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1019 North Ridgeway Avenue

1019 North Ridgeway Avenue, Chicago, IL 60651
Property in Humboldt Park
Sold Oct 27, 2022
$177,500
$4,690,750 by American Community Bank & Tr
Mortgage
Sold Mar 31, 2022
$110,000
1019 North Ridgeway Avenue in Chicago, IL was first built in 1910 and is 114 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a multifamily style. There are a total of 2 floors. There are a total of 10 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1019 North Ridgeway Avenue has 2,288 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 250 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 3,750 square feet.

Learn more about the property and building on this page. The roof of the home is made of tar and gravel. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a detached garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1019 North Ridgeway Avenue sold most recently in Oct 18, 2022 for a total of $177,500. If you work out the math, that's approximately a cost of $77.58 per sqft. Before that, the property was also sold for $110,000 in Mar 23, 2022. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,731 in taxes each year. 1019 North Ridgeway Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $23,000. If we break it down further, the land itself was valued at $5,625. Improvements to the property, however, were assessed at a total of $17,375. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,750
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 2,288
  • Gross Building Area: 2,288
  • Building Area: 2,288
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,288
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TREATS SUB
  • Land Acres: 0.086
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (TREATS) SUB OF NE SW SEC 02-39-13

Ownership

  • Current Owner : DRE REALTY INVESTMENTS LLC
  • Previous Owner : FRESH START FINANCIAL LLC-SERIES 5
  • Owner Before Previous Owner: BIBBS IXCHEL R
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 231200

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 16-02-314-016-0000
  • Block: 6
  • Lot: 31,32
  • Meridian: SEC 02 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8997
  • Longitude: -87.7198

    Address

  • Full Address: 1019 N Ridgeway Ave
  • Address - House Number: 1019
  • Street Direction: N
  • Address - Street Name: Ridgeway
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C011
  • 4-Digit Zip Code: 3840
  • Zip Code: 60651

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,731
  • Tax Rate Code Area: 77052

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 303,032
  • High Value: 348,770
  • Low Value: 257,293

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $4,690,750
  • First Open Lien Mortgage Lender: AMERICAN COMMUNITY BANK & TR
  • First Open Lien Mortgage Recording Date: Apr 19, 2023
  • First Open Lien Mortgage Loan Amount: $4,690,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $230,000
  • Market Land Value: $56,250
  • Market Improvement Value: $173,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $23,000
  • Assessed Land Value: $5,625
  • Assessed Improvements Value: $17,375

    Sales

  • Current Sale Contract Date: Oct 18, 2022
  • Current Sale Recording Date: Oct 27, 2022
  • Current Sale Transaction ID: 11905305886
  • Current Sale Price: $177,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 8090
  • Previous Sale Recording Date: Mar 31, 2022
  • Previous Sale Contract Date: Mar 23, 2022
  • Previous Sale Amount: $110,000
  • Previous Sale Document Type: Warranty Deed

About Northwest Side



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Frequently Asked Questions

What neighborhood is 1019 North Ridgeway Avenue located in?
The 1019 North Ridgeway Avenue is a located in the neighborhood of Humboldt Park in Northwest Side, Chicago.
What is the average sales price for listings in 1019 North Ridgeway Avenue?
The average sales price for units in 1019 North Ridgeway Avenue is $0 currently.

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