Closed

$699,000

2848-50 Ridgeway Avenue, Chicago, IL 60618
6 Beds3 Baths58 days
2848-50 Ridgeway Avenue·Chicago, IL 60618
6Bedrooms
3Bathrooms
1908Year Built
About This Home

Prime investment & development opportunity in hot Avondale! Fantastic opportunity for investors and developers in the rapidly appreciating Avondale neighborhood! This offering includes two full-size lots with separate PIN numbers, featuring a brick 2-flat on one lot that's ready for renovation or redevelopment. A large garage/storage structure extends the full length of the yard, adding even more potential. The property is zoned RS-3 and sits in a highly desirable area surrounded by new construction and redevelopment projects. The location is exceptionally convenient, close to transportation, shopping, and dining. This is an estate sale-a rare chance to capitalize on one of Chicago's hottest neighborhoods.

MLS# 12465612Listed September 17, 2025Residential Income
Property Details

Beds & Baths

Total Bedrooms6
Total Bathrooms3
Total Rooms12

Size & Structure

Garage Spaces5
Year Built1908
Lot Size50X125

Location

CountyCook
TownshipJefferson
Zip Code60618

Financial

List Price$699,000
Annual Taxes (2023)$9,701
Monthly Tax Est.$808
Parcel #13261270300000
Interior Features

Heating

Natural GasSteam

Basement

FinishedFullWalk-Out Access
Exterior & Lot

Construction

Brick

Roof

Asphalt

Foundation

Concrete Perimeter

Lot Features

GardenLevel
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

GarageYesGarage OwnedDetached
HOA & Community

Community Features

SidewalksStreet Lights
Tax & Financial
Annual Taxes
$9,701
Tax Year 2023
Monthly Tax Est.
$808
per month
Property Location

2848-50 Ridgeway Avenue, Chicago, IL 60618 — Cook County

$699,000
2848-50 Ridgeway Avenue
6 bd3 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
58 days on market
5-car garage
50X125
$9,701/yr taxes
$4,482
estimated monthly payment
Principal & Interest
$3,674/mo
Property Tax
$808/mo
$699,000
20% — $139,800
3%50%
6.875%
3%12%
Loan Amount
$559,200
Down Payment
$139,800

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Century 21 Circle
Agent: Stan Sierotnik
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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