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$1,350,000

5791 N RIDGE Avenue
Chicago, IL 60660

Multi Family|Sold 08/12/2025
8
Beds
7
Total Baths
1932
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of RE/MAX Suburban
Call Now: 312-767-7744
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312-767-7744
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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!

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Listing Snapshot
Bedrooms 
8
Total Baths 
7
Full Baths 
N/A
Partial Baths 
N/A
Inside Area (SqFt) 
N/A
Lot Size 
N/A
Year Built 
1932
MLS® Number 
12381656
Status 
Sold
Property Tax 
$10,760
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
10 months agoListing updated with changes from the MLS®
General Features
Garage 
Yes
Garage Spaces 
2
Parking 
On SiteDetachedGarage
Parking Spaces 
2
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Zoning 
MULTI
Interior Features
Basement 
Partially FinishedExterior EntryPartial
Heating 
Forced Air
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Exterior Features
Construction Details 
BrickOther
Community Features
Community Features 
CurbsSidewalksStreet Lights
MLS Area 
CHI - Edgewater
School District 
299
Township 
Lake View
Schools
School District
299
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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