Back on market due to buyer financing falling through. Stunning 2-story, 2-unit building in sought-after Albany Park, combining modern updates with vintage charm. Located on a peaceful cul-de-sac near Eugene Field Park, this property offers a community feel with easy access to activities and nature. Each unit boasts 2 bedrooms, 2 full baths, a den/sunroom that can serve as a 3rd bedroom, and a large eat-in kitchen. The living room features an original decorative fireplace, complemented by an impressive dining room and updated kitchens. The second-floor unit includes updated bathrooms with heated floors, an island kitchen with a walk-in pantry, and easy-care vinyl flooring throughout the unit. The first-floor unit features a quartz breakfast bar, modern bathroom upgrades, a brand-new refrigerator, and original hardwood floors throughout. Outside, a heated two-and-a-half car brick garage and private driveway provide ample parking, while the brick-paved backyard is ready for relaxation or entertaining. The expansive basement offers additional laundry space, plumbing for an extra bath, and ample storage options. Recent updates include a complete tear-off roof (2023), a brand-new water heater for the second-floor unit (2024), newer windows, and updated tuckpointing, ensuring this building is move-in ready. This unique, owner-occupied property is truly a rare find, offering immediate possession. For showing requests or inquiries call or text listing agent Matthew Kontos.
Multi-familyProperty Type
1926Year Built
5,227 sq ftLot Size
2 car garageParking
Listed by Matthew Kontos• ARNI Realty Incorporated
Once in a lifetime opportunity to purchase this 1-of-a-kind bldg! Extra wide Jumbo 2 flat with side entrance feats old world charm and great vintage details gracious rm sizes, Dec frplc, carved archways, crown moldings, plaster medallions and hdwd flrs through out. Lrg kit w/breakfast rm and 2 pantries. 2nd floor bthrm has original subway tile and basket weave tiled floor.Newer (1 year) windows with trans warnty
Year
Property tax
Land + Additions
Assessment*
2023
$10,409 (+2.6%)
$19,688 + $42,313
$62,001
2022
$10,147 (+2.3%)
$15,750 + $33,408
$49,158
2021
$9,918 (+25.2%)
$15,750 + $33,408
$49,158
2020
$7,921 (−3.5%)
$8,156 + $27,278
$35,434
2019
$8,210 (+1.7%)
$8,156 + $32,573
$40,729
2018
$8,071 (+2.7%)
$8,156 + $32,573
$40,729
2017
$7,857 (+7.5%)
$7,312 + $29,065
$36,377
2016
$7,310 (−8.8%)
$7,312 + $29,065
$36,377
2015
$8,013 (−7.0%)
$7,312 + $36,268
$43,580
2014
$8,615 (+2.0%)
$6,750 + $39,514
$46,264
2013
$8,445 (+1.7%)
$6,750 + $39,514
$46,264
2012
$8,302 (+419.4%)
$6,750 + $39,514
$46,264
2011
$1,598 (+10.6%)
$9,000 + $35,754
$44,754
2010
$1,445 (+6.6%)
$9,000 + $35,754
$44,754
2009
$1,356 (−5.5%)
$9,000 + $35,754
$44,754
2008
$1,435 (−6.7%)
$9,449 + $44,055
$53,504
2007
$1,538
$9,449 + $44,055
$53,504
Tax history for 5040 N Ridgeway Ave
Year
Property tax
Land + Additions
Assessment*
2023
$10,409 (+2.6%)
$19,688 + $42,313
$62,001
2022
$10,147 (+2.3%)
$15,750 + $33,408
$49,158
2021
$9,918 (+25.2%)
$15,750 + $33,408
$49,158
2020
$7,921 (−3.5%)
$8,156 + $27,278
$35,434
2019
$8,210 (+1.7%)
$8,156 + $32,573
$40,729
2018
$8,071 (+2.7%)
$8,156 + $32,573
$40,729
2017
$7,857 (+7.5%)
$7,312 + $29,065
$36,377
2016
$7,310 (−8.8%)
$7,312 + $29,065
$36,377
2015
$8,013 (−7.0%)
$7,312 + $36,268
$43,580
2014
$8,615 (+2.0%)
$6,750 + $39,514
$46,264
2013
$8,445 (+1.7%)
$6,750 + $39,514
$46,264
2012
$8,302 (+419.4%)
$6,750 + $39,514
$46,264
2011
$1,598 (+10.6%)
$9,000 + $35,754
$44,754
2010
$1,445 (+6.6%)
$9,000 + $35,754
$44,754
2009
$1,356 (−5.5%)
$9,000 + $35,754
$44,754
2008
$1,435 (−6.7%)
$9,449 + $44,055
$53,504
2007
$1,538
$9,449 + $44,055
$53,504
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
6
Baths
3
Stories
2
Lot width
—
Lot depth
—
Lot size
5,625 Sq. Ft.
