5054 N Ridgeway Ave
5054 N Ridgeway Ave,
Chicago, IL 60625
$1,600 | Studio - 2 Beds
Chicago's North Park neighborhood is home to Northeastern Illinois University and North Park University, which contribute a youthful energy to the area. Located just 12 miles north of Downtown Chicago, North Park residents of all ages enjoy quick morning commutes to the city's business district. Single-family homes and condos on peaceful, tree-lined streets provide the perks of suburban living within minutes of everything Chicago has to offer.
North Park contains numerous lush green spaces. The neighborhood’s 39-acre Gompers Park supplies plenty of recreational opportunities with a pool, lagoon, tennis courts, and a roller hockey area. The North Park Village Nature Center, a 46-acre preserve with lots of walking trails, offers ample options for outdoor activities as well.
A diverse array of restaurants caters to every taste in North Park. Residents and visitors alike indulge in delights ranging from Scandinavian cuisine at Tre Kronor to Japanese fare at Midori.
As of April 2025, the average apartment rent in North Park is $960 for a studio, $1,273 for one bedroom, $1,304 for two bedrooms, and $1,826 for three bedrooms. Apartment rent in North Park has increased by 2.0% in the past year.
Studio
612 sq ft
Average Sq Ft
$960/month
Average Rent
1 BR
677 sq ft
Average Sq Ft
$1,273/month
Average Rent
2 BR
634 sq ft
Average Sq Ft
$1,304/month
Average Rent
3 BR
837 sq ft
Average Sq Ft
$1,826/month
Average Rent
Very Walkable
out of 100 WalkScore® Rating
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
Good Transit
out of 100 TransitScore® Rating
The area around this property has good transit with many nearby transportation options.
Very Bikeable
out of 100 BikeScore® Rating
This area is very bikeable. You’ll find a variety of bike paths and lanes.
Current Resident
6 years and 7 months ago•Niche Review
Nice safe predominately white neighborhood. Everyone has a pet. Joggers around. Diverse restaurants and food. Not too expensive. Quiet. Different colleges and schools.
Niche User
7 years and 8 months ago•Niche Review
I like north park as a community. Friendly faces and very convenient with transportation and so much more.
Current Resident
7 years and 11 months ago•Niche Review
Great neighborhood, very diverse, university campus' means lots of interesting stores and restaurants. Nice parks and river are plus, libraries public and universities. Transportation is perfect. Near Brown Line train and several bus lines. Two top rated high schools and two universities, many churches.
Nearby Resident
8 years and 4 months ago•Niche Review
North Park is an awesome Chicago neighborhood. I live about five minutes away. It has a bunch of restaurants and things to do around there. Other neighboring neighborhoods are Albany Park, Budlong woods, and Lincoln Square.
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.