Legal 3-unit building. Excellent armchair investment with 2/3 rented, getting 3850 in rent with another unit to rent. The main conversion was done in 2016, and then a complete overhaul was completed in 2024. 3 units - 2 rented and 1 left open for live-in investors. 1st floor and second floor - 3 bed - 1 bath unit w/ den space. The third floor is 1 bed + den + 1 bath. Large back yard and two car garage. Electric upgraded in 2016, all plumbing except main stack done in 2016, both building roof and garage roof in 2016, all baths redone in 2024, water main line from city 2022, Foundation and crawl redone 2016 and 2024, W/D added to all units 2024, dishwashers added in 2024, 3rd-floor kitchen redone 2024, all floors redone 2024, AC on 1st floor and 3rd-floor brand new, Furnace on 1st and second floor 2023/2024, windows 15+ years old, front and rear siding brand new, and all can lights new from 2016. The second floor is rented at 2000 - 3rd floor is rented at 1700 - both are rented till 8/31/2025 - 2 car garage; the second floor has 1 spot rented at 150 a month. taxes 8054
Multi-familyProperty Type
1909Year Built
3,484 sq ftLot Size
2 car garageParking
Listed by Sophia Klopas• Jameson Sotheby's Int'l Realty
Listed by Jason Stratton• Jameson Sotheby's Int'l Realty
Bought with Evan Napolitano• @properties Christie's International Real Estate
LEGAL 3 UNIT (CERT IS ON PHOTOS). Which needs some work and will be sold as-is - that is why the price was dropped. This is not a place for first time investors. 3rd floor unit needs some work with the floors and bracing the trusses. Value add is the third unit and adding w/d and dishwashers to unit 2 and 3. Owner did a ton of work to the crawl and redoing footings. the First and second floor units were renovated fully in 2015 - new kitchens, baths, light, HVAC, lights and floors. The floor plan on the first 2 units (attached to listing to) are three bedrooms, full bath, large office and utilities in unit. First unit has W/D in the unit. The third unit has 2 bedrooms, family room, dining room and kitchen - there is room to upgrade the 3rd floor unit and get more money. All units are above grade and the home sits on a small crawl space. All three units pay there own utilities. Units are empty now incase of owner occupied, Short term rentals, or new year long leases. 1st floor received and application for rent at 2k before we took it off the market.. 2 car garage and nice backyard. Right off Milwaukee in Avondale - tons of retail, nightlife, public trans and very close to 90/94. Renters pay all electric and gas bills. Only owner costs are water (approx. 600 a year) and insurance (2200 a year).
MRED as Distributed by MLS Grid #11726786
Mar 9, 2023
Contingent (Contingent - Continue to Show)
—
Mar 8, 2023
Listing Removed
—
Feb 27, 2023
Listed (Active)
*
MRED as Distributed by MLS Grid #11698710
Jan 10, 2023
Contingent (Contingent - No Showings)
—
Jan 10, 2023
Listing Removed
—
Jan 10, 2023
Listed (Active)
*
MRED as Distributed by MLS Grid #11686991
Dec 12, 2022
Listed (Active)
*
Dec 12, 2022
Listing Removed
—
MRED as Distributed by MLS Grid #11612736
Aug 29, 2022
Contingent (Contingent - Continue to Show)
—
Aug 29, 2022
Listing Removed
—
Aug 25, 2022
Price Changed
*
Aug 25, 2022
Price Changed
*
Aug 24, 2022
Listed (Active)
*
RENT. #1
Jan 13, 2022
Price Changed
$1,475
MRED as Distributed by MLS Grid #09096978
Feb 17, 2016
Sold (MLS) (Closed Sale)
$380,000
Jan 16, 2016
Pending
—
Dec 18, 2015
Contingent
—
Dec 4, 2015
Listed (New)
$379,900
Public Records
May 1, 1986
Sold
$26,000
Year
Property tax
Land + Additions
Assessment*
2023
$8,263 (+2.6%)
$12,866 + $26,137
$39,003
2022
$8,054 (+2.3%)
$12,866 + $26,137
$39,003
2021
$7,874 (+22.9%)
$12,866 + $26,137
$39,003
2020
$6,405 (−3.5%)
$5,880 + $22,753
$28,633
2019
$6,640 (+2.1%)
$5,880 + $27,032
$32,912
2018
$6,505 (−5.6%)
$5,880 + $27,032
$32,912
2017
$6,889 (+7.5%)
$5,145 + $26,839
$31,984
2016
$6,410 (+9.3%)
$5,145 + $26,839
$31,984
2015
$5,864 (+31.5%)
$5,145 + $26,839
$31,984
2014
$4,458 (+2.0%)
$4,410 + $19,605
$24,015
2013
$4,370 (−7.7%)
