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5030 N Ridgeway Avenue , Chicago, IL 60625

$599,000
  • 5030 N Ridgeway Avenue , Chicago, IL 60625 Main Photo

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New to the Market New
BEDS4 BATHS2 full MLS#12671805
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

Property Description

A true Northwest side Chicago classic, this all-brick 2-flat is located on one of the most desirable tree-lined streets in the heart of Albany Park -- a prime location offering an urban-suburban feel! Whether you are looking for an income generating rental investment property; an owner-occupied house hacking opportunity (living in one unit and having the other assist in covering your mortgage) or converting this 2-flat to your personal residence...it is priced to sell! Each of the two spacious units, currently rented, features: a gracious living room with abundant front facing windows; a large separate dining room; eat-in kitchen with pantry; two bedrooms; full bath and a den, which could be used as a third bedroom. Both units, as well as the basement feature access to both the front and a side entrance via interior staircases. This home, which boasts some of its distinctive original woodwork, doors, built-ins, stain glass windows, hardwood floors, fireplace (on the second floor only), is being sold AS IS and awaits your vision and updates! A shared unfinished basement with coin-operated laundry area provides additional storage and features a newer boiler replaced in 2023. The backyard has a grassy area and a concrete parking pad for two vehicles. Convenient to transportation, this home is close to the CTA Brown Line, Blue Line, the Irving Park Metra, and offers quick access to I-90/94 and O'Hare Airport. Additional nearby features include: the scenic North Branch Trail; Eugene Field Park and kids playground, North Park University, Northeastern Illinois University, Gompers Park, schools, shopping and dining. A perfect opportunity to own an income generating home in a neighborhood, where rents are in demand and property values are climbing! NOTE: For those looking to purchase an owner-occupied property, this 2-flat is Zoned A and qualifies for the new Homegrown Purchase Assistance Program recently rolled out by the City of Chicago for qualifying and eligible first-time homebuyers...up to $70,000 in maximum assistance.

5030 N Ridgeway Avenue | MLS# 12671805

This multi-family property located at 5030 N Ridgeway Avenue , Chicago, IL 60625 is currently listed for sale with an asking price of $599,000. N Ridgeway Avenue is located within the District 299 school district. Search Chicago real estate on tewing.gogambino.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Unfinished, Full
Basement: Yes
Heating: Radiator(s)
Lot Size: 30 x 124.63
Taxes: $9,877
Year Built: 1923

Feature Descriptions

Additional rooms: Den
Exterior: Brick
Lot Dimensions: 30 x 124.63
Other Equipment: Ceiling Fan(s)
Parcel#: 13113090250000
Parking: Yes, Owned
Sewer: Public Sewer
Total Rooms: 17
Township: Jefferson
Water: Lake Michigan

Local Schools

School District: District 299

Listed By / Shown By

Listed By

Agency Name: Berkshire Hathaway HomeServices Chicago
Agency Phone: 847-510-5000

Shown By

Agent Name: Tom Ewing
Agent Phone: Cell: (815) 703-6677
Agency Title: Gambino Realtors

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Estimated Payment

$ 3,718.64 per month $2,720.84 Principal & Interest $823.08 Property Tax $174.71 Homeowner's Insurance

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