Last Sold Price
9 beds3,000 sqft$130/sqft
2220 S Ridgeway Ave, Chicago, IL 60623

Description

Newer renovation brick 3-flat with full floor units. All units are three-bedroom/one bath apartments with parking in the rear. Units feature hardwood floors, granite and modern bathrooms and kitchens. Great cash flow with potential to increase rents and parking fees. Perfect opportunity to have great returns on a minimal investment or owner occupy one of the units and collect rental income.Newer renovation brick 3-flat with full floor units. All units are three-bedroom/one bath apartments with parking in the rear. Units feature hardwood floors, granite and modern bathrooms and kitchens. Great cash flow with potential to increase rents and parking fees. Perfect opportunity to have great returns on a minimal investment or owner occupy one of the units and collect rental income.
LISTING CLOSED: 06/28/2021 12:00 AM

  1. Listed by Angelo Labriola • Sperry Van Ness
    P: (708) 307-7529 angelo.labriola@svn.com

Sold By Sperry Van Ness; HomeSmart Realty Group

Property Details for 2220 South Ridgeway Avenue

Status
MLS #
11066729
Days on Market
26
Taxes
$3,506 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Two to Four Units / 3 Flat
Year Built
1915
Lot Size
0.09 AC / 3,920 SF
Area
CHI - South Lawndale
Township
West Chicago
Ownership
Fee Simple
Num Of Parking Spaces
3.0
Num Of Cars
3.0
Heat/Fuel
Natural Gas

Recent comparable sales

Median sold price

$377,000

Avg days on market

52

Sale-to-list ratio

98.4%

Chicago, IL

9 comparable properties found

a front view of a house
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1

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9
Bedrooms
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Square Feet
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Acres
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Square Feet
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Sold 06/23/25

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Bedrooms
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Square Feet
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Acres
$420,000 | 1529 South Homan Avenue, Chicago, IL 60623
1/27
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Bedrooms
Unavailable
Square Feet
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Acres
$350,000 | 1521 South Keeler Avenue, Chicago, IL 60623
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Acres
$399,000 | 1311 South Avers Avenue, Chicago, IL 60623
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Unavailable
Square Feet
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Acres
a front view of a house
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Sold 06/19/26

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Bedrooms
Unavailable
Square Feet
0.07
Acres
$320,000 | 2749 South Millard Avenue, Chicago, IL 60623
1/16
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$320,000

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9
Bedrooms
Unavailable
Square Feet
0.09
Acres
$302,500 | 2505 South Central Park Avenue, Chicago, IL 60623
1/16
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Sold 03/26/25

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Bedrooms
Unavailable
Square Feet
0.10
Acres

Location

Add your commute

Building Information for 2220 South Ridgeway Avenue

Stories-Residences3Year Built1915Building Size-Lot Size0.09 AC / 3,920 SF

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$2,269 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,977

Property Taxes

$292

HOA Dues

$0

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Property Information for 2220 South Ridgeway Avenue

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Parking: Space/s
  • Parking On Site: true
  • Parking Ownership: Owned
Property Information
Interior Features
  • Num Of Rooms: 21
  • Bedrooms Total: 9
  • Bedrooms (Below Grade): 0
  • Basement Type: Full
  • Bedrooms Possible: 9
  • Basement Description: Unfinished
  • # 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: 2012
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 30X125
  • Total # Units in Building: 3.0
  • Waterfront: No
  • Exterior Building Type: Brick
  • General Information: None
  • North Coordinate: 0
  • South Coordinate: 2220
  • East Coordinate: 0
  • West Coordinate: 3750
  • 3 Br Un In Bldg: Yes
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 7
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Gross Income: $39,600.00
Unit 1
  • Unit Type Actual Rent: $1,000.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Total Sq Ft - Unit 1: 1000
  • Floor # - Unit 1: 1
  • # Of Rooms - Unit 1: 7
  • # Half Baths-Unit 1: 0
  • # Full Baths-Unit 1: 1
  • Appliances/Features Unit 1: Stove, Refrigerator, Dishwasher, Microwave, Garage/Space
  • Lease Exp Date (Mo/Yr) - Unit 1: 12-21-2026
  • Sec Deposit $ - Unit 1: 0
  • Tenant Pays - Unit 1: Electric, Gas
Unit 2
  • Unit Type Actual Rent: $1,150.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Total Sq Ft - Unit 2: 1000
  • 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, Garage/Space
  • Lease Exp Date (Mo/Yr) - Unit 2: 01-21-2026
  • Sec Deposit $ - Unit 2: 0
  • Tenant Pays - Unit 2: Electric, Gas
Unit 3
  • Unit Type Actual Rent: $1,150.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 3
  • Total Sq Ft - Unit 3: 1000
  • Floor # - Unit 3: 3
  • # Of Rooms - Unit 3: 7
  • # Half Baths-Unit 3: 0
  • # Full Baths-Unit 3: 1
  • Appliances/Features Unit 3: Stove, Refrigerator, Dishwasher, Microwave, Garage/Space
  • Lease Exp Date (Mo/Yr) - Unit 3: 11-21-2026
  • Sec Deposit $ - Unit 3: 0
  • Tenant Pays - Unit 3: Electric, Gas

Property History for 2220 South Ridgeway Avenue

DateEvent & SourcePriceAppreciation
Jun 28, 2021

Sold (Public Record)

Public Record #1466332905

$389,000

+12.0% / yr

Jun 28, 2021

Sold

MRED #11066729

$389,000
May 21, 2021

Pending

MRED #11066729

DateEvent & SourcePrice
06/28/2021

Sold (Public Record)

Public Record #1466332905

$389,000

+12.0% / yr

06/28/2021

Sold

MRED #11066729

$389,000
05/21/2021

Pending

MRED #11066729

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

Public Records for 2220 South Ridgeway Avenue

Taxable ValueLand$5,481Additions$32,519Total$38,000
Tax Record2023$2,532 ($211 / month)
Home Facts
Baths3Total Finished SqFt3,141 SqFtAbove Grade Finished SqFt3,141 SqFtStories3Lot Size3,780 SqFtStyleMulti-Family Res (5+ Units)Year Built1913CountyCOOKAPN16-26-104-045

Schools near 2220 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 - K to 8
Rating
School
Distance
Cardenas Elementary School
PublicPK to 8

Farragut Career Academy High School
Public9 to 12

KIPP Chicago Chrtrs - Ascend Acad
CharterK to 8

Legacy Elementary Charter School
CharterK to 8

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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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 Sperry Van Ness

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 06/29/2021 11:37 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.