Last Sold Price
13 beds
2845 N Ridgeway Ave, Chicago, IL 60618

Description

Excellent investment opportunity for well maintained 4 flat in the most convenient location! Located on a desirably quiet street, this building is always fully occupied and current owner spared no expense at keeping it in great condition. Updates include: new roof, new furnaces, new water heaters, new electrical panels, and much more. Garden level offers full sized windows which could easily turn first floor units into duplex down apartments. Coin operated laundry allows for additional income. Abundance...Excellent investment opportunity for well maintained 4 flat in the most convenient location! Located on a desirably quiet street, this building is always fully occupied and current owner spared no expense at keeping it in great condition. Updates include: new roof, new furnaces, new water heaters, new electrical panels, and much more. Garden level offers full sized windows which could easily turn first floor units into duplex down apartments. Coin operated laundry allows for additional income. Abundance of potential.
LISTING CLOSED: 08/05/2019 12:00 AM

Listing Agent

  1. Brad Lippitz

    Brad Lippitz

    Listing Agent

    Compass

    P: (773) 230-5100

Sold By Compass

Property Details for 2845 North Ridgeway Avenue

Status
MLS #
10406704
Days on Market
19
Taxes
$10,480 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Two to Four Units / 4 Flat
Year Built
1896
Lot Size
0.07 AC / 3,125 SF
Area
CHI - Avondale
Township
JEFFERSON
Ownership
Fee Simple
Num Of Parking Spaces
2.0
Num Of Cars
2.0
Heat/Fuel
Natural Gas, Forced Air
Zoning
MULTI

Recent comparable sales

Median sold price

$820,000

Avg days on market

55

Sale-to-list ratio

95.9%

Chicago, IL

9 comparable properties found

a car parked in front of a building
1/9
1

$820,000

Sold 05/30/25

13
Bedrooms
Unavailable
Square Feet
0.09
Acres
$735,000 | 3920 West Grand Avenue, Chicago, IL 60651
1/48
2

$735,000

Sold 09/30/24

13
Bedrooms
Unavailable
Square Feet
0.13
Acres
$1,220,000 | 2543 North Springfield Avenue, Chicago, IL 60647
1/11
3

$1,220,000

Sold 06/12/25

13
Bedrooms
Unavailable
Square Feet
0.16
Acres
a view of a building from a balcony
1/18
4

$850,000

Sold 06/18/25

12
Bedrooms
Unavailable
Square Feet
0.31
Acres
$795,000 | 1658 North Harding Avenue, Chicago, IL 60647
1/11
5

$795,000

Sold 06/13/25

13
Bedrooms
Unavailable
Square Feet
0.10
Acres
$1,325,000 | 2147 West Belmont Avenue, Chicago, IL 60618
1/23
6

$1,325,000

Sold 07/16/25

13
Bedrooms
Unavailable
Square Feet
0.07
Acres
front view of a building
1/28
7

$1,550,000

Sold 11/18/24

13
Bedrooms
Unavailable
Square Feet
0.11
Acres
$785,000 | 1127 North Christiana Avenue, Chicago, IL 60651
1/17
8

$785,000

Sold 09/26/24

11
Bedrooms
Unavailable
Square Feet
0.08
Acres
$700,000 | 3544 West Douglas Boulevard, Chicago, IL 60623
1/25
9

$700,000

Sold 07/22/26

14
Bedrooms
Unavailable
Square Feet
0.1
Acres

Location

Add your commute

Building Information for 2845 North Ridgeway Avenue

Stories-Residences4Year Built1896Building Size-Lot Size0.07 AC / 3,125 SF

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$4,482 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,609

Property Taxes

$873

HOA Dues

$0

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Property Information for 2845 North 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 Details: Unassigned, Off Street, Driveway
  • Parking On Site: true
  • Parking Ownership: Owned
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Num Of Rooms: 24
  • Bedrooms Total: 13
  • Bedrooms (Below Grade): 0
  • Community Features: Sidewalks, Street Lights, Street Paved
  • Basement Type: Full
  • Bedrooms Possible: 13
  • Basement Description: Finished, Exterior Access, Egress Window
  • # Full Baths in Building: 7
  • # Half Baths in Building: 0
  • Num of Baths: 7.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • 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: 25X125
  • Total # Units in Building: 4.0
  • Waterfront: No
  • Exterior Building Type: Brick, Frame
  • Roof Type: Asphalt
  • Foundation Details: Concrete Perimeter
  • General Information: None
  • North Coordinate: 2845
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 3700
  • 3 Br Un In Bldg: Yes
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 8
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Other Addl Income: Coin Laundry
Unit 1
  • Unit Type Actual Rent: $1,100.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Floor # - Unit 1: 1
  • # Of Rooms - Unit 1: 4
  • # Half Baths-Unit 1: 0
  • # Full Baths-Unit 1: 1
  • Appliances/Features Unit 1: Stove, Refrigerator, Central Air Conditioner, Hardwood Floors
  • Sec Deposit $ - Unit 1: 0
  • Tenant Pays - Unit 1: Electric, Gas, Heat
Unit 2
  • Unit Type Actual Rent: $1,050.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Floor # - Unit 2: 1
  • # Of Rooms - Unit 2: 4
  • # Half Baths-Unit 2: 0
  • # Full Baths-Unit 2: 1
  • Appliances/Features Unit 2: Stove, Refrigerator, Central Air Conditioner, Hardwood Floors
  • Sec Deposit $ - Unit 2: 0.0
  • Tenant Pays - Unit 2: Electric, Gas, Heat
Unit 3
  • Unit Type Actual Rent: $1,450.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 3
  • Floor # - Unit 3: 2
  • # Of Rooms - Unit 3: 5
  • # Half Baths-Unit 3: 0
  • # Full Baths-Unit 3: 2
  • Appliances/Features Unit 3: Stove, Refrigerator, Central Air Conditioner, Hardwood Floors
  • Sec Deposit $ - Unit 3: 0.
  • Tenant Pays - Unit 3: Electric, Gas, Heat
Unit 4
  • Unit Type Actual Rent: $700.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 4
  • Floor # - Unit 4: 2
  • # Of Rooms - Unit 4: 4
  • # Half Baths-Unit 4: 0
  • # Full Baths-Unit 4: 1
  • Appliances/Features Unit 4: Stove, Refrigerator, Central Air Conditioner, Hardwood Floors
  • Sec Deposit $ - Unit 4: 0.00
  • Tenant Pays - Unit 4: Electric, Gas, Heat

Property History for 2845 North Ridgeway Avenue

DateEvent & SourcePriceAppreciation
Aug 5, 2019

Sold

MRED #10406704

$710,000
Jun 24, 2019

Pending

MRED #10406704

Jun 6, 2019

Listed (Active)

MRED #10406704

$750,000
DateEvent & SourcePrice
08/05/2019

Sold

MRED #10406704

$710,000
06/24/2019

Pending

MRED #10406704

06/06/2019

Listed (Active)

MRED #10406704

$750,000

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

Schools near 2845 North Ridgeway Avenue

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

Schurz High School
Public9 to 12

Aspira Charter - Bus and Fin
Charter9 to 12

Antonia Pantoja High School
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.

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 07:48 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.