Last Sold Price
15 beds
1553 S Ridgeway Ave, Chicago, IL 60623

Description

6 unit greystone in hot lawndale area! New windows, new porch and new plumbing. Located near many new rehabs. Not bank owned or short sale! Bring all offers! Sold as-is. Cash offers only!6 unit greystone in hot lawndale area! New windows, new porch and new plumbing. Located near many new rehabs. Not bank owned or short sale! Bring all offers! Sold as-is. Cash offers only!
LISTING CLOSED: 05/14/2014 12:00 AM

  1. Listed by Ronald • Avenue 1 Realty Group
    P: (312) 719-9090 C: (312) 719-9090 ronohr@sergioandbanks.com

Sold By Avenue 1 Realty Group

Property Details for 1553 South Ridgeway Avenue

Status
MLS #
08528400
Days on Market
31
Taxes
$4,040 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Multi Family 5+ / Flats
Year Built
1907
Lot Size
0.07 AC / 3,125 SF
Area
CHI - North Lawndale
Township
WEST CHICAGO
Zoning
MULTI

Recent comparable sales

Median sold price

$585,000

Avg days on market

47

Sale-to-list ratio

97.6%

Chicago, IL

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Bedrooms
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Location

Add your commute

Building Information for 1553 South Ridgeway Avenue

Stories3Residences6Year Built1907Building Size-Lot Size0.07 AC / 3,125 SF

Payment Calculator

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$642 per month

30 year fixed, 6.55% Interest

Principal and Interest

$305

Property Taxes

$337

HOA Dues

$0

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Property Information for 1553 South Ridgeway Avenue

General Information
Addtl Parking Information
  • Open Parking Spaces: 0.0
Location and General Information
  • Information: 24-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Heat/Ventilation: Gas
  • Num of Baths: 6.0
Property/Lot Information
  • Tenant Pays: Varies by Tenant
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Flats
  • Lot Dimensions: 25X125
  • Stories: 3
Property and Assessments
  • Photos Count: 1
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
Income & Expenses
  • Electric Expense: $3,420.00
  • Fuel Expense: $.00
  • Gross Income: $2,675.00
  • Gross Scheduled Income: $32,100.00
  • Insurance Expense: $1,345.00
  • Maintenance Expense: $1,544.00
  • Total Annual Expense Source: Owner Projection
  • Janitor Expense: 0
  • Total Monthly Income: 2675
  • Net Operating Income: $19,141.00
  • Operating Expense: $12,959.00
  • Other Expense: $.00
  • Trash Expense: $1,219.00
  • Water Sewer Expense: $.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 4
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 1
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 4
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 1
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 1553 South Ridgeway Avenue

DateEvent & SourcePriceAppreciation
May 14, 2014

Sold

MRED #08528400

$60,000
May 1, 2014

Sold (Public Record)

Public Record #414990303

$60,000
Mar 5, 2014

Pending

MRED #08528400

DateEvent & SourcePrice
05/14/2014

Sold

MRED #08528400

$60,000
05/01/2014

Sold (Public Record)

Public Record #414990303

$60,000
03/05/2014

Pending

MRED #08528400

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

Public Records for 1553 South Ridgeway Avenue

Taxable ValueLand$5,075Additions$33,925Total$39,000
Tax Record2023$5,293 ($441 / month)
Home Facts
Baths6Total Finished SqFt6,021 SqFtAbove Grade Finished SqFt6,021 SqFtStories3Lot Size3,500 SqFtStyleMulti-Family Res (5+ Units)Year Built1910CountyCOOKAPN16-23-127-018

Schools near 1553 South Ridgeway Avenue

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

Farragut Career Academy High School
Public9 to 12

KIPP Chicago Chrtrs - Ascend Acad
CharterK to 8

North Lawndale Prep Charter - Christ
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 Avenue 1 Realty Group

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 05/05/2021 04:39 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.