1016 N RIDGEWAY Avenue

$550,000

1016 N RIDGEWAY Avenue

11 Beds 5 Baths

Description

Gorgeous Brick Bungalow in front and Brick 2 Flat in back with tons of updates throughout. Check out this unique 3 unit in Humboldt Park ideal for multi-generational living or rental income! The Massive Front Brick Bungalow features 5 Bedrooms, (3 on main & 2 up) and 1.5 Bathrooms, unfinished basement with potential to duplex (high ceilings). Perfect for owner occupant to live in one unit and collect passive income from the 2 units. Rear Building features a Duplexed 4 bedrooms, 2 bathrooms plus the top floor unit has additional 2 bedroom and 1 bathroom currently rented to long term tenant paying below market rent. Bonus: ALL units have separate utilities. Front has radiant heating and rear has separate central heating and hot water tanks. Owner recently added drain tile system & sump pump to rear unit and updated 2 of the 3 units with new quartz countertops and shaker cabinetry in kitchens, updated bathrooms, freshly painted, new light fixtures, carpeting, and LVT flooring. Both Roofs are tear off and 3 years new! All Electrical & plumbing updated in 2010/2011. Too many upgrades to list. This block has easy permit parking all day. Your buyers will love the opportunity and the flexibility this property offers!

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Location

1016 N RIDGEWAY Avenue, Chicago, IL 60651

Status

Sold

Date Sold

July 31, 2024

Alejandro Trujillo

TITLE

Real Estate Consultant

PHONE

(630) 728-0843

[email protected]

CONTACT AGENT

Property Amenities

Interior

Total Bedrooms: 11

Area & Lot

MLS® ID 12039022

Year Built 1926

School District 299

Architecture Styles Bungalow

Type Multi-Family

Status Sold

Exterior

Heat type Natural Gas, Forced Air, Radiant

Water Source Lake Michigan, Public

Sewer Public Sewer

Roof Asphalt, Flat

Finance

Sales Price $550,000

Real Estate Tax $5,553 yearly

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1016 N RIDGEWAY Avenue, Chicago, IL 60651

11 BEDS
5 BATHS

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Chicago

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With a focus on continuing to educate their agents and continued attention to an amazing culture they have built, Alejandro & Mike have a huge vision for RE/MAX NEXT and their clients and work every day to achieve it.

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$550,000