This Gorgeous, Updated, and INCOME PRODUCING solid brick 2 flat in the ever-appreciating Humboldt Park community can be yours to own, live in, and collect rent or as an armchair investment. Each unit features living and dining rooms, spacious bedrooms, hardwood floors throughout this beauty, and an oversized backyard. It is easy street parking in addition to two parking spaces and so much more! Separate utilities make this perfect for owner-occupants or investors. Super close to public transportation, restaurants, bars, stores... Schedule your showing today...don't miss out on this investment opportunity!
Multi-familyProperty Type
1908Year Built
3,920 sq ftLot Size
$124Est. Price/Sq.Ft.
2 spacesParking
Listed by Odennys Pinto• RE/MAX LOYALTY
Bought with Gabriel Martinez• Iconic Real Estate of Illinois Inc
Bring Your Modern Design Ideas to This 2 Flat Humboldt Park Building. Features all the Original Wood and Character with 5 Bedrooms and a Full Unfinished Basement. Spacious Units with Living Room, Dining Room and the Boiler System was Separated Individually 10 Years Ago. Great for Owner Occupant or Investor. Close to Interstate, Commuter Bus, Train, and Shopping. Seller Motivated!! SOLD AS IS.
Year
Property tax
Land + Additions
Assessment*
2023
$4,867 (+40.5%)
$5,625 + $17,375
$23,000
2022
$3,464 (+73.8%)
$5,625 + $17,375
$23,000
2021
$1,993 (+3.9%)
$5,625 + $17,375
$23,000
2020
$1,919 (−6.1%)
$4,406 + $10,411
$14,817
2019
$2,044 (+1.8%)
$4,406 + $12,626
$17,032
2018
$2,007 (−10.8%)
$4,406 + $12,626
$17,032
2017
$2,251 (−14.8%)
$3,937 + $16,254
$20,191
2016
$2,642 (+4.1%)
$3,937 + $16,254
$20,191
2015
$2,539 (+0.9%)
$3,937 + $16,254
$20,191
2014
$2,517 (−0.4%)
$3,750 + $14,647
$18,397
2013
$2,526 (+11.0%)
$3,750 + $14,647
$18,397
2012
$2,276 (+10.0%)
$3,750 + $14,647
$18,397
2011
$2,069 (−47.4%)
$5,250 + $18,920
$24,170
2010
$3,933 (+47.9%)
$5,250 + $18,920
$24,170
2009
$2,658 (−33.1%)
$5,250 + $18,920
$24,170
2008
$3,972 (+1.0%)
$4,949 + $22,737
$27,686
2007
$3,932
$4,949 + $22,737
$27,686
Tax history for 1027 N Ridgeway Ave
Year
Property tax
Land + Additions
Assessment*
2023
$4,867 (+40.5%)
$5,625 + $17,375
$23,000
2022
$3,464 (+73.8%)
$5,625 + $17,375
$23,000
2021
$1,993 (+3.9%)
$5,625 + $17,375
$23,000
2020
$1,919 (−6.1%)
$4,406 + $10,411
$14,817
2019
$2,044 (+1.8%)
$4,406 + $12,626
$17,032
2018
$2,007 (−10.8%)
$4,406 + $12,626
$17,032
2017
$2,251 (−14.8%)
$3,937 + $16,254
$20,191
2016
$2,642 (+4.1%)
$3,937 + $16,254
$20,191
2015
$2,539 (+0.9%)
$3,937 + $16,254
$20,191
2014
$2,517 (−0.4%)
$3,750 + $14,647
$18,397
2013
$2,526 (+11.0%)
$3,750 + $14,647
$18,397
2012
$2,276 (+10.0%)
$3,750 + $14,647
$18,397
2011
$2,069 (−47.4%)
$5,250 + $18,920
$24,170
2010
$3,933 (+47.9%)
$5,250 + $18,920
$24,170
2009
$2,658 (−33.1%)
$5,250 + $18,920
$24,170
2008
$3,972 (+1.0%)
$4,949 + $22,737
$27,686
2007
$3,932
$4,949 + $22,737
$27,686
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
5
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
3,920
Year renovated
—
Sq. Ft.
