Sold
Last Sold Price
8 beds4,600 sqft$147/sqft
5010 N Ridgeway Ave, Chicago, IL 60625
Multi FamilyProperty Type
7,405 sq ftLot Size
1925Year Built
$147/sq ftPrice per sq ft
3 carsParking Spaces

Description

Hot Albany Park Deluxe 2-unit building. Each unit features 2,300sf with 4-bedrooms and 2-baths. Basement has studio/office and work shop. Potential to add 3rd unit in English basement with 10' ceilings, good sunlight, 2-entrances, etc. 5-6 car parking on site with a 2-car garage. Central air in both units. newer modified roof, separate utilities. Beautiful windows. Eugene Park at the end of the block hosts the Albany Park Art Theater Project, tennis courts, ball fields, playground, Chicago River...Hot Albany Park Deluxe 2-unit building. Each unit features 2,300sf with 4-bedrooms and 2-baths. Basement has studio/office and work shop. Potential to add 3rd unit in English basement with 10' ceilings, good sunlight, 2-entrances, etc. 5-6 car parking on site with a 2-car garage. Central air in both units. newer modified roof, separate utilities. Beautiful windows. Eugene Park at the end of the block hosts the Albany Park Art Theater Project, tennis courts, ball fields, playground, Chicago River trails, etc. See survey, property report, floor-plan and disclosures under additional information. One of a kind opportunity for a new owner Good mechanicals, One of a kind property for a buyer with vision willing to build some equity and can see the upside potential of this increasing neighborhood. There are No peers for this one. This property has a $415,000 assumable mortg at 4.25%. Keep as 2-flat or convert to single family. Owner is motivated, bought another and moving. Needs this Sold!

    Sold By Exit Strategy Realty

    • Listed by: William Gibbons 773.286.5480 gibbons.wm@gmail.com • Donahue Commercial Real Estate LLC
    Listing closed: 09/11/2020 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 10343582

    Recent comparable sales

    Median sold price

    $642,000

    Avg days on market

    36

    Sale-to-list ratio

    95.2%

    Chicago, IL

    9 comparable properties found

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    Sold 10/21/24

    8
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    3,150
    Square Feet
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    Location

    Add your commute

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    OriginPoint Mortgage or Rocket Mortgage1

    $4,228 per month

    30 year fixed, 6.55% Interest

    Principal and Interest

    $3,431

    Property Taxes

    $797

    HOA Dues

    $0

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    Property Information for 5010 North Ridgeway Avenue

