Rehabbed Four-Unit Apartment
For Sale
$1,075,000
Pending
3258 N Ridgeway Avenue, Chicago, IL 60618
Residential Income, Chicago, IL
Property SizeContact for details
Days on Market51
Property Features for 3258 N Ridgeway Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
MULTI
Bedrooms
8
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 5, Bedroom 1, Bathroom 4, Bathroom 3, Basement, Bedroom 3, Bedroom 2, Bathroom 2, Bedroom 7, Bedroom 4, Bedroom 6, Bedroom 8, Bathroom 1
Parking
3
Parking features
Owned, Off Alley
Basement
Unfinished, Full
Elementary school district
299
Middle school district
299
High school district
299
Directions
Belmont West to Ridgeway north to property.
Subdivision
CHI - Avondale
Standard status
Pending
APN
13233290160000
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
11394
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Water source
Public
Amenities
coin laundry
Building Details
Year built
1903
Building materials
Aluminum Siding, Vinyl Siding
Listing Agency:
Equity Market Realty Inc.
(773) 743-7700
Listed By:
Sara Abbasi · License #475167105
(773) 744-7792
Added: Sep 13
Changed: Oct 24
Last Checked: Nov 2 at 12:06PM
MLS# 12652801
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.
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Investment Insights
Based on property information with market context.
This four-unit multifamily property contains four two-bedroom apartments, an unfinished basement, and an unfinished attic. Originally built in 1903, the building underwent a gut rehabilitation in 2015 with plans and permits. Improvements included copper plumbing, HVAC, electrical service, roofing, and exterior siding. The property is zoned MULTI and includes coin-operated laundry and exterior parking for 3 cars.
Public water and sewer serve the building, with natural gas and forced-air heat. Parking is owned and accessed from the alley. Professional management is in place, and some tenants are on month-to-month arrangements. The building is described as well maintained, with rents currently below market rates.
Public water and sewer serve the building, with natural gas and forced-air heat. Parking is owned and accessed from the alley. Professional management is in place, and some tenants are on month-to-month arrangements. The building is described as well maintained, with rents currently below market rates.
Key Highlights
- Four‑unit building with four 2‑bedroom apartments
- 2015 gut rehabilitation completed with plans and permits
- New copper plumbing, HVAC, electrical system, roof, and exterior siding
Property Analytics
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,763
Businesses Nearby
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Business Placement
Demographics for 60618, IL
90,316
Population
41,053
Households
2.2
Avg Household Size
35
Median Age
55%
College-Educated
89%
High-School Grad
5.0 sq mi
ZIP Area
18,063
Density / Sq Mi
$101,558
Median Household Income
$60,263
Median Earnings
$1,534
Median Rent
$538,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Quadplex - Well-maintained multifamily property with coin laundry, off-alley parking, and professionally managed operations.
Where is this quadplex located?
The property is located at 3258 N Ridgeway Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,075,000.
What are key features of this property?
This property features: Four‑unit building with four 2‑bedroom apartments; 2015 gut rehabilitation completed with plans and permits; New copper plumbing, HVAC, electrical system, roof, and exterior siding
