$510,000
SOLD NOV 20, 2024

530 S Ridgeland Ave Oak Park, IL 60304

4 Beds
2 Baths
-- Sq Ft
1916 Built

Recently Sold

5% Below List Price

45 Days on Market

Highlights

  • Property is near a park
  • Tennis Courts
  • Shed
  • Longfellow Elementary School Rated A-
  • 2 Car Detached Garage
  • 2-minute walk to Longfellow Park

About This Home

As of November 2024

The best of 2-flat living! Perfect opportunity to live in one unit and rent out the other, rent out both, or enjoy 2 separate living spaces within one building. Situated in the Gunderson District amidst a charming row of brick buildings, this classic 2-flat offers a top floor unit flooded with natural light and a front sunroom with views of Ridgeland Avenue's lush trees. Both units have the same large layout of apprx 1200 sf, the only difference is the top floor unit has a kitchen pantry. Hardwood floors, original woodwork, steel I-beam basement support, and stained glass details in the dining and living rooms. Full unfinished basement has tall ceilings, currently used for storage and laundry but could be fixed up for additional living space. Both units have had long-term tenants for many years. Brick 2-car garage and one exterior parking space. Rear enclosed sunrooms with French doors are included in both units. Numerous updates including a new roof in 2019, new windows in 2007, sidewalk and parking pad installation in 2020, professional landscaping in 2022, electrical upgrades in 2013, along with kitchen and bathroom updates. Newer garage door, a fenced yard, all well-functioning mechanicals, new water heater installed in 2023. Ideal location near public transportation and I-290, accessible to downtown Oak Park, Forest Park and Chicago. Washer/Dryer hookup in basement. Don't miss the chance to view this classic 2-flat building in the sought-after Oak Park area.

Last Agent to Sell the Property

Stephanie Pinzari

Baird & Warner License #475186522 Listed on: 09/06/2024

Baird & Warner

Last Buyer's Agent

Robert Pistilli

Carana Properties License #471004528

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,018

Year Built

  • Built in 1916

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

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

Schools

  • Oak Park & River Forest High Sch

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Shed
  • Lot Dimensions are 34x127
  • Property is near a park

Community Details

Overview

  • 2 Units

Recreation

  • Tennis Courts

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,018

Year Built

Built in 1916

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1916
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Unfinished,Exterior Access
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Fireplace-Artificial,Range Hood,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Fireplace-Artificial,Range Hood,Hardwood Floors

Exterior Features

  • List Price: 535000
  • OtherStructures: Shed(s), Garage(s), Storage
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 3
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Community Features: Park, Tennis Court(s)

Schools

  • High School: Oak Park & River Forest High Sch
  • Middle/Junior School District: 97

Lot Info

  • Lot Dimensions: 34X127
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 16

Tax Info

  • Tax Annual Amount: 14017.76
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Similar Homes in the area

  • 1622 N Mason Ave, Chicago, IL 60639

    $389,900

    • 4 Beds
    • 2 Baths
    • 1622 N Mason Ave
    • Chicago, IL

    Discover the potential of this spacious multifamily property featuring 6 bedrooms and 4 bathrooms, complete with updated kitchens and bathrooms. Ideal for extended families, it includes a convenient in-law suite. Currently in pursuit of a short sale, please allow time for bank response. Sold as-is, the home requires some TLC and will not pass FHA inspection. A unique opportunity awaits! The

    Tameka Lewis-Madkins Keller Williams Preferred Rlty

    Section Image
  • 217 S Oak Park Ave, Oak Park, IL 60302

    $550,000

    • 5 Beds
    • 2 Baths
    • 217 S Oak Park Ave
    • Oak Park, IL

    Solid Brick Vintage 2-Flat in the Heart of Oak Park! Incredible opportunity to own a beautifully maintained solid brick 2-flat in one of Oak Park's most walkable locations! Whether you're looking for a smart investment, a home with income potential, or a space for multi-generational living, this property offers unmatched location and charm. First Floor Unit -- Step into a welcoming foyer

    Laura Maychruk Laura Maychruk Real Estate

    Section Image
  • 1046 S Scoville Ave, Oak Park, IL 60304

    $595,000

    • 5 Beds
    • 2 Baths
    • 1046 S Scoville Ave
    • Oak Park, IL

    Recently Rehabbed Red Brick Two-Flat on a Corner Lot on a Quiet Oak Park Cul-de-Sac. This beautifully maintained and recently updated red brick two-flat offers timeless charm, solid investment potential, and thoughtful improvements-tucked away on a serene cul-de-sac in Oak Park. Inside, you'll find gorgeous original oak woodwork, stained glass details, and refinished hardwood floors throughout.

