Last Sold Price
11 beds3,800 sqft$145/sqft
1016 N Ridgeway Ave, Chicago, IL 60651

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!
LISTING CLOSED: 07/31/2024 12:00 AM

  1. Listed by Migdalia Cajigas • Re/Max Cityview
    P: (773) 879-4855 daliasellshomes@gmail.com

Sold By RE/MAX PREMIER

Property Details for 1016 North Ridgeway Avenue

Status
MLS #
12039022
Days on Market
8
Taxes
$5,553 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Two to Four Units / 2 Flat
Year Built
1926
Lot Size
0.07 AC / 3,125 SF
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

Recent comparable sales

Median sold price

$575,000

Avg days on market

31

Sale-to-list ratio

96.8%

Chicago, IL

9 comparable properties found

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1

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Bedrooms
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Square Feet
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Acres
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Bedrooms
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Square Feet
0.07
Acres
$535,000 | 4135 West Crystal Street, Chicago, IL 60651
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Sold 09/20/24

10
Bedrooms
3,900
Square Feet
0.11
Acres
front view of a building
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Sold 02/09/26

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Bedrooms
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Square Feet
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Acres
$575,000 | 4209 West Wilcox Street, Chicago, IL 60624
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Bedrooms
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Square Feet
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Acres
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Sold 06/02/25

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Square Feet
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Acres
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Sold 05/02/25

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Square Feet
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Acres
$973,000 | 1400 North Artesian Avenue, Chicago, IL 60622
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Sold 06/15/26

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Bedrooms
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Square Feet
0.07
Acres
a front view of a residential apartment building with a yard
1/25
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Sold 05/04/26

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Bedrooms
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Square Feet
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Acres

Location

Add your commute

Virtual Tour

Building Information for 1016 North Ridgeway Avenue

Stories-Residences3Year Built1926Building Size-Lot Size0.07 AC / 3,125 SF

Payment Calculator

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OriginPoint Mortgage or Rocket Mortgage1

$3,258 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,796

Property Taxes

$463

HOA Dues

$0

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Property Information for 1016 North Ridgeway Avenue

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 for 1016 North Ridgeway Avenue

Taxable ValueLand$5,781Additions$38,219Total$44,000
Tax Record2023$5,714 ($476 / month)
Home Facts
Beds3Baths1Total Finished SqFt1,212 SqFtAbove Grade Finished SqFt1,212 SqFtStories1Lot Size3,125 SqFtStyleSingle Family ResidenceYear Built1926CountyCOOKAPN16-02-313-039

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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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.