2848-50 N Ridgeway Avenue Chicago, IL ^$ 699,000

2848-50 N Ridgeway Avenue

^$ 699,000

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2848-50 N Ridgeway Avenue

Chicago, IL, 60618

^$ 699,000

Bedrooms6 Baths3.0

Monthly Estimate*

^$ 4,361

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Multi-Family Home for sale in Chicago, IL

for $699,000 with 6 bedrooms and 3 full baths. This home was built in 1908.

Prime investment & development opportunity in hot Avondale! Fantastic opportunity for investors and developers in the rapidly appreciating Avondale neighborhood! This offering includes two full-size lots with separate PIN numbers, featuring a brick 2-flat on one lot that's ready for renovation or redevelopment. A large garage/storage structure extends the full length of the yard, adding even more potential. The property is zoned RS-3 and sits in a highly desirable area surrounded by new construction and redevelopment projects. The location is exceptionally convenient, close to transportation, shopping, and dining. This is an estate sale-a rare chance to capitalize on one of Chicago's hottest neighborhoods.

Multi-Family Pending

Price

^$ 699,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 9,700

Style

Year Built

1908

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12465612

Features

General

Sewer Public Sewer

Heating Natural Gas Steam

Possession Closing Tenant's Rights

Roof Asphalt

Garage Spaces 5

Construction Materials Brick

Year Built 1908

Township Jefferson

Tax Year 2023

Ownership Fee Simple

Community Features Sidewalks Street Lights

Additional Parcels Description 13261270310000

County Cook

New Construction N

Property Type Residential Income Two to Four Units

Other Structures Garage(s)

Total Rooms 12

Status Pending

Directions Ridgeway Ave North of Diversey one-way going South

City Chicago

High School District 299

MLS Area CHI - Avondale

Tax Annual Amount 9700.63

Additional Parcels Y/N Y

Standard Status Pending

Middle/Junior School District 299

Elementary School District 299

Interior

Basement Finished Full Walk-Out Access

Total Bedrooms 6

Total Baths 3

Bedrooms Possible 6

Full Baths Building 3

Half Baths Building 0

Total Number of Units 2

Exterior

Parking Features Garage Yes Garage Owned Detached

Lot Features Garden Level

Water Source Lake Michigan

Total Parking 5

Foundation Details Concrete Perimeter

Lot Dimensions 50X125

Waterfront Y/N N

* Excluded Features

List By

Century 21 Circle

Broker

ssierotnik@gmail.com;stan.sierotnik@c21circle.com

Affordability Calculator

$5,169

Per Month

Monthly Principal & Interest: $4,361
Monthly Property Taxes: $808
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% 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

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$618,237

Percent of Sale Price 12%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

566059 Elementary School

566846 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/18/2025	$699,000		Listed Price

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2848-50 N Ridgeway Avenue, Chicago, IL, 60618 is a Multi-Family Home for sale at $699,000. 2848-50 N Ridgeway Avenue has 6 bedrooms, 3.0 baths, and was built in 1908. The property's zip code is 60618 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 12/10/2025.

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2848-50 N Ridgeway Avenue

Multi-Family Home for sale in Chicago, IL

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