Incredible investment opportunity in the Avondale neighborhood with a 7% cap rate. This charming 2 unit building with non-conforming garden unit is the perfect low-maintenance property having recently undergone extensive renovations. Each unit features 2 bedrooms, 1 bath with updated white kitchens, stainless steel appliances and granite countertops. Second floor unit has private washer / dryer while unit 1 and garden share laundry in the pristine lower level common area. Enclosed lot with fresh landscaping, beautiful backyard and 2 car detached garage. Steps away from public transportation, restaurants and shopping. You don't want to miss this!
Multi-familyProperty Type
2 car garageParking
Listed by Ivan Madera• Jameson Sotheby's Int'l Realty
Listed by Stephanie Juckem• Jameson Sotheby's Int'l Realty
THIS IS EXACTLY WHAT YOU HAVE BEEN LOOKING FOR... LEGAL BRICK 2 UNIT WITH NON CONFORMING GARDEN UNIT ...EXCELLENT INVESTMENT OPPORTUNITY FOR A VERY WELL MAINTAINED BUILDING IN THE MOST CONVENIENT LOCATION IN AVONDALE !!! NUMBER ONE UP-AND-COMING NEIGHBORHOODS IN CHICAGO IN 2019 ACCORDING TO PREVIEW REAL ESTATE MAGAZINE AND CHICAGO REAL ESTATE MAGAZINE ... 1 & 2 FLOOR HAS 1200 SQ.FT. WITH 2 BED, 1 FULL BATH, KITCHEN, LIVING, DINING, PANTRY, AND PORCH... EACH UNIT IS UPDATED WITH EAT-IN KITCHEN , QUARTZ COUNTER TOPS , SS APPLIANCES AND SUBWAY CERAMIC B-SPLASH.... SO MANY UPDATES INCLUDING: PLUMBING, ELECTRIC, WINDOWS, FIXTURES , VENT FREE SPLITTERS AC ON 1 & 2 FLOOR , SIDING , ETC... ORIGINAL HARDWOOD FLOORS AND BEAUTIFUL WOODWORK THROUGHOUT... THE BUILDING IS VACANT AND THE RENTS ARE ESTIMATED TO THE AREA ... NEWER DETACHED 2 CAR GARAGE.... PLENTY OF SPACE IN THE BACKYARD FOR RELAX ... PERFECT FOR LIVE-IN OWNER OR INVESTOR.... ALL SEPARATE UTILITIES .... IN THE BASEMENT WASHER AND DRYER AND ALSO STORAGE OR BIKE ROOM... PUBLIC TRANSPORTATION AROUND THE CORNER AND MINUTES TO KENNEDY EXPRESSWAY.... CLEAN AND READY TO MOVE IN...... SELLER IS A LICENSED RE BROKER... JUST LOOK @ THE PICTURES !!!
Public Records
Jun 3, 2019
Sold
$358,500
Year
Property tax
Land + Additions
Assessment*
2023
$9,925 (+2.6%)
$13,703 + $40,298
$54,001
2022
$9,674 (+2.3%)
$11,028 + $35,820
$46,848
2021
$9,457 (+35.2%)
$11,028 + $35,820
$46,848
2020
$6,997 (+271.4%)
$5,040 + $26,240
$31,280
2019
$1,884 (+1.9%)
$5,040 + $30,915
$35,955
2018
$1,849 (−6.6%)
$5,040 + $30,915
$35,955
2017
$1,980 (−16.7%)
$4,410 + $29,359
$33,769
2016
$2,376 (+4.1%)
$4,410 + $29,359
$33,769
2015
$2,283 (+0.8%)
$4,410 + $29,359
$33,769
2014
$2,264 (−0.4%)
$3,780 + $27,047
$30,827
2013
$2,272 (+6.8%)
$3,780 + $27,047
$30,827
2012
$2,127 (+10.6%)
$3,780 + $27,047
$30,827
2011
$1,923 (+10.6%)
$5,040 + $32,720
$37,760
2010
$1,739 (+6.6%)
$5,040 + $32,720
$37,760
2009
$1,632 (−5.3%)
$5,040 + $32,720
$37,760
2008
$1,722 (−6.2%)
$7,181 + $36,723
$43,904
2007
$1,836
$7,181 + $36,723
$43,904
Tax history for 2844 N Ridgeway Ave
Year
Property tax
Land + Additions
Assessment*
2023
$9,925 (+2.6%)
$13,703 + $40,298
$54,001
2022
$9,674 (+2.3%)
$11,028 + $35,820
$46,848
2021
$9,457 (+35.2%)
$11,028 + $35,820
$46,848
2020
$6,997 (+271.4%)
$5,040 + $26,240
$31,280
2019
$1,884 (+1.9%)
$5,040 + $30,915
$35,955
2018
$1,849 (−6.6%)
$5,040 + $30,915
$35,955
2017
$1,980 (−16.7%)
$4,410 + $29,359
$33,769
2016
$2,376 (+4.1%)
$4,410 + $29,359
$33,769
2015
$2,283 (+0.8%)
$4,410 + $29,359
$33,769
2014
$2,264 (−0.4%)
$3,780 + $27,047
$30,827
2013
$2,272 (+6.8%)
$3,780 + $27,047
$30,827
2012
$2,127 (+10.6%)
$3,780 + $27,047
$30,827
2011
$1,923 (+10.6%)
$5,040 + $32,720
$37,760
2010
$1,739 (+6.6%)
$5,040 + $32,720
$37,760
2009
$1,632 (−5.3%)
$5,040 + $32,720
$37,760
2008
$1,722 (−6.2%)
$7,181 + $36,723
$43,904
2007
$1,836
$7,181 + $36,723
$43,904
*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
3,150 Sq. Ft.
