Under Contract

5030 N Ridgeway Avenue

Chicago, IL 60625
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Bed 4

Bed

Bath 2

Bath

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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $599,000

AD Id : 84991957

MLS Id : MRD12671805

Beds : 4

Year Built : 1923

County : Cook

  • Map Map

Map

Feature Features

  • Bedroom Information

    Total Bedroom: 4 Room Types: Den

    Bathroom Information

    Total Baths: 2

    Room Information

    Rooms Total: 17
  • Flooring Information

    Construction Materials: Brick
  • Heating & Cooling

    Heating: Radiator(s) WaterSource: Lake Michigan

  • Building Information

    Year Built: 1923

  • Lot Information

    Lot Dimensions: 30 x 124.63 Lot Size: Less Than .25 Acre

    Property Information

    Property Type: Residential Income Sub Type: Two to Four Units

  • Listing Price Information

    Original List Price:$599000

  • Tax Information

    Annual Tax: $9877 Tax Year: 2024 Parcel Number: 13113090250000 Tax Exemption: None

  • Parking Information

    Total Parking: 2 Yes, Owned

  • Utility Information

    Sewer: Public Sewer Water Source: Lake Michigan
  • Location Information

    City: Chicago Direction: From the intersection of West Foster Avenue & North Pulaski Road (near Gompers Park)...head south on Pulaski to Argyle Street; East on Argyle to Ridgeway Avenue; North on Ridgeway to 5030.
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ByOwner last updated this listing 06/23/2026 @ 18:20

MLS: MRED #12671805 LISTED BY: Irene Alwan, Berkshire Hathaway HomeServices Chicago 847-510-5000 SOURCE: Midwest Real Estate Data LLC (MRED) (Listings courtesy of Midwest Real Estate Data LLC (MRED) as distributed by MLS GRID)

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