Sold
Last Sold Price
8 beds2,200 sqft
1427 N Ridgeway Ave, Chicago, IL 60651
Multi FamilyProperty Type
0.10 acresLot Size
1902Year Built
$232/sq ftPrice per sq ft
2 carsParking Spaces

Description

EXCELLENT INCOME PRODUCING GREYSTONE in highly sought after neighborhood! This UPDATED investment offers a FULLY FINISHED BASEMENT w/IN-LAW ARRANGEMENT, SPACIOUS 3 BEDROOM UNITS w/9' CEILINGS, SEPARATE LIVING & DINNING ROOMS, GENEROUS BEDROOM SIZES w/exceptional closet storage space, FULLY ENCLOSED BACK PORCH (can be used as additional room), WOOD FLOORS, WASHER & DRYER HOOKUP, STAINLESS STEEL APPLIANCES, CENTRAL HEAT all UTILITIES SEPARATED, tenants pay heat & electric! All this plus FRESHLY PAINTED,...EXCELLENT INCOME PRODUCING GREYSTONE in highly sought after neighborhood! This UPDATED investment offers a FULLY FINISHED BASEMENT w/IN-LAW ARRANGEMENT, SPACIOUS 3 BEDROOM UNITS w/9' CEILINGS, SEPARATE LIVING & DINNING ROOMS, GENEROUS BEDROOM SIZES w/exceptional closet storage space, FULLY ENCLOSED BACK PORCH (can be used as additional room), WOOD FLOORS, WASHER & DRYER HOOKUP, STAINLESS STEEL APPLIANCES, CENTRAL HEAT all UTILITIES SEPARATED, tenants pay heat & electric! All this plus FRESHLY PAINTED, RING CAMERAS 2022, BASEMENT FURNACE 2022, 1ST FLOOR HOT WATER HEATER 2021, 2ND FLOOR HOT WATER HEATER 2023, PRIVACY FENCE 2022, GARAGE REBUILT 2022. GREAT LOCATION, 3 BLOCKS from 606 TRAIL, nearby parks, schools, entertainment & restaurants! Commuter bus & train access, COME SEE IT TODAY!

    Sold By EXIT Strategy Realty

    • Listed by: Rachel Ruffin 630.999.0020 info@rachelruffinsolutions.com • Executive Realty Group LLC
    Listing closed: 12/08/2023 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 11808185

    Recent comparable sales

    Median sold price

    $546,391

    Avg days on market

    37

    Sale-to-list ratio

    99.1%

    Chicago, IL

    9 comparable properties found

    a front view of a house
    1/36
    1

    $525,000

    Sold 09/26/25

    8
    Bedrooms
    2,400
    Square Feet
    0.09
    Acres
    $546,391 | 1019 North Ridgeway Avenue, Chicago, IL 60651
    1/4
    2

    $546,391

    Sold 03/28/25

    8
    Bedrooms
    Unavailable
    Square Feet
    0.09
    Acres
    a view of a brick building next to a yard
    1/15
    3

    $585,000

    Sold 02/27/26

    8
    Bedrooms
    2,400
    Square Feet
    0.08
    Acres
    $558,000 | 1115 North Spaulding Avenue, Chicago, IL 60651
    1/26
    4

    $558,000

    Sold 07/09/25

    8
    Bedrooms
    Unavailable
    Square Feet
    0.09
    Acres
    a front view of a house with garden
    1/15
    5

    $535,000

    Sold 03/10/26

    8
    Bedrooms
    Unavailable
    Square Feet
    0.09
    Acres
    a view of a brick building next to a yard
    1/25
    6

    $415,000

    Sold 11/07/25

    7
    Bedrooms
    2,200
    Square Feet
    0.07
    Acres
    a front view of a house with yard and parking
    1/35
    7

    $580,000

    Sold 11/21/24

    8
    Bedrooms
    2,600
    Square Feet
    0.11
    Acres
    a front view of a house with a garden
    1/33
    8

    $585,000

    Sold 04/22/26

    8
    Bedrooms
    Unavailable
    Square Feet
    0.07
    Acres
    a front view of a house
    1/18
    9

    $410,000

    Sold 10/17/25

    8
    Bedrooms
    Unavailable
    Square Feet
    0.07
    Acres

    Location

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    $3,222 per month

    30 year fixed, 6.71% Interest

    Principal and Interest

    $2,635

    Property Taxes

    $587

    HOA Dues

    $0

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    Property Information for 1427 North Ridgeway Avenue

