5791 N Ridge Avenue, Chicago, IL 60660
Local realty services provided by:ERA Naper Realty



5791 N Ridge Avenue,Chicago, IL 60660
$1,250,000
- 8 Beds
- 7 Baths
- - sq. ft.
- Multi-family
- Pending
Listed by:sharon luo
Office:re/max suburban
MLS#:12381656
Source:MLSNI
Price summary
- Price:$1,250,000
About this home
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!
Contact an agent
Home facts
- Year built:1932
- Listing Id #:12381656
- Added:55 day(s) ago
- Updated:July 20, 2025 at 11:40 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:7
- Full bathrooms:7
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Year built:1932
Utilities
- Water:Lake Michigan
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,250,000
- Tax amount:$10,760 (2023)
New listings near 5791 N Ridge Avenue
- Open Sun, 11am to 1pmNew$460,000Active2 beds 2 baths1,350 sq. ft.
411 W Ontario Street #221, Chicago, IL 60654
MLS# 12140594Listed by: BAIRD & WARNER - New$219,900Active4 beds 2 baths1,176 sq. ft.
8646 S University Avenue, Chicago, IL 60619
MLS# 12424319Listed by: COLDWELL BANKER REALTY - New$155,000Active4 beds 2 baths1,356 sq. ft.
341 W 109th Street, Chicago, IL 60628
MLS# 12426730Listed by: REDFIN CORPORATION - New$280,000Active2 beds 2 baths1,200 sq. ft.
1717 W Bryn Mawr Avenue #GW, Chicago, IL 60660
MLS# 12429659Listed by: MAIN STREET REAL ESTATE GROUP - Open Sun, 11am to 1pmNew$475,000Active3 beds 3 baths1,952 sq. ft.
1129 N Mozart Avenue #1, Chicago, IL 60622
MLS# 12431142Listed by: COLDWELL BANKER REALTY - New$295,000Active2 beds 2 baths
3600 N Lake Shore Drive #1701, Chicago, IL 60613
MLS# 12431327Listed by: @PROPERTIES CHRISTIE'S INTERNATIONAL REAL ESTATE - New$184,900Active1 beds 1 baths750 sq. ft.
3425 W Berteau Avenue #2, Chicago, IL 60618
MLS# 12432531Listed by: KELLER WILLIAMS PREFERRED RLTY - New$25,000Active0 Acres
201 E 70th Street, Chicago, IL 60637
MLS# 12433385Listed by: KELLER WILLIAMS PREFERRED REALTY - New$665,000Active5 beds 2 baths
4938 N Bell Avenue, Chicago, IL 60625
MLS# 12433754Listed by: BAIRD & WARNER - New$400,000Active3 beds 2 baths1,600 sq. ft.
7730 W Clarence Avenue, Chicago, IL 60631
MLS# 12433981Listed by: @PROPERTIES CHRISTIE'S INTERNATIONAL REAL ESTATE