Sold
Last Sold Price
7 beds

3240 N Ridgeway Ave, Chicago, IL 60618

Multi FamilyProperty Type
0.10 acresLot Size
1906Year Built
2 carsParking Spaces

Description

Well maintained by owner occupant for past 17 years. Perfectly located 2 flat in Hot Avondale. The first floor unit has 2 bedrooms, 1 bathroom, formal dining, living room and large eat in kitchen. The second floor mirrors the first, but with a slightly larger living room. Maximize your income by keeping the 3rd floor as a separate apartment (1 bed, 1 bath, kitchen, living) or duplex up the 2nd floor. The building also has a vacant non conforming garden/in law unit in the basement with 2 additional...Well maintained by owner occupant for past 17 years. Perfectly located 2 flat in Hot Avondale. The first floor unit has 2 bedrooms, 1 bathroom, formal dining, living room and large eat in kitchen. The second floor mirrors the first, but with a slightly larger living room. Maximize your income by keeping the 3rd floor as a separate apartment (1 bed, 1 bath, kitchen, living) or duplex up the 2nd floor. The building also has a vacant non conforming garden/in law unit in the basement with 2 additional bedrooms, 1 bathroom and connections for a kitchen. The wide lot has a fenced in back yard as well as a 2 car garage. Additional features: Central AC and Heat in all units except garden unit (central heat only), laundry on site for additional income and updated electrical panels. Multiple options for investment income. Current rent prices well below market. Excellent location. Building sold as-is.
  • Listed by: Tim Mullet 312.883.4402 tmullet@dreamtown.com • Dream Town Realty
Listing closed: 03/08/2021 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 10964709
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Recent comparable sales

Median sold price

$600,000

Avg days on market

10

Sale-to-list ratio

101.1%

Chicago, IL

9 comparable properties found

$550,000 | 2519 North Hamlin Avenue, Chicago, IL 60647
1/31
1

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Sold 02/26/25

7
Bedrooms
Unavailable
Square Feet
0.05
Acres
$605,000 | 2302 North Hamlin Avenue, Chicago, IL 60647
1/23
2

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Sold 03/31/26

7
Bedrooms
Unavailable
Square Feet
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Acres
a view of a house with a yard
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Sold 03/25/26

7
Bedrooms
3,000
Square Feet
0.10
Acres
$565,000 | 5135 West Wellington Avenue, Chicago, IL 60641
1/22
4

$565,000

Sold 05/14/25

7
Bedrooms
2,086
Square Feet
0.09
Acres
a front view of a house with a yard
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5

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Sold 11/26/24

7
Bedrooms
Unavailable
Square Feet
0.07
Acres
a front view of a house with a garden
1/24
6

$625,000

Sold 08/10/26

7
Bedrooms
Unavailable
Square Feet
0.09
Acres
a front view of a house with balcony
1/37
7

$600,000

Sold 04/30/26

7
Bedrooms
Unavailable
Square Feet
0.09
Acres
a front view of a house with a garden
1/34
8

$900,000

Sold 11/21/25

7
Bedrooms
Unavailable
Square Feet
0.1
Acres
$598,500 | 4133 West Melrose Street, Chicago, IL 60641
1/53
9

$598,500

Sold 06/26/26

6
Bedrooms
Unavailable
Square Feet
0.09
Acres

Location

Listing Courtesy of Dream Town Realty
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Principal and Interest

$2,763

Property Taxes

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Property Information for 3240 North Ridgeway Avenue

Property Details

  • Taxes: $5,354 / year
  • MLS Type: Two to Four Units / 2 Flat
  • County: Cook County
  • 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, Forced Air
  • Zoning: MULTI

Building Information

  • Residences: 2
  • Year Built: 1906
  • Lot Size: 0.10 AC / 4,375 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

Property Information

Interior Features
  • Num Of Rooms: 19
  • Bedrooms Total: 7
  • Bedrooms (Below Grade): 0
  • 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, Sewer-Storm
  • Water: Lake Michigan
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 35X125
  • Total # Units in Building: 2.0
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt
  • General Information: None
  • North Coordinate: 3240
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 3700
  • 3 Br Un In Bldg: No
Property and Assessments
  • Public Document Count: 1
  • Document Date: 2021-01-06T21:43:50
  • Photos Count: 25
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
  • Virtual Tour Date: 01-06-2021

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: 5
  • # Half Baths-Unit 1: 0
  • # Full Baths-Unit 1: 1
  • Appliances/Features Unit 1: Stove, Hardwood Floors
  • Sec Deposit $ - Unit 1: 0
  • Tenant Pays - Unit 1: Electric, Gas, Sewer, Water
Unit 2
  • Unit Type Actual Rent: $950.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Floor # - Unit 2: 2
  • # Of Rooms - Unit 2: 5
  • # Half Baths-Unit 2: 0
  • # Full Baths-Unit 2: 1
  • Appliances/Features Unit 2: Stove, Refrigerator, Hardwood Floors
  • Sec Deposit $ - Unit 2: 900
  • Tenant Pays - Unit 2: Electric, Gas

Property History for 3240 North Ridgeway Avenue

DateEvent & SourcePriceAppreciation
Mar 8, 2021

Sold

MRED #10964709

$517,500—
Feb 18, 2021

Sold (Public Record)

Public Record #1459367476

$517,500

+3.0% / yr

Jan 15, 2021

Pending

MRED #10964709

—
DateEvent & SourcePrice
03/08/2021

Sold

MRED #10964709

$517,500
02/18/2021

Sold (Public Record)

Public Record #1459367476

$517,500

+3.0% / yr

01/15/2021

Pending

MRED #10964709

—

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

Public Records for 3240 North Ridgeway Avenue

Taxable Value

Land

$16,313

Additions

$31,688
Total$48,001

Tax Record

2023

$9,322 ($777 / month)

Home Facts

Baths

2

Total Finished SqFt

2,014 SqFt

Above Grade Finished SqFt

2,014 SqFt

Stories

2

Lot Size

3,750 SqFt

Style

Multi-Family Res (5+ Units)

Year Built

1903

County

COOK

APN

13-23-329-022

Schools near 3240 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
Reilly Elementary School
PublicPK to 8

Schurz High School
Public9 to 12

ASPIRA Charter - Early College Pr
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.

Listing Courtesy of Dream Town Realty

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 10:28 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.