Year renovated
—
Sq. Ft.
2,628
Year built
1924
Style
Multi-Family (2-4 Unit)
County
Cook County
APN
13261270330000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 15, 2026.
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
Bathroom Information
# of Baths (Full): 2
Bath Amenities: Separate Shower,European Shower
Bedroom Information
# of Bedrooms: 4
# of Bedrooms Possible: 4
Additional Rooms Information
Basement: Full
Basement Description: Finished,Exterior Access
Interior Features
# of Rooms: 12
Equipment
CO Detectors, Ceiling Fan(s)
Community Information
Community Features: Water Rights, Curbs, Gated, Sidewalks, Street Lights, Street Paved
Unit Type 1 Information
Floor Number: 1
Sq. Ft.: 1,200
# of Rooms: 6
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator,Dishwasher,Microwave,Central Air Conditioner,Garage/Space,Hardwood Floors
Security Deposit: 0
Rent: $1,780
Tenant Pays: None
Lease Expiration Date: Sunday, May 1, 2022
Unit Type 2 Information
Floor Number: 1
Sq. Ft.: 1,200
# of Rooms: 6
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Garage/Space,Hardwood Floors
Rent: $2,037
Tenant Pays: None
Lease Expiration Date: Wednesday, June 1, 2022
Exterior
Exterior Features
Exterior Features: Storms/Screens, Breezeway
Building Information
# Of Units in Building: 2
Exterior Building Type: Aluminum Siding,Brick
Built Before 1978 (Y/N): Yes
Roof: Rubber, Flat
Foundation Details: Concrete Perimeter
Property Information
Property Type: Two to Four Units
Model: 3 STORY BUILDING
Ownership: Fee Simple
Rebuilt (Y/N): No
Rehab (Y/N): Yes
Rehab Year: 2019
Parcel Number: 13261270330000
Lot Information
Dimensions: 25X125
Lot Size: Less Than .25 Acre
Zoning: MULTI
Financial
Tax Information
Tax Annual Amount: $6,997.46
Tax Year: 2020
Financial Information
Finance Code: Conventional
Special Service Area: N
Gross Income: $65,364
Utilities
Utility Information
Water Source: Lake Michigan
Sewer: Public Sewer
Heating & Cooling
Heating: Radiator(s), Indv Controls
Location
School Information
Elementary School District: 299
Middle Or Junior School District: 299
High School District: 299
Location Information
Subdivision Name: Avondale Estates
Township: Jefferson
Corporate Limits: Chicago
Directions: Diversey east of Pulaski to Ridgeway and north to property
Public facts
Beds: 5
Baths: 2.0
Sq. Ft.: 2,628
Stories: 2.0
Lot Size: 3,150 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1924
Year Renovated: —
County: Cook County
APN: 13261270330000
Home facts updated by county records on Sep 15, 2026
Other
Expense Information
Water Sewer Expense: $1,128
Water Expense Source: Actual
Electric Expense: $4,428
Insurance Expense: $1,656
Listing Information
Holds Earnest Money: Yes
Possession: Closing
Teams Information
Buyer Team Name: Zach Koran Group
Around this home
Schools
Monroe Elementary School
Public PreK-8 • Assigned • 0.3mi
4/10
Schurz High School
Public 9-12 • Assigned • 1.2mi
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 • 60618
Average low and high temperatures (°F)
31
17
39
25
55
35
62
44
68
50
83
64
87
70
83
67
80
61
69
52
52
39
38
25
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
$810,000 – $980,000
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