Sold
Last Sold Price
6 beds
1500 N Ridgeway Ave, Chicago, IL 60651
Multi FamilyProperty Type
0.07 acresLot Size
2 carsParking Spaces

Description

Introducing a prime investment opportunity at 1500 N Ridgeway Ave, Chicago, IL - a meticulously maintained multi-family property located in the vibrant Humboldt Park neighborhood. This newly listed three-flat building is an ideal choice for those seeking a reliable source of rental income. The property comprises five spacious bedrooms and three well-appointed bathrooms, each unit featuring modern amenities including separate utilities, central air conditioning, and contemporary finishes. Additional...Introducing a prime investment opportunity at 1500 N Ridgeway Ave, Chicago, IL - a meticulously maintained multi-family property located in the vibrant Humboldt Park neighborhood. This newly listed three-flat building is an ideal choice for those seeking a reliable source of rental income. The property comprises five spacious bedrooms and three well-appointed bathrooms, each unit featuring modern amenities including separate utilities, central air conditioning, and contemporary finishes. Additional highlights include decks for outdoor enjoyment and a charming yard, enhancing the living experience for occupants. Currently, all units are occupied by dependable long-term tenants who wish to stay, making this a turnkey solution for investors. The building also offers the convenience of a two-car garage and is situated conveniently with easy access to public transportation. The Healy train station and North Ave & Central Park bus station are both within a short distance, facilitating commute around the city. Local amenities enhance this desirable location, with ALDI grocery store, George Westinghouse College Prep, Garfield Park Conservatory to the south and The '606' elevated park to the north all easily accessible, ensuring everyday needs and recreational activities are just a stone's throw away. Don't miss out on this exceptional offering in a sought-after area of Chicago. Schedule your viewing today to explore the potential of this attractive investment property. Act quickly, as it won't be available for long.

    Sold By Keller Williams Thrive

    • Listed by: Luis Saldana 773.716.9007 luis@dwellchgo.com;fortechicagoinc@gmail.com • Dwell
    Listing closed: 01/31/2025 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 12222321

    Recent comparable sales

    Median sold price

    $475,000

    Avg days on market

    30

    Sale-to-list ratio

    99.3%

    Chicago, IL

    9 comparable properties found

    a view of a brick building with a small yard
    1/36
    1

    $405,000

    Sold 07/25/25

    6
    Bedrooms
    Unavailable
    Square Feet
    0.09
    Acres
    front view of a house
    1/14
    2

    $534,000

    Sold 12/04/24

    6
    Bedrooms
    Unavailable
    Square Feet
    0.11
    Acres
    a front view of a building with glass windows
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    3

    $535,000

    Sold 08/18/25

    6
    Bedrooms
    Unavailable
    Square Feet
    0.09
    Acres
    a front view of a house
    1/24
    4

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    Sold 01/10/25

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    Bedrooms
    Unavailable
    Square Feet
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    Acres
    $550,000 | 846 North Springfield Avenue, Chicago, IL 60651
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    5

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    Sold 06/11/25

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    Square Feet
    0.07
    Acres
    $475,000 | 2929 North Springfield Avenue, Chicago, IL 60618
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    6

    $475,000

    Sold 04/09/25

    6
    Bedrooms
    Unavailable
    Square Feet
    0.09
    Acres
    a car parked in front of a white house
    1/8
    7

    $540,000

    Sold 05/02/25

    6
    Bedrooms
    Unavailable
    Square Feet
    0.07
    Acres
    a front view of a house
    1/7
    8

    $415,000

    Sold 10/14/25

    6
    Bedrooms
    Unavailable
    Square Feet
    0.13
    Acres
    a view of a house with wooden stairs
    1/14
    9

    $395,000

    Sold 08/01/25

    6
    Bedrooms
    Unavailable
    Square Feet
    0.07
    Acres

    Location

    Add your commute

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    OriginPoint Mortgage or Rocket Mortgage1

    $2,509 per month

    30 year fixed, 6.71% Interest

    Principal and Interest

    $2,320

    Property Taxes

    $188

    HOA Dues

    $0

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    Rocket Mortgage1

    Property Information for 1500 North Ridgeway Avenue

    Property Details
    • Taxes: $2,261 / year
    • MLS Type: Two to Four Units / 3 Flat
    • County: Cook County
    • Area: CHI - Humboldt Park
    • Township: Jefferson
    • Ownership: Fee Simple
    • Num Of Garage Spaces: 2.0
    • Heat/Fuel: Natural Gas, Forced Air
    Building Information
    • Residences: 3
    • 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
    • Garage On Site: true
    • Garage Type: Detached
    • Parking: Garage
    Property Information
    Interior Features
    • Num Of Rooms: 12
    • Bedrooms Total: 6
    • Bedrooms (Below Grade): 0
    • Basement Type: Full, Walkout
    • Bedrooms Possible: 6
    • Basement Description: Unfinished, Storage Space
    • # Full Baths in Building: 3
    • # Half Baths in Building: 0
    • Num of Baths: 3.0
    Utilities / Equipment
    • Sewer: Sewer-Public
    • Water: Lake Michigan
    Property/Lot Information
    • New Construction YN: No
    • Rebuilt: No
    • Rehabilitated: Yes
    • Rehab Year: 2018
    • Built Before 1978: Yes
    • Age: Unknown
    • Lot Size: Standard Chicago Lot
    • Lot Dimensions: 25X125
    • Total # Units in Building: 3.0
    • Waterfront: No
    • Exterior Building Type: Combination
    • General Information: None
    • North Coordinate: 1500
    • South Coordinate: 0
    • East Coordinate: 0
    • West Coordinate: 3750
    • 3 Br Un In Bldg: No
    Property and Assessments
    • Public Document Count: 0
    • Photos Count: 7
    • OpenHouse Count: 0
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No
    Multi Family
    Unit 1
    • Unit Type Actual Rent: $1,200.00
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 1
    • Lease Expiration Date: 6/25
    Unit 2
    • Unit Type Actual Rent: $1,100.00
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 2
    • Lease Expiration Date: 01/26
    Unit 3
    • Unit Type Actual Rent: $1,200.00
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 3
    • Lease Expiration Date: 05/25

    Property History for 1500 North Ridgeway Avenue

    DateEvent & SourcePriceAppreciation
    Jan 31, 2025

    Sold (Public Record)

    Public Record #1550035299

    $449,000

    +2.2% / yr

    Jan 31, 2025

    Sold

    MRED #12222321

    $449,000
    Jan 31, 2025

    Expired

    MRED #12222321

    $449,000
    DateEvent & SourcePrice
    01/31/2025

    Sold (Public Record)

    Public Record #1550035299

    $449,000

    +2.2% / yr

    01/31/2025

    Sold

    MRED #12222321

    $449,000
    01/31/2025

    Expired

    MRED #12222321

    $449,000

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

    Public Records for 1500 North Ridgeway Avenue

    Taxable ValueLand$4,650Additions$25,350Total$30,000
    Tax Record2023$2,261 ($188 / month)
    Home Facts
    Baths3Total Finished SqFt2,244 SqFtAbove Grade Finished SqFt2,244 SqFtStories1Lot Size3,100 SqFtStyleMulti-Family Res (5+ Units)Year Built1878Year Renovated1880ZoningRS-3CountyCOOKAPN16-02-104-039-0000

    Schools near 1500 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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    Listing Courtesy of Dwell

    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 02/04/2025 08:55 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.