Sold
Last Sold Price
18 beds
614 N Ridgeway Ave, Chicago, IL 60624
Multi FamilyProperty Type
5,856 sq ftLot Size
1929Year Built

Description

Jumbo 6-Flat with a 7th unit In-law Garden Studio. All units individually metered for HVAC and Electric. Original huge 2 bed layouts are easily upgraded to 3 beds. All tenants on MtM leases. Solid bones with some improvements to exterior and common areas completed, garden studio is rehabbed and move-in ready. Unit interiors need work to maximize rents. Basement has laundry hookups and parking pad for up to 6 cars for additional income. Two vacant units. Easy to show, Bring all offers.Jumbo 6-Flat with a 7th unit In-law Garden Studio. All units individually metered for HVAC and Electric. Original huge 2 bed layouts are easily upgraded to 3 beds. All tenants on MtM leases. Solid bones with some improvements to exterior and common areas completed, garden studio is rehabbed and move-in ready. Unit interiors need work to maximize rents. Basement has laundry hookups and parking pad for up to 6 cars for additional income. Two vacant units. Easy to show, Bring all offers.

    Sold By Vorobey Properties, Inc.

    • Listed by: Juan Uribe 773.416.2804 uribehomes@gmail.com • Vorobey Properties, Inc.
    • Listed by: Igor Vorobeychik 847.373.0349 igor@luporealestate.com • Vorobey Properties, Inc.
    Listing closed: 07/15/2025 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 12338113

    Recent comparable sales

    Median sold price

    $660,000

    Avg days on market

    42

    Sale-to-list ratio

    96.6%

    Chicago, IL

    9 comparable properties found

    a front view of a building
    1/2
    1

    $550,000

    Sold 02/18/25

    19
    Bedrooms
    Unavailable
    Square Feet
    0.14
    Acres
    $635,000 | 1438 South St Louis Avenue, Chicago, IL 60623
    1/8
    2

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    Sold 10/02/24

    17
    Bedrooms
    Unavailable
    Square Feet
    0.07
    Acres
    a front view of a residential apartment building with a yard
    1/10
    3

    $795,000

    Sold 01/02/26

    17
    Bedrooms
    Unavailable
    Square Feet
    0.09
    Acres
    a view of a brick building next to a yard
    1/14
    4

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    Sold 11/27/24

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    Unavailable
    Square Feet
    0.09
    Acres
    $735,000 | 3920 West Grand Avenue, Chicago, IL 60651
    1/48
    5

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    Sold 09/30/24

    13
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    Unavailable
    Square Feet
    0.13
    Acres
    front view of a brick house
    1/8
    6

    $660,000

    Sold 08/25/25

    18
    Bedrooms
    Unavailable
    Square Feet
    0.17
    Acres
    $288,000 | 1319 South Harding Avenue, Chicago, IL 60623
    1/13
    7

    $288,000

    Sold 10/07/24

    18
    Bedrooms
    Unavailable
    Square Feet
    0.09
    Acres
    $700,000 | 1406 South Hamlin Avenue, Chicago, IL 60623
    1/2
    8

    $700,000

    Sold 04/02/25

    18
    Bedrooms
    Unavailable
    Square Feet
    0.09
    Acres
    a front view of a building with a yard
    1/9
    9

    $700,000

    Sold 06/17/25

    22
    Bedrooms
    Unavailable
    Square Feet
    0.14
    Acres

    Location

    Add your commute

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    $4,337 per month

    30 year fixed, 6.71% Interest

    Principal and Interest

    $3,617

    Property Taxes

    $719

    HOA Dues

    $0

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    Property Information for 614 North Ridgeway Avenue

