5824 Ridge Avenue, Edgewater, Chicago, Illinois 60660
$950,000
|
For Sale
|
|
| Status: | New |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 8 |
| Baths: | 0 |
| Year Built: | 1900 |
| Property Taxes: | $16,404 |
| Days On Market: | 2 |
| Lot Size: | 0,11 |
Description
Solid brick three-flat on an oversized 37.5 x 125 RT4 lot where Edgewater meets Andersonville. Three full-floor units (2BR/1BA, 3BR/1BA and 3BR/1BA; 8 bedrooms total), a full basement with coin laundry and a storage locker for each unit, and a 3-car detached garage with one space open to rent. Fully leased at $5,825/month ($69,900/year), with all leases ending May-July 2027 and in-place rents below current area asking rents. Units are separately metered for electric. Capital work includes a roof replaced in 2020, roof repairs and tuckpointing in fall 2026, and boiler service in 9/2026, with $115,000+ in documented improvements since 2019. RT4 zoning may allow a 4th unit or a duplex-down of Unit 1; buyer to verify. About 0.5 mi to the Peterson/Ridge Metra and 0.4 mi to the Thorndale Red Line, with the #22 Clark and #84 Peterson buses nearby. Also near Whole Foods and Jewel-Osco (each about 0.4 mi), the Clark St shops and restaurants of Andersonville (0.7 mi) and Lane Beach on Lake Michigan (0.7 mi).
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1900 | |
| — | |
| — | |
| No | |
| 0.11 |
| Cook | |
| — | |
| — / — | |
| — | |
| — | |
| — | |
| 12784946 | |
| 14053110420000 |
Nearby Schools
| NAME: | DISTRICT: | DISTANCE: | |
|---|---|---|---|
|
Grade School
Peirce Elementary School Intl St |
299 | — | |
|
High School
Senn High School |
299 | Not in DB | |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 24 Jun, 2019 | Sold | $570,000 | MRED MLS |
| 24 May, 2019 | Under contract | $619,900 | MRED MLS |
| — | Last price change | $634,900 | MRED MLS |
| 19 Aug, 2018 | Listed for sale | $799,900 | MRED MLS |
| 14 Oct, 2026 | Listed for sale | $950,000 | MRED MLS |
Room Specifics
Total Bedrooms: 8
Bedrooms Above Ground: 8
Bedrooms Below Ground: 0
Dimensions: —
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Full Bathrooms: 3
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Basement Description: —
Other Specifics
| 3 | |
| — | |
| — | |
| — | |
| — | |
| 37.5 X 125 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| — | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2019 | $6,995 |
| 2026 | $16,404 |
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