NOT LISTED FOR SALE

1056 N Ridgeway Ave Chicago, IL 60651

Humboldt Park Neighborhood
6 Beds
2 Baths
-- Sq Ft
1914 Built

Sale Details

Date Sold: July 28, 2014

Last sale price $118,000

15 Days on Market

About This Home

As of July 2014

Fully rented, well maintained 2-flat in Humboldt Park. Spacious Three bedrooms + Office with sun room, back yard, corner lot and room to build a garage. Tenants pay all utilities... just sit back and collect rents! 48 hour notice to show.

Last Agent to Sell the Property

Don Felton

Chicago's Real Estate Agency License #471005306 Listed on: 06/30/2014

Last Buyer's Agent

Lucia Torres

@HOME REAL ESTATE BROKERS LLC License #471021480

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,261

Year Built

  • Built in 1914

Home Design

  • Brick Exterior Construction
  • Tar and Gravel Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 2 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Lot Details

  • Lot Dimensions are 27 x 127
  • Paved or Partially Paved Lot

Schools

  • Cameron Elementary School
  • Orr Community Academy High Schoo

Additional Features

  • Enclosed Patio or Porch
  • Heating System Uses Natural Gas

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $18,300
  • Net Operating Income $9,708

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,261

Year Built

Built in 1914

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1914
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Train
  • Rehab (Y/N): Yes
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 6
  • Room Type: Enclosed Porch
  • Basement Description: Finished,Exterior Access
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Roof: Tar and Gravel
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Other
  • Heating: Natural Gas
  • Water Source: Other

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Fee Information

  • Other Expenses $: 6761

Schools

  • Elementary School: CAMERON ELEMENTARY SCHOOL
  • High School: ORR COMMUNITY ACADEMY HIGH SCHOO
  • Middle/Junior School: CAMERON ELEMENTARY SCHOOL

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 27 X 127
  • Zoning: OTHER
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 9708
  • GrossIncome: 18300
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 3261.26
  • Tax Year: 2012
  • Tax Exemptions: None
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2014 07/28/14 Sold $118,000 -0.8% --
07/15/2014 07/15/14 Pending -- -- --
06/30/2014 06/30/14 For Sale $119,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,206 $29,000 $5,781 $23,219
2024 $3,206 $29,000 $5,781 $23,219
2023 $3,821 $18,465 $4,688 $13,777
2022 $3,821 $22,001 $4,688 $17,313
2021 $3,754 $21,999 $4,687 $17,312
2020 $2,587 $14,716 $3,671 $11,045
2019 $2,709 $16,915 $3,671 $13,244
2018 $2,663 $16,915 $3,671 $13,244
2017 $3,664 $20,397 $3,281 $17,116
2016 $3,585 $20,397 $3,281 $17,116
2015 $3,738 $20,397 $3,281 $17,116
2014 $2,991 $16,120 $3,125 $12,995
2013 $2,932 $16,120 $3,125 $12,995
Source: Public Records

Agents Affiliated with this Home

  • Don Felton

    Seller's Agent in 2014

    Don Felton

    Chicago's Real Estate Agency

    (224) 616-2732

    5 in this area

    59 Total Sales

    Don Felton
    Section Image

  • L

    Buyer's Agent in 2014

    Lucia Torres

    @HOME REAL ESTATE BROKERS LLC

    16 Total Sales

    Lucia Torres
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08659652

Midwest Real Estate Data (MRED)
Illinois Cook County Chicago 60651 Humboldt Park

1056 N Ridgeway Ave, Chicago, IL

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. 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. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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