NOT LISTED FOR SALE

1850 S Ridgeway Ave Chicago, IL 60623

North Lawndale Neighborhood
8 Beds
3 Baths
-- Sq Ft
2,614 Sq Ft Lot

Last Sold March 11, 2016

Last sale price $52,500

553 Days on Market

About This Home

As of March 2016

2-unit brick apartment building w/full basement. 2nd floor apt: 4 bed/1 bath rented for $700/mo. 1st floor apt: vacant 3 bed/1 bath (needs cosmetic work, painting, etc; perfect for live-in owner/occupant.) Partially finished basement (not legal): small 1 bed/1 bath unit rented for $325/mo. Rear gated patio area could be converted to exterior parking. Tenants pay all own utilities & bring appliances. New roof in 2012. Needs work, handyman special! As-is.

Last Agent to Sell the Property

Andrea Miller

Miller Chicago LLC License #471016960 Listed on: 06/03/2014

Last Buyer's Agent

Andrea Miller

Miller Chicago LLC License #471016960 Listed on: 06/03/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1909

Lot Details

  • 2,614

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 3 Bathrooms

Schools

  • Academy Of Comm & Tech Charter H Middle School

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • 2,614 Sq Ft Lot

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $18,900
  • Net Operating Income $3,237

Property Details

Home Type

Multi-Family

Year Built

Built in 1909

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1909
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 8
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Fee Information

  • Other Expenses $: 9063

Schools

  • Middle/Junior School: ACADEMY OF COMM & TECH CHARTER H

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: APPROX 2900 SQ FT
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 3237
  • GrossIncome: 18900
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 3397.6
  • Tax Year: 2014
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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
03/11/2016 03/11/16 Sold $52,500 -18.0% --
12/08/2015 12/08/15 Pending -- -- --
10/16/2015 10/16/15 For Sale $64,000 +21.9% --
07/02/2015 07/02/15 Off Market $52,500 -- --
01/22/2015 01/22/15 Price Changed $64,000 -13.5% --
01/02/2015 01/02/15 For Sale $74,000 +41.0% --
11/30/2014 11/30/14 Off Market $52,500 -- --
10/30/2014 10/30/14 Price Changed $74,000 -11.9% --
07/21/2014 07/21/14 Price Changed $84,000 -15.2% --
06/03/2014 06/03/14 For Sale $99,000 -- --
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 $1,905 $21,000 $4,205 $16,795
2024 $1,905 $21,000 $4,205 $16,795
2023 $1,857 $9,001 $3,408 $5,593
2022 $1,857 $9,001 $3,408 $5,593
2021 $1,816 $8,999 $3,407 $5,592
2020 $2,540 $11,363 $3,407 $7,956
2019 $2,633 $13,061 $3,407 $9,654
2018 $2,588 $13,061 $3,407 $9,654
2017 $3,131 $14,493 $3,045 $11,448
2016 $2,903 $14,493 $3,045 $11,448
2015 $3,513 $19,173 $3,045 $16,128
2014 $3,398 $18,312 $2,900 $15,412
2013 $3,330 $18,312 $2,900 $15,412
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2016

    Andrea Miller

    Miller Chicago LLC

    (773) 366-8786

    29 Total Sales

    Andrea Miller
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08633757

Midwest Real Estate Data (MRED)
Illinois Cook County Chicago 60623 North Lawndale

1850 S 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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