    Cathy Yanda Baird & Warner

    Section Image
  • 1012 S Oak Park Ave, Oak Park, IL 60304

    $575,000

    • 4 Beds
    • 3 Baths
    • 1012 S Oak Park Ave
    • Oak Park, IL

    NOT A DRIVE-BY! LARGER THAN IT LOOKS! 2 UNIT BUILDING SITUATED IN SOUTH OAK PARK. GREAT FOR OWNER OCCUPANCY OR INVESTOR. FIRST FLOOR UNIT INCLUDES A LIVING ROOM, FORMAL DINING ROOM, KITCHEN, 2 BEDROOMS, 1 BATHROOM AND A LARGE FAMILY ROOM ADDITION AT THE REAR (OFF THE KITCHEN AREA) (24X17 +/-) AND PRIVATE ACCESS TO A PARTIALLY FINISHED BASEMENT (DUPLEXED) SECOND FLOOR UNIT INCLUDES A LARGE

    Elissa Palermo Berkshire Hathaway HomeServices Chicago

    Section Image
  • 617 Harlem Ave, Forest Park, IL 60130

    $500,000

    • 4 Beds
    • 3 Baths
    • 617 Harlem Ave
    • Forest Park, IL

    Updated multi-unit property available in highly desirable Forest Park. Property recently remodeled with updated kitchens and baths. Each unit has 2 large bedrooms, one of the bedrooms in each unit has a tandem. Both units have spacious living and dining areas. 1st floor unit has an in unit washer and dryer. 2nd floor unit has washer and dryer connection as well as Nest brand thermostat. All

    Margo Nancy Carrasquillo Property Services Network

    Section Image
  • 619 Harlem Ave, Forest Park, IL 60130

    $469,999

    • 4 Beds
    • 3 Baths
    • 619 Harlem Ave
    • Forest Park, IL

    Back on Market - Buyer Financing Fell Through! Welcome to 619 Harlem Ave, a meticulously maintained, vacant multi-unit property with strong potential for both homeowners and investors. Conveniently located just off the 290 Expressway and steps from the CTA, this turn-key building is ideal for commuters and renters alike. Each move-in-ready unit features freshly painted walls, polished hardwood

    Leo Sanchez Realty of America, LLC

    Section Image
  • 627 Harlem Ave, Forest Park, IL 60130

    $459,900

    • 5 Beds
    • 2 Baths
    • 627 Harlem Ave
    • Forest Park, IL

    Discover an incredible investment opportunity with this solid, well-maintained red brick two-flat featuring numerous updates and excellent tenant occupancy. The first floor offers 3 bedrooms, an office, a sunroom, a spacious living room, and 1 bathroom, while the second floor includes 2 bedrooms, an office, a sunroom, separate living and dining areas, and 1 bathroom. The spacious basement

    Adriana Laura Cook eXp Realty

    Section Image
  • 7223 Jackson Blvd, Forest Park, IL 60130

    $565,000

    • 6 Beds
    • 3 Baths
    • 7223 Jackson Blvd
    • Forest Park, IL

    Enjoy the open front porch of this spacious 3 apartment in convenient Forest Park location. 1st and 2nd floor units have hardwood floors, large living and dining rooms and rear sunporches. 2 bedrooms on 1st and 3 beds on 2nd floor units. 1 bedroom, 1 bath apartment on 3rd floor. Full basement with laundry and plenty of storage space. 2 car garage plus 2 exterior parking spaces. Excellent

    Jan Raspatello @properties Christie's International Real Estate

    Section Image
  • 7227 Jackson Blvd, Forest Park, IL 60130

    $558,000

    • 6 Beds
    • 3 Baths
    • 7227 Jackson Blvd
    • Forest Park, IL

    Excellent investment opportunity in the heart of Forest Park!!! 2 FLAT walking distance to Blue line and Downtown Forest Park. Roof, Boiler, and check valve all replaced by the current owner. 1st floor unit has been freshly painted and floors refinished, and this unit has big potential--duplexed down to the finished basement which includes full bath, office and family room. 2nd floor unit has

    Colleen Navigato Compass

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Property History

Date Event Price Change Sq Ft Price
11/20/2024 11/20/24 Sold $510,000 -4.7% --
10/21/2024 10/21/24 Pending -- -- --
09/05/2024 09/05/24 Price Changed $535,000 0.0% --
09/05/2024 09/05/24 For Sale $535,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12137510

Midwest Real Estate Data (MRED)