NOT LISTED FOR SALE

614 N Ridgeway Ave Chicago, IL 60624

Humboldt Park Neighborhood
-- Bed
6 Baths
7,500 Sq Ft
5,856 Sq Ft Lot

Sale Details

Date Sold: July 15, 2025

Last sale price $700,000 $93 Per Sq Ft

23 Days on Market

About This Home

As of July 2025

Jumbo 6-Flat with a 7th unit In-law Garden Studio. All units individually metered for HVAC and Electric. Original huge 2 bed layouts are easily upgraded to 3 beds. All tenants on MtM leases. Solid bones with some improvements to exterior and common areas completed, garden studio is rehabbed and move-in ready. Unit interiors need work to maximize rents. Basement has laundry hookups and parking pad for up to 6 cars for additional income. Two vacant units. Easy to show, Bring all offers.

Last Agent to Sell the Property

Juan Uribe

Vorobey Properties, Inc. License #475162881 Listed on: 04/22/2025

Co-Listed By

Igor Vorobeychik

Vorobey Properties, Inc. License #471019905

Last Buyer's Agent

Juan Uribe

Vorobey Properties, Inc. License #475162881 Listed on: 04/22/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,633

Year Built

  • Built in 1929

Lot Details

  • 5,856 Sq Ft Lot
  • Lot Dimensions are 48x122

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Membrane Roofing
  • Concrete Perimeter Foundation

Interior Spaces

  • 7,500 Sq Ft Home
  • 3-Story Property
  • Finished Basement
  • Exterior Basement Entry

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

Overview

  • 7 Units

Building Details

  • Electric Expense $303
  • Insurance Expense $2,685
  • Maintenance Expense $1,000
  • Trash Expense $1,273
  • Water Sewer Expense $3,350
  • Operating Expense $17,244
  • Gross Income $81,180
  • Net Operating Income $63,936

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,633

Year Built

Built in 1929

Lot Details

5,856 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 3
  • Year Built: 1929
  • Built Before 1978 (Y/N): Yes
  • Information: None
  • Estimated Age: Older
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished, Exterior Entry
  • Fireplaces: 0
  • Dishwashers: 0
  • Refrigerators: 7
  • Ranges: 7
  • Number of Washers: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Frontage Type: City Street
  • Roof: Membrane
  • Roof Structure: Flat

Garage/Parking

  • Outdoor Parking: 1-5 Spaces

Utilities

  • Electric: Circuit Breakers
  • Heat/Ventilation: Forced Air,Gas

Condo/Co-op/Association

  • Unincorporated (Y/N): No
  • Conversion YN: N

Fee Information

  • Trash Expense: 1273
  • Water Sewer Expenses: 3350

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 48X122
  • Lot Size Sq Ft: 5856
  • Zoning: MULTI

Building Info

  • BuildingAreaTotal: 7500

Rental Info

  • Board Number: 8
  • Tenancy Type: Month To Month

Multi Family

  • Net Operating Income: 63936
  • Insurance Expense: 2685
  • ElectricExpense: 303
  • GrossIncome: 81180
  • Maintenance Expense: 1000
  • NumberOfUnitsTotal: 7
  • OperatingExpense: 17244
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 8633.19
  • Tax Year: 2023

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
Apr 22, 2025
Closed on
Jul 15, 2025
Sold by
Bought by
Seller's Agent
Juan Uribe
Vorobey Properties, Inc.
Buyer's Agent
Juan Uribe
Vorobey Properties, Inc.
List Price
$750,000
Sold Price
$700,000
Premium/Discount to List
-$50,000
-6.67%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
0.0684%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 31, 2022
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
$420,000
Interest Rate
0.0527%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2020
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
$700,000 None Listed On Document
-- None Listed On Document
$300,000 None Available
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 $525,000
Previous Owner $420,000
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
07/15/2025 07/15/25 Sold $700,000 -3.4% $93 / Sq Ft
05/15/2025 05/15/25 Pending -- -- --
05/05/2025 05/05/25 Price Changed $725,000 -3.3% $97 / Sq Ft
04/22/2025 04/22/25 For Sale $750,000 -- $100 / 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 $8,633 $47,000 $8,491 $38,509
2024 $8,633 $47,000 $8,491 $38,509
2023 $8,391 $40,796 $6,881 $33,915
2022 $8,391 $40,796 $6,881 $33,915
2021 $8,203 $40,795 $6,880 $33,915
2020 $4,095 $18,384 $6,880 $11,504
2019 $4,245 $21,131 $6,880 $14,251
2018 $4,174 $21,131 $6,880 $14,251
2017 $5,893 $27,375 $6,148 $21,227
2016 $5,483 $27,375 $6,148 $21,227
2015 $5,016 $27,375 $6,148 $21,227
2014 $5,301 $28,572 $5,856 $22,716
2013 $5,197 $28,572 $5,856 $22,716
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2025

    Juan Uribe

    Vorobey Properties, Inc.

    (773) 416-2804

    2 in this area

    41 Total Sales

    Juan Uribe
    Section Image

  • I

    Seller Co-Listing Agent in 2025

    Igor Vorobeychik

    Vorobey Properties, Inc.

    (847) 373-0349

    1 in this area

    12 Total Sales

    Igor Vorobeychik
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12338113

Midwest Real Estate Data (MRED)

APN: 16111140370000

Illinois Cook County Chicago 60624 Humboldt Park

614 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.