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Samuel Stella

sam@stellarresultsrealty.com +1(224) 426-4652

$ 599,000

Est. payment -/mo

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Active Under Contract

5030 N Ridgeway AVE Chicago, IL 60625

4 Beds

2 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active Under Contract

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 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.

Location

State IL

County Cook

Area Chi - Albany Park

Rooms

Basement Unfinished, Full

Interior

Heating Radiator(s)

Equipment Ceiling Fan(s)

Fireplace N

Exterior

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

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

Listed by Irene Alwan of Berkshire Hathaway HomeServices Chicago

Samuel Stella

Designated Managing Broker / Owner | License ID: 471.021016

+1(224) 426-4652

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Samuel Stella

5030 N Ridgeway AVE Chicago, IL 60625

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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5030 N Ridgeway AVE