2909 N Ridgeway Avenue
Chicago, IL, 60618 $ 950,000
Bedrooms8 Baths5.1 Sq 2,000 Monthly Estimate*
$ 5,849
for $950,000 with 8 bedrooms and 5 full baths, 1 half bath. This 2,000 square foot home was built in 1901 on a lot size of 0.06.
Large 3 unit, fully rented, (Unit 1: $2000, Unit 2: $3000, Coach House: $1900) Prime Logan-dale location, on border of the popular Logan Square and Avondale neighborhoods. Perfectly located right off Milwaukee ave on a tree-lined residential street, steps to all Avondale/Logan have to offer! Enjoy this solid, Beautifully renovated, MONEY- MAKING investment. Fully Rented w/ $6900 rental income each month, in an insanely, quickly appreciating area. Each unit has central a/c, in-unit laundry, and all tenants pay their own utilities except water and trash. Enjoy low expenses & maintenance! Enjoy a massive amount of renovations in this well maintained and cared for property. Front building features 2 units w/ New windows in 2018. 1st floor unit is a 2 bed/1 bath, renvoated in 2018 w/ private in-unit side x side laundry rm, CAC, refinished HWF, 2019 brand-new kitchen w/ quartz c-tops, SS appliances including DW & microwave, 2025 furnace, 2024 water heater, 2024 paint, for $2000. 2nd floor unit is a 4 bed/2 bath 2000 sft duplex-up, w/ CAC, 2022 separate HVAC for 3rd floor, separate side x side laundry rm, updated LVF through-out, 2019 new electrical & copper plumbing, & new skylights at $3000. Both front units share a fenced in patio and both leases expire 7/31/2026. 3rd unit is separate 2 level Adorable Coach House that was owner's unit w/ condo quality finishes, 1 bed + den, 1.5 baths, beautiful LVF, stackable w/d, 1/2 bath on main floor & full bath on 2nd floor, a NEW ROOF in 2020, and a huge private fenced in patio for $1900. New awnings added to front doors, front railings and iron fence painted. List of improvements available upon request.
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FeaturesGeneralSewer Public Sewer
Heating Natural Gas
Possession Closing Tenant's Rights
Roof Asphalt
Zoning MULTI
Construction Materials Vinyl Siding
Year Built 1901
Township Jefferson
Tax Year 2024
Ownership Fee Simple
Gross Income 82800
County Cook
Net Operating Income 67996
Insurance Expense 4229
New Construction N
Property Type Residential Income Two to Four Units
Other Structures Other
Total Rooms 17
Status New
Directions Milwaukee to Ridgeway south near corner George St. Or Central Ave West on George to Ridgeway
City Chicago
High School District 299
MLS Area CHI - Avondale
Tax Annual Amount 6797
Electric Expense 0
Fuel Expense 0
Water Sewer Expense 3000
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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InteriorBasement None
Total Bedrooms 8
Total Baths 5
Bedrooms Possible 8
Full Baths Building 4
Half Baths Building 1
Total Number of Units 3
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ExteriorWater Source Lake Michigan
Total Parking 0
Lot Dimensions 25X125X38.5X95.5
Lot Size Acres 0.06
Waterfront Y/N N
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* Excluded FeaturesList By@Properties Christie's International Real EstateBroker
rosetoma@atproperties.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $5,849
- Monthly Property Taxes
- $566
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save NearbyMulti-family listings in Chicago, IL
Average List Price $624,286
Percent of Sale Price 34%
About Chicago, IL 2,755,380 Population
-4% Since 2002
$ 53,088 Median Income
36.07 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/19/2026 | $950,000 | | Listed Price |