2019 Ridge Avenue

Closed 6/8/21

Sold

Last Sold Price

$525,000

6 beds2 baths2,429 sqft$216/sqft

2019 Ridge Ave, Evanston, IL 60201

Multi FamilyProperty Type

5,600 sq ftLot Size

1912Year Built

$216/sq ftPrice per sq ft

2 carsParking Spaces

Description

Rare income opportunity two-unit house close to Northwestern campus in Evanston. This property is yielding a 7% cap rate at the asking price. A short 10-minute walk to the Northwestern campus, the owner has consistently rented to Northwestern students for 15 years. The property is currently rented until September of 2021. Current tenants are willing to extend the lease for another year. Keep it as an investment property or convert it to a single-family home. You can increase rent with some minor...Rare income opportunity two-unit house close to Northwestern campus in Evanston. This property is yielding a 7% cap rate at the asking price. A short 10-minute walk to the Northwestern campus, the owner has consistently rented to Northwestern students for 15 years. The property is currently rented until September of 2021. Current tenants are willing to extend the lease for another year. Keep it as an investment property or convert it to a single-family home. You can increase rent with some minor updates. Currently rented for $4,600/month ($2,300 per unit). Tenants pay for all utilities. The first floor has 2 large bedrooms, 1 bath, and a sunroom/office. The second floor offers 4 bedrooms and 1 bath. Laundry located in the basement. 2 car garage. Low maintenance as this out-of-state owner has managed this property with a handyman for over 15 years. Great location close to downtown Evanston, Northwestern campus, Lake Michigan, Metra, and Foster St. Purple Line. This home is sold AS-IS.

Listing Agents

Lance Kirshner
Listing Agent
Compass
P: (773) 578-8080
Call Text
Cristina Tu
Alternative Listing Agent
Compass
P: (773) 536-9720
M: (773) 536-9720
Call Text

Listing closed: 06/08/2021 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 11006959

Recent comparable sales

Median sold price

$535,000

Avg days on market

Sale-to-list ratio

97.1%

1/20

$437,000

Sold 01/23/26

6
Bedrooms: 2
Bathrooms: Unavailable
Square Feet: 0.11
Acres

1801 Lyons Street, Evanston, IL 60201

1/30

$630,000

Sold 02/28/25

6
Bedrooms: 2
Bathrooms: 3,000
Square Feet: 0.15
Acres

835 Madison Street, Evanston, IL 60202

1/14

$535,000

Sold 10/03/24

6
Bedrooms: 2
Bathrooms: Unavailable
Square Feet: Unavailable
Acres

1118 Darrow Avenue, Evanston, IL 60202

1/16

$670,000

Sold 10/11/24

6
Bedrooms: 2
Bathrooms: Unavailable
Square Feet: 0.09
Acres

3048 Central Street, Evanston, IL 60201

1/20

$750,000

Sold 06/02/26

6
Bedrooms: 2
Bathrooms: Unavailable
Square Feet: 0.11
Acres

2303 Ridge Avenue, Evanston, IL 60201

1/5

$470,000

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6
Bedrooms: 3
Bathrooms: 850
Square Feet: 0.06
Acres

1909 Asbury Avenue, Evanston, IL 60201

1/17

$815,000

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6
Bedrooms: 2
Bathrooms: Unavailable
Square Feet: 0.06
Acres

2036 Sherman Avenue, Evanston, IL 60201

1/25

$475,000

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Bathrooms: Unavailable
Square Feet: 0.12
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1/26

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Bathrooms: Unavailable
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Acres

1827 Grey Avenue, Evanston, IL 60201

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Property Information for 2019 Ridge Avenue

Property Details

Taxes: $13,888 / year
MLS Type: Two to Four Units / 2 Flat
County: Cook County
Area: Evanston
Township: Evanston
Ownership: Fee Simple
Num Of Garage Spaces: 2.0
Num Of Cars: 2.0
Heat/Fuel: Natural Gas, Hot Water/Steam

Building Information

Residences: 2
Year Built: 1912
Lot Size: 0.13 AC / 5,600 SF

General Information

School Information

Elementary School District: 65
Elementary School: Orrington Elementary School

Jr High Middle School: Haven Middle School
High School District: 202
High School: Evanston Twp High School
Middle Or Junior School District: 65

Addtl Parking Information

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: 12
Bedrooms Total: 6

Bedrooms (Below Grade): 0
Basement Type: Full
Bedrooms Possible: 6
Basement Description: Unfinished
# Full Baths in Building: 2
# Half Baths in Building: 0
Num of Baths: 2.0

