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$950,000 Just Listed
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Property 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).
Full Property Details
Full Property Details for 5824 N Ridge Ave
General
- Price: $950,000
- Taxes: $16,404 (2025)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12784946
- Updated: 10/15/2026
- Added to Site: 3 day(s) ago
Rental Information
- Complex Features: Curbs, Gated, Sidewalks, Street Lights, Street Paved
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 3
- Upper - Full Baths: 3
Bedrooms
- Total Bedrooms: 8
Additional Information
- Equipment: Carbon Monoxide Detectors, Ceiling Fan(s), Water Heater-Gas
- Other Features: Commuter Bus, Commuter Train, Interstate Access
Parking
- Garage: Yes
- Garage Spaces: 3
- Total Spaces: 3
- Parking Features: Garage Door Opener, Yes, Garage Owned, Detached, Garage
Location
- Area: CHI - Edgewater
- County: Cook
- Township: Lake View
- Driving Directions: Hollywood Ave to N Ridge Ave
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
- Elementary School: Peirce Elementary School Intl St
- High School: Senn High School
- Private School: Senn High School
Heating & Cooling
- Heating Type: Natural Gas, Electric, Steam
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Unfinished, Exterior Entry, Full, Walk-Out Access
- Foundation: Brick/Mortar
- Roof: Tar/Gravel
- Year Built: 1900
- Built Before 1978: Yes
Unit Information
- Units in Building: 3
Additional Structures
- Other Structures: Garage(s), Storage
Lot Features
- Lot Size (Acres): 0.11
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 37.5 x 125
- Fence: Yes
- Zoning: MULTI
- Fencing (Description): Fenced
Financial Considerations
- Insurance Fee: $3,692
- Assessment Year: 1900
- Tax Amount: $16,404.44
- Tax Year: 2025
- Pays Electric: 319
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: List Broker Must Accompany
- Floor Plans: Yes
- Property ID: 14053110420000
Listed by Ask Nagel
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Schools
Schools serving 5824 N Ridge Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Peirce Elementary Intl Studies School 1423 West Bryn Mawr Avenue, Chicago, IL 60660 | K-8 | 0.3 mi |
Senn High School 5900 North Glenwood Avenue, Chicago, IL 60660 | 9-12 | 0.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5824 N Ridge Ave
Date
Details
Price
Change
Source
10/14/2026
Listed
$950,000
66.67%
MLS
6/24/2019
Sold
$570,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5824 N Ridge Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$11,889
—
$79,000
40%
2023
$11,889
3%
$56,350
—
2022
$11,590
-4%
$56,350
-6%
2021
$12,065
22%
$60,000
35%
2020
$9,914
60%
$44,504
-13%
2019
$6,209
2%
$51,154
-13%
2018
$6,115
-13%
$58,694
52%
2017
$6,995
2%
$38,569
—
2016
$6,868
-22%
$38,569
-26%
2015
$8,786
28%
$52,445
27%
2014
$6,844
-14%
$41,293
-14%
2013
$7,933
1%
$48,128
—
2012
$7,869
—
$48,128
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5824 N Ridge Ave
5824 N Ridge Avenue, Chicago, IL 60660 (MLS# 12784946) is a Multi-Family property with 3 units containing 8 bedrooms and 0 full bathrooms. 5824 N Ridge Avenue is currently listed for $950,000 and was received on October 14, 2026. Want to learn more about 5824 N Ridge Avenue? Do you have questions about finding other Multi-Family real estate for sale in Edgewater? You can browse all Edgewater real estate or contact a Coldwell Banker agent to request more information.

