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Three-Unit Brick Apartment Building
New
For Sale
$950,000

5824 N Ridge Avenue, Chicago, IL 60660

Residential Income, Chicago, IL

Property SizeContact for details
Lot Size0.11 Acres
Days on Market2

Property Features for 5824 N Ridge Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 8
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 5, Bedroom 1, Bedroom 8, Bathroom 3, Bathroom 1, Bedroom 7, Bathroom 2, Bedroom 6, Bedroom 3, Bedroom 2, Bedroom 4, Basement
Parking 3
Parking features Garage, Open
Fencing Fenced
Basement Exterior Entry, Full, Unfinished, Walk-Out Access
Elementary school Peirce Elementary School Intl St
High school Senn High School
Elementary school district 299
Middle school district 299
High school district 299
Directions Hollywood Ave to N Ridge Ave
Subdivision CHI - Edgewater
Standard status Active
APN 14053110420000
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 16404

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Natural Gas, Steam

Amenities

coin laundry
storage lockers

Building Details

Year built 1900
Building materials Brick
Roof type Tar/Gravel
Additional Structures Storage
Listing Agency: Ask Nagel
Listed By: Kok Keng Goh
Added: Oct 14 Changed: Oct 15 Last Checked: Oct 15 at 5:06AM
MLS# 12784946

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.

Investment Insights

Based on property information with market context.

This brick three-flat contains three full-floor apartments with a total of eight bedrooms: one two-bedroom, one-bath unit and two three-bedroom, one-bath units. The building also has a full basement with coin-operated laundry and a dedicated storage locker for each apartment. A detached three-car garage includes one space available for rent. Electric service is separately metered by unit. The property was built in 1900, and documented improvements exceed $115,000 since 2019, including a roof replacement in 2020 and roof repairs and tuckpointing in fall 2026. Boiler service is dated September 2026.

The property sits on a 37.5-by-125-foot lot with RT4 zoning. The zoning may permit a fourth unit or a duplex-down configuration for Unit 1, subject to buyer verification. Transit options include the Peterson/Ridge Metra station about 0.5 mile away, the Thorndale Red Line station about 0.4 mile away, and nearby #22 Clark and #84 Peterson bus routes. Whole Foods and Jewel-Osco are each about 0.4 mile away; Andersonville’s Clark Street shops and restaurants and Lane Beach are each about 0.7 mile away.

Key Highlights

  • Three full‑floor apartments with 8 bedrooms total: one 2BR/1BA and two 3BR/1BA units
  • 37.5 x 125‑foot lot with RT4 zoning; zoning may allow a fourth unit or Unit 1 duplex‑down, subject to buyer verification
  • Detached 3‑car garage, with one space available for rent

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Law Firm Catering Service Home Appliance Store Tattoo & Piercing Shop Cosmetic Store Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

3,743
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three full-floor residences are complemented by a basement, coin-operated laundry, individual storage lockers, and a detached garage.
Where is this triplex located?
The property is located at 5824 N Ridge Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Three full‑floor apartments with 8 bedrooms total: one 2BR/1BA and two 3BR/1BA units; 37.5 x 125‑foot lot with RT4 zoning; zoning may allow a fourth unit or Unit 1 duplex‑down, subject to buyer verification; Detached 3‑car garage, with one space available for rent
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