    Property Details
    • Taxes: $9,567 / year
    • MLS Type: Two to Four Units / 2 Flat
    • County: Cook County
    • Area: CHI - Albany Park
    • Township: Jefferson
    • Ownership: Fee Simple
    • Num Of Garage Spaces: 2.0
    • Num Of Cars: 5.0
    • Parking Included in Price: Yes
    • Heat/Fuel: Natural Gas, Forced Air, Hot Water/Steam
    • Zoning: MULTI
    Building Information
    • Residences: 2
    • Year Built: 1925
    • Lot Size: 0.17 AC / 7,405 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), Transmitter(s)
    • Garage On Site: true
    • Garage Ownership: Owned
    • Garage Type: Detached
    • Parking: Garage, Space/s
    • Parking Details: Off Street, Visitor Parking
    • Parking On Site: true
    • Parking Ownership: Owned
    Taxes and HOA Information
    • Additional Parcels: Yes
    Property Information
    Interior Features
    • Num Of Rooms: 14
    • Bedrooms Total: 8
    • Bedrooms (Below Grade): 0
    • Community Features: Park, Tennis Court(s), Lake
    • Bath Amenities: Separate Shower
    • Basement Type: Full
    • Bedrooms Possible: 8
    • Basement Description: Partially Finished
    • # Full Baths in Building: 4
    • # Half Baths in Building: 1
    • Room Type: Den
    • Num of Baths: 4.1
    Utilities / Equipment
    • Sewer: Sewer-Public
    • Water: Lake Michigan, Public
    • Other Equipment: Humidifier, TV Antenna, Air Purifier
    Property/Lot Information
    • Exterior Property Features: Deck, Patio, Porch, Storms/Screens
    • New Construction YN: No
    • Rebuilt: No
    • Rehabilitated: No
    • Built Before 1978: Yes
    • Age: 91-100 Years
    • Lot Description: Fenced Yard
    • Lot Size: Less Than .25 Acre
    • Lot Dimensions: 60 X 125
    • Total # Units in Building: 2.0
    • Waterfront: No
    • Exterior Building Type: Brick
    • Roof Type: Rubber
    • Foundation Details: Concrete Perimeter
    • General Information: None
    • North Coordinate: 5010
    • South Coordinate: 0
    • East Coordinate: 0
    • West Coordinate: 3732
    • 3 Br Un In Bldg: Yes
    Property and Assessments
    • Buyer Financing: Assumption-FHA
    • Public Document Count: 4
    • Document Date: 2019-04-14T07:02:00
    • Photos Count: 27
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No
    Multi Family
    Income & Expenses
    • Gross Income: $.00
    • Net Operating Income: $.00
    • Other Expenses $: 0
    Unit 1
    • Unit Type Actual Rent: $.00
    • Unit Type Baths Total: 2
    • Unit Type Beds Total: 4
    • Unit Type Type: Unit 1
    • Total Sq Ft - Unit 1: 2300
    • Floor # - Unit 1: 1
    • # Of Rooms - Unit 1: 7
    • # Half Baths-Unit 1: 0
    • # Full Baths-Unit 1: 2
    • Appliances/Features Unit 1: Stove, Refrigerator, Central Air Conditioner, Fireplace-Artificial, Hardwood Floors, Walk-In Closet
    • Lease Exp Date (Mo/Yr) - Unit 1: 01-01-1970
    • Sec Deposit $ - Unit 1: 0
    • Tenant Pays - Unit 1: All
    Unit 2
    • Unit Type Actual Rent: $.00
    • Unit Type Baths Total: 2
    • Unit Type Beds Total: 4
    • Unit Type Type: Unit 2
    • Total Sq Ft - Unit 2: 2300
    • Floor # - Unit 2: 2
    • # Of Rooms - Unit 2: 7
    • # Half Baths-Unit 2: 0
    • # Full Baths-Unit 2: 2
    • Appliances/Features Unit 2: Stove, Refrigerator, Dishwasher, Microwave, Central Air Conditioner, Fireplace-Artificial, Garage/Space, Laundry Hook-Up, Hardwood Floors, Walk-In Closet, Oven/Built-in
    • Lease Exp Date (Mo/Yr) - Unit 2: 01-01-1970
    • Sec Deposit $ - Unit 2: 0
    • Tenant Pays - Unit 2: All

    Property History for 5010 North Ridgeway Avenue

    DateEvent & SourcePriceAppreciation
    Sep 11, 2020

    Sold

    MRED #10343582

    $675,000
    May 29, 2020

    Cancelled

    MRED #10406205

    $650,000
    Jun 5, 2019

    Listed (Active)

    MRED #10406205

    $650,000
    DateEvent & SourcePrice
    09/11/2020

    Sold

    MRED #10343582

    $675,000
    05/29/2020

    Cancelled

    MRED #10406205

    $650,000
    06/05/2019

    Listed (Active)

    MRED #10406205

    $650,000

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

    Public Records for 5010 North Ridgeway Avenue

    Taxable ValueLand$12,978Additions$51,022Total$64,000
    Tax Record2023$11,017 ($918 / month)
    Home Facts
    Baths4.5Total Finished SqFt4,432 SqFtAbove Grade Finished SqFt4,432 SqFtStories2Lot Size3,708 SqFtStyleMulti-Family Res (5+ Units)Year Built1927CountyCOOKAPN13-11-309-032

    Schools near 5010 North Ridgeway Avenue

    This home is within Chicago Public Schools.
    Rating
    School
    Type
    Grades
    Distance
    Public - PK to 8
    Public - 9 to 12
    Charter - 6 to 8
    Public - PK to 8
    Rating
    School
    Distance
    Volta Elementary School
    PublicPK to 8

    Roosevelt High School
    Public9 to 12

    ASPIRA Charter - Haugan Campus
    Charter6 to 8

    North River Elementary School
    PublicPK to 8

    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 Donahue Commercial 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 05/05/2021 07:30 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.