This Gorgeous, Updated and INCOME PRODUCING Greystone in the heart of the ever appreciating Humboldt Park can be yours to own, live in and collect rent or as an armchair investment. There are 3 three bedroom one bath units which have been updated and the building is currently fully rented. (Agent and Owner cannot represent legality of Garden Unit.) The property has been meticulously cared for and has so many great updates; new roof (2020), tuckpointed (2020) Brand New Concrete Garage (2020) which has a double layer silver roof ready to accommodate a rooftop deck and a PARTY DOOR. The two main floor units have Central AC and all three units have in unit Washer Dryer. Expenses are nominal as tenants pay ALL UTILITIES so even at under market rents, this property is yielding a 6.7% CAP Rate. You do not want to miss out on the opportunity to own this magnificent property nestle on the charming tree lined Ridgeway Ave. steps from all that Humboldt Park offers.
Multi-familyProperty Type
2 car garageParking
Listed by Diane Vanna• Baird & Warner
Listed by Maria Sabino• Baird & Warner
Bought with Loria Hamilton-Field• Jason Mitchell Real Estate IL
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Baths
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Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Multi-Family (2-4 Unit)
County
Cook County
APN
16021190340000
Parking Spaces
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Basement
—
Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on May 29, 2023.
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 Garage Spaces: 2
Parking: Garage
Garage Ownership: Owned
Garage On-Site: Yes
Garage Type: Detached
Garage Details: Garage Door Opener(s)
Interior
Virtual Tour
Bathroom Information
# of Baths (Full): 3
Bedroom Information
# of Bedrooms: 9
# of Bedrooms Possible: 9
Additional Rooms Information
Basement: Full
Basement Description: Finished
Interior Features
# of Rooms: 21
Multi-Unit Information
3 Br Unit(s) In Bldg: Yes
Unit Type 1 Information
Floor Number: 1
# of Rooms: 7
# of Bedrooms: 3
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator,Washer,Microwave,Central Air Conditioner
Security Deposit: 1250
Rent: $1,250
Tenant Pays: All
Lease Expiration Date: MTM
Unit Type 2 Information
Floor Number: 2
# of Rooms: 7
# of Bedrooms: 3
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator,Washer,Dryer,Microwave,Central Air Conditioner
Security Deposit: $1,200
Rent: $1,200
Tenant Pays: All
Lease Expiration Date: Tuesday, August 1, 2023
Unit Type 3 Information
# of Rooms: 7
# of Bedrooms: 3
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator,Washer,Dryer,Microwave
Security Deposit: $950
Rent: $950
Tenant Pays: All
Lease Expiration Date: MTM
Exterior
Building Information
# Of Units in Building: 3
Exterior Building Type: Stone
Built Before 1978 (Y/N): Yes
Roof: Rubber
Property Information
Property Type: Two to Four Units
Ownership: Fee Simple
Rebuilt (Y/N): No
Rehab (Y/N): Yes
Rehab Year: 2012
Parcel Number: 16021190340000
Lot Information
Dimensions: 24 X 124
Lot Size: Less Than .25 Acre
Financial
Tax Information
Tax Annual Amount: $4,453
Tax Year: 2020
Financial Information
Finance Code: Conventional
Special Service Area: N
Utilities
Utility Information
Water Source: Lake Michigan, Public
Sewer: Public Sewer
Heating & Cooling
Heating: Natural Gas, Forced Air
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: West on Division to Central Park (N) to Potomac (W) to Ridgeway (N) to Property
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Cook County
APN: 16021190340000
Home facts updated by county records on May 29, 2023
Other
Expense Information
Insurance Expense: $2,500
Listing Information
Holds Earnest Money: Yes
Possession: Closing
Around this home
Schools
Cameron Elementary School
Public PreK-8 • Assigned • 0.1mi
4/10
Orr Academy High School
Public 9-12 • Assigned • 0.8mi
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 99° 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
61
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
$522,000 – $631,000
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