Rare Investment Opportunity in Edgewater! Welcome to 5791 N Ridge Ave - a beautifully maintained legal 4-unit brick building offering strong rental income and long-term value. With extensive updates throughout, this is a true turnkey property ideal for both seasoned investors and first-time multi-unit buyers. The building features three spacious 2 bed / 2 bath units, plus a 2 bed / 1 bath garden apartment. Each unit offers hardwood floors, stylish kitchens, updated bathrooms, in-unit laundry. 1st, 2nd, and 3rd floor each has a gas fireplace and individual mechanicals. Major capital improvements include: * 2010 full remodel: new electrical, plumbing, building & garage roofs, 4 boilers, 4 A/C units, and all new appliances * Furnace upgrades: 3rd floor (2010), basement (2011), 2nd floor (2013) * Ongoing updates: dishwashers, microwaves, washers/dryers, hot water heater (2022), garage tuckpointing (2011), masonry repairs (2023) * Iron fence (2016) adds curb appeal and privacy Located in Edgewater, a highly desireable communite with public transportation, shops, and restaurants. Currently, the building is self-managed, and the saving is then passed on to the tenants. The current rent is below market value because tenants are long-time, stable tenants. A rare opportunity to own an income-producing asset in one of Chicago's consistent North Side rental markets. Don't miss it!
Unique 4 unit building with 3 - large 4BR/1BA apartments and 1 - 1BR/1BA. Brick garage. This property needs repairs and is sold "AS-IS - WHERE-IS". No survey provided. Seller addendums required. Seller paid incentive payable at closing to selling agent $750.
MRED as Distributed by MLS Grid #06641517
Dec 1, 2008
Listing Removed
—
MRED as Distributed by MLS Grid #06515593
Jun 19, 2007
Listing Removed
—
MRED as Distributed by MLS Grid #06444474
May 15, 2007
Listing Removed
—
Public Records
Oct 18, 1999
Sold
$350,000
Public Records
Oct 18, 1999
Sold
$489,000
Public Records
Feb 26, 1997
Sold
$195,200
Public Records
Jul 2, 1991
Sold
$350,000
Year
Property tax
Land + Additions
Assessment*
2023
$10,760 (+2.6%)
$19,375 + $57,625
$77,000
2022
$10,490 (+2.3%)
$15,625 + $35,375
$51,000
2021
$10,256 (+8.0%)
$15,625 + $35,375
$51,000
2020
$9,495 (−3.5%)
$12,500 + $30,123
$42,623
2019
$9,843 (+1.7%)
$12,500 + $36,493
$48,993
2018
$9,678 (−2.5%)
$12,500 + $36,493
$48,993
2017
$9,928 (+7.5%)
$10,625 + $35,493
$46,118
2016
$9,237 (+9.3%)
$10,625 + $35,493
$46,118
2015
$8,450 (+4.7%)
$10,625 + $35,493
$46,118
2014
$8,072 (+2.0%)
$7,500 + $36,006
$43,506
2013
$7,912 (+1.3%)
$7,500 + $36,006
$43,506
2012
$7,807 (−6.0%)
$7,500 + $36,006
$43,506
2011
$8,308 (−0.4%)
$9,375 + $41,893
$51,268
2010
$8,342 (+4.4%)
$9,375 + $41,893
$51,268
2009
$7,994 (+5.2%)
$9,375 + $41,893
$51,268
2008
$7,600 (+1.0%)
$8,749 + $44,231
$52,980
2007
$7,524
$8,749 + $44,231
$52,980
Tax history for 5791 N Ridge Ave
Year
Property tax
Land + Additions
Assessment*
2023
$10,760 (+2.6%)
$19,375 + $57,625
$77,000
2022
$10,490 (+2.3%)
$15,625 + $35,375
$51,000
2021
$10,256 (+8.0%)
$15,625 + $35,375
$51,000
2020
$9,495 (−3.5%)
$12,500 + $30,123
$42,623
2019
$9,843 (+1.7%)
$12,500 + $36,493
$48,993
2018
$9,678 (−2.5%)
$12,500 + $36,493
$48,993
2017
$9,928 (+7.5%)
$10,625 + $35,493
$46,118
2016
$9,237 (+9.3%)
$10,625 + $35,493
$46,118
2015
$8,450 (+4.7%)
$10,625 + $35,493
$46,118
2014
$8,072 (+2.0%)
$7,500 + $36,006
$43,506
2013
$7,912 (+1.3%)
$7,500 + $36,006
$43,506
2012
$7,807 (−6.0%)
$7,500 + $36,006
$43,506
2011
$8,308 (−0.4%)
$9,375 + $41,893
$51,268
2010
$8,342 (+4.4%)
$9,375 + $41,893
$51,268
2009
$7,994 (+5.2%)
$9,375 + $41,893
$51,268
2008
$7,600 (+1.0%)
$8,749 + $44,231
$52,980
2007
$7,524
$8,749 + $44,231
$52,980
*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
8
Baths
4
Stories
3
Lot width
—
Lot depth
—
Lot size
3,125 Sq. Ft.
Year renovated
—
Sq. Ft.
3,843
Year built
1929
Style
Multi-Family (2-4 Unit)
County
Cook County
APN
14053120100000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 16, 2026.
RT-3.5
Residential Two-Flat, Townhouse and Multi-Unit District
The primary purpose of the RT districts is to accommodate detached houses, two-flats, townhouses and low-density, multi-unit residential buildings at a density and building scale that is compatible with RS districts. The districts are intended to be applied in area characterized by a mix of housing types. The districts are also intended to provide a gradual transition between RS districts and higher density RM districts. The RT districts are differentiated primarily on the basis of allowed density (minimum lot area per unit) and floor area ratios.