Sold
Last Sold Price
9 beds
1318 N Ridgeway Ave, Chicago, IL 60651
Multi FamilyProperty Type
0.07 acresLot Size
2 carsParking Spaces

Description

This Gorgeous, Updated and INCOME PRODUCING Greystone in the heart of the ever appreciating Humboldt Park can be yours to own, live in and collect rent or as an armchair investment. There are 3 three bedroom one bath units which have been updated and the building is currently fully rented. (Agent and Owner cannot represent legality of Garden Unit.) The property has been meticulously cared for and has so many great updates; new roof (2020), tuckpointed (2020) Brand New Concrete Garage (2020) which...This Gorgeous, Updated and INCOME PRODUCING Greystone in the heart of the ever appreciating Humboldt Park can be yours to own, live in and collect rent or as an armchair investment. There are 3 three bedroom one bath units which have been updated and the building is currently fully rented. (Agent and Owner cannot represent legality of Garden Unit.) The property has been meticulously cared for and has so many great updates; new roof (2020), tuckpointed (2020) Brand New Concrete Garage (2020) which has a double layer silver roof ready to accommodate a rooftop deck and a PARTY DOOR. The two main floor units have Central AC and all three units have in unit Washer Dryer. Expenses are nominal as tenants pay ALL UTILITIES so even at under market rents, this property is yielding a 6.7% CAP Rate. You do not want to miss out on the opportunity to own this magnificent property nestle on the charming tree lined Ridgeway Ave. steps from all that Humboldt Park offers.

    Sold By Jason Mitchell Real Estate IL

    • Listed by: Diane Vanna 312.545.5280 thevannagroup@bairdwarner.com;thevannagroup@bairdwarner.com • Baird & Warner
    • Listed by: Maria Sabino 708.953.7878 Maria.Sabino@bairdwarner.com • Baird & Warner
    Listing closed: 10/06/2022 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 11482103

    Recent comparable sales

    Median sold price

    $505,000

    Avg days on market

    26

    Sale-to-list ratio

    97.3%

    Chicago, IL

    9 comparable properties found

    front view of a house
    1/38
    1

    $525,000

    Sold 01/05/26

    9
    Bedrooms
    Unavailable
    Square Feet
    0.11
    Acres
    a front view of a house with a iron gate
    1/25
    2

    $563,000

    Sold 09/03/25

    9
    Bedrooms
    Unavailable
    Square Feet
    0.07
    Acres
    front view of a house with a street
    1/44
    3

    $450,000

    Sold 09/16/25

    9
    Bedrooms
    Unavailable
    Square Feet
    0.07
    Acres
    $465,000 | 4918 West Washington Boulevard, Chicago, IL 60644
    1/49
    4

    $465,000

    Sold 10/20/25

    9
    Bedrooms
    Unavailable
    Square Feet
    0.12
    Acres
    $470,000 | 1509 North Central Avenue, Chicago, IL 60651
    1/29
    5

    $470,000

    Sold 08/29/25

    9
    Bedrooms
    Unavailable
    Square Feet
    0.09
    Acres
    front view of house with a yard
    1/36
    6

    $405,000

    Sold 11/07/24

    9
    Bedrooms
    2,400
    Square Feet
    0.09
    Acres
    a view of a brick house with many windows next to a road
    1/42
    7

    $600,000

    Sold 05/27/25

    9
    Bedrooms
    Unavailable
    Square Feet
    0.09
    Acres
    a view of an empty room with wooden floor and a window
    1/73
    8

    $569,000

    Sold 02/11/26

    9
    Bedrooms
    Unavailable
    Square Feet
    0.07
    Acres
    $505,000 | 1227 South Springfield Avenue, Chicago, IL 60623
    1/13
    9

    $505,000

    Sold 02/09/26

    9
    Bedrooms
    Unavailable
    Square Feet
    0.07
    Acres

    Location

    Add your commute

    Payment Calculator

    Get preapproved with
    OriginPoint Mortgage or Rocket Mortgage1

    $2,877 per month

    30 year fixed, 6.71% Interest

    Principal and Interest

    $2,506

    Property Taxes

    $371

    HOA Dues

    $0

    The Payment Calculator is for illustrative purposes only.

