5791 N Ridge Ave

Chicago, IL 60660

$1,350,000
Last Sold Price
8
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
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Closed 8/12/25
Closed 8/12/25

Description

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,...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!
  1. Listed by Sharon Luo • RE/MAX Suburban
    P: (847)-922-3284 C: (847)-922-3284 sharonluo@remax.net

Sold By Virtue Realty, LLC

Property Details for 5791 North Ridge Avenue

Area
CHI - Edgewater
Township
Lake View
Ownership
Fee Simple
Num Of Garage Spaces
2.0
Num Of Parking Spaces
2.0
Heat/Fuel
Forced Air
Zoning
MULTI
LISTING UPDATED: 08/12/2025 02:12 PM

Property Details for 5791 North Ridge Avenue

StatusClosed
MLS #12381656
Days on Market5
Taxes$10,760 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeTwo to Four Units / 4 Flat
Year Built1932
Lot Size0.09 AC / 3,750 SF
CountyCook County
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Location

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Building Information for 5791 North Ridge Avenue

Stories-Residences4Year Built1932Building Size-Lot Size0.09 AC / 3,750 SF

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$7,624 per month

30 year fixed, 6.36% Interest

Principal and Interest

$6,727

Property Taxes

$897

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 5791 North Ridge Avenue

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Parking Details: On Site, Detached, Garage
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Num Of Rooms: 25
  • Bedrooms Total: 8
  • Bedrooms (Below Grade): 0
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Basement Type: Partially Finished, Exterior Entry, Partial
  • Bedrooms Possible: 8
  • # Full Baths in Building: 7
  • # Half Baths in Building: 0
  • Num of Baths: 7.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2010
  • Built Before 1978: Yes
  • Age: 91-100 Years
  • Lot Size: Standard Chicago Lot
  • Lot Dimensions: 30X125
  • Total # Units in Building: 4.0
  • Waterfront: No
  • Exterior Building Type: Brick, Other
  • Construction: Brick, Other
  • General Information: None
  • North Coordinate: 5700
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 1400
  • 3 Br Un In Bldg: No
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 33
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Additional Media Type 1: 3D Tour
Multi Family
Unit 1
  • Unit Type Actual Rent: $2,270.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Lease Expiration Date: MTM
Unit 2
  • Unit Type Actual Rent: $2,300.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 05/26
Unit 3
  • Unit Type Actual Rent: $2,100.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Lease Expiration Date: 04/26
Unit 4
  • Unit Type Actual Rent: $1,450.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 4
  • Lease Expiration Date: 03/26

Property History for 5791 North Ridge Avenue

DateEvent & SourcePriceAppreciation
Aug 12, 2025

Sold (Public Record)

Public Record #1910164255

$1,350,000

+8.4% / yr

Aug 12, 2025

Sold

MRED #12381656

$1,350,000—
Jun 9, 2025

Pending

MRED #12381656

—
DateEvent & SourcePrice
08/12/2025

Sold (Public Record)

Public Record #1910164255

$1,350,000

+8.4% / yr

08/12/2025

Sold

MRED #12381656

$1,350,000
06/09/2025

Pending

MRED #12381656

—

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

Public Records for 5791 North Ridge Avenue

Taxable ValueLand$19,375Additions$57,625Total$77,000
Tax Record2023$10,760 ($897 / month)
Home Facts
Baths4Total Finished SqFt3,843 SqFtAbove Grade Finished SqFt3,843 SqFtStories3Lot Size3,125 SqFtStyleMulti-Family Res (5+ Units)Year Built1929CountyCOOKAPN14-05-312-010

Schools near 5791 North Ridge Avenue

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Peirce Elementary Intl Studies School
Public - PK to 8
Senn High School
Public - 9 to 12
Art in Motion Charter School
Charter - 7 to 12
York Alternative High School
Public - 9 to 12
Rating
School
Distance
Peirce Elementary Intl Studies School
PublicPK to 8

Senn High School
Public9 to 12

Art in Motion Charter School
Charter7 to 12

York Alternative High 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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Suburban

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 08/12/2025 02:12 PM. 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.