Movoto Real Estate
Sold on 09/23/2024
Matthew Kontos of ARNI Realty Incorporated

5040 N Ridgeway Ave, Chicago, IL 60625

$850,000

Last sold 09/23/2024 after 15 Days

  • 4

    bed

  • 4

    bath

Multi-family not for sale

About 5040 N Ridgeway Ave

Property type Multi-family
Neighborhood
Year built 1926
HOA fee $0/month
Lot size 5,227 Sqft
Parking 3 garage spaces
Rental estimate
Property description
Back on market due to buyer financing falling through. Stunning 2-story, 2-unit building in sought-after Albany Park, combining modern updates with vintage charm. Located on a peaceful cul-de-sac near Eugene Field Park, this property offers a community feel with easy access to activities and nature. Each unit boasts 2 bedrooms, 2 full baths, a den/sunroom that can serve as a 3rd bedroom, and a large eat-in kitchen. The living room features an original decorative fireplace, complemented by an impressive dining room and updated kitchens. The second-floor unit includes updated bathrooms with heated floors, an island kitchen with a walk-in pantry, and easy-care vinyl flooring throughout the unit. The first-floor unit features a quartz breakfast bar, modern bathroom upgrades, a brand-new refrigerator, and original hardwood floors throughout. Outside, a heated two-and-a-half car brick garage and private driveway provide ample parking, while the brick-paved backyard is ready for relaxation or entertaining. The expansive basement offers additional laundry space, plumbing for an extra bath, and ample storage options. Recent updates include a complete tear-off roof (2023), a brand-new water heater for the second-floor unit (2024), newer windows, and updated tuckpointing, ensuring this building is move-in ready. This unique, owner-occupied property is truly a rare find, offering immediate possession. For showing requests or inquiries call or text listing agent Matthew Kontos.
Listed by
Listing Agent - Matthew Kontos
Listing Office - ARNI Realty Incorporated
Source: MRED mls logo
MLS#12158532 • last updated 2 years ago
Movoto checked MRED for data 18 minutes ago
Overview
Heating Radiator(s)
MLS # 12158532
Virtual Tour N/A
SubType 2 Flat
Status Closed
Type Two To Four Units
Lot Size (Acres) 0.12
Property Tax $ 9706.91
Year Built 1926
Interior
Basement Full, Unfinished
Total # of Rooms 12
Exterior
Exterior Brick
# Garage Spaces 2.5
Parking Desc Garage
Garage Desc Detached
Lot Desc Less Than 0.25 Acre
Amenities / Utilities
Sewer/ Septic Desc Public Sewer
Water Source Lake Michigan
# Units in Building 2
Location
Area CHI - Albany Park
County Cook
Community Features Park
Elementary School District 299
Middle School District 299
High School District 299
APN 13113090220000
Zoning MULTI
Directions Foster East To Ridgeway Ave
We are not permitted to show value estimates for this property.
  • Oct 2024
    mls logo MLS # 12158532
  • Oct 9, 2024 Sold
    $850,000 (-2.3%)
  • Sep 24, 2024 Active
    —
  • Sep 18, 2024 Listed
    —
  • Sep 15, 2024 Active
    —
  • Sep 8, 2024 Listed
    $869,900 (+155.9%)
  • Jul 2012
    Public Records
  • Jul 16, 2012 Sold
    $340,000
  • Jul 2012
    mls logo MLS # 08083706
  • Jul 3, 2012 Sold
    $340,000 (-9.3%)
  • Jun 4, 2012 Listed
    $375,000
  • Year Property taxes Tax assessment
  • 2023
    $10,409 +2.6%
    $62,001 +26.13%
  • 2022
    $10,147 +2.3%
    $49,158
  • 2021
    $9,918 +25.2%
    $49,158 +38.73%
  • 2020
    $7,921 -3.5%
    $35,434 -13.0%
  • 2019
    $8,210 +1.7%
    $40,729
  • 2018
    $8,071 +2.7%
    $40,729 +11.96%
  • 2017
    $7,857 +7.5%
    $36,377
  • 2016
    $7,310 -8.8%
    $36,377 -16.53%
  • 2015
    $8,014 -7.0%
    $43,580
  • 2014
    $8,615 +2.0%
    —
  • 2013
    $8,445
    —
  • 5040 N Ridgeway Ave
    $850K
  • Albany Park
    $399K +29% y/y
  • 60625
    $389K +3% y/y
  • Chicago
    $360K 0% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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