NOT LISTED FOR SALE

2844 N Ridgeway Ave Chicago, IL 60618

Avondale Neighborhood
4 Beds
2 Baths
2,628 Sq Ft
-- Built

Sale Details

Date Sold: April 12, 2022

Last sale price $703,751 $268 Per Sq Ft

5 Days on Market

Highlights

  • Gated Community
  • Lower Floor Utility Room
  • European Shower
  • Screened Porch
  • 2 Car Detached Garage
  • Two Heating Systems

About This Home

As of April 2022

Incredible investment opportunity in the Avondale neighborhood with a 7% cap rate. This charming 2 unit building with non-conforming garden unit is the perfect low-maintenance property having recently undergone extensive renovations. Each unit features 2 bedrooms, 1 bath with updated white kitchens, stainless steel appliances and granite countertops. Second floor unit has private washer / dryer while unit 1 and garden share laundry in the pristine lower level common area. Enclosed lot with fresh landscaping, beautiful backyard and 2 car detached garage. Steps away from public transportation, restaurants and shopping. You don't want to miss this!

Last Agent to Sell the Property

Ivan Madera

Jameson Sotheby's Intl Realty License #475173530 Listed on: 03/08/2022

Jameson Sotheby's Intl Realty

Co-Listed By

Stephanie Juckem

Jameson Sotheby's Intl Realty License #475183169

Last Buyer's Agent

Zachary Koran

Baird & Warner License #475158918

Baird & Warner
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,997

Year Renovated

  • 2019

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Flat Roof Shape
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Screened Porch
  • Lower Floor Utility Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms
  • European Shower
  • Separate Shower

Finished Basement

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

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Outdoor Features

  • Tideland Water Rights
  • Breezeway

Lot Details

  • Lot Dimensions are 25x125
  • Paved or Partially Paved Lot

Utilities

  • Two Heating Systems
  • Radiator
  • Individual Controls for Heating
  • Lake Michigan Water

Community Details

Overview

  • 2 Units
  • Avondale Estates Subdivision, 3 Story Building Floorplan

Building Details

  • Electric Expense $4,428
  • Insurance Expense $1,656
  • Water Sewer Expense $1,128
  • Gross Income $65,364
  • Net Operating Income $48,732

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,997

Year Renovated

2019

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Subdivision Name: Avondale Estates
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2019
  • New Construction Y/N: No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2019

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Other Equipment: CO Detectors, Ceiling Fan(s)
  • Room Type: Enclosed Porch, Screened Porch, Utility Room-Lower Level
  • Basement Description: Finished,Exterior Access
  • Bathroom Amenities: Separate Shower,European Shower
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Central Air Conditioner,Garage/Space,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Garage/Space,Hardwood Floors

Exterior Features

  • ExteriorFeatures: Storms/Screens, Breezeway
  • Foundation Details: Concrete Perimeter
  • Roof: Rubber, Flat
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Radiator(s), Sep Heating Systems - 2+, Indv Controls
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Water Rights, Curbs, Gated, Sidewalks, Street Lights, Street Paved

Fee Information

  • Water Sewer Expenses: 1128
  • Other Expenses $: 2424

Lot Info

  • Lot Dimensions: 25X125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 48732
  • Insurance Expense: 1656
  • ElectricExpense: 4428
  • GrossIncome: 65364
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 6997.46
  • Tax Year: 2020
  • Tax Exemptions: None

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Avondale, IL

  • Jeanne Keating Real Estate Agent - Compass

    Jeanne Keating

    Compass

    (855) 211-8768

    133 Total Sales

    2 in Avondale

    $152K - $293K Price Range

    Jeanne Keating
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  • Kenneth Sabino Real Estate Agent - Baird & Warner

    Kenneth Sabino

    Baird & Warner

    (773) 906-4690

    47 Total Sales

    1 in Avondale

    $655,000 Price

    Kenneth Sabino
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  • Lisa Howe Real Estate Agent - Re/Max Advantage

    Lisa Howe

    Re/Max Advantage

    (262) 698-3255

    210 Total Sales

    1 in Avondale

    $505,000 Price

    Lisa Howe
     Section Image
  • Atur Bitivan Real Estate Agent - Sky High Real Estate Inc.

    Atur Bitivan

    Sky High Real Estate Inc.

    (877) 641-2409

    49 Total Sales

    1 in Avondale

    $830,500 Price

    Atur Bitivan
     Section Image
  • Omar Sanchez Real Estate Agent - Habloft LLC

    Omar Sanchez

    Habloft LLC

    (866) 758-0745

    54 Total Sales

    1 in Avondale

    $558,000 Price

    Omar Sanchez
     Section Image
  • Erik Schwab Real Estate Agent - Corcoran Urban Real Estate

    Erik Schwab

    Corcoran Urban Real Estate

    (312) 957-7984

    83 Total Sales

    1 in Avondale

    $632,500 Price

    Erik Schwab
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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 Prior Sale
04/12/2022 04/12/22 Sold $703,751 +2.7% $268 / Sq Ft
03/14/2022 03/14/22 Pending -- -- --
03/08/2022 03/08/22 For Sale $685,000 +19.1% $261 / Sq Ft
12/27/2019 12/27/19 Sold $575,000 -5.4% $219 / Sq Ft View Prior Sale
11/18/2019 11/18/19 Pending -- -- --
11/15/2019 11/15/19 For Sale $607,800 0.0% $231 / Sq Ft
11/07/2019 11/07/19 Pending -- -- --
11/05/2019 11/05/19 Price Changed $607,800 -1.9% $231 / Sq Ft
10/23/2019 10/23/19 For Sale $619,700 -- $236 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Agents Affiliated with this Home

  • I

    Seller's Agent in 2022

    Ivan Madera

    Jameson Sotheby's Intl Realty

    1 in this area

    22 Total Sales

    Ivan Madera
    Section Image
  • Stephanie Juckem Real Estate Agent - Jameson Sotheby's Intl Realty

    Seller Co-Listing Agent in 2022

    Stephanie Juckem

    Jameson Sotheby's Intl Realty

    (312) 837-1111

    1 in this area

    57 Total Sales

    Stephanie Juckem
    Section Image
  • Zachary Koran Real Estate Agent - Baird & Warner

    Buyer's Agent in 2022

    Zachary Koran

    Baird & Warner

    (312) 662-9977

    5 in this area

    136 Total Sales

    Zachary Koran
    Section Image

  • A

    Seller's Agent in 2019

    Adam Matuszek

    PROSALES REALTY

    (847) 791-9033

    1 in this area

    82 Total Sales

    Adam Matuszek
    Section Image
  • Kelly Angelopoulos Real Estate Agent - Jameson Sotheby's Intl Realty

    Buyer's Agent in 2019

    Kelly Angelopoulos

    Jameson Sotheby's Intl Realty

    (312) 636-5652

    5 in this area

    108 Total Sales

    Kelly Angelopoulos
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11341693

Midwest Real Estate Data (MRED)

APN: 13261270330000

Illinois Cook County Chicago 60618 Avondale

2844 N Ridgeway Ave, Chicago, IL

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) 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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