Turn key brick 2 flat in fast appreciating Humboldt Park. Extremely well maintained with many updates within last 10 yrs. Two spacious 3 bedroom apartments + a finished 1 bedroom basement unit, all with separate GFA heat, gas, elect and hot water. Recent update include roof (5yr), concrete walkway (4yr), elect, plumb, HVAC, tuckpointing, kitchens, baths. .. Excellent cash flow, $3550 monthly when fully rented. Great owner occupant option or a solid investment!
Large Brick 2 Flat in need of updates and repairs. Full finished Basement with possible In-Law Arrangement. (Cash or Rehab Loans Only) Property sold "as is" with "as is" Rider needed. No Survey or Termite Inspection Given. Taxes prorated 100%. Pre-Approval and copy of the Earnest Money Check must accompany all Offers.
MRED as Distributed by MLS Grid #06686060
Sep 28, 2009
Listing Removed
—
Sep 27, 2007
Listed
*
Public Records
Jan 22, 2007
Sold
$318,000
Public Records
Feb 7, 2002
Sold
$155,000
Year
Property tax
Land + Additions
Assessment*
2023
$4,867 (+2.9%)
$4,687 + $18,312
$22,999
2022
$4,730 (+2.3%)
$4,687 + $18,312
$22,999
2021
$4,625 (+35.6%)
$4,687 + $18,312
$22,999
2020
$3,411 (+19.8%)
$3,671 + $11,639
$15,310
2019
$2,847 (+1.8%)
$3,671 + $13,927
$17,598
2018
$2,798 (−23.2%)
$3,671 + $13,927
$17,598
2017
$3,645 (+2.2%)
$3,281 + $17,025
$20,306
2016
$3,567 (+10.1%)
$3,281 + $17,025
$20,306
2015
$3,240 (+19.7%)
$3,281 + $17,025
$20,306
2014
$2,706 (+2.5%)
$3,125 + $14,030
$17,155
2013
$2,641 (+0.4%)
$3,125 + $14,030
$17,155
2012
$2,631 (−22.1%)
$3,125 + $14,030
$17,155
2011
$3,377 (−9.2%)
$4,375 + $18,483
$22,858
2010
$3,720 (+4.4%)
$4,375 + $18,483
$22,858
2009
$3,564 (+1.2%)
$4,375 + $18,483
$22,858
2008
$3,521 (+43.7%)
$4,500 + $21,892
$26,392
2007
$2,450
$4,500 + $21,892
$26,392
Tax history for 948 N Ridgeway Ave
Year
Property tax
Land + Additions
Assessment*
2023
$4,867 (+2.9%)
$4,687 + $18,312
$22,999
2022
$4,730 (+2.3%)
$4,687 + $18,312
$22,999
2021
$4,625 (+35.6%)
$4,687 + $18,312
$22,999
2020
$3,411 (+19.8%)
$3,671 + $11,639
$15,310
2019
$2,847 (+1.8%)
$3,671 + $13,927
$17,598
2018
$2,798 (−23.2%)
$3,671 + $13,927
$17,598
2017
$3,645 (+2.2%)
$3,281 + $17,025
$20,306
2016
$3,567 (+10.1%)
$3,281 + $17,025
$20,306
2015
$3,240 (+19.7%)
$3,281 + $17,025
$20,306
2014
$2,706 (+2.5%)
$3,125 + $14,030
$17,155
2013
$2,641 (+0.4%)
$3,125 + $14,030
$17,155
2012
$2,631 (−22.1%)
$3,125 + $14,030
$17,155
2011
$3,377 (−9.2%)
$4,375 + $18,483
$22,858
2010
$3,720 (+4.4%)
$4,375 + $18,483
$22,858
2009
$3,564 (+1.2%)
$4,375 + $18,483
$22,858
2008
$3,521 (+43.7%)
$4,500 + $21,892
$26,392
2007
$2,450
$4,500 + $21,892
$26,392
*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
4
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
3,125 Sq. Ft.
Year renovated
—
Sq. Ft.
2,560
Year built
1925
Style
Multi-Family (2-4 Unit)
County
Cook County
APN
16023210280000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 11, 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 Exterior Parking Spaces: 2
Parking Space(s)
Parking On-Site
Parking Ownership: Owned Parking
Interior
Bedroom Information
# of Bedrooms: 6
# of Bedrooms (Above Grade): 6
Bathroom Information
# of Baths (Full): 3
Additional Rooms Information
Full Basement
Finished Basement
Equipment
Carbon Monoxide Detectors, Multiple Water Heaters
Heating & Cooling
Gas Heating, Forced Air Heating, 2+ Separate Heating Systems
Multi-Family Information
3 Bedroom Unit(s) in Building
Unit 1 Information
# of Rooms: 6
# of Beds: 3
# of Baths (Full): 1
Floor #: 1
Stove, Refrigerator, Microwave
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Rent: $1,350
Security Deposit: $1,350
Lease Expiration Date: MTM
Unit 2 Information
# of Rooms: 6
# of Beds: 3
# of Baths (Full): 1
Floor #: 2
Stove, Refrigerator, Microwave
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Rent: $1,450
Lease Expiration Date: VAC
Exterior
Building Information
# of Units: 2
Built Before 1978
Recent Rehab (Y/N): Yes
Age: 91-100 Years
Brick Exterior
Lot Information
Dimensions: 25 X 125
Less Than .25 Acre
Zoning: MULTI
Property Information
# of Rooms: 12
Ownership: Fee Simple
Rehab Year: 2010
Parcel Identification Number: 16023210280000
Financial
Financial Information
Tax: $3,645
Tax Year: 2017
Special Service Area: N
Total Rental Income: $3,550
Gross Rental Income: $42,600
Net Operating Income: $36,235
Other Additional Income: Coin Laundry
Finance Code: Conventional
Utilities
Utility Information
Water: Public
Sewer (Public)
Location
School Information
Elementary School District: 299
Junior High District: 299
High School District: 299
Location Information
Township: Jefferson
Corporate Limits: Chicago
Directions: Augusta to Ridgeway south
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 2,560
Stories: 2.0
Lot Size: 3,125 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1925
Year Renovated: —
County: Cook County
APN: 16023210280000
Home facts updated by county records on Jul 11, 2026
Other
Expense Information
Electricity: $720
Listing Information
Sale Price Includes Parking
Possession: Closing
Holds Earnest Money: Yes
Sale Terms: Conventional, FHA
Seller Concessions: No
Around this home
Schools
Cameron Elementary School
Public PreK-8 • Assigned • 0.4mi
4/10
Orr Academy High School
Public 9-12 • Assigned • 0.4mi
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
$391,000 – $473,000
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