Sold
Last Sold Price
11 beds3,800 sqft

1016 N Ridgeway Ave, Chicago, IL 60651

Multi FamilyProperty Type
0.07 acresLot Size
1926Year Built
$145/sq ftPrice per sq ft

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...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!

    Sold By RE/MAX PREMIER

    • Listed by: Migdalia Cajigas 773.879.4855 daliasellshomes@gmail.com • Re/Max Cityview
    Listing closed: 07/31/2024 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 12039022
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    Recent comparable sales

    Median sold price

    $589,000

    Avg days on market

    30

    Sale-to-list ratio

    97.3%

    Chicago, IL

    9 comparable properties found

    $430,000 | 627 North Lawndale Avenue, Chicago, IL 60624
    1/54
    1

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    Sold 05/12/25

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    Bedrooms
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    Square Feet
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    Acres
    $395,000 | 1225 South Harding Avenue, Chicago, IL 60623
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    Sold 03/14/25

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    Bedrooms
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    front view of a building
    1/10
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    Sold 02/09/26

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    $575,000 | 4209 West Wilcox Street, Chicago, IL 60624
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    $973,000 | 1400 North Artesian Avenue, Chicago, IL 60622
    1/30
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    Sold 06/15/26

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    4,252
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    0.07
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    a front view of a residential apartment building with a yard
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    Sold 05/04/26

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    Square Feet
    0.08
    Acres
    $660,000 | 1315 South Kolin Avenue, Chicago, IL 60623
    1/45
    8

    $660,000

    Sold 08/04/25

    11
    Bedrooms
    4,600
    Square Feet
    0.07
    Acres
    a brick building that has lots of windows in it
    1/22
    9

    $615,950

    Sold 04/10/26

    12
    Bedrooms
    4,000
    Square Feet
    0.09
    Acres

    Location

    Add your commute

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    OriginPoint Mortgage or Rocket Mortgage1

    $3,399 per month

    30 year fixed, 7.03% Interest

    Principal and Interest

    $2,936

    Property Taxes

    $463

    HOA Dues

    $0

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    Property Information for 1016 North Ridgeway Avenue

    Property Details

    • Taxes: $5,553 / year
    • MLS Type: Two to Four Units / 2 Flat
    • County: Cook County
    • Area: CHI - Humboldt Park
    • Township: West Chicago
    • Ownership: Fee Simple
    • Num Of Parking Spaces: 0.0
    • Parking Included in Price: No
    • Heat/Fuel: Natural Gas, Forced Air, Radiant
    • Architectural Style: Bungalow
    • Zoning: MULTI

    Building Information

    • Residences: 3
    • Year Built: 1926
    • Lot Size: 0.07 AC / 3,125 SF

    General Information

    School Information
    • Elementary School District: 299
    • High School District: 299
    • Middle Or Junior School District: 299
    Addtl Parking Information
    • Parking: None
    Taxes and HOA Information
    • Additional Parcels: No

    Property Information

    Interior Features
    • Num Of Rooms: 18
    • Bedrooms Total: 11
    • Bedrooms (Below Grade): 0
    • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
    • Basement Type: Full
    • Bedrooms Possible: 11
    • Basement Description: Unfinished, Exterior Access
    • # Full Baths in Building: 4
    • # Half Baths in Building: 1
    • Room Type: Enclosed Porch
    • Num of Baths: 4.1
    Utilities / Equipment
    • Sewer: Sewer-Public
    • Water: Lake Michigan, Public
    • Other Equipment: Ceiling Fan(s), Multiple Water Heaters, Water Heater-Gas
    Property/Lot Information
    • New Construction YN: No
    • Rebuilt: No
    • Rehabilitated: No
    • Built Before 1978: Yes
    • Age: 91-100 Years
    • Lot Size: Standard Chicago Lot
    • Lot Dimensions: 25 X 125
    • Total # Units in Building: 3.0
    • Waterfront: No
    • Exterior Building Type: Brick
    • Roof Type: Asphalt, Flat
    • General Information: Commuter Bus
    • North Coordinate: 1016
    • South Coordinate: 0
    • East Coordinate: 0
    • West Coordinate: 3600
    • 3 Br Un In Bldg: Yes
    Property and Assessments
    • Buyer Financing: Conventional, FHA, VA, Cash
    • Public Document Count: 2
    • Document Date: 2024-06-17T21:46:10
    • Photos Count: 46
    • OpenHouse Count: 0
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Additional Media Type 1: Video

    Multi Family

    Unit 1
    • Unit Type Actual Rent: $2,500.00
    • Unit Type Baths Total: 2
    • Unit Type Beds Total: 5
    • Unit Type Type: Unit 1
    • Lease Expiration Date: PROJ
    Unit 2
    • Unit Type Actual Rent: $1,800.00
    • Unit Type Baths Total: 2
    • Unit Type Beds Total: 4
    • Unit Type Type: Unit 2
    • Lease Expiration Date: PROJ
    Unit 3
    • Unit Type Actual Rent: $1,000.00
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 3
    • Lease Expiration Date: MTM

    Property History for 1016 North Ridgeway Avenue

    DateEvent & SourcePriceAppreciation
    Jul 31, 2024

    Sold

    MRED #12039022

    $550,000—
    Jul 25, 2024

    Sold (Public Record)

    Public Record #1537740261

    $550,000

    +11.8% / yr

    Jun 22, 2024

    Pending

    MRED #12039022

    —
    DateEvent & SourcePrice
    07/31/2024

    Sold

    MRED #12039022

    $550,000
    07/25/2024

    Sold (Public Record)

    Public Record #1537740261

    $550,000

    +11.8% / yr

    06/22/2024

    Pending

    MRED #12039022

    —

    For completeness, we often displays two records for one sale: the MLS record and the public record.

    Public records

    1016 North Ridgeway Avenue

    Beds

    11

    Baths

    4.5

    Total Finished SqFt

    2,766 SqFt

    Above Grade Finished SqFt

    2,766 SqFt

    Stories

    1

    Lot Size

    3,125 SqFt

    Schools near 1016 North Ridgeway Avenue

    This home is within Chicago Public Schools.
    Rating
    School
    Type
    Grades
    Distance
    Public - PK to 8
    Public - 9 to 12
    Charter - 9 to 12
    Charter - K to 8
    Rating
    School
    Distance
    Cameron Elementary School
    PublicPK to 8

    Orr Academy High School
    Public9 to 12

    KIPP One Academy
    CharterK to 8

    School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

    Neighborhood Map and Transit

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    Nearby home values

    No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

    Listing Courtesy of Re/Max Cityview

    Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 07/31/2024 03:32 PM. 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.