NOT LISTED FOR SALE

4932 N Ridgeway Ave Chicago, IL 60625

Albany Park Neighborhood
9 Beds
7 Baths
-- Sq Ft
-- Built

Sale Details

Date Sold: September 10, 2020

Last sale price $785,000

7 Days on Market

Highlights

  • Gated Community
  • Sun or Florida Room
  • 3 Car Detached Garage
  • Deck
  • Sitting Room
  • 4-minute walk to Eugene Field Park

About This Home

As of September 2020

MATTERPORT/3D VIRTUAL TOUR LINK AVAILABLE! EXTREMELY RARE OPPORTUNITY TO OWN THIS EXTRA WIDE ALL BRICK MULTIFAMILY TROPHY BUILDING SITTING ON AN OVERSIZED 37.5' WIDE LOT ON A QUIET TREE LINED ONE-WAY STREET NEAR PARKS, RETAIL, RESTAURANTS, NORTH PARK, BROWN LINE AND MORE FEATURING 3 ENORMOUS 2,000 SQFT 3 BED / 2 BATH UNITS W/24' WIDE LIVING AREA, SEP DINING ROOM, SUNROOM, OFFICE, SITTING ROOM & DECK PLUS UNPARALLELED VALUE ADD POTENTIAL W/VANILLA BOXED BARELY BELOW GRADE GARDEN UNIT WITH 10' CEILINGS & NEW WINDOWS PREPPED FOR A LARGE 2 BEDROOM ADDT'L INCOME GENERATOR; ELEVATED FIRST FLOOR UNIT IMPECCABLY RENOVATED TO CONDO QUALITY W/RESTORED/PRESERVED CHARACTER FOR THE PERFECT OWNER'S UNIT W/NEW/REFINISHED HARDWOOD T/O, UPDATED OAK/GRANITE KITCHEN W/NEW S/S APPLIANCES/BACKSPLASH/FLOORING, NEW BATHS, WALK-IN CLOSET, NEW CENTRAL HEAT/AIR & PRIVATE IN-UNIT LAUNDRY; SECOND/THIRD FLOOR UNITS NEVER VACANT W/ROOM TO ADD VALUE & INCREASE RENTS; COMPREHENSIVE EXTERIOR/COMMON AREA IMPROVEMENTS METICULOUSLY PERFORMED TO RESTORE AND FORTIFY FOR THE LONG TERM INCLUDING NEW/NEWER WINDOWS, MASONRY, PAVERS, SIDEWALKS, DRAINAGE, FIXTURES, LIGHTING, SAFETY FEATURES & RESTORATION OF LIMESTONE/WOODWORK/TILING; NEW COMMON LAUNDRY ROOM, BIKE STORAGE ROOM, PRIVATE STORAGE FOR EACH UNIT & 3-CAR BRICK GARAGE!

Last Agent to Sell the Property

Mario Greco

Compass License #475105845 Listed on: 06/15/2020

Compass

Co-Listed By

Cyrus Seraj

Compass License #471003244

Last Buyer's Agent

Rebecca Lundstrom

Vestian Global Workplace Services, LLC License #475153823

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,062

Year Renovated

  • 2019

Parking

  • 3 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Entrance Foyer
  • Sitting Room
  • Sun or Florida Room

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 7 Bathrooms
  • Soaking Tub
  • Separate Shower

Partially Finished Basement

  • English Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Rough-In Basement Bathroom
  • Basement Window Egress

Home Security

  • Intercom
  • Storm Screens

Outdoor Features

  • Deck

Lot Details

  • Lot Dimensions are 37.5x125
  • Paved or Partially Paved Lot

Schools

  • Volta Elementary School
  • Roosevelt High School

Utilities

  • Two Heating Systems
  • Forced Air Heating System
  • Radiator
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Lake Michigan Water
  • Cable TV Available

Community Details

Building Details

  • Electric Expense $300
  • Fuel Expense $4,300
  • Insurance Expense $2,400
  • Professional Management Expense $2,100
  • Water Sewer Expense $1,650
  • Gross Income $74,400
  • Net Operating Income $52,560

Additional Features

  • 3 Units
  • Common Area
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,062

Year Renovated

2019

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Professional Management Expense: 2100
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2019
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2019