Year renovated
—
Sq. Ft.
4,176
Year built
1926
Style
Multi-Family (2-4 Unit)
County
Cook County
APN
13113090220000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 16, 2026.
RS-3
Residential Single-Unit (Detached House) District
The primary purpose of the RS districts is to accommodate the development of detached houses on individual lots. It is intended that RS zoning be applied in areas where the land-use pattern is characterized predominately by detached houses on individual lots or where such a land use pattern is desired in the future. The Zoning Ordinance includes three RS districts - RS3 - which are differentiated primarily on the basis of minimum lot area requirements and floor area ratios.
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Housing-Single unit
Housing-Other
Infrastructure
Educational / school
Library
Recreation
Cemetery
Park & open space
Property details
Parking
Parking Information
# of Garage Spaces: 2.5
# of Parking (Total): 2.5
Parking: Garage
Garage Ownership: Owned
Garage On-Site: Yes
Garage Type: Detached
Interior
Bathroom Information
# of Baths (Full): 4
Bedroom Information
# of Bedrooms: 4
# of Bedrooms Possible: 4
Additional Rooms Information
Basement: Full
Basement Description: Unfinished
Interior Features
# of Rooms: 12
Community Information
Community Features: Park
Unit Type 1 Information
Floor Number: 1
# of Rooms: 8
# of Bedrooms: 2
# of Bathrooms (Total): 2
# of Full Bathrooms: 2
Appliances and Features: Stove,Refrigerator,Dishwasher,Microwave,Window Air Conditioner,Laundry Hook-Up,Range Hood,Hardwood Floors
Security Deposit: 0
Tenant Pays: Other
Lease Expiration Date: Wednesday, December 1, 1999
Unit Type 2 Information
Floor Number: 2
# of Rooms: 8
# of Bedrooms: 2
# of Bathrooms (Total): 2
# of Full Bathrooms: 2
Appliances and Features: Stove,Refrigerator,Dishwasher,Microwave,Window Air Conditioner,Laundry Hook-Up,Range Hood,Hardwood Floors
Tenant Pays: Other
Lease Expiration Date: Wednesday, December 1, 1999
Exterior
Building Information
# Of Units in Building: 2
Exterior Building Type: Brick
Age: 91-100 Years
Built Before 1978 (Y/N): Yes
Property Information
Property Type: Two to Four Units
Ownership: Fee Simple
Rebuilt (Y/N): No
Rehab (Y/N): No
Parcel Number: 13113090220000
Lot Information
Dimensions: .12
Lot Size: Less Than .25 Acre
Zoning: MULTI
Financial
Tax Information
Tax Annual Amount: $9,706.91
Tax Year: 2023
Tax Exemptions: Homeowner
Financial Information
Finance Code: Cash
Special Service Area: N
Utilities
Utility Information
Water Source: Lake Michigan
Sewer: Public Sewer
Heating & Cooling
Heating: Radiator(s)
Location
School Information
Elementary School District: 299
Middle Or Junior School District: 299
High School District: 299
Location Information
Township: Jefferson
Corporate Limits: Chicago
Directions: Foster East to Ridgeway Ave
Public facts
Beds: 6
Baths: 3.0
Sq. Ft.: 4,176
Stories: 2.0
Lot Size: 5,625 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1926
Year Renovated: —
County: Cook County
APN: 13113090220000
Home facts updated by county records on Sep 16, 2026
Other
Listing Information
Holds Earnest Money: Yes
Possession: Closing
Some Photos Virtually Staged?: No
Around this home
Schools
Volta Elementary School
Public PreK-8 • Assigned • 0.2mi
4/10
Roosevelt High School
Public 9-12 • Assigned • 0.7mi
1/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 99° expected this year, 14 days in 30 years
2/10 Wind Factor
0% chance of strong winds in next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Chicago, IL • 60625
Average low and high temperatures (°F)
31
17
39
25
55
35
62
44
68
50
83
64
87
71
83
67
80
62
69
52
52
39
38
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.3 hours in
June and 3.3 hours in December, placing it below the
U.S. average for solar exposure.
10.3 hrs
3.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$852,000 – $1.03M
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