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$550,000
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Property Description
Gorgeous Brick Bungalow in front and Brick 2 Flat in back with tons of updates throughout. Check out this unique 3 unit in Humboldt Park ideal for multi-generational living or rental income! The Massive Front Brick Bungalow features 5 Bedrooms, (3 on main & 2 up) and 1.5 Bathrooms, unfinished basement with potential to duplex (high ceilings). Perfect for owner occupant to live in one unit and collect passive income from the 2 units. Rear Building features a Duplexed 4 bedrooms, 2 bathrooms plus the top floor unit has additional 2 bedroom and 1 bathroom currently rented to long term tenant paying below market rent. Bonus: ALL units have separate utilities. Front has radiant heating and rear has separate central heating and hot water tanks. Owner recently added drain tile system & sump pump to rear unit and updated 2 of the 3 units with new quartz countertops and shaker cabinetry in kitchens, updated bathrooms, freshly painted, new light fixtures, carpeting, and LVT flooring. Both Roofs are tear off and 3 years new! All Electrical & plumbing updated in 2010/2011. Too many upgrades to list. This block has easy permit parking all day. Your buyers will love the opportunity and the flexibility this property offers!
Full Property Details
Full Property Details for 1016 N Ridgeway Ave
General
- Sold For: $550,000
- Taxes: $5,553 (2022)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12039022
- Added to Site: 210 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 5
Bedrooms
- Total Bedrooms: 11
Additional Information
- Equipment: Ceiling Fan(s), Multiple Water Heaters, Water Heater-Gas
- Other Features: Commuter Bus
Parking
- Parking Type: None
Location
- Area: CHI - Humboldt Park
- County: Cook
- Driving Directions: Take Augusta East or West to ridgeway North
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas, Forced Air, Radiant
Utilities
- Water: Lake Michigan, Public
Structural Information
- Architectural Style: Bungalow
- Exterior Const.: Brick
- Basement Desc.: Full
- Roof: Asphalt, Flat
- Year Built: 1926
- Built Before 1978: Yes
Unit Information
- Units in Building: 3
Lot Features
- Lot Size Range: Standard Chicago Lot
- Lot Dimensions: 25 x 125
- Zoning: MULTI
Financial Considerations
- Assessment Year: 1926
- Tax Amount: $5,553
- Tax Year: 2022
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: List Broker Must Accompany
- Property ID: 16023130390000
Listed by Re/Max Cityview
Sold by Re/Max Premier
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Schools
Schools serving 1016 N Ridgeway Ave
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
1234 N Monticello Ave, Chicago, IL 60651 | PK-8 | 0.3 mi | |
730 N Pulaski Rd, Chicago, IL 60624 | 9-12 | 0.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1016 N Ridgeway Ave
Date
Details
Price
Change
Source
7/31/2024
Sold
$550,000
-1.79%
MLS
6/15/2024
Listed
$560,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1016 N Ridgeway Avenue, Chicago, IL 60651 (MLS# 12039022) is a Multi-Family property that was sold at $550,000 on July 31, 2024. Want to learn more about 1016 N Ridgeway Avenue? Do you have questions about finding other Multi-Family real estate for sale in Humboldt Park? You can browse all Humboldt Park real estate or contact a Coldwell Banker agent to request more information.