Closed

$599,000

5030 Ridgeway Avenue, Chicago, IL 60625
4 Beds2 Baths6 days
5030 Ridgeway Avenue·Chicago, IL 60625
4Bedrooms
2Bathrooms
1923Year Built
About This Home

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.

MLS# 12671805Listed June 16, 2026Residential Income
Property Details

Beds & Baths

Total Bedrooms4
Total Bathrooms2
Total Rooms17

Size & Structure

Year Built1923
Lot Size30 x 124.63

Location

CountyCook
TownshipJefferson
Zip Code60625

Financial

List Price$599,000
Annual Taxes (2024)$9,877
Monthly Tax Est.$823
Parcel #13113090250000
Interior Features

Heating

Radiator(s)

Basement

UnfinishedFull
Exterior & Lot

Construction

Brick
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

YesOwned
HOA & Community

Community Features

ParkTennis Court(s)CurbsSidewalksStreet LightsStreet Paved
Tax & Financial
Annual Taxes
$9,877
Tax Year 2024
Monthly Tax Est.
$823
per month
Property Location

5030 Ridgeway Avenue, Chicago, IL 60625 — Cook County

$599,000
5030 Ridgeway Avenue
4 bd2 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
6 days on market
30 x 124.63
$9,877/yr taxes
$3,971
estimated monthly payment
Principal & Interest
$3,148/mo
Property Tax
$823/mo
$599,000
20% — $119,800
3%50%
6.875%
3%12%
Loan Amount
$479,200
Down Payment
$119,800

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

Listed by
Berkshire Hathaway HomeServices Chicago
Agent: Irene Alwan
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