Residential Income for Sale: 1016 N RIDGEWAY, Chicago, IL 60651 SOLD

11 beds
$550,000
$550,000
1016 N RIDGEWAY, Chicago, IL 60651 SOLD
11 beds
$550,000
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Selling Price: $550,000
Original List Price: $560,000
Sold at 98.2% of list price
Sold Date: 07/31/2024

Type Residential Income
Style Bungalow
Beds 11
Year Built 1926

City Chicago
County Cook
School District 299

MLS 12039022
Status Closed
Gorgeous Brick Bungalow in front and Brick 2 Flat in back with tons of updates throughout. Check out this unique 3 unit in Humboldt Park ideal for multi-generational living or rental income! The Massive Front Brick Bungalow features 5 Bedrooms, (3 on main & 2 up) and 1.5 Bathrooms, unfinished basement with potential to duplex (high ceilings). Perfect for owner occupant to live in one unit and collect passive income from the 2 units. Rear Building features a Duplexed 4 bedrooms, 2 bathrooms plus the top floor unit has additional 2 bedroom and 1 bathroom currently rented to long term tenant paying below market rent. Bonus: ALL units have separate utilities. Front has radiant heating and rear has separate central heating and hot water tanks. Owner recently added drain tile system & sump pump to rear unit and updated 2 of the 3 units with new quartz countertops and shaker cabinetry in kitchens, updated bathrooms, freshly painted, new light fixtures, carpeting, and LVT flooring. Both Roofs are tear off and 3 years new! All Electrical & plumbing updated in 2010/2011. Too many upgrades to list. This block has easy permit parking all day. Your buyers will love the opportunity and the flexibility this property offers!

Room Features

Basement Description Unfinished, Exterior Access

Lot & Building Features

Architecture Bungalow
Heating Forced Air, Radiant, Natural Gas
Parking Description None
Sewer Public Sewer
Tax Year 2022
Water Lake Michigan, Public
Lot Dimensions 25 X 125 ft

Price History of 1016 RIDGEWAY, Chicago, IL

Date Name Price Difference
12/31/1969 Listing Price $550,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
Photo of Nicolette Henington
Direct: 708-670-6774
Office
3580 W 95th Street
Evergreen Park, IL 60805
708-422-0011
Listed by Re/Max Cityview, Migdalia Cajigas
Sold by RE/MAX PREMIER, Alejandro Trujillo
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20%
1%
6.75%
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Midwest Real Estate Data

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Re/Max Cityview