may allow a 4th unit or a duplex-down of Unit 1; buyer to verify. About 0.5 mi to the Peterson/Ridge Metra and 0.4 mi to the Thorndale Red Line, with the #22 Clark and #84 Peterson buses nearby. Also near Whole Foods and Jewel-Osco (each about 0.4 mi), the Clark St shops and restaurants of Andersonville (0.7 mi) and Lane Beach on Lake Michigan (0.7 mi).

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Multi-Family Active

Price

$ 950,000

Bedrooms

8

Full Bath

3

Property Type

Multi-Family

Taxes

$ 16,404

Style

Lot Size

0.11

Year Built

1900

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12784946

Features
General
Sewer Public Sewer
Heating Gas Electric Steam
Possession Closing
Roof Tar/Gravel
Zoning MULTI
Garage Spaces 3
Construction Materials Brick
Year Built 1900
Township Lake View
Tax Year 2025
Ownership Fee Simple
Gross Income 69900
Community Features Curbs Gated Sidewalks Street Lights Street Paved
County Cook
Insurance Expense 3692
New Construction N
Property Type Residential Income Two to Four Units
Other Structures Garage(s) Storage
Total Rooms 14
Status Active
Directions Hollywood Ave to N Ridge Ave
High School Senn High School
City Chicago
High School District 299
MLS Area CHI - Edgewater
Elementary School Peirce Elementary School Intl St
Tax Annual Amount 16404.44
Electric Expense 319
Fuel Expense 4484
Water Sewer Expense 2594
Additional Parcels Y/N N
Virtual Tour https://smartfloorplan.com/il/v513481/player.pl
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Unfinished Exterior Entry Full Walk-Out Access
Total Bedrooms 8
Total Baths 3
Bedrooms Possible 8
Full Baths Building 3
Half Baths Building 0
Total Number of Units 3
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Exterior
Parking Features Garage Door Opener Yes Garage Owned Detached Garage
Water Source Lake Michigan
Total Parking 3
Foundation Details Brick/Mortar
Lot Dimensions 37.5 X 125
Lot Size Acres 0.11
Waterfront Y/N N
Other Equipment CO Detectors Ceiling Fan(s) Water Heater-Gas
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* Excluded Features
List By
Ask Nagel

Broker

kk.goh@sucasa.org

Email

Affordability Calculator

$7,928
Per Month
83%
17%
0%
Monthly Principal & Interest
$6,561
Monthly Property Taxes
$1,367
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
567525 Elementary School
566846 Middle School
Senn High School High School
Pricing History
DatePricePrice ChangeDescription
10/15/2026$950,000 Listed Price

Map


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5824 N Ridge Avenue, Chicago, IL, 60660 is a Multi-Family Home for sale at $950,000 with a lot size of 0.11. 5824 N Ridge Avenue has 8 bedrooms, 3.0 baths, and was built in 1900. The property's zip code is 60660 which is in Chicago, IL