Sold
Last Sold Price
6 beds
2303 Ridge Ave, Evanston, IL 60201
Multi FamilyProperty Type
4,650 sq ftLot Size
1912Year Built
2 carsParking Spaces

Description

Come check out this brick 2-unit located within close proximity to Northwestern University and downtown Evanston. It is comprised of (2) 3-bedroom / 1-bathroom units. It is leased through June of 2028 with an annual rent amount of $70,200. The tenants are responsible for all utilities. There is a 2-car garage in the rear. This is a great opportunity for a seasoned or first time investor! Minimal hands on management required.Come check out this brick 2-unit located within close proximity to Northwestern University and downtown Evanston. It is comprised of (2) 3-bedroom / 1-bathroom units. It is leased through June of 2028 with an annual rent amount of $70,200. The tenants are responsible for all utilities. There is a 2-car garage in the rear. This is a great opportunity for a seasoned or first time investor! Minimal hands on management required.

    Sold By Compass

    • Listed by: Kelsey Zurweller 312.436.1019 kzurweller@htapartments.com • Horvath & Tremblay IL, LLC
    • Listed by: John Preston 312.548.6823 jpreston@htapartments.com • Horvath & Tremblay IL, LLC
    Listing closed: 06/02/2026 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 12624901

    Location

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    $4,815 per month

    30 year fixed, 6.55% Interest

    Principal and Interest

    $3,812

    Property Taxes

    $1,003

    HOA Dues

    $0

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    Property Information for 2303 Ridge Avenue

    Property Details
    • Taxes: $12,033 / year
    • MLS Type: Two to Four Units / 2 Flat
    • County: Cook County
    • Area: Evanston
    • Township: Evanston
    • Ownership: Fee Simple
    • Num Of Garage Spaces: 2.0
    • Heat/Fuel: Natural Gas
    Building Information
    • Residences: 2
    • Year Built: 1912
    • Lot Size: 0.11 AC / 4,650 SF
    General Information
    School Information
    • Elementary School District: 202
    • Elementary School: Evanston Twp High School
    • Jr High Middle School: Evanston Twp High School
    • High School District: 202
    • High School: Evanston Twp High School
    • Middle Or Junior School District: 202
    Addtl Parking Information
    • Parking Details: Yes, Detached, Garage
    Property Information
    Interior Features
    • Num Of Rooms: 12
    • Bedrooms Total: 6
    • Bedrooms (Below Grade): 0
    • Basement Type: Unfinished, Partial
    • Bedrooms Possible: 6
    • # Full Baths in Building: 2
    • # Half Baths in Building: 0
    • Num of Baths: 2.0
    Utilities / Equipment
    • Sewer: Sewer-Public
    • Water: Lake Michigan
    Property/Lot Information
    • New Construction YN: No
    • Rebuilt: No
    • Rehabilitated: No
    • Built Before 1978: Yes
    • Age: 100+ Years
    • Lot Size: Less Than .25 Acre
    • Lot Dimensions: 30x155
    • Total # Units in Building: 2.0
    • Waterfront: No
    • Exterior Building Type: Brick
    • Construction: Brick
    • General Information: None
    • 3 Br Un In Bldg: Yes
    Property and Assessments
    • Public Document Count: 0
    • Photos Count: 19
    • OpenHouse Count: 0
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No
    Multi Family
    Income & Expenses
    • Electric Expense: $500.00
    • Insurance Expense: $2,750.00
    • Maintenance Expense: $2,000.00
    • Net Operating Income: $48,483.00
    • Other Expenses $: 2034
    Unit 1
    • Unit Type Actual Rent: $2,825.00
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 3
    • Unit Type Type: Unit 1
    • Lease Expiration Date: 6/27
    Unit 2
    • Unit Type Actual Rent: $2,825.00
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 3
    • Unit Type Type: Unit 2
    • Lease Expiration Date: 6/27

    Property History for 2303 Ridge Avenue

    DateEvent & SourcePriceAppreciation
    Jun 2, 2026

    Sold (Public Record)

    Public Record #1941355200

    $750,000

    +2.7% / yr

    Jun 2, 2026

    Sold

    MRED #12624901

    $750,000
    Apr 24, 2026

    Pending

    MRED #12624901

    DateEvent & SourcePrice
    06/02/2026

    Sold (Public Record)

    Public Record #1941355200

    $750,000

    +2.7% / yr

    06/02/2026

    Sold

    MRED #12624901

    $750,000
    04/24/2026

    Pending

    MRED #12624901

    For completeness, we often displays two records for one sale: the MLS record and the public record.

    Public Records for 2303 Ridge Avenue

    Taxable ValueLand$13,611Additions$46,389Total$60,000
    Tax Record2023$11,876 ($990 / month)
    Home Facts
    Baths2Total Finished SqFt2,295 SqFtAbove Grade Finished SqFt2,295 SqFtStories2Lot Size4,614 SqFtStyleMulti-Family Res (5+ Units)Year Built1912Year Renovated1913CountyCOOKAPN11-07-114-011-0000

    Schools near 2303 Ridge Avenue

    This home is within Evanston Twp Hsd 202 School District.
    Rating
    School
    Type
    Grades
    Distance
    Public - K to 5
    Public - 6 to 8
    Public - 9 to 12
    Public - 9 to 12
    Rating
    School
    Distance
    Orrington Elementary School
    PublicK to 5

    Haven Middle School
    Public6 to 8

    Evanston Twp High School
    Public9 to 12

    Eths Day School
    Public9 to 12

    School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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    Nearby home values

    AddressSold priceBedsBathsSqftLot (Sqft)
    This home: 2303 Ridge Avenue, Evanston, IL 60201
    $750,000
    6
    4,650
    $510,000
    4
    2,042
    6,000
    $563,500
    5
    1,949
    5,562
    $784,000
    4
    1,840
    5,409
    1,171
    $629,000
    4
    2,590
    5,255

    No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

    Listing Courtesy of Horvath & Tremblay IL, LLC

    Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 06/04/2026 03:46 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.