Sold
Last Sold Price
7 beds
2417 N Ridgeway Ave, Chicago, IL 60647
Multi FamilyProperty Type
3,049 sq ftLot Size
1911Year Built
2 carsParking Spaces

Description

Live luxurious while renters pay off your mortgage! This 3 unit building in Logan Square was completely gut rehabbed down to the studs only 5 years ago. New roof, plumbing, electrical, porches, furnaces, central air units, kitchens, and baths - you won't need to touch a thing! Owner's unit is a massive 3 bed/2 bath duplex with large master bedroom/bath, additional family room and a 2 car garage. Unit #2 and #3 are 2 bed/1 bath large, open concept with laundry in unit and rear decks. Your rental income...Live luxurious while renters pay off your mortgage! This 3 unit building in Logan Square was completely gut rehabbed down to the studs only 5 years ago. New roof, plumbing, electrical, porches, furnaces, central air units, kitchens, and baths - you won't need to touch a thing! Owner's unit is a massive 3 bed/2 bath duplex with large master bedroom/bath, additional family room and a 2 car garage. Unit #2 and #3 are 2 bed/1 bath large, open concept with laundry in unit and rear decks. Your rental income could cover 80% or more of your mortgage!

    Sold By Baird & Warner

    • Listed by: Julia 773.316.9944 julia@spacesre.com • Spaces Real Estate LLC
    Listing closed: 08/01/2017 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 09609737

    Location

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    $4,361 per month

    30 year fixed, 6.55% Interest

    Principal and Interest

    $3,812

    Property Taxes

    $549

    HOA Dues

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    Property Information for 2417 North Ridgeway Avenue

    Property Details
    • Taxes: $6,589 / year
    • MLS Type: Two to Four Units / 3 Flat
    • County: Cook County
    • Area: CHI - Logan Square
    • Township: WEST CHICAGO
    • Ownership: Fee Simple
    • Num Of Garage Spaces: 2.0
    • Parking Included in Price: Yes
    • Heat/Fuel: Natural Gas
    • Architectural Style: Other
    • Zoning: MULTI
    Building Information
    • Residences: 3
    • Year Built: 1911
    • Lot Size: 0.07 AC / 3,049 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)
    • 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: 14
    • Bedrooms Total: 7
    • Bedrooms (Below Grade): 0
    • Bath Amenities: Double Sink,Soaking Tub
    • Basement Type: Full
    • Bedrooms Possible: 7
    • Basement Description: Finished
    • # Full Baths in Building: 4
    • # Half Baths in Building: 0
    • Num of Baths: 4.0
    Utilities / Equipment
    • Sewer: Sewer-Public
    • Water: Lake Michigan
    • Other Equipment: Sump Pump
    Property/Lot Information
    • Exterior Property Features: Deck
    • New Construction YN: No
    • Rebuilt: No
    • Rehabilitated: Yes
    • Rehab Year: 2014
    • Built Before 1978: Yes
    • Age: 100+ Years
    • Lot Description: Fenced Yard
    • Lot Size: Less Than .25 Acre
    • Lot Dimensions: 25X125
    • Total # Units in Building: 3.0
    • Waterfront: No
    • Exterior Building Type: Brick
    • Roof Type: Rubber, Flat
    • Foundation Details: Concrete Perimeter
    • General Information: None
    • North Coordinate: 2417
    • South Coordinate: 0
    • East Coordinate: 0
    • West Coordinate: 3700
    • 3 Br Un In Bldg: Yes
    Property and Assessments
    • Photos Count: 26
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No
    Multi Family
    Income & Expenses
    • Gross Income: $37,200.00
    • Net Operating Income: $24,805.00
    • Other Expenses $: 12395
    Unit 1
    • Unit Type Baths Total: 2
    • Unit Type Beds Total: 3
    • Unit Type Type: Unit 1
    • Lease Expiration Date: 0/00
    Unit 2
    • Unit Type Actual Rent: $1,500.00
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 2
    • Lease Expiration Date: 9/17
    Unit 3
    • Unit Type Actual Rent: $1,600.00
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 3
    • Lease Expiration Date: 9/17

    Property History for 2417 North Ridgeway Avenue

    DateEvent & SourcePriceAppreciation
    Aug 1, 2017

    Sold

    MRED #09609737

    $749,900
    Jul 26, 2017

    Sold (Public Record)

    Public Record #602775249

    $750,000

    +10.8% / yr

    May 19, 2017

    Pending

    MRED #09609737

    DateEvent & SourcePrice
    08/01/2017

    Sold

    MRED #09609737

    $749,900
    07/26/2017

    Sold (Public Record)

    Public Record #602775249

    $750,000

    +10.8% / yr

    05/19/2017

    Pending

    MRED #09609737

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

    Public Records for 2417 North Ridgeway Avenue

    Taxable ValueLand$13,594Additions$53,406Total$67,000
    Tax Record2023$10,723 ($894 / month)
    Home Facts
    Baths3Total Finished SqFt3,066 SqFtAbove Grade Finished SqFt3,066 SqFtStories3Lot Size3,125 SqFtStyleMulti-Family Res (5+ Units)Year Built1914CountyCOOKAPN13-26-328-016

    Schools near 2417 North Ridgeway Avenue

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

    Marine Leadership Academy - Ames
    Public7 to 12

    Aspira Charter - Bus and Fin
    Charter9 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.

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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 Spaces Real Estate 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 08/01/2017 03:29 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.