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  • $550,000

    1016 N Ridgeway Ave, Chicago, IL 60651

    11beds
    --sqft
    Multi Family
    Built in 1926
    -- sqft lot
    $588,400 Zestimate®
    $--/sqft
    $1,294 Estimated rent

    Home value

    $588,400

    $524,000 - $659,000

    $1,294/mo

    Zestimate® history
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    What's special

    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!

    Zillow last checked: 8 hours ago

    Listing updated: July 31, 2024 at 01:32pm

    Listing courtesy of:

    Dalia Cajigas, ABR 773-631-8260,

    Re/Max Cityview

    Bought with:

    Alejandro Trujillo

    REMAX PREMIER

    Source: MRED as distributed by MLS GRID,MLS#: 12039022MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 11
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Heating
    • Natural Gas, Forced Air, Radiant
    Appliances
    • Included: Multiple Water Heaters, Gas Water Heater
    Features
    • Basement: Unfinished,Exterior Entry,Full

    Property

    Lot
    • Size: 3,125 sqft
    • Dimensions: 25 X 125
    Details
    • Parcel number: 16023130390000
    • Zoning: MULTI
    • Special conditions: List Broker Must Accompany
    • Other equipment: Ceiling Fan(s)

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Bungalow
    • Property subtype: Multi Family
    Materials
    • Brick
    • Roof: Asphalt,Flat
    Condition
    • New construction: No
    • Year built: 1926

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan, Public

    Community & neighborhood

    Community
    • Community features: Curbs, Sidewalks, Street Lights, Street Paved
    Location
    • Region: Chicago

    Other

    Other facts
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    7/31/2024Sold$550,000-1.8%
    Source: MRED as distributed by MLS GRID #12039022 Report a problem
    7/22/2024Pending sale$560,000
    Source: MRED as distributed by MLS GRID #12039022 Report a problem
    6/23/2024Contingent$560,000
    Source: MRED as distributed by MLS GRID #12039022 Report a problem
    6/18/2024Listed for sale$560,000+314.8%
    Source: MRED as distributed by MLS GRID #12039022 Report a problem
    1/24/2012Sold$135,000+260%
    Source: MRED as distributed by MLS GRID #07828773 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2023$5,714 +2.9%$26,999
    2022$5,553 +2.3%$26,999
    2021$5,429 +48.4%$26,999 +64.4%

    Find assessor info on the county website

    Neighborhood: Humboldt Park

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: 299

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $588,400
    2% more+ $11,768
    With Zillow Showcase(estimated)
    $600,168