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10-Unit Renovated Apartment Building

5658-60 N ridge Avenue, Chicago, IL 60660

For Sale
New
$3,900,000

A bedroom-weighted apartment mix pairs modern interiors with in-unit laundry and private outdoor areas.

Property SizeContact for details
Days on Market4

Property Features for 5658-60 N ridge Avenue

General Information

Standard status Active
Total Parking Spaces 11
Property subtype Commercial
Occupancy 100%

Site & Location

Neighborhood Edgewater
Public Transit Yes

Units

Unit Mix 6 x 3BR/2BA, 4 x 1BR/1BA
Multifamily Units 10

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $35,238

Amenities

in-unit washers and dryers
Nest thermostats
LATCH keyless entry
private outdoor space
modern cabinetry
stainless-steel appliances
quartz countertops
tile backsplashes
garbage disposals
full-tile showers
oversized vanities
matte black plumbing fixtures

Building Details

Year Built 1921
Listing Agency: COMPASS
Listed By: ADAM MAX · License #471022028
Source: Corcoran
Added: Nov 3 Changed: Nov 4 Last Checked: Nov 6 at 8:33AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COMPASS

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Investment Insights

Based on property information with market context.

The 10-unit apartment building contains six three-bedroom, two-bath residences and four one-bedroom, one-bath apartments. A comprehensive renovation updated the interiors and building mechanical and access systems. Kitchens feature modern cabinetry, stainless-steel appliances, quartz countertops, tile backsplashes, and garbage disposals; bathrooms have full-tile showers, oversized vanities, and matte-black plumbing fixtures. Each residence also includes a washer and dryer, Nest thermostat, LATCH keyless entry, and private outdoor space. The property was built in 1921 and has 11 surface parking spaces.

In Chicago’s Edgewater neighborhood, the building is approximately seven miles north of the Loop and two-tenths of a mile from the CTA Bryn Mawr Red Line station. Andersonville’s retail district and Lake Michigan beaches are within a half-mile walk. Nearby institutional employers include Loyola University Chicago’s Lake Shore Campus, Truman College, and Weiss Memorial Hospital. The building is reported as 100% occupied, with in-place rents below those of comparably finished Edgewater properties.

Key Highlights

  • 10 apartments: six three‑bedroom/two‑bath units and four one‑bedroom/one‑bath units
  • 11 surface parking spaces
  • Renovated interiors and updated mechanical and access systems

Property Analytics

Lease Details

10
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

3,799
Businesses Nearby

Demographics for 60660, IL

42,534
Population
23,508
Households
1.8
Avg Household Size
38
Median Age
57%
College-Educated
93%
High-School Grad
1.3 sq mi
ZIP Area
32,718
Density / Sq Mi
$66,206
Median Household Income
$46,871
Median Earnings
$1,286
Median Rent
$287,500
Median Home Value

Market

Properties on Market for Apartment buildings in Chicago

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - A bedroom-weighted apartment mix pairs modern interiors with in-unit laundry and private outdoor areas.
Where is this apartment building located?
The property is located at 5658-60 N ridge Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: 10 apartments: six three‑bedroom/two‑bath units and four one‑bedroom/one‑bath units; 11 surface parking spaces; Renovated interiors and updated mechanical and access systems
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