5824 N Ridge Avenue, Chicago, IL 60660

$950,000
  • 5824 N Ridge Avenue, Chicago, IL 60660 Main Photo

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New to the Market New
BEDS8 BATHS3 full MLS#12784946
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

Property Description

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).

5824 N Ridge Avenue | MLS# 12784946

This multi-family property located at 5824 N Ridge Avenue, Chicago, IL 60660 is currently listed for sale with an asking price of $950,000. N Ridge Avenue is located within the District 299 school district. Search Chicago real estate on www.bhhscrosby.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished, Exterior Entry, Full, Walk-Out Access
Garage: 3
Heating: Natural Gas, Electric, Steam
Lot Size: 0.11 Acres
Roof Type: Tar/Gravel
Taxes: $16,404
Year Built: 1900

Feature Descriptions

Additional Structures: Garage(s), Storage
Exterior: Brick
Lot Dimensions: 37.5 X 125
Other Equipment: CO Detectors, Ceiling Fan(s), Water Heater-Gas
Parcel#: 14053110420000
Parking: Garage Door Opener, Yes, Garage Owned, Detached, Garage
Sewer: Public Sewer
Total Rooms: 14
Township: Lake View
Water: Lake Michigan

Local Schools

High School: Senn High School
Elementary School: Peirce Elementary School Intl St
School District: District 299

Listed By / Shown By

Listed By

Agency Name: Ask Nagel
Agency Phone: 312-933-1432

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Estimated Payment

$ 3,758.37 per month $2,114.29 Principal & Interest $1,367.00 Property Tax $277.08 Homeowner's Insurance

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