Sold
Last Sold Price
19 beds
7547 N Ridge Blvd, Chicago, IL 60645
Multi FamilyProperty Type
0.17 acresLot Size
1907Year Built
8 carsParking Spaces

Description

This Rooming House property with 19 legal non-confirming rooms is an attractive, value-add opportunity for both investors and non-profits. Its close proximity to Loyola University Chicago and Northwestern makes it a viable student housing asset. And, walking distance to public transportation also provides the opportunity to continue operating this asset as an affordable housing option. The property includes generous gathering space with multiple living rooms, large dining room, kitchens on both the...This Rooming House property with 19 legal non-confirming rooms is an attractive, value-add opportunity for both investors and non-profits. Its close proximity to Loyola University Chicago and Northwestern makes it a viable student housing asset. And, walking distance to public transportation also provides the opportunity to continue operating this asset as an affordable housing option. The property includes generous gathering space with multiple living rooms, large dining room, kitchens on both the first and second floors, a laundry room with hook ups, storage closets, and office space. Security system includes multiple cameras with monitoring on computer and phone. In addition, are heat and smoke/carbon monoxide detectors in each room and button release fire egress grates on basement windows.
  • Listed by: Michael 773.931.6847 michael.thanasouras@svn.com • Sperry Van Ness
Listing closed: 12/29/2017 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 09709287

Recent comparable sales

Median sold price

$800,000

Avg days on market

70

Sale-to-list ratio

94.9%

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
front view of a building
1/72
2

$1,525,000

Sold 11/26/25

20
Bedrooms
Unavailable
Square Feet
0.15
Acres
a front view of a house with a yard
1/13
3

$710,000

Sold 11/20/24

6
Bedrooms
Unavailable
Square Feet
0.09
Acres
a view of cars parked in front of a building
1/16
4

$3,600,000

Sold 04/15/25

18
Bedrooms
Unavailable
Square Feet
0.14
Acres
a front view of a house with a yard and an tree
1/13
5

$800,000

Sold 10/31/25

10
Bedrooms
Unavailable
Square Feet
0.14
Acres
a front view of a house with a garden
1/14
6

$360,000

Sold 10/17/25

19
Bedrooms
Unavailable
Square Feet
0.12
Acres
a front view of a house
1/39
7

$3,695,000

Sold 02/28/25

19
Bedrooms
Unavailable
Square Feet
0.07
Acres
a building view
1/40
8

$1,000,000

Sold 10/02/24

18
Bedrooms
Unavailable
Square Feet
0.07
Acres
$550,000 | 7122 South Normal Boulevard, Chicago, IL 60621
1/21
9

$550,000

Sold 10/11/24

18
Bedrooms
Unavailable
Square Feet
0.14
Acres

Location

Listing Courtesy of Sperry Van Ness
Add your commute

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$3,581 per month

30 year fixed, 6.71% Interest

Principal and Interest

$3,101

Property Taxes

$481

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 7547 North Ridge Boulevard

Property Details
  • Taxes: $5,766 / year
  • MLS Type: Multi Family 5+ / Rooming House/Sro
  • County: Cook County
  • Area: CHI - Rogers Park
  • Township: ROGERS PARK
  • Num of Interior Fireplaces: 2
  • Zoning: MULTI
Building Information
  • Stories: 2
  • Residences: 19
  • Year Built: 1907
  • Lot Size: 0.17 AC / 7,465 SF
General Information
Addtl Parking Information
  • Indoor Parking: 1-5 Spaces
  • Outdoor Parking: 6-12 Spaces
Location and General Information
  • Information: 48-Hr Notice Required,Other-See Remarks
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Heat/Ventilation: Radiators
  • # Of Window/Ac: 16
  • # Of Refrigerators: 2
  • Num of Baths: 95.0
Property/Lot Information
  • Tenant Pays: None
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Rooming House/SRO
  • Lot Dimensions: 7465
  • Lot Size Square Feet: 7465.0
  • Stories: 2
  • Fire Protection: Alarm On Site,Smoke or Fire Protectors
  • Building Area Total: 6687
Property and Assessments
  • Photos Count: 9
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 19
Income & Expenses
  • Electric Expense: $5,725.00
  • Fuel Expense: $4,060.00
  • Gross Income: $10,656.00
  • Gross Scheduled Income: $106,560.00
  • Insurance Expense: $1,875.00
  • Maintenance Expense: $4,371.00
  • Janitor Expense: 4371
  • Total Monthly Income: 6655
  • Net Operating Income: $61,400.00
  • Operating Expense: $34,740.00
  • Other Expense: $6,564.00
  • Trash Expense: $1,003.00
  • Water Sewer Expense: $1,003.00
Unit 1
  • Unit Type Baths Total: 5
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 19
Unit 2
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 0
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 7547 North Ridge Boulevard

DateEvent & SourcePriceAppreciation
Dec 29, 2017

Sold

MRED #09709287

$600,000
Sep 12, 2017

Pending

MRED #09709287

Aug 2, 2017

Listed (Active)

MRED #09709287

$650,000
DateEvent & SourcePrice
12/29/2017

Sold

MRED #09709287

$600,000
09/12/2017

Pending

MRED #09709287

08/02/2017

Listed (Active)

MRED #09709287

$650,000

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

Public Records for 7547 North Ridge Boulevard

Taxable ValueLand$20,529Additions$26,111Total$46,640
Tax Record2023$8,974 ($748 / month)
Home Facts
Stories2Lot Size7,465 SqFtStyleMulti-Family Res (5+ Units)Year Built1907CountyCOOKAPN11-30-308-002

Schools near 7547 North Ridge Boulevard

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

Sullivan High School
Public9 to 12

Chicago Math & Sci Elementary Charter
Charter6 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

Similar Homes

New listings in 60645

$287,000 | 6833 North Kedzie Avenue, Unit 801, Chicago, IL 60645
1/28
New

$287,000

3
Bedrooms
1,900
Square Feet
$750,000 | 2637 West Coyle Avenue, Chicago, IL 60645
1/35
New

$750,000

4
Bedrooms
Unavailable
Square Feet
0.10
Acres
$345,000 | 2049 West Morse Avenue, Unit 4W, Chicago, IL 60645
1/27

$345,000

2
Bedrooms
1,300
Square Feet
$1,250,000 | 6431 North California Avenue, Chicago, IL 60645
1/41

$1,250,000

8
Bedrooms
Unavailable
Square Feet
0.14
Acres
$1,250,000 | 6431 North California Avenue, Chicago, IL 60645
1/41

$1,250,000

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.14
Acres
$340,000 | 2651 West Greenleaf Avenue, Unit 3W, Chicago, IL 60645
1/29

$340,000

3
Bedrooms
1,535
Square Feet
$425,000 | 2530 West Pratt Boulevard, Chicago, IL 60645
1/11

$425,000

2
Bedrooms
1,024
Square Feet
0.09
Acres
$260,000 | 6421 North Damen Avenue, Unit 2W, Chicago, IL 60645
1/24
ContingentVirtual Tour

$260,000

2
Bedrooms
1,100
Square Feet
$499,000 | 2820 West Fargo Avenue, Chicago, IL 60645
1/9
Listed By CompassContingent ( Private )

$499,000

3
Bedrooms
2,376
Square Feet
0.09
Acres

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 Sperry Van Ness

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 04:50 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.