    Property Details
    • Taxes: $7,038 / year
    • MLS Type: Two to Four Units / 2 Flat
    • County: Cook County
    • Area: CHI - Humboldt Park
    • Township: Jefferson
    • Ownership: Fee Simple
    • Num Of Garage Spaces: 2.0
    • Num Of Cars: 2.0
    • Parking Included in Price: Yes
    • Heat/Fuel: Natural Gas, Forced Air
    • Zoning: MULTI
    Building Information
    • Residences: 2
    • Year Built: 1902
    • Lot Size: 0.10 AC / 4,169 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), Transmitter(s)
    • Garage On Site: true
    • Garage Ownership: Owned
    • Garage Type: Detached
    • Parking: Garage
    Taxes and HOA Information
    • Additional Parcels: No
    Property Information
    Interior Features
    • Num Of Rooms: 17
    • Bedrooms Total: 8
    • Bedrooms (Below Grade): 0
    • Community Features: Curbs, Sidewalks, Street Lights
    • Basement Type: Partial
    • Bedrooms Possible: 8
    • Basement Description: Finished
    • # 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
    • Exterior Property Features: Patio
    • New Construction YN: No
    • Rebuilt: No
    • Rehabilitated: Yes
    • Rehab Year: 2019
    • Built Before 1978: Yes
    • Age: 100+ Years
    • Lot Size: Standard Chicago Lot
    • Lot Dimensions: 33.3 X 125.2
    • Total # Units in Building: 2.0
    • Waterfront: No
    • Exterior Building Type: Brick
    • Roof Type: Rubber, Flat
    • General Information: None
    • North Coordinate: 1400
    • South Coordinate: 0
    • East Coordinate: 0
    • West Coordinate: 3700
    • 3 Br Un In Bldg: Yes
    Property and Assessments
    • Buyer Financing: Conventional, FHA, VA
    • Public Document Count: 3
    • Document Date: 2023-06-14T19:51:03
    • Photos Count: 19
    • Deconversion: N
    • OpenHouse Count: 0
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No
    Multi Family
    Unit 1
    • Unit Type Actual Rent: $1,600.00
    • 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: $1,600.00
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 3
    • Unit Type Type: Unit 2
    • Lease Expiration Date: MTM

    Property History for 1427 North Ridgeway Avenue

    DateEvent & SourcePriceAppreciation
    Dec 8, 2023

    Sold

    MRED #11808185

    $510,000
    Nov 22, 2023

    Sold (Public Record)

    Public Record #1523738398

    $510,000

    +3.4% / yr

    Oct 13, 2023

    Pending

    MRED #11808185

    DateEvent & SourcePrice
    12/08/2023

    Sold

    MRED #11808185

    $510,000
    11/22/2023

    Sold (Public Record)

    Public Record #1523738398

    $510,000

    +3.4% / yr

    10/13/2023

    Pending

    MRED #11808185

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

    Public Records for 1427 North Ridgeway Avenue

    Taxable ValueLand$6,198Additions$40,802Total$47,000
    Tax Record2023$7,407 ($617 / month)
    Home Facts
    Baths2Total Finished SqFt2,338 SqFtAbove Grade Finished SqFt2,338 SqFtStories2Lot Size4,132 SqFtStyleMulti-Family Res (5+ Units)Year Built1900CountyCOOKAPN16-02-113-013

    Schools near 1427 North Ridgeway Avenue

    This home is within Chicago Public Schools.
    Rating
    School
    Type
    Grades
    Distance
    Public - PK to 8
    Public - 9 to 12
    Public - 7 to 12
    Charter - 9 to 12
    Rating
    School
    Distance
    Cameron Elementary School
    PublicPK to 8

    Orr Academy High School
    Public9 to 12

    Marine Leadership Academy - Ames
    Public7 to 12

    Pritzker College Prep
    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

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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 Executive Realty Group LLC

    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 12/09/2023 07:56 AM. 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.