1916 N Ridgeway Ave Chicago, IL 60647
Logan Square NeighborhoodEstimated payment $6,883/month
Highlights
- Greystone Architecture
- 2 Car Detached Garage
- Senior Tax Exemptions
- Corner Lot
- Soaking Tub
- 4-minute walk to Ridgeway Trailhead
About This Home
Gorgeous legal 3-unit Greystone in Logan Square right at the 606 Trail entrance! Old classic charm with a modern 2022 full gut renovation. 1916 N. Ridgeway sits on an oversized 33 x 125 corner lot with an extra wide floor plan. All apartments are 3 bed/2 bath units featuring massive square foot layouts, separate dining areas, large bedrooms, with deep closets and great natural light. All units feature designer inspired stylish kitchens, stainless steel appliances, quartz countertops, luxury styled bathrooms, laundry in-unit, and a new exterior porch with large balconies offering residents a nice outdoor space. Brand new: plumbing, electrical, HVAC systems, water heaters, windows, steel front porch system, concrete landing, hardwood floors (top two floors); luxury vinyl plank floor (garden unit) and 2 car garage. Ring cameras and mature landscaping. All units are separately metered allowing for minimal owner expenses and LOW TAXES. Aside from the property being astounding, the neighborhood has everything one would desire. You are a 1 block walk to the 606 trail access point and YMCA, all the nightlife and dining Logan Square has to offer, a 3 minute walk to the #73 Armitage Bus and a short commute to Downtown. This property has minimal maintenance and is turnkey.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,963
Year Built
- Built in 1900
Lot Details
- 3,920 Sq Ft Lot
- Lot Dimensions are 35 x 125
- Corner Lot
Parking
- 2 Car Detached Garage
- Parking Available
- Garage Door Opener
Home Design
- Greystone Architecture
- Brick Exterior Construction
- Brick Foundation
- Rubber Roof
Bedrooms and Bathrooms
- 9 Bedrooms
- 9 Potential Bedrooms
- 6 Bathrooms
- Soaking Tub
Utilities
- Heating System Uses Natural Gas
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
- Senior Freeze Tax Exemptions
Community Details
Overview
- 3 Units
Building Details
- Electric Expense $300
- Insurance Expense $3,390
- Maintenance Expense $2,295
- Professional Management Expense $2,100
- Water Sewer Expense $1,681
- Gross Income $85,298
- Net Operating Income $66,363
Map
Home Values in the Area
Average Home Value in this Area
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 | $8,088 | $49,424 | $15,385 | $34,039 |
| 2024 | $8,088 | $49,424 | $15,385 | $34,039 |
| 2023 | $7,884 | $38,199 | $12,474 | $25,725 |
| 2022 | $7,884 | $38,199 | $12,474 | $25,725 |
| 2021 | $972 | $38,199 | $12,474 | $25,725 |
| 2020 | $1,004 | $36,925 | $6,029 | $30,896 |
| 2019 | $1,001 | $42,443 | $6,029 | $36,414 |
| 2018 | $982 | $42,443 | $6,029 | $36,414 |
| 2017 | $1,051 | $29,753 | $5,405 | $24,348 |
| 2016 | $1,463 | $29,753 | $5,405 | $24,348 |
| 2015 | $1,406 | $29,753 | $5,405 | $24,348 |
| 2014 | $1,394 | $25,455 | $4,989 | $20,466 |
| 2013 | $1,399 | $25,455 | $4,989 | $20,466 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/24/2026 02/24/26 | For Sale | $1,175,000 | +34.3% | -- | |
| 07/28/2022 07/28/22 | Sold | $875,000 | -5.4% | $282 / Sq Ft | View Prior Sale |
| 05/27/2022 05/27/22 | Pending | -- | -- | -- | |
| 05/05/2022 05/05/22 | For Sale | $924,999 | +198.4% | $298 / Sq Ft | |
| 08/19/2021 08/19/21 | Sold | $310,000 | 0.0% | $100 / Sq Ft | View Prior Sale |
| 06/24/2021 06/24/21 | Off Market | $310,000 | -- | -- | |
| 06/23/2021 06/23/21 | For Sale | $300,000 | -- | $97 / Sq Ft | |
| 06/23/2021 06/23/21 | Pending | -- | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12576014
APN: 13353030320000
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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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Ask me questions while you tour the home.