Last Sold Price
6 beds1,200 sqft$529/sqft
2963 N Ridgeway Ave, Chicago, IL 60618

Description

Calling all Investors! Fully rented beautifully appointed 2020 gut rehab 2 Flat situated near the the border of Logan Square and Avondale. 6.5% Cap Rate! One unit is a spacious 3 Bedroom/2 Bathroom Duplex up includes an Office/Den space + a full floor primary suite and two decks. Second unit is a 3 Bedroom/1 Bathroom Simplex. Each unit has own mechanicals, In-unit W/D, Central A/C, and Keyless/smart lock access. Roof 2019. Appliances 2020. Spacious backyard and 2 car garage parking. Short commute...Calling all Investors! Fully rented beautifully appointed 2020 gut rehab 2 Flat situated near the the border of Logan Square and Avondale. 6.5% Cap Rate! One unit is a spacious 3 Bedroom/2 Bathroom Duplex up includes an Office/Den space + a full floor primary suite and two decks. Second unit is a 3 Bedroom/1 Bathroom Simplex. Each unit has own mechanicals, In-unit W/D, Central A/C, and Keyless/smart lock access. Roof 2019. Appliances 2020. Spacious backyard and 2 car garage parking. Short commute to the Logan Square/Belmont L stop and Healy Metra stop, Avondale Bowl, Kosciuszko Dog Park, Sipping Turtle Cafe, and so much more. Turn key + build easy equity. Units rent quickly. Tenants pay utilities except water. Great opportunity for Investors and Airbnb option!
LISTING CLOSED: 03/07/2023 12:00 AM

    Sold By @properties Christie's International Real Estate

    Property Details for 2963 North Ridgeway Avenue

    Status
    MLS #
    11702189
    Days on Market
    9
    Taxes
    $7,873 / year
    HOA Fees
    -
    Condo/Co-op Fees
    -
    Property Type
    MLS Type
    Two to Four Units / 2 Flat
    Year Built
    1900
    Lot Size
    0.06 AC / 2,500 SF
    Area
    CHI - Avondale
    Township
    Jefferson
    Ownership
    Fee Simple
    Num Of Garage Spaces
    2.0
    Num Of Cars
    2.0
    Parking Included in Price
    Yes
    Heat/Fuel
    Natural Gas
    Architectural Style
    A-Frame

    Recent comparable sales

    Median sold price

    $660,000

    Avg days on market

    42

    Sale-to-list ratio

    98.7%

    Chicago, IL

    9 comparable properties found

    $625,000 | 2848-50 North Ridgeway Avenue, Chicago, IL 60618
    1/17
    1

    $625,000

    Sold 12/15/25

    6
    Bedrooms
    Unavailable
    Square Feet
    0.14
    Acres
    a front view of a house with a garden
    1/54
    2

    $620,000

    Sold 11/21/24

    7
    Bedrooms
    1,100
    Square Feet
    0.07
    Acres
    $665,000 | 3742 West Diversey Avenue, Chicago, IL 60647
    1/18
    3

    $665,000

    Sold 07/01/26

    6
    Bedrooms
    Unavailable
    Square Feet
    0.07
    Acres
    a view of a white house with large windows
    1/44
    4

    $705,000

    Sold 07/06/26

    6
    Bedrooms
    Unavailable
    Square Feet
    0.07
    Acres
    $660,000 | 2962 North Allen Avenue, Chicago, IL 60618
    1/30
    5

    $660,000

    Sold 03/31/25

    6
    Bedrooms
    2,947
    Square Feet
    0.07
    Acres
    $645,000 | 3129 North Christiana Avenue, Chicago, IL 60618
    1/13
    6

    $645,000

    Sold 04/09/25

    7
    Bedrooms
    1,225
    Square Feet
    0.07
    Acres
    a front view of a house with yard and garage
    1/39
    7

    $622,000

    Sold 09/09/25

    6
    Bedrooms
    Unavailable
    Square Feet
    0.09
    Acres
    a front view of a house with a yard
    1/45
    8

    $727,000

    Sold 09/08/25

    6
    Bedrooms
    Unavailable
    Square Feet
    Unavailable
    Acres
    a front view of a house
    1/39
    9

    $670,000

    Sold 06/30/25

    6
    Bedrooms
    Unavailable
    Square Feet
    0.45
    Acres

    Location

    Add your commute

    Building Information for 2963 North Ridgeway Avenue

    Stories-Residences2Year Built1900Building Size-Lot Size0.06 AC / 2,500 SF

    Payment Calculator

    Get preapproved with
    OriginPoint Mortgage or Rocket Mortgage1

    $3,884 per month

    30 year fixed, 6.55% Interest

    Principal and Interest

    $3,228

    Property Taxes

    $656

    HOA Dues

    $0

    The Payment Calculator is for illustrative purposes only.

