5030 N Ridgeway AVE, Chicago, IL 60625
5030 N Ridgeway AVE, Chicago, IL 60625
5030 N Ridgeway AVE, Chicago, IL 60625
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Listed by Irene Alwanof Berkshire Hathaway HomeServices Chicago
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Est. payment /mo
4 Beds
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12671805

Bedrooms 4

Year Built 1923

Annual Tax Amount $9,877

Tax Year 2024

Lot Dimensions 30 x 124.63

Property Sub-Type Two to Four Units

Property Description

A true Northwest side Chicago classic, this all-brick 2-flat is located on one of the most desirable three-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 or an owner-occupied house hacking opportunity (living in one unit and having the other assist in covering your mortgage)...this 2-flat 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), 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.

Location

State IL

County Cook

Community Park, Tennis Court(S), Curbs, Sidewalks, Street Lights, Street Paved

Rooms

Basement Unfinished, Full

Interior

Fireplace N

Exterior

View Y/N true

Building

Structure Type Brick

New Construction false

Schools

School District 299, 299, 299

Others

Ownership Fee Simple


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