Utilities / Equipment

Water: Lake Michigan

Property/Lot Information

New Construction YN: No
Rebuilt: No

Rehabilitated: No
Built Before 1978: Yes
Age: 100+ Years
Lot Size: Less Than .25 Acre
Lot Dimensions: 40 X 140
Total # Units in Building: 2.0
Waterfront: No
Exterior Building Type: Stucco
General Information: None
3 Br Un In Bldg: No

Property and Assessments

Public Document Count: 3
Document Date: 2021-03-16T00:38:02

Photos Count: 11

Virtual Tour/Additional Media

Virtual Tour: None
Virtual Tour YN: No

Multi Family

Income & Expenses

Gross Income: $55,200.00
Insurance Expense: $1,100.00

Insurance Expense Source: Actual
Other Expense Source: Actual
Other Expenses $: 2500

Unit 1

Unit Type Actual Rent: $2,300.00
Unit Type Baths Total: 1

Unit Type Beds Total: 2
Unit Type Type: Unit 1
Total Sq Ft - Unit 1: 1174
Floor # - Unit 1: 1
# Of Rooms - Unit 1: 5
# Half Baths-Unit 1: 0
# Full Baths-Unit 1: 1
Appliances/Features Unit 1: Stove, Refrigerator, Dishwasher, Microwave, Hardwood Floors
Lease Exp Date (Mo/Yr) - Unit 1: 09-21-2026
Sec Deposit $ - Unit 1: 0
Tenant Pays - Unit 1: Electric, Gas, Heat, Water

Unit 2

Unit Type Actual Rent: $2,300.00
Unit Type Baths Total: 1

Unit Type Beds Total: 4
Unit Type Type: Unit 2
Total Sq Ft - Unit 2: 1255
Floor # - Unit 2: 2
# Of Rooms - Unit 2: 7
# Half Baths-Unit 2: 0
# Full Baths-Unit 2: 1
Appliances/Features Unit 2: Stove, Refrigerator, Dishwasher, Microwave, Hardwood Floors
Lease Exp Date (Mo/Yr) - Unit 2: 09-21-2026
Sec Deposit $ - Unit 2: 0
Tenant Pays - Unit 2: Electric, Gas, Heat, Water

Property History for 2019 Ridge Avenue

Date	Event & Source	Price	Appreciation
Jun 8, 2021	Sold MRED #11006959	$525,000	—
May 25, 2021	Sold (Public Record) Public Record #1467847459	$525,000	-0.7% / yr
Mar 18, 2021	Pending MRED #11006959		—
Mar 9, 2021	Listed (Active) MRED #11006959	$525,000	—
Jan 28, 2020	Cancelled MRED #10568059	$525,000	—
Nov 6, 2019	Cancelled MRED #10533512	$540,000	—
Nov 6, 2019	Listed (Active) MRED #10568059	$525,000	—
Sep 30, 2019	Listed (Active) MRED #10533512	$540,000	—
Sep 30, 2019	Cancelled MRED #10511645	$550,000	—
Sep 9, 2019	Cancelled MRED #10451729	$575,000	—
Sep 9, 2019	Listed (Active) MRED #10511645	$550,000	—
Jul 15, 2019	Listed (Active) MRED #10451729	$575,000	—
Jul 4, 2019	Cancelled MRED #10431548	$700,000	—
Jul 4, 2019	Cancelled MRED #10319957	$700,000	—
Jun 26, 2019	Listed (Active) MRED #10431548	$700,000	—
Mar 25, 2019	Listed (Active) MRED #10319957	$700,000	—
Jun 9, 2016	Cancelled MRED #09251496	$575,000	—
Jun 8, 2016	Listed (Active) MRED #09251496	$575,000	—
Dec 31, 2015	Expired MRED #08948697	$575,000	—
Jun 9, 2015	Listed (Active) MRED #08948697	$575,000	—
Oct 30, 2008	Expired MRED #06838913	$799,900	—
Mar 24, 2008	Listed (Active) MRED #06838913	$799,900	—
Jan 5, 2005	Sold (Public Record) Public Record #150144016	$585,000	—

