OFF MARKET

Off Market May 2023 for $2.1M

—

Est. refi paymentEst. refi $4,668/mo

•

16 ba

•

—

sq ft

5771 N Ridge Ave, Chicago, IL 60660

About this home

Luxury, income producing property in Fantastic Edgewater location. 6 unit building with nearly $200k in gross annual income with condo quality units. Building features 2 duplex down 3 bed 3 bath units on 1st level, 2 simplex 3 bed 2 bath units on 2nd level and 2 additional duplex up units on 3rd and 4th levels. Rents ranging from $2500-$3000 with mulitiple, long term tenants. Also prime opportunity for condo conversion with attached garage parking spots and roof deck possibilities. Modern finishes throughout with kitchens featuring Viking appliances, Brookhaven cabinetry and granite tops.Stone baths, hardwood floors and in unit laundry. Easy access to Byrn Mawr el and shops, Edgewater Beach and short walk to Andersonville shops boutiques and nightlife. A fantastic, turnkey opportunity!

Multi-familyProperty Type

2008Year Built

6 spacesParking

Listed by Brett Huelat • CL3 Property Management

Listed by Paul De Legge • CL3 Property Management

Bought with Jason Huang • Keller Williams Experience

Redfin checked: 2 minutes ago

•Source:MRED as Distributed by MLS Grid #11727247

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in Magnolia Glen, IL

Last updated August 2026

Sale-to-List Price

101.9%

+2.6% MoM

Median sale price

$345K

$15K MoM

Avg. days on market

46d

3 days MoM

Recently sold homes

4 MoM

New listings for sale

EARLY ACCESS
$650,000
5 beds2 baths— sq ft
1435 W Glenlake Ave, Chicago, IL 60660
REDFIN OPEN SAT, 1PM TO 3PM
$345,000
3 beds1.5 baths1,280 sq ft
6306 N Hermitage Ave Unit E, Chicago, IL 60660
LISTED BY REDFIN
$239,000
2 beds1 bath700 sq ft
5743 N Ridge Ave #1, Chicago, IL 60660
OPEN FRI, 4PM TO 6PM
$995,000
6 beds3 baths— sq ft
1335 W Hollywood Ave, Chicago, IL 60660
$175,000
1 bed1 bath950 sq ft
5701 N Sheridan Rd Unit 5U, Chicago, IL 60660
OPEN SAT, 11AM TO 1PM
$574,900
2 beds2 baths1,150 sq ft
1619 W Hollywood Ave #3, Chicago, IL 60660
EARLY ACCESS
$1,600,000
5 beds3.5 baths4,281 sq ft
5960 N Hermitage Ave, Chicago, IL 60660
$159,000
1 bed1 bath750 sq ft
6030 N Sheridan Rd #803, Chicago, IL 60660
OPEN SAT, 11AM TO 1PM
$169,900
1 bed1 bath750 sq ft
6301 N Sheridan Rd Unit 10C, Chicago, IL 60660
$140,000
1 bed1 bath750 sq ft
6118 N Sheridan Rd #106, Chicago, IL 60660
See all

Provided by Redfin

Sale history for 5771 N Ridge Ave

Year

Property tax

Land + Additions

Assessment*

2023

$21,596 (+2.6%)

$32,860 + $107,966

$140,826

2022

$21,053 (+2.3%)

$26,500 + $75,856

$102,356

2021

$20,583 (−40.7%)

$26,500 + $75,856

$102,356

2020

$34,715 (−3.5%)

$21,200 + $134,635

$155,835

2019

$35,988 (+1.7%)

$21,200 + $157,921

$179,121

2018

$35,382 (+27.4%)

$21,200 + $157,921

$179,121

2017

$27,768 (+7.5%)

$18,020 + $110,971

$128,991

2016

$25,835 (+9.3%)

$18,020 + $110,971

$128,991

2015

$23,637 (+20.5%)

$18,020 + $110,971

$128,991

2014

$19,619 (+2.0%)

$13,250 + $92,496

$105,746

2013

$19,232 (+1.4%)

$13,250 + $92,496

$105,746

2012

$18,976 (+11.5%)

$13,250 + $92,496

$105,746

2011

$17,024 (−0.4%)

$15,900 + $89,154

$105,054

2010

$17,095 (+4.4%)

$15,900 + $89,154

$105,054

2009

$16,382 (−11.0%)

$15,900 + $89,154

$105,054

2008

$18,402

$10,600 + $117,683

$128,283

Tax history for 5771 N Ridge Ave

Year

Property tax

Land + Additions

Assessment*

2023

$21,596 (+2.6%)

$32,860 + $107,966

$140,826

2022

$21,053 (+2.3%)

$26,500 + $75,856

$102,356

2021

$20,583 (−40.7%)

$26,500 + $75,856

$102,356

2020

$34,715 (−3.5%)

$21,200 + $134,635

$155,835

2019

$35,988 (+1.7%)

$21,200 + $157,921

$179,121

2018

$35,382 (+27.4%)

$21,200 + $157,921

$179,121

2017

$27,768 (+7.5%)

$18,020 + $110,971

$128,991

2016

$25,835 (+9.3%)

$18,020 + $110,971

$128,991

2015

$23,637 (+20.5%)

$18,020 + $110,971

$128,991

2014

$19,619 (+2.0%)

$13,250 + $92,496

$105,746

2013

$19,232 (+1.4%)

$13,250 + $92,496

$105,746

2012

$18,976 (+11.5%)

$13,250 + $92,496

$105,746

2011

$17,024 (−0.4%)

$15,900 + $89,154

$105,054

2010

$17,095 (+4.4%)

$15,900 + $89,154

$105,054

2009

$16,382 (−11.0%)

$15,900 + $89,154

$105,054

2008

$18,402

$10,600 + $117,683

$128,283

*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

Stories

Lot width

—

Lot depth

—

Lot size

5,300 Sq. Ft.

