About This Home

This 8-bedroom, 3-bathroom residential multi family at 5824 N Ridge Avenue in Chicago, IL is listed for $950,000. Built in 1900, on a 0.11 acres lot.

Key Features

  • Built in 1900
  • 0.11 acre lot
  • 3 parking spaces

Property Details

3 full
3-car garage
1900
Listing 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).

Monthly Cost Estimate

$5,081/mo

20% down · 6.5% · 30 years

Principal$687
Interest$4,117
Insurance$277

Estimates only. Actual payments may vary.

Location

5824 N Ridge Avenue

Chicago, IL 60660

Property Details

Construction

Brick

Parking

GarageOpen

Heating

Natural GasElectric (Heating)Steam

Questions & Answers

This 8-bedroom, 3-bathroom residential multi family at 5824 N Ridge Avenue is listed at $950,000. The estimated monthly payment is $5,081 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1900, 0.11 acre lot, 3 parking spaces.

This property is listed by Kok Keng Goh.

KG

Kok Keng Goh

Agent at Ask Nagel Realty

Listed by Ask Nagel Realty · Broker phone: (312) 933-1432 · View on Broker Site · Broker website

MLS# 12784946· Source: Midwest Real Estate Data, LLC· 19 days on PropertySimple

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

5824 N Ridge Avenue, Chicago, IL 60660

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