3,920
Year built
1908
Style
Multi-Family (2-4 Unit)
County
Cook County
APN
16023140130000
Parking Spaces
2
Basement
Yes
Accessible
No
HOA Dues
—
Garage
No
Features
—
Last updated by owner on Jun 23, 2024.
RS-3
Residential Single-Unit (Detached House) District
The primary purpose of the RS districts is to accommodate the development of detached houses on individual lots. It is intended that RS zoning be applied in areas where the land-use pattern is characterized predominately by detached houses on individual lots or where such a land use pattern is desired in the future. The Zoning Ordinance includes three RS districts - RS3 - which are differentiated primarily on the basis of minimum lot area requirements and floor area ratios.
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Housing-Single unit
Housing-Other
Infrastructure
Educational / school
Library
Recreation
Cemetery
Park & open space
Property details
Parking
Parking Information
# Of Cars: 2
# of Parking (Total): 2
Parking On-Site: Yes
Parking: Space/s
Parking Ownership: Owned
Interior
Bathroom Information
# of Baths (Full): 2
Bedroom Information
# of Bedrooms: 5
# of Bedrooms Possible: 5
Additional Rooms Information
Basement: Full
Basement Description: Unfinished
Interior Features
# of Rooms: 11
Equipment
Ceiling Fan(s)
Multi-Unit Information
3 Br Unit(s) In Bldg: Yes
Unit Type 1 Information
Floor Number: 1
# of Rooms: 5
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator,Dishwasher,Microwave,Central Air Conditioner
Security Deposit: N/A
Tenant Pays: Other
Lease Expiration Date: N/A
Unit Type 2 Information
Floor Number: 2
# of Rooms: 6
# of Bedrooms: 3
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator,Dishwasher,Microwave,Central Air Conditioner
Security Deposit: N/A
Tenant Pays: Other
Lease Expiration Date: N/A
Exterior
Building Information
# Of Units in Building: 2
Exterior Building Type: Brick
Age: 100+ Years
Built Before 1978 (Y/N): Yes
Property Information
Property Type: Two to Four Units
Ownership: Fee Simple
Rebuilt (Y/N): No
Rehab (Y/N): Yes
Rehab Year: 2022
General Information: Commuter Bus,Commuter Train,Interstate Access
Parcel Number: 16023140130000
Lot Information
Dimensions: 3750
Lot Size: Less Than .25 Acre
Financial
Tax Information
Tax Annual Amount: $1,993.09
Tax Year: 2021
Tax Exemptions: Homeowner,Senior,Senior Freeze
Financial Information
Finance Code: FHA
Special Service Area: N
Utilities
Utility Information
Water Source: Lake Michigan
Sewer: Public Sewer
Heating & Cooling
Heating: Natural Gas, Forced Air, Steam
Location
School Information
Elementary School District: 299
Middle Or Junior School District: 299
High School District: 299
Location Information
Township: West Chicago
Corporate Limits: Chicago
Directions: Independence/Hamlin North to Augusta, 1 Block East to Ridgeway, and North to Address
Public facts
Beds: 5
Baths: 2.0
Sq. Ft.: 3,920
Stories: 2.0
Parking Spaces: 2
Basement: Yes
Accessible: No
Lot Size: 3,920 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1908
Year Renovated: —
County: Cook County
APN: 16023140130000
HOA Dues: —
Garage: No
Features: —
Home facts updated by owner on Jun 23, 2024
Other
Listing Information
Holds Earnest Money: Yes
Possession: Closing
Around this home
Schools
Cameron Elementary School
Public PreK-8 • Assigned • 0.3mi
4/10
Orr Academy High School
Public 9-12 • Assigned • 0.5mi
1/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 100° expected this year, 14 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 7 days in 30 years
Provided by First Street
Historical weather
Chicago, IL • 60651
Average low and high temperatures (°F)
30
17
39
24
55
35
62
44
69
50
82
64
86
70
82
67
79
62
68
51
51
39
38
24
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.3 hours in
June and 3.3 hours in December, placing it below the
U.S. average for solar exposure.
10.3 hrs
3.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$463,000 – $560,000
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