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    Rocket Mortgage1

    Property Information for 2963 North Ridgeway Avenue

    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
    Property Information
    Interior Features
    • Num Of Rooms: 15
    • Bedrooms Total: 6
    • Bedrooms (Below Grade): 0
    • Community Features: Park, Curbs, Sidewalks, Street Lights
    • Basement Type: None
    • Bedrooms Possible: 6
    • Basement Description: Crawl
    • Basement Bathrooms: No
    • # Full Baths in Building: 3
    • # Half Baths in Building: 0
    • Room Type: Den
    • Num of Baths: 3.0
    Utilities / Equipment
    • Sewer: Sewer-Public
    • Water: Public
    • Other Equipment: Ceiling Fan(s), Multiple Water Heaters
    Property/Lot Information
    • Exterior Property Features: Deck
    • New Construction YN: No
    • Rebuilt: No
    • Rehabilitated: Yes
    • Rehab Year: 2020
    • Built Before 1978: Yes
    • Age: 100+ Years
    • Lot Description: Fenced Yard
    • Lot Size: Less Than .25 Acre
    • Lot Dimensions: 20X125
    • Total # Units in Building: 2.0
    • Other Structures: Garage(s)
    • Waterfront: No
    • Exterior Building Type: Vinyl Siding
    • Roof Type: Asphalt
    • General Information: None
    • North Coordinate: 2963
    • South Coordinate: 0
    • East Coordinate: 0
    • West Coordinate: 3732
    • 3 Br Un In Bldg: Yes
    • Conversion: N
    Property and Assessments
    • Public Document Count: 0
    • Photos Count: 35
    • Deconversion: N
    Virtual Tour/Additional Media
    • Virtual Tour: Image360
    • Virtual Tour YN: Yes
    Multi Family
    Income & Expenses
    • Gross Income: $57,000.00
    • Insurance Expense: $2,584.00
    • Insurance Expense Source: Actual
    • Water Expense Source: Actual
    • Water Sewer Expense: $2,472.00
    Unit 1
    • Unit Type Actual Rent: $1,900.00
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 3
    • Unit Type Type: Unit 1
    • Lease Expiration Date: 2/24
    Unit 2
    • Unit Type Actual Rent: $2,850.00
    • Unit Type Baths Total: 2
    • Unit Type Beds Total: 3
    • Unit Type Type: Unit 2
    • Lease Expiration Date: 06/23

    Property History for 2963 North Ridgeway Avenue

    DateEvent & SourcePriceAppreciation
    Mar 7, 2023

    Sold

    MRED #11702189

    $635,000
    Mar 7, 2023

    Sold

    MRED #11702189

    $620,000
    Mar 1, 2023

    Sold (Public Record)

    Public Record #1507479088

    $635,000

    +4.0% / yr

    DateEvent & SourcePrice
    03/07/2023

    Sold

    MRED #11702189

    $635,000
    03/07/2023

    Sold

    MRED #11702189

    $620,000
    03/01/2023

    Sold (Public Record)

    Public Record #1507479088

    $635,000

    +4.0% / yr

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

    Public Records for 2963 North Ridgeway Avenue

    Taxable ValueLand$13,594Additions$56,406Total$70,000
    Tax Record2023$8,263 ($689 / month)
    Home Facts
    Baths4Total Finished SqFt2,800 SqFtAbove Grade Finished SqFt2,800 SqFtStories2Lot Size3,125 SqFtStyleMulti-Family Res (5+ Units)Year Built1898CountyCOOKAPN13-26-117-018Fireplace TypeHas Fireplace

    Schools near 2963 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.

    Neighborhood Map and Transit

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    Nearby home values

    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 @properties Christie's International Real Estate

    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 03/10/2023 12:55 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.