Kelly Johnson
@properties Christie's International Real Estate
(202) 875-5198
70 Total Sales
1 in Logan Square
$730,000 Price
2541 N Ridgeway Ave Chicago, IL 60647
Logan Square Neighborhood
10
Beds
4
Baths
6,123
Sq Ft
1925
Built
Highlights
- Deck
- Balcony
- Porch
- Property is near park
- 2 Car Detached Garage
- Soaking Tub
About This Home
As of January 2022This brick 4-flat is an Incredible multi-unit investment opportunity in the heart of Palmer/Logan Square on a quiet tree lined street. 4 legal units with unit 1, 2 and 3 featuring: 3 bedrooms, 1 bathroom, huge living rooms with bay window area, formal dining rooms, large kitchens, rear decks, gas forced air and central air. Garden unit features a nice size living/dining room, generous kitchen, 1 bedroom, 1 bathroom and walk in closet. Numerous updates throughout, all utilities separated which tenants pay except for garden unit, basement area with laundry room and storage, great yard, brick 2 car garage and easy street parking. Top floor unit is currently vacant and ready for a live-in owner or to be rented out. Units leased below market value as they are all long-term tenants but currently on month-to-month leases. Close to everything that Logan Square has to offer including nightlife, shopping, top Chicago neighborhood restaurants, and transportation.
Last Agent to Sell the Property
Jameson Sotheby's Intl Realty License #475125273 Listed on: 12/03/2021
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,901
Year Built
- Built in 1925 | Remodeled in 2018
Parking
- 2 Car Detached Garage
- Garage Door Opener
- Parking Included in Price
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Rubber Roof
- Concrete Perimeter Foundation
Interior Spaces
- Ceiling Fan
- Entrance Foyer
- Storm Screens
Bedrooms and Bathrooms
- 10 Bedrooms
- 10 Potential Bedrooms
- 4 Bathrooms
- Soaking Tub
Finished Basement
- Basement Fills Entire Space Under The House
- Walk-Up Access
- Exterior Basement Entry
- Recreation or Family Area in Basement
Outdoor Features
- Balcony
- Deck
- Patio
- Porch
Lot Details
- Lot Dimensions are 26 x 125
- Paved or Partially Paved Lot
Location
- Property is near park
Schools
- Monroe Elementary School
- Kelvyn Park High School
Utilities
- Humidifier
- Two Heating Systems
- Forced Air Heating System
- Heating System Uses Natural Gas
- Lake Michigan Water
- Cable TV Available
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- 4 Units
Building Details
- Electric Expense $720
- Fuel Expense $780
- Water Sewer Expense $1,200
- Gross Income $61,200
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 3, 2021
Closed on
Jan 16, 2022
Sold by
Flores Ignacio and Flores Gabriela
Bought by
Seller's Agent
Michael Shenfeld
Jameson Sotheby's Intl Realty
Buyer's Agent
Christopher McNulty
Nelly Corp Realty
List Price
$775,000
Sold Price
$800,000
Premium/Discount to List
$25,000
3.23%
Purchase Details
Closed on
Dec 3, 2001
Sold by
Flores Ignacio and Quaid Anna I
Bought by
Flores Ignacio
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
6.92%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 29, 1997
Sold by
Gudino Jose L and Gudino Roman
Bought by
Flores Ignacio and Flores Anna I
Purchase Details
Closed on
Mar 7, 1996
Sold by
Orijel Maria D
Bought by
Guidno Jose L and Gudino Roman
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Logan Square, IL
-
Kelly Johnson
-
Kimberly Brychel
Kimberly Brychel
@properties Christie's International Real Estate
(888) 670-6671
64 Total Sales
5 in Logan Square
$210K - $1.3M Price Range
-
Darren Allen
Darren Allen
Real Broker LLC
(224) 507-1815
294 Total Sales
1 in Logan Square
$389,500 Price
-
Helen Paredes
Helen Paredes
@properties Christies International Real Estate
(877) 801-0624
48 Total Sales
1 in Logan Square
$725,000 Price
-
Rafay Qamar
Rafay Qamar
Real Broker LLC
(833) 359-9113
1,071 Total Sales
9 in Logan Square
$227K - $750K Price Range
-
Martin Medenica
Martin Medenica
Martin Medenica
(312) 262-5566
30 Total Sales
1 in Logan Square
$800,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $800,000 | -- | ||
| Flores Ignacio | -- | 1St American Title | |
| Flores Ignacio | $209,000 | -- | |
| Guidno Jose L | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $232,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/20/2022 01/20/22 | Sold | $800,000 | 0.0% | $131 / Sq Ft |
| 12/07/2021 12/07/21 | Pending | -- | -- | -- |
| 12/07/2021 12/07/21 | Off Market | $800,000 | -- | -- |
| 12/04/2021 12/04/21 | For Sale | $775,000 | -- | $127 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $18,211 | $79,001 | $14,138 | $64,863 |
| 2024 | $18,211 | $79,001 | $14,138 | $64,863 |
| 2023 | $17,044 | $86,000 | $11,375 | $74,625 |
| 2022 | $17,044 | $86,000 | $11,375 | $74,625 |
| 2021 | $16,679 | $86,003 | $11,378 | $74,625 |
| 2020 | $10,901 | $51,861 | $5,200 | $46,661 |
| 2019 | $11,631 | $61,109 | $5,200 | $55,909 |
| 2018 | $11,392 | $61,109 | $5,200 | $55,909 |
| 2017 | $11,127 | $55,064 | $4,550 | $50,514 |
| 2016 | $10,529 | $55,064 | $4,550 | $50,514 |
| 2015 | $9,827 | $56,252 | $4,550 | $51,702 |
| 2014 | $9,115 | $51,696 | $3,900 | $47,796 |
| 2013 | $8,924 | $51,696 | $3,900 | $47,796 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Shenfeld
Seller's Agent in 2022
Michael Shenfeld
Jameson Sotheby's Intl Realty
(312) 399-5848
9 in this area
296 Total Sales
-
Christopher McNulty
Buyer's Agent in 2022
Christopher McNulty
Nelly Corp Realty
(312) 384-9563
4 in this area
45 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11281287
APN: 13263200120000
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.
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.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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