Sold
Last Sold Price
8 beds
2945 N Ridgeway Ave, Chicago, IL 60618
Multi FamilyProperty Type
0.07 acresLot Size

Description

Cash flow positive legal 4 flat with room to grow. Huge unfinished attic space, basement and a separate space in back give exponential investment opportunities. Duplex up for an incredible owners unit or rent out and watch your investment grow. Incredible potential! All 4 units have been renovated and easily rent out. NEW windows, HVAC, gutters. 1 block off of all Milwaukee has to offer. Walking distance to CTA blue line Logan Square. Live in one unit and let the others pay your mortgage or rent...Cash flow positive legal 4 flat with room to grow. Huge unfinished attic space, basement and a separate space in back give exponential investment opportunities. Duplex up for an incredible owners unit or rent out and watch your investment grow. Incredible potential! All 4 units have been renovated and easily rent out. NEW windows, HVAC, gutters. 1 block off of all Milwaukee has to offer. Walking distance to CTA blue line Logan Square. Live in one unit and let the others pay your mortgage or rent out all 4 and sit back as the money comes in!

    Sold By Kale Realty

    Listing closed: 09/27/2019 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 10447621

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    Recent comparable sales

    Median sold price

    $955,000

    Avg days on market

    41

    Sale-to-list ratio

    98.2%

    Chicago, IL

    9 comparable properties found

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    $965,000 | 3638 North Keeler Avenue, Chicago, IL 60641
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    $1,125,000 | 2648 North Francisco Avenue, Chicago, IL 60647
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    Location

    Add your commute

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    $5,413 per month

    30 year fixed, 7.03% Interest

    Principal and Interest

    $4,645

    Property Taxes

    $769

    HOA Dues

    $0

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    Property Information for 2945 North Ridgeway Avenue

    Property Details
    • Taxes: $9,225 / year
    • MLS Type: Two to Four Units / 4 Flat
    • County: Cook County
    • Area: CHI - Avondale
    • Township: Jefferson
    • Ownership: Fee Simple
    • Num Of Cars: 0.0
    • Heat/Fuel: Natural Gas
    Building Information
    • Residences: 4
    • 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
    • Parking: None
    Property Information
    Interior Features
    • Num Of Rooms: 16
    • Bedrooms Total: 8
    • Bedrooms (Below Grade): 0
    • Basement Type: Full
    • Bedrooms Possible: 8
    • Basement Description: Unfinished
    • Basement Bathrooms: No
    • # Full Baths in Building: 4
    • # Half Baths in Building: 0
    • Num of Baths: 4.0
    Utilities / Equipment
    • Sewer: Sewer-Public
    • Water: Public
    Property/Lot Information
    • New Construction YN: No
    • Rebuilt: No
    • Rehabilitated: Yes
    • Rehab Year: 2017
    • Built Before 1978: Yes
    • Age: Unknown
    • Lot Size: Less Than .25 Acre
    • Lot Dimensions: 25X125
    • Total # Units in Building: 4.0
    • Waterfront: No
    • Exterior Building Type: Vinyl Siding
    • General Information: Commuter Bus,Commuter Train
    • North Coordinate: 2945
    • South Coordinate: 0
    • East Coordinate: 0
    • West Coordinate: 3676
    • 3 Br Un In Bldg: No
    Property and Assessments
    • Public Document Count: 2
    • Document Date: 2019-07-10T21:06:00
    • Photos Count: 14
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No
    Multi Family
    Unit 1
    • 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, Dishwasher, Microwave, Hardwood Floors
    • Sec Deposit $ - Unit 1: 0
    • Tenant Pays - Unit 1: Electric, Gas, Heat
    Unit 2
    • Unit Type Actual Rent: $1,400.00
    • 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, Dishwasher, Microwave, Hardwood Floors
    • Lease Exp Date (Mo/Yr) - Unit 2: 04-20-2026
    • Sec Deposit $ - Unit 2: 0
    • Tenant Pays - Unit 2: Electric, Gas, Heat
    Unit 3
    • Unit Type Actual Rent: $1,500.00
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 3
    • Floor # - Unit 3: 2
    • # Of Rooms - Unit 3: 4
    • # Half Baths-Unit 3: 0
    • # Full Baths-Unit 3: 1
    • Appliances/Features Unit 3: Stove, Refrigerator, Dishwasher, Microwave, Hardwood Floors
    • Lease Exp Date (Mo/Yr) - Unit 3: 10-19-2026
    • Sec Deposit $ - Unit 3: 0
    • Tenant Pays - Unit 3: Electric, Gas, Heat
    Unit 4
    • Unit Type Actual Rent: $1,500.00
    • 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, Dishwasher, Microwave, Hardwood Floors
    • Lease Exp Date (Mo/Yr) - Unit 4: 06-20-2026
    • Sec Deposit $ - Unit 4: 0
    • Tenant Pays - Unit 4: Electric, Gas, Heat

    Property History for 2945 North Ridgeway Avenue

    DateEvent & SourcePriceAppreciation
    Sep 27, 2019

    Sold (Public Record)

    Public Record #655225806

    $870,000—
    Sep 27, 2019

    Sold

    MRED #10447621

    $870,000—
    Aug 25, 2019

    Pending

    MRED #10447621

    —
    DateEvent & SourcePrice
    09/27/2019

    Sold (Public Record)

    Public Record #655225806

    $870,000
    09/27/2019

    Sold

    MRED #10447621

    $870,000
    08/25/2019

    Pending

    MRED #10447621

    —

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

    Public Records for 2945 North Ridgeway Avenue

    Taxable ValueLand$13,594Additions$56,264Total$69,858
    Tax Record2023$10,061 ($838 / month)
    Home Facts
    Baths4Total Finished SqFt3,768 SqFtAbove Grade Finished SqFt3,768 SqFtStories2Lot Size3,125 SqFtStyleMulti-Family Res (5+ Units)Year Built1899CountyCOOKAPN13-26-122-001

    Schools near 2945 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
    Garcia Lorca 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.

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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 07:59 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.