    Property Details
    • Taxes: $8,633 / year
    • MLS Type: Multi Family 5+ / Corridor-Interior Entrance
    • County: Cook County
    • Area: CHI - Humboldt Park
    • Township: West Chicago
    • Zoning: MULTI
    Building Information
    • Stories: 3
    • Residences: 7
    • Year Built: 1929
    • Lot Size: 0.13 AC / 5,856 SF
    General Information
    Addtl Parking Information
    • Outdoor Parking: 1-5 Spaces
    Location and General Information
    • Frontage Type: City Street
    • Information: None
    Taxes and HOA Information
    • Additional Parcels: No
    Property Information
    Interior Features
    • Basement Type: Finished, Exterior Entry
    • Electric: Circuit Breakers
    • # Of Washers: 0
    • Heat/Ventilation: Forced Air,Gas
    • # Of Refrigerators: 7
    • # Of Dryers: 0
    • # Of Dishwashers: 0
    • Num of Baths: 7.0
    Property/Lot Information
    • Built Before 1978: Yes
    • Approximate Age: Older
    • Multi-Family Type: Corridor-Interior Entrance
    • Lot Size Source: Survey
    • Lot Dimensions: 48X122
    • Lot Size Square Feet: 5856.0
    • Stories: 3
    • Exterior Building Type: Brick
    • Construction: Brick
    • Roof Type: Membrane
    • Roof Structure: Flat
    • Foundation Details: Concrete Perimeter
    • Building Area Total: 7500
    • # Of Ranges: 7
    • Conversion: N
    • MRD_UNC: No
    Property and Assessments
    • Public Document Count: 2
    • Document Date: 2025-04-15T18:46:29
    • Photos Count: 29
    • Deconversion: N
    Miscellaneous
    • Current Use: Multi-Family
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No
    Multi Family
    Multi-Family Information
    • Number Of Units Total: 7
    Income & Expenses
    • Electric Expense: $303.00
    • Fuel Expense: $.00
    • Gross Income: $81,180.00
    • Gross Scheduled Income: $81,180.00
    • Insurance Expense: $2,685.00
    • Maintenance Expense: $1,000.00
    • Electric Expense Source: Actual
    • Expense Year: 2024
    • Total Annual Expense Source: Actual
    • Fuel Expense Source: Actual
    • Insurance Expense Source: Actual
    • Janitor Expense: 0
    • Repairs-Decor Expense Source: Actual
    • Trash Expense Source: Actual
    • Total Monthly Income: 6765
    • Water Expense Source: Actual
    • Net Operating Income: $63,936.00
    • Operating Expense: $17,244.00
    • Other Expense: $.00
    • Trash Expense: $1,273.00
    • Water Sewer Expense: $3,350.00
    Unit 1
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 3
    • Unit Type Type: Unit 1
    • Unit Type Units Total: 6
    Unit 2
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 2
    • Unit Type Units Total: 1
    Unit 3
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 3
    • Unit Type Units Total: 0
    Unit 4
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 4
    • Unit Type Units Total: 0
    Unit 5
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 5
    • Unit Type Units Total: 0
    Unit 6
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 6
    • Unit Type Units Total: 0
    Unit 7
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 7
    • Unit Type Units Total: 0

    Property History for 614 North Ridgeway Avenue

    DateEvent & SourcePriceAppreciation
    Jul 15, 2025

    Sold (Public Record)

    Public Record #1907176244

    $700,000
    Jul 15, 2025

    Sold

    MRED #12338113

    $700,000
    May 15, 2025

    Pending

    MRED #12338113

    DateEvent & SourcePrice
    07/15/2025

    Sold (Public Record)

    Public Record #1907176244

    $700,000
    07/15/2025

    Sold

    MRED #12338113

    $700,000
    05/15/2025

    Pending

    MRED #12338113

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

    Public Records for 614 North Ridgeway Avenue

    Taxable ValueLand$8,491Additions$38,509Total$47,000
    Tax Record2023$8,633 ($719 / month)
    Home Facts
    Baths6Total Finished SqFt6,066 SqFtAbove Grade Finished SqFt6,066 SqFtStories3Lot Size5,856 SqFtStyleMulti-Family Res (5+ Units)Year Built1929CountyCOOKAPN16-11-114-037

    Schools near 614 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 - K to 8
    Rating
    School
    Distance
    Ward L Elementary School
    PublicPK to 8

    Orr Academy High School
    Public9 to 12

    KIPP One Academy
    CharterK 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.

    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.

    Listing Courtesy of Vorobey Properties, Inc.

    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 07/16/2025 12:57 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.