$4,410 + $19,605
$24,015
2012
$4,734 (−19.6%)
$4,410 + $21,953
$26,363
2011
$5,891 (−0.4%)
$5,880 + $30,447
$36,327
2010
$5,916 (+4.3%)
$5,880 + $30,447
$36,327
2009
$5,670 (+13.1%)
$5,880 + $30,447
$36,327
2008
$5,011 (+1.0%)
$7,790 + $27,116
$34,906
2007
$4,961
$7,790 + $27,116
$34,906
Tax history for 2980 N Ridgeway Ave
Year
Property tax
Land + Additions
Assessment*
2023
$8,263 (+2.6%)
$12,866 + $26,137
$39,003
2022
$8,054 (+2.3%)
$12,866 + $26,137
$39,003
2021
$7,874 (+22.9%)
$12,866 + $26,137
$39,003
2020
$6,405 (−3.5%)
$5,880 + $22,753
$28,633
2019
$6,640 (+2.1%)
$5,880 + $27,032
$32,912
2018
$6,505 (−5.6%)
$5,880 + $27,032
$32,912
2017
$6,889 (+7.5%)
$5,145 + $26,839
$31,984
2016
$6,410 (+9.3%)
$5,145 + $26,839
$31,984
2015
$5,864 (+31.5%)
$5,145 + $26,839
$31,984
2014
$4,458 (+2.0%)
$4,410 + $19,605
$24,015
2013
$4,370 (−7.7%)
$4,410 + $19,605
$24,015
2012
$4,734 (−19.6%)
$4,410 + $21,953
$26,363
2011
$5,891 (−0.4%)
$5,880 + $30,447
$36,327
2010
$5,916 (+4.3%)
$5,880 + $30,447
$36,327
2009
$5,670 (+13.1%)
$5,880 + $30,447
$36,327
2008
$5,011 (+1.0%)
$7,790 + $27,116
$34,906
2007
$4,961
$7,790 + $27,116
$34,906
*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
3
Stories
2
Lot width
—
Lot depth
—
Lot size
3,675 Sq. Ft.
Year renovated
—
Sq. Ft.
2,362
Year built
1911
Style
Multi-Family (2-4 Unit)
County
Cook County
APN
13261160370000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 12, 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 Garage Spaces: 2
# of Parking (Total): 2
Parking: Garage
Garage Ownership: Owned
Garage On-Site: Yes
Garage Type: Detached
Garage Details: Garage Door Opener(s),7 Foot or more high garage door
Interior
Bathroom Information
# of Baths (Full): 3
Bath Amenities: Garden Tub
Bedroom Information
# of Bedrooms: 8
# of Bedrooms Possible: 8
Additional Rooms Information
Basement Description: Crawl
Interior Features
# of Rooms: 15
Multi-Unit Information
3 Br Unit(s) In Bldg: Yes
Community Information
Community Features: Sidewalks, Street Lights, Street Paved
Unit Type 1 Information
Floor Number: 1
# of Rooms: 5
# of Bedrooms: 3
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Laundry Hook-Up,Hardwood Floors,Cooktop
Security Deposit: 0
Tenant Pays: All
Lease Expiration Date: 0
Unit Type 2 Information
Floor Number: 2
# of Rooms: 5
# of Bedrooms: 3
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Laundry Hook-Up,Hardwood Floors,Cooktop
Tenant Pays: All
Lease Expiration Date: 0
Unit Type 3 Information
Floor Number: 3
# of Rooms: 5
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Laundry Hook-Up
Tenant Pays: All
Lease Expiration Date: 0
Exterior
Building Information
# Of Units in Building: 3
Exterior Building Type: Frame
Age: 100+ Years
Built Before 1978 (Y/N): Yes
Roof: Asphalt
Foundation Details: Concrete Perimeter
Property Information
Property Type: Two to Four Units
Conversion (Y/N): N
Ownership: Fee Simple
Rebuilt (Y/N): Yes
Rebuilt Year: 2015
Rehab (Y/N): Yes
Rehab Year: 2023
Parcel Number: 13261160370000
Lot Information
Dimensions: 25X130
Lot Size: Standard Chicago Lot
Zoning: MULTI
Financial
Tax Information
Tax Annual Amount: $7,873
Tax Year: 2022
Financial Information
Finance Code: Conventional
Special Service Area: N
Utilities
Utility Information
Water Source: Lake Michigan
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: Jefferson
Corporate Limits: Chicago
Directions: Milwaukee Ave to Ridgeway, north to property
Public facts
Beds: 5
Baths: 3.0
Sq. Ft.: 2,362
Stories: 2.0
Lot Size: 3,675 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1911
Year Renovated: —
County: Cook County
APN: 13261160370000
Home facts updated by county records on Jul 11, 2026
Other
Listing Information
Holds Earnest Money: Yes
Possession: Closing
Some Photos Virtually Staged?: Yes
Around this home
Schools
Garcia Lorca Elementary School
Public PreK-8 • Assigned • 0.4mi
5/10
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
71
83
67
80
62
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
$856,000 – $1.04M
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