    Know your buying power with a preapproval and custom rate in minutes

    Rocket Mortgage1

    Property Information for 1318 North Ridgeway Avenue

    Property Details
    • Taxes: $4,453 / year
    • MLS Type: Two to Four Units / 2 Flat
    • County: Cook County
    • Area: CHI - Humboldt Park
    • Township: West Chicago
    • Ownership: Fee Simple
    • Num Of Garage Spaces: 2.0
    • Parking Included in Price: Yes
    • Heat/Fuel: Natural Gas, Forced Air
    • Architectural Style: Greystone
    Building Information
    • Residences: 3
    • Lot Size: 0.07 AC / 2,976 SF
    General Information
    School Information
    • Elementary School District: 299
    • High School District: 299
    • Middle Or Junior School District: 299
    Addtl Parking Information
    • Garage Details: Garage Door Opener(s)
    • Garage On Site: true
    • Garage Ownership: Owned
    • Garage Type: Detached
    • Parking: Garage
    Property Information
    Interior Features
    • Num Of Rooms: 21
    • Bedrooms Total: 9
    • Bedrooms (Below Grade): 0
    • Basement Type: Full
    • Bedrooms Possible: 9
    • Basement Description: Finished
    • Basement Bathrooms: No
    • # Full Baths in Building: 3
    • # Half Baths in Building: 0
    • Num of Baths: 3.0
    Utilities / Equipment
    • Sewer: Sewer-Public
    • Water: Lake Michigan, Public
    Property/Lot Information
    • New Construction YN: No
    • Rebuilt: No
    • Rehabilitated: Yes
    • Rehab Year: 2012
    • Built Before 1978: Yes
    • Age: Unknown
    • Lot Size: Less Than .25 Acre
    • Lot Dimensions: 24 X 124
    • Total # Units in Building: 3.0
    • Waterfront: No
    • Exterior Building Type: Stone
    • Roof Type: Rubber
    • General Information: None
    • North Coordinate: 1318
    • South Coordinate: 0
    • East Coordinate: 0
    • West Coordinate: 3400
    • 3 Br Un In Bldg: Yes
    Property and Assessments
    • Public Document Count: 1
    • Document Date: 2022-08-16T15:15:19
    • Photos Count: 20
    • OpenHouse Count: 0
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No
    Multi Family
    Income & Expenses
    • Insurance Expense: $2,500.00
    • Insurance Expense Source: Broker Projection
    • Other Expense Source: Broker Projection
    • Net Operating Income: $40,800.00
    • Other Expenses $: 1500
    Unit 1
    • Unit Type Actual Rent: $1,250.00
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 3
    • Unit Type Type: Unit 1
    • Lease Expiration Date: MTM
    Unit 2
    • Unit Type Actual Rent: $1,200.00
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 3
    • Unit Type Type: Unit 2
    • Lease Expiration Date: 8/23
    Unit 3
    • Unit Type Actual Rent: $950.00
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 3
    • Unit Type Type: Unit 3
    • Lease Expiration Date: MTM

    Property History for 1318 North Ridgeway Avenue

    DateEvent & SourcePriceAppreciation
    Oct 6, 2022

    Sold

    MRED #11482103

    $485,000
    Aug 17, 2022

    Pending

    MRED #11482103

    Aug 17, 2022

    Contingent

    MRED #11482103

    DateEvent & SourcePrice
    10/06/2022

    Sold

    MRED #11482103

    $485,000
    08/17/2022

    Pending

    MRED #11482103

    08/17/2022

    Contingent

    MRED #11482103

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

    Public Records for 1318 North Ridgeway Avenue

    Taxable ValueLand$3,571Additions$26,435Total$30,006
    Tax Record2023$6,350 ($529 / month)
    Home Facts
    Baths2Total Finished SqFt2,214 SqFtAbove Grade Finished SqFt2,214 SqFtStories2Lot Size2,976 SqFtStyleMulti-Family Res (5+ Units)Year Built1903CountyCOOKAPN16-02-119-034

    Schools near 1318 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 - 9 to 12
    Rating
    School
    Distance
    Cameron Elementary School
    PublicPK to 8

    Orr Academy High School
    Public9 to 12

    YCCS-Assoc Hse El Cuarto Ano HS
    Charter9 to 12

    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

    Similar Homes

    New listings in 60651

    $259,900 | 926 North Lavergne Avenue, Chicago, IL 60651
    1/14
    Listed By Coldwell Banker RealtyNew

    $259,900

    5
    Bedrooms
    Unavailable
    Square Feet
    0.09
    Acres
    $360,000 | 5830 West Rice Street, Chicago, IL 60651
    1/21
    New

    $360,000

    5
    Bedrooms
    1,800
    Square Feet
    0.07
    Acres
    $415,000 | 5432 West Potomac Avenue, Chicago, IL 60651
    1/38
    New

    $415,000

    6
    Bedrooms
    Unavailable
    Square Feet
    0.11
    Acres
    $479,900 | 1128 North Lockwood Avenue, Chicago, IL 60651
    1/24
    Open: 9/19 11:00AM - 01:00PMNew

    $479,900

    4
    Bedrooms
    32,780
    Square Feet
    0.10
    Acres
    $225,000 | 1007 North Leclaire Avenue, Chicago, IL 60651
    1/11
    Coldwell Banker Realty Coming Soon

    $225,000

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    Unavailable
    Acres
    $499,999 | 3333 West Pierce Avenue, Chicago, IL 60651
    1/15
    Open: 9/20 01:30AM - 03:00PM

    $499,999

    7
    Bedrooms
    Unavailable
    Square Feet
    0.07
    Acres
    $450,000 | 1324 North Laramie Avenue, Chicago, IL 60651
    1/30

    $450,000

    8
    Bedrooms
    Unavailable
    Square Feet
    0.10
    Acres
    $539,000 | 1508 North Monticello Avenue, Chicago, IL 60651
    1/41

    $539,000

    7
    Bedrooms
    Unavailable
    Square Feet
    0.07
    Acres
    $409,000 | 1244 North Kedzie Avenue, Unit 1, Chicago, IL 60651
    1/23
    Open: 9/19 11:00AM - 01:00PM

    $409,000

    3
    Bedrooms
    1,000
    Square Feet

    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 Baird & Warner

    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 10/06/2022 09:50 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.