Date	Event & Source	Price
06/08/2021	Sold MRED #11006959	$525,000
05/25/2021	Sold (Public Record) Public Record #1467847459	$525,000 -0.7% / yr
03/18/2021	Pending MRED #11006959	—
03/09/2021	Listed (Active) MRED #11006959	$525,000
01/28/2020	Cancelled MRED #10568059	$525,000
11/06/2019	Cancelled MRED #10533512	$540,000
11/06/2019	Listed (Active) MRED #10568059	$525,000
09/30/2019	Listed (Active) MRED #10533512	$540,000
09/30/2019	Cancelled MRED #10511645	$550,000
09/09/2019	Cancelled MRED #10451729	$575,000
09/09/2019	Listed (Active) MRED #10511645	$550,000
07/15/2019	Listed (Active) MRED #10451729	$575,000
07/04/2019	Cancelled MRED #10431548	$700,000
07/04/2019	Cancelled MRED #10319957	$700,000
06/26/2019	Listed (Active) MRED #10431548	$700,000
03/25/2019	Listed (Active) MRED #10319957	$700,000
06/09/2016	Cancelled MRED #09251496	$575,000
06/08/2016	Listed (Active) MRED #09251496	$575,000
12/31/2015	Expired MRED #08948697	$575,000
06/09/2015	Listed (Active) MRED #08948697	$575,000
10/30/2008	Expired MRED #06838913	$799,900
03/24/2008	Listed (Active) MRED #06838913	$799,900
01/05/2005	Sold (Public Record) Public Record #150144016	$585,000

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

Public Records for 2019 Ridge Avenue

Taxable ValueLand$16,623Additions$44,377Total$61,000

Tax Record2023$12,710 ($1,059 / month)

Home Facts

Baths2Total Finished SqFt2,749 SqFtAbove Grade Finished SqFt2,749 SqFtStories2Lot Size5,635 SqFtStyleMulti-Family Res (5+ Units)Year Built1912Year Renovated1912CountyCOOKAPN11-18-101-029-0000

Schools near 2019 Ridge Avenue

This home is within Evanston Twp Hsd 202 School District.


Rating	School	Type	Grades	Distance
8/10	Dewey Elementary School	Public - Serves this home	K to 5	0.6 mi
7/10	Washington Elementary School	Public - Serves this home	K to 5	1.4 mi
8/10	Nichols Middle School	Public - Serves this home	6 to 8	1.2 mi
7/10	Evanston Twp High School	Public - Serves this home	9 to 12	0.9 mi
NR	Eths Day School	Public - Nearby school	9 to 12	1.4 mi
3/10	Dr Bessie Rhodes Magnet School	Public - Choice school	K to 8	1.9 mi
NR	Kingsway Preparatory School	Private - Nearby school	PK to 4	0.5 mi
NR	St Athanasius Elementary School	Private - Nearby school	PK to 8	0.7 mi
NR	Roycemore School	Private - Nearby school	PK to 12	0.7 mi


Rating	School	Distance
8/10	Dewey Elementary School PublicK to 5 Serves this home	0.6 mi
7/10	Washington Elementary School PublicK to 5 Serves this home	1.4 mi
8/10	Nichols Middle School Public6 to 8 Serves this home	1.2 mi
7/10	Evanston Twp High School Public9 to 12 Serves this home	0.9 mi
NR	Eths Day School Public9 to 12 Nearby school	1.4 mi
3/10	Dr Bessie Rhodes Magnet School PublicK to 8 Choice school	1.9 mi
NR	Kingsway Preparatory School PrivatePK to 4 Nearby school	0.5 mi
NR	St Athanasius Elementary School PrivatePK to 8 Nearby school	0.7 mi
NR	Roycemore School PrivatePK to 12 Nearby school	0.7 mi

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.

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Nearby home values

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 2019 Ridge Avenue, Evanston, IL 60201	$525,000	6	2	2,429	5,600
2021 Ridge Avenue, Evanston, IL 60201	$270,000	4	2	–	4,960
2023 Ridge Avenue, Evanston, IL 60201	$290,000	–	2	2,508	4,676
2027 Ridge Avenue, Evanston, IL 60201	–	4	2	1,528	6,900
2020 Ridge Avenue, Evanston, IL 60208	–	–	–	–	144,869
2029 Ridge Avenue, Evanston, IL 60201	–	–	–	–	8,124
1119 Foster Street, Evanston, IL 60201	–	–	3	1,929	3,395
1117 Foster Street, Evanston, IL 60201	$320,000	4	3	1,750	3,459
1113 Foster Street, Evanston, IL 60201	–	–	2	3,060	3,524
1121 Foster Street, Evanston, IL 60201	–	–	–	–	6,066
2020 Pratt Court, Evanston, IL 60201	–	5	2	2,866	5,700
2018 Pratt Court, Evanston, IL 60201	$420,000	4	2	–	5,600
2014 Pratt Court, Evanston, IL 60201	$949,000	4	4	–	5,702
2010 Pratt Court, Evanston, IL 60201	–	3	2	1,130	5,700
1111 Foster Street, Evanston, IL 60201	$779,000	4	3	2,758	3,630
2008 Pratt Court, Evanston, IL 60201	–	–	–	–	5,653

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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 06/08/2021 12:21 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.

Evanston, IL

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