Interior Features

  • Basement: Full, English
  • Total Bathrooms: 7
  • Total Bedrooms: 9
  • Other Equipment: Intercom
  • Room Type: Foyer, Sitting Room, Sun Room
  • Basement Description: Partially Finished,Exterior Access,Bathroom Rough-In,Egress Window
  • Bathroom Amenities: Separate Shower,Soaking Tub
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Disposal,Central Air Conditioner,Fireplace-Gas,Garage/Space,Laundry Hook-Up,Hardwood Floors,Walk-In Closet
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Fireplace-Gas,Garage/Space,Range Hood
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Fireplace-Gas,Range Hood,Hardwood Floors

Exterior Features

  • ExteriorFeatures: Deck, Storms/Screens, Cable Access
  • Foundation Details: Concrete Perimeter
  • Lot Features: Common Grounds
  • Roof: Rubber, Flat
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

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

Fee Information

  • Water Sewer Expenses: 1650

Schools

  • Elementary School: Volta Elementary School
  • High School: Roosevelt High School
  • Middle/Junior School: Volta Elementary School

Lot Info

  • Lot Dimensions: 37.5X125
  • Zoning: MULTI
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: N

Rental Info

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

Multi Family

  • Net Operating Income: 52560
  • Fuel Expense: 4300
  • Insurance Expense: 2400
  • ElectricExpense: 300
  • GrossIncome: 74400
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 11062.05
  • Tax Year: 2018
  • Tax Exemptions: None

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
Jun 15, 2020
Closed on
Sep 3, 2020
Sold by
Bought by
Seller's Agent
Mario Greco
Compass
Buyer's Agent
Rebecca Lundstrom
Vestian Global Workplace Services, LLC
List Price
$799,500
Sold Price
$785,000
Premium/Discount to List
-$14,500
-1.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$748,000
Interest Rate
0.027%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 21, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
0.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$478,244
Interest Rate
0.0643%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 15, 2005
Sold by
Bought by
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
$785,000 Fidelity National Title Co
$640,000 Stewart Title
$485,000 Ticor Title Insurance Co
-- --
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
Open $1,106,250
Previous Owner $748,000
Closed $480,000
Closed $478,244
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
09/10/2020 09/10/20 Sold $785,000 -1.8% --
06/22/2020 06/22/20 Pending -- -- --
06/15/2020 06/15/20 For Sale $799,500 0.0% --
02/01/2018 02/01/18 Rented $2,100 +5.0% --
01/23/2018 01/23/18 For Rent $2,000 -- --
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 $12,122 $69,710 $16,405 $53,305
2024 $12,122 $69,710 $16,405 $53,305
2023 $11,817 $57,250 $13,124 $44,126
2022 $11,817 $57,250 $13,124 $44,126
2021 $11,550 $57,249 $13,123 $44,126
2020 $10,856 $48,563 $6,796 $41,767
2019 $11,252 $55,820 $6,796 $49,024
2018 $11,062 $55,820 $6,796 $49,024
2017 $10,381 $48,063 $6,093 $41,970
2016 $9,659 $48,063 $6,093 $41,970
2015 $8,838 $48,063 $6,093 $41,970
2014 $10,364 $55,655 $5,624 $50,031
2013 $10,159 $55,655 $5,624 $50,031
Source: Public Records

Agents Affiliated with this Home

  • Mario Greco

    Seller's Agent in 2020

    Mario Greco

    Compass

    (773) 255-6562

    5 in this area

    936 Total Sales

    Mario Greco
    Section Image
  • Cyrus Seraj

    Seller Co-Listing Agent in 2020

    Cyrus Seraj

    Compass

    (773) 495-3303

    1 in this area

    117 Total Sales

    Cyrus Seraj
    Section Image

  • R

    Buyer's Agent in 2020

    Rebecca Lundstrom

    Vestian Global Workplace Services, LLC

    Section Image
  • Kaveh Jafarabadi

    Seller's Agent in 2018

    Kaveh Jafarabadi

    Broker Hill LLC

    (312) 613-8326

    5 Total Sales

    Kaveh Jafarabadi
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10747157

Midwest Real Estate Data (MRED)
Illinois Cook County Chicago 60625 Albany Park

4932 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

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.