Year renovated

—

Sq. Ft.

10,775

Year built

2006

Style

Multi-Family (5+ Unit)

County

Cook County

APN

14053120200000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 16, 2026.

B1-2

Neighborhood Shopping District

The B1, Neighborhood Shopping district is intended to accommodate a broad range of small-scale retail and service uses.; B1 zoning is intended to be applied in compact nodes at the intersection of two or more major streets or in a cohesive linear fashion along relatively narrow streets that have low traffic speeds and volumes (compared to multi-lane, major streets).; The B1 district is intended to exhibit the physical characteristics of storefront-style shopping streets that are oriented to pedestrians.; The B1 district permits residential dwelling units above the ground floor.; The B1 district can be combined with the dash 1, dash 1.5, dash 2, dash 3 or dash 5 bulk and density designations

Permitted uses

Include but are not limited to:

Bank
Day care facility
General retail
Restaurant
Housing-Other
Bed & breakfast
Mixed use
Office
Library
Post office

Property details

Parking

Parking Information
# of Parking (Total): 6
Outdoor Parking: None On Site
Indoor Parking: 6-12 Spaces

Interior

Equipment
# Of Dishwashers: 6
# Of Ranges: 6
# Of Washers: 6
# Of Dryers: 6

Unit Type 1 Information
# of Rooms: 7
# of Bedrooms: 3
# of Bathrooms (Total): 3
# of Full Bathrooms: 3
# of Units: 2
Monthly Income: $2,550
Monthly Income Max: $2,700

Unit Type 2 Information
# of Rooms: 5
# of Bedrooms: 3
# of Bathrooms (Total): 2
# of Full Bathrooms: 2
# of Units: 2
Monthly Income: $2,500
Monthly Income Max: $2,700

Unit Type 3 Information
# of Rooms: 7
# of Bedrooms: 3
# of Bathrooms (Total): 3
# of Full Bathrooms: 3
# of Units: 2
Monthly Income: $3,000
Monthly Income Max: $3,000

Exterior

Building Information
# of Units: 6
Exterior Building Type: Brick,Glass,Stone,Other
Built Before 1978 (Y/N): No

Property Information
Property Type: Multi Family 5+
Tenancy Type: Leases
Parcel Number: 14053120200000

Lot Information
Dimensions: 122X44X20X49X100 (IRREGULAR)

Financial

Tax Information
Tax Annual Amount: $20,583
Tax Year: 2021

Financial Information
Finance Code: Conventional
Gross Rent Multiplier: 11.1
Total Monthly Income: $16,450
Gross Income: $197,400

Utilities

Heating & Cooling
Heat/Ventilation: Forced Air,Gas
Cooling: Central Air

Location

Location Information
Directions: Corner of Ridge and Glenwood, between Clark and Broadway.

Public facts

Beds: 18
Baths: 9.0
Sq. Ft.: 10,775
Stories: 1.0
Lot Size: 5,300 square feet
Style: Multi-Family (5+ Unit)
Year Built: 2006
Year Renovated: —
County: Cook County
APN: 14053120200000

Home facts updated by county records on Sep 16, 2026

Other

Expense Information
Water Sewer Expense: $3,176
Water Expense Source: Actual
Electric Expense: $646
Trash Expense: $6,046
Insurance Expense: $6,171

Around this home

Schools

Peirce Elementary Intl Studies School

Public PreK-8 • Assigned • 0.3mi

5/10

Senn High School

Public 9-12 • Assigned • 0.1mi

3/10

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

1% 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 • 60660

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

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Home values near 5771 N Ridge Ave

Data from public records.

Address	Redfin Estimate
5776 North Ridge Ave Apt 2, Chicago, IL 2 Beds \| 2 Baths \| 1850 Sq. Ft.	$571,973
5772 North Ridge Ave, Chicago, IL 4 Beds \| 2 Baths \| 2040 Sq. Ft.	$511,957

Address	Redfin Estimate
5776 North Ridge Ave Apt 1, Chicago, IL - Beds \| 2 Baths \| - Sq. Ft.	$522,491
5766 North Ridge Ave Apt 1, Chicago, IL 4 Beds \| 2 Baths \| 2088 Sq. Ft.	$683,372

Address	Redfin Estimate
5776 North Ridge Ave Apt G, Chicago, IL 2 Beds \| 2 Baths \| 1850 Sq. Ft.	$580,934
5770 North Ridge Ave Apt 2, Chicago, IL 5 Beds \| 4 Baths \| - Sq. Ft.	$881,467

Property information provided by MRED as Distributed by MLS Grid when last listed in 2023. This data may not match . Learn more.

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About this home

Redfin Estimate

Market trends in Magnolia Glen, IL

Sale history for 5771 N Ridge Ave

Tax history for 5771 N Ridge Ave

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 60660

Home values near 5771 N Ridge Ave

More real estate resources