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Two-Unit Duplex with Basement
New
For Sale
$260,000

1010 N Ridgeway Avenue, Chicago, IL 60651

Chicago duplex with distinct living and dining rooms, bedroom layouts, and a partially finished basement level.

Property SizeContact for details
Days on Market4

Property Features for 1010 N Ridgeway Avenue

General Information

Standard status Active
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence in need of repairs/rehab

Units

Unit Mix 1 x 2BR/1BA, 1 x 3BR/1BA, 1 x 2 rooms, 1 bath
Multifamily Units 3

Amenities

Natural Gas
Forced Air

Building Details

Year Built 1898
Construction Greystone
Listing Agency: Coldwell Banker Realty
Listed By: Anita Halsey
Source: Kw
Added: Aug 31 Changed: Sep 1 Last Checked: Sep 1 at 9:40PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty

Investment Insights

Based on property information with market context.

This two-unit residential income property at 1010 N Ridgeway Avenue in Chicago offers separate living and dining rooms on both floors. The first-floor unit contains two bedrooms and one bathroom, while the second-floor unit has three bedrooms and one bathroom. The basement includes two rooms and an additional bathroom. The property is identified as needing repairs or rehabilitation.

A newer furnace, installed less than 12 months ago, provides heat to the first floor and basement. The second floor is heated by a wall-mounted space heater. Interior systems include natural gas and forced air. Built in 1898, the property is located in Humboldt Park.

Key Highlights

  • Two‑unit layout with a 2‑bedroom first‑floor unit and a 3‑bedroom second‑floor unit
  • Each main‑floor unit includes separate living and dining rooms
  • Basement contains 2 rooms and 1 bath

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic (Bike/Boat/Book/etc) Store Locksmith Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,074
Businesses Nearby

Demographics for 60651, IL

62,819
Population
22,885
Households
2.7
Avg Household Size
36
Median Age
16%
College-Educated
77%
High-School Grad
3.5 sq mi
ZIP Area
17,948
Density / Sq Mi
$52,963
Median Household Income
$33,783
Median Earnings
$1,186
Median Rent
$262,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Chicago duplex with distinct living and dining rooms, bedroom layouts, and a partially finished basement level.
Where is this duplex located?
The property is located at 1010 N Ridgeway Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: Two‑unit layout with a 2‑bedroom first‑floor unit and a 3‑bedroom second‑floor unit; Each main‑floor unit includes separate living and dining rooms; Basement contains 2 rooms and 1 bath
More about this property
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