Closed
$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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Owner options
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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#: 12039022
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
| Date | Event | Price |
|---|---|---|
| 7/31/2024 | Sold | $550,000-1.8% |
Source: | ||
| 7/22/2024 | Pending sale | $560,000 |
Source: | ||
| 6/23/2024 | Contingent | $560,000 |
Source: | ||
| 6/18/2024 | Listed for sale | $560,000+314.8% |
Source: | ||
| 1/24/2012 | Sold | $135,000+260% |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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
- 3/10Cameron Elementary SchoolGrades: PK-8Distance: 0.3 mi
- 1/10Orr Academy High SchoolGrades: 9-12Distance: 0.5 mi
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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$588,400
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$600,168
