NOT LISTED FOR SALE

5733 N Ridge Ave Chicago, IL 60660

Edgewater Neighborhood

Estimated Value: $676,000 - $972,772

8 Beds
4 Baths
2,470 Sq Ft
$333/Sq Ft Est. Value

Last Sold April 30, 2024

Last sale price $865,000 $350 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $6,164/month

32 Days on Market

Highlights

  • Deck
  • 2 Car Detached Garage
  • Multiple Water Heaters
  • Queen Anne Architecture
  • Ceiling Fan
  • Senior Tax Exemptions

About This Home

As of April 2024

Fantastic opportunity to own two, unique, three-story row-homes on a 50' wide lot. Built in 1894 with lots of historic charm. Great bones with spacious rooms on the 1st and 2nd floors and bright 3rd floor space with high-ceilings. There are just under 10 foot ceilings on the 1st floor, allowing for an airy feel with plenty of natural light. Basement ceilings are 7'7" - 7'9". Endless possibilities - live in one, rent out the other; fix and flip; or create four units by duplexing up and down. Lovely wide back yard with existing 2 car garage and pad for 3 more cars. Zoning is RT-3.5.

Last Agent to Sell the Property

Kieran Conlon

Compass License #475124332 Listed on: 02/15/2024

Compass

Co-Listed By

Bill Hynes

Compass License #471005660

Last Buyer's Agent

Laura England

Compass License #475165762

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,462

Year Built

  • Built in 1894

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x125

Parking

  • 2 Car Detached Garage
  • 3 Open Parking Spaces
  • Garage Door Opener
  • Off-Street Parking
  • Parking Included in Price

Home Design

  • Duplex
  • Queen Anne Architecture
  • Brick Foundation
  • Stone Foundation
  • Asphalt Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Schools

  • Peirce Elementary School Intl St
  • Senn High School

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Multiple Water Heaters

Additional Features

  • Ceiling Fan
  • Deck

Community Details

  • 2 Units

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,462

Year Built

Built in 1894

Lot Details

6,098 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Queen Anne
  • New Construction: No
  • Year Built: 1894
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Other Equipment: Ceiling Fan(s), Multiple Water Heaters
  • Basement Description: Unfinished,Exterior Access
  • Below Grade Bedrooms: 0

Exterior Features

  • ExteriorFeatures: Deck
  • Foundation Details: Brick/Mortar, Stone
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • OpenParkingSpaces: 3
  • Parking Features: Off Street
  • ParkingTotal: 5
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan, Public

Schools

  • Elementary School: Peirce Elementary School Intl St
  • High School: Senn High School
  • Middle/Junior School: Peirce Elementary School Intl St

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.14
  • Lot Dimensions: 50X125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 21461.6
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: Duplex Side by Side

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2024
Closed on
Apr 25, 2024
Sold by
Julie Bascom 2006 Trust and Bascom Robert S
Bought by
Finn Luke
Seller's Agent
Kieran Conlon
Compass
Buyer's Agent
Laura England
Compass
List Price
$949,000
Sold Price
$865,000
Premium/Discount to List
-$84,000
-8.85%
Views
55
Current Estimated Value
$822,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$42,557
Avg. Annual Appreciation
-2.63%
Original Mortgage
$778,500
Outstanding Balance
$767,101
Interest Rate
7.88%
Mortgage Type
New Conventional
Estimated Equity
$55,342

Purchase Details

Closed on
Jan 18, 2007
Sold by
Bascom Julie
Bought by
Bascom Julie and Julie Bascom 2006 Trust

Purchase Details

Closed on
Jun 18, 2004
Sold by
Lasalle Bank Na
Bought by
Bascom William E and Bascom Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
6.37%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Finn Luke $865,000 Chicago Title
Bascom Julie -- None Available
Bascom William E -- Stewart Title Of Illinois
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Finn Luke $778,500
Previous Owner Bascom William E $136,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2024 04/30/24 Sold $865,000 -8.9% $350 / Sq Ft
03/19/2024 03/19/24 Pending -- -- --
03/09/2024 03/09/24 For Sale $949,000 +9.7% $384 / Sq Ft
02/26/2024 02/26/24 Off Market $865,000 -- --
02/15/2024 02/15/24 For Sale $949,000 -- $384 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $22,055 $88,000 $41,044 $46,956
2024 $22,055 $88,000 $41,044 $46,956
2023 $21,462 $110,500 $50,000 $60,500
2022 $21,462 $110,500 $50,000 $60,500
2021 $13,842 $110,500 $50,000 $60,500
2020 $11,396 $77,002 $28,750 $48,252
2019 $11,406 $85,558 $28,750 $56,808
2018 $11,219 $85,558 $28,750 $56,808
2017 $10,375 $68,849 $25,000 $43,849
2016 $10,238 $68,849 $25,000 $43,849
2015 $9,522 $68,849 $25,000 $43,849
2014 $8,951 $62,150 $18,750 $43,400
2013 $8,849 $62,150 $18,750 $43,400
Source: Public Records

Agents Affiliated with this Home

  • Kieran Conlon

    Seller's Agent in 2024

    Kieran Conlon

    Compass

    (773) 474-1755

    9 in this area

    139 Total Sales

    Kieran Conlon
    Section Image
  • Bill Hynes

    Seller Co-Listing Agent in 2024

    Bill Hynes

    Compass

    (773) 671-7689

    3 in this area

    21 Total Sales

    Bill Hynes
    Section Image
  • Laura England

    Buyer's Agent in 2024

    Laura England

    Compass

    (312) 543-3178

    3 in this area

    96 Total Sales

    Laura England
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11917147

Midwest Real Estate Data (MRED)

APN: 14-05-317-026-0000

Illinois Cook County Chicago 60660 Edgewater

5733 N Ridge Ave, Chicago, IL

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.