Great investment opportunity to own a solid brick 3 flat that is fully rented! Many updates including windows, roof, tuckpointing, kitchens and baths. Each unit has separate utilities.
Multi-familyProperty Type
3,125 sq ftLot Size
2 spacesParking
Listed by Al Schwartz• Fulton Grace Realty
Bought with Frank Montro• Keller Williams Preferred Rlty
Bought with Adrian Miller• Keller Williams Preferred Realty
* * PRE-FORECLOSURE / SHORT SALE * * Great Investment Opportunity w/ Positive Cash Flow!! 100% Rented TRUE Brick 3-Flat. Newer Windows, Roof & Tuckpointing. Hardwood Floors, Updated Kitchens and Baths, Separate Utilities in Each Unit - Central AC & Furnace. First Floor Condo is SEC-8 Housing. MAKE AN OFFER!
MRED as Distributed by MLS Grid #07073150
Nov 15, 2009
Listing Removed
—
Nov 24, 2008
Listing Removed
—
MRED as Distributed by MLS Grid #06696023
Oct 7, 2008
Listing Removed
—
Public Records
May 30, 2006
Sold
$359,000
Public Records
Jan 19, 1995
Sold
$62,000
Year
Property tax
Land + Additions
Assessment*
2023
$2,116 (+2.9%)
$5,781 + $25,519
$31,300
2022
$2,057 (+2.3%)
$4,687 + $5,312
$9,999
2021
$2,011 (−41.3%)
$4,687 + $5,312
$9,999
2020
$3,425 (−3.5%)
$3,671 + $11,705
$15,376
2019
$3,551 (+1.7%)
$3,671 + $14,003
$17,674
2018
$3,491 (+11.0%)
$3,671 + $14,003
$17,674
2017
$3,146 (−16.8%)
$3,281 + $14,708
$17,989
2016
$3,783
$3,281 + $18,105
$21,386
Tax history for 840 N Ridgeway Ave
Year
Property tax
Land + Additions
Assessment*
2023
$2,116 (+2.9%)
$5,781 + $25,519
$31,300
2022
$2,057 (+2.3%)
$4,687 + $5,312
$9,999
2021
$2,011 (−41.3%)
$4,687 + $5,312
$9,999
2020
$3,425 (−3.5%)
$3,671 + $11,705
$15,376
2019
$3,551 (+1.7%)
$3,671 + $14,003
$17,674
2018
$3,491 (+11.0%)
$3,671 + $14,003
$17,674
2017
$3,146 (−16.8%)
$3,281 + $14,708
$17,989
2016
$3,783
$3,281 + $18,105
$21,386
*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
3
Stories
1.5
Lot width
—
Lot depth
—
Lot size
3,125 Sq. Ft.
Year renovated
—
Sq. Ft.
2,856
Year built
1888
Style
Multi-Family (2-4 Unit)
County
Cook County
APN
16023290250000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 15, 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 Cars: 2
# of Parking (Total): 2
Parking On-Site: Yes
Parking: Space/s
Parking Ownership: N/A
Interior
Bathroom Information
# of Baths (Full): 3
Bedroom Information
# of Bedrooms: 8
# of Bedrooms Possible: 8
Additional Rooms Information
Basement Description: None
Interior Features
# of Rooms: 14
Multi-Unit Information
3 Br Unit(s) In Bldg: Yes
Unit Type 1 Information
Floor Number: 1
Sq. Ft.: 1,147
# of Rooms: 6
# of Bedrooms: 3
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator,Hardwood Floors
Security Deposit: 0
Rent: $950
Tenant Pays: All
Lease Expiration Date: Saturday, July 1, 2023
Unit Type 2 Information
Floor Number: 2
Sq. Ft.: 1,147
# of Rooms: 7
# of Bedrooms: 3
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator,Laundry Hook-Up,Hardwood Floors
Rent: $950
Tenant Pays: All
Lease Expiration Date: MTM
Unit Type 3 Information
Floor Number: 3
Sq. Ft.: 1,066
# of Rooms: 5
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator,Hardwood Floors,Skylights/Windows
Rent: $850
Tenant Pays: All
Lease Expiration Date: MTM
Exterior
Building Information
# Of Units in Building: 3
Exterior Building Type: Brick
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: 16023290250000
Lot Information
Dimensions: 25 X 125
Lot Size: Less Than .25 Acre
Financial
Tax Information
Tax Annual Amount: $2,010.71
Tax Year: 2021
Financial Information
Finance Code: FHA
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: West Chicago
Corporate Limits: Chicago
Directions: CHICAGO AVE TO RIDGEWAY N TO PROPERTY
Public facts
Beds: 8
Baths: 3.0
Sq. Ft.: 2,856
Stories: 1.5
Lot Size: 3,125 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1888
Year Renovated: —
County: Cook County
APN: 16023290250000
Home facts updated by county records on Sep 15, 2026
Other
Listing Information
Holds Earnest Money: Yes
Possession: Closing
Teams Information
Buyer Team Name: Frank Montro Homes Team
Around this home
Schools
Ward L Elementary School
Public PreK-8 • Assigned • 0.3mi
3/10
Orr Academy High School
Public 9-12 • Assigned • 0.4mi
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 100° expected this year, 14 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, 7 days in 30 years
Provided by First Street
Historical weather
Chicago, IL • 60651
Average low and high temperatures (°F)
30
17
39
24
55
35
62
44
69
50
82
64
86
70
82
67
79
61
68
51
51
39
38
24
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
$444,000 – $537,000
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