OFF MARKET

Off Market May 2022 for $585K

$703,861

Est. refi paymentEst. refi $4,470/mo

•

3,056

sq ft

5041 N Ridgeway Ave, Chicago, IL 60625

About this home

Hot Albany Park! Classic 1923 "Chicago Yellow Brick" 2-flat featuring 3,056 square feet between the 2 apartments. Large "Octagon-style" living room with oversized formal dining room, 2 bedrooms, den and 1 bath in each unit. Large basement can be finished. Roof, gutters, water heater, and tuck pointing in 2021. Furniture negotiable. Home has been lovingly cared for by same owners for over 40 years. Great location, situated on quiet tree lined cul va sac street that dead ends to Eugene Field Park. Blocks away from grocery stores, parks, shopping, restaurants, and Northern Illinois University. Please note, there is not a garage on this property but you can build one. Easy street parking.

Multi-familyProperty Type

1927Year Built

3,750 sq ftLot Size

$230Est. Price/Sq.Ft.

Listed by Maggie Ahern • Dream Town Real Estate

Bought with Beth Gomez • Berkshire Hathaway HomeServices Chicago

Redfin checked: a minute ago

•Source:MRED as Distributed by MLS Grid #11367434

Redfin Estimate

$703,861

$119K since sold in May 2022$16K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 2.6% higher than the average sale price ($686K) of 4 comparable homes.

SOLD JUL 29, 2026
$609,000
A
4 beds2 baths— sq ft
5030 N Ridgeway Ave, Chicago, IL 60625
SOLD BY REDFIN SEP 15, 2026
$775,000
B
5 beds2 baths2,835 sq ft
4940 N Whipple St, Chicago, IL 60625
SOLD SEP 8, 2026
$810,000
C
4 beds3.5 baths2,850 sq ft
4915 N Kostner Ave, Chicago, IL 60630
SOLD JUL 24, 2026
$549,900
D
5 beds2 baths2,500 sq ft
4958 N Keeler Ave, Chicago, IL 60630

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Earn from this home

Sell

$239,631

Est. take-home

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Refinance

Est. cash available

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Market trends in Albany Park, IL

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

105.1%

0.1% MoM

Median sale price

$500K

$50K MoM

Avg. days on market

43d

2 days MoM

Recently sold homes

2 MoM

New listings for sale

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2 beds1 bath— sq ft
2243 W Ainslie St Unit 3W, Chicago, IL 60625
NEW
$675,000
3 beds2.5 baths3,140 sq ft
4821 N Harding Ave, Chicago, IL 60625
$389,500
2 beds2 baths1,079 sq ft
5300 N Lincoln Ave Unit 5C, Chicago, IL 60625
$539,900
3 beds2 baths1,500 sq ft
4915 N Lincoln Ave #2, Chicago, IL 60625
$229,900
1 bed1 bath700 sq ft
3923 W Ainslie St #2, Chicago, IL 60625
$394,000
3 beds2.5 baths1,377 sq ft
4910 N Spaulding Ave Unit 1E, Chicago, IL 60625
$675,000
3 beds2 baths1,650 sq ft
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2 beds2 baths1,000 sq ft
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4426 N Damen Ave, Chicago, IL 60625
See all

Provided by Redfin

Sale history for 5041 N Ridgeway Ave

Year

Property tax

Land + Additions

Assessment*

2023

$9,317 (+19.3%)

$13,125 + $37,875

$51,000

2022

$7,811 (+1.9%)

$10,500 + $33,500

$44,000

2021

$7,668 (+33.9%)

$10,500 + $33,500

$44,000

2020

$5,727 (−4.3%)

$5,437 + $25,768

$31,205

2019

$5,986 (+1.8%)

$5,437 + $30,431

$35,868

2018

$5,883 (−5.6%)

$5,437 + $30,431

$35,868

2017

$6,230 (+1.2%)

$4,875 + $30,044

$34,919

2016

$6,157 (+10.1%)

$4,875 + $30,044

$34,919

2015

$5,594 (+0.7%)

$4,875 + $30,044

$34,919

2014

$5,554 (+2.4%)

$4,500 + $29,729

$34,229

2013

$5,425 (+0.9%)

$4,500 + $29,729

$34,229

2012

$5,375 (−10.9%)

$4,500 + $29,729

$34,229

2011

$6,033 (−10.2%)

$6,000 + $35,270

$41,270

2010

$6,716 (+4.4%)

$6,000 + $35,270

$41,270

2009

$6,435 (−8.8%)

$6,000 + $35,270

$41,270

2008

$7,053 (+28.0%)

$8,249 + $40,921

$49,170

2007

$5,510

$8,249 + $40,921

$49,170

Tax history for 5041 N Ridgeway Ave

Year

Property tax

Land + Additions

Assessment*

2023

$9,317 (+19.3%)

$13,125 + $37,875

$51,000

2022

$7,811 (+1.9%)

$10,500 + $33,500

$44,000

2021

$7,668 (+33.9%)

$10,500 + $33,500

$44,000

2020

$5,727 (−4.3%)

$5,437 + $25,768

$31,205

2019

$5,986 (+1.8%)

$5,437 + $30,431

$35,868

2018

$5,883 (−5.6%)

$5,437 + $30,431

$35,868

2017

$6,230 (+1.2%)

$4,875 + $30,044

$34,919

2016

$6,157 (+10.1%)

$4,875 + $30,044

$34,919

2015

$5,594 (+0.7%)

$4,875 + $30,044

$34,919

2014

$5,554 (+2.4%)

$4,500 + $29,729

$34,229

2013

$5,425 (+0.9%)

$4,500 + $29,729

$34,229

2012

$5,375 (−10.9%)

$4,500 + $29,729

$34,229

2011

$6,033 (−10.2%)

$6,000 + $35,270

$41,270

2010

$6,716 (+4.4%)

$6,000 + $35,270

$41,270

2009

$6,435 (−8.8%)

$6,000 + $35,270

$41,270

2008

$7,053 (+28.0%)

$8,249 + $40,921

$49,170

2007

$5,510

$8,249 + $40,921

$49,170

*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

Baths

2.5

Stories

Lot width

—

Lot depth

—

Lot size

3,750

Year renovated

2022

Sq. Ft.

3,056

Year built

1927

Style

Multi-Family (2-4 Unit)

County

Cook County

APN

13113100060000

Parking Spaces

—

Basement

Yes

Accessible

HOA Dues

—

Garage

Features

—

Last updated by owner on May 25, 2023.

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
Parking: None

Interior

Bathroom Information
# of Baths (Full): 2
# of Baths (1/2): 1

Bedroom Information
# of Bedrooms: 4
# of Bedrooms Possible: 4

Additional Rooms Information
Basement: Full
Basement Description: Unfinished

Interior Features
# of Rooms: 12

Unit Type 1 Information
Floor Number: 1
Sq. Ft.: 1,528
# of Rooms: 6
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator
Security Deposit: 0
Tenant Pays: All
Lease Expiration Date: N/A

Unit Type 2 Information
Floor Number: 2
Sq. Ft.: 1,528
# of Rooms: 6
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator
Tenant Pays: Electric
Lease Expiration Date: N/A

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
General Information: Commuter Bus,Commuter Train
Parcel Number: 13113100060000

Lot Information
Dimensions: UNKNOWN
Lot Size: Less Than .25 Acre
Zoning: MULTI

Financial

Tax Information
Tax Annual Amount: $7,064.84
Tax Year: 2020
Tax Exemptions: Homeowner,Senior

Financial Information
Finance Code: Conventional
Special Service Area: N

Utilities

Utility Information
Water Source: Lake Michigan
Sewer: Public Sewer

Heating & Cooling
Heating: Natural Gas

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: South of Foster, east of Kimball. Bernard is one-way going north.

Public facts

Beds: 4
Baths: 2.5
Sq. Ft.: 3,056
Stories: 2.0
Parking Spaces: —
Basement: Yes
Accessible: No
Lot Size: 3,750 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1927
Year Renovated: 2022
County: Cook County
APN: 13113100060000
HOA Dues: —
Garage: No
Features: —

Home facts updated by owner on May 25, 2023

Other

Listing Information
Holds Earnest Money: Yes
Possession: Closing

Teams Information
Buyer Team Name: Beth Gomez

Around this home

Schools

Volta Elementary School

Public PreK-8 • Assigned • 0.2mi

4/10

Roosevelt High School

Public 9-12 • Assigned • 0.6mi

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

2/10 Heat Factor

7 days above 99° expected this year, 13 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)

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

$650,000 – $787,000

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Home values near 5041 N Ridgeway Ave

Data from public records.

Address	Redfin Estimate
5033 N Ridgeway Avenue #2, Chicago, IL 3 Beds \| 1 Baths \| - Sq. Ft.	$346,585
5059 N Ridgeway Avenue, Chicago, IL 6 Beds \| 4 Baths \| - Sq. Ft.	$994,801

Address	Redfin Estimate
5033 N Ridgeway Avenue #1, Chicago, IL 3 Beds \| 1 Baths \| 1400 Sq. Ft.	$365,002
5053 N Ridgeway Avenue #2, Chicago, IL 4 Beds \| 2 Baths \| - Sq. Ft.	$645,636

Address	Redfin Estimate
5049 N Ridgeway Avenue #1, Chicago, IL 6 Beds \| 3 Baths \| - Sq. Ft.	$530,302
5040 N Ridgeway Avenue, Chicago, IL 4 Beds \| 4 Baths \| - Sq. Ft.	$896,369

Property information provided by MRED as Distributed by MLS Grid when last listed in 2022. This data may not show owner updates. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in Albany Park, IL

Sale history for 5041 N Ridgeway Ave

Tax history for 5041 N Ridgeway Ave

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 60625

Home values near 5041 N Ridgeway Ave

More real estate resources