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All-Brick 2-Flat with Parking
For Sale
Contact for pricing
Pending

5030 N Ridgeway Avenue, Chicago, IL 60625

All-brick Chicago 2-flat with two rented units, shared basement laundry, and parking for two vehicles.

Property SizeContact for details
Days on Market68

Property Features for 5030 N Ridgeway Avenue

General Information

Standard status Pending
Total Parking Spaces 2
Property subtype Multifamily
Zoning A

Additional Details

Multifamily Units 2

Building Details

Year Built 1923
Stories 2
Tenancy Multi
Listing Agency: Berkshire Hathaway HomeServices Chicago
Listed By: Irene Alwan · License #IL 471012829
Source: Crexi
Added: Jun 16 Changed: Aug 8 Last Checked: Jul 24 at 6:41AM

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 Berkshire Hathaway HomeServices Chicago

Investment Insights

Based on property information with market context.

This all-brick Chicago 2-flat offers two spacious units, currently rented, each featuring a front-facing living room with abundant windows, a separate dining room, an eat-in kitchen with pantry, two bedrooms, a full bath, and a den that may serve as a third bedroom. Both units and the basement have access to a front and side entrance through interior staircases. The property retains original character elements including woodwork, doors, built-ins, stained glass windows, hardwood floors, and a fireplace on the second floor only. The shared unfinished basement includes a coin-operated laundry area for residents, additional storage, and a newer boiler replaced in 2023. Outside, the backyard has a grassy area and a concrete parking pad for two vehicles. The home is being sold “AS IS” and is ready for updates and personalization.

The property is described as a classic Northwest side Albany Park location on a tree-lined street, with convenient access to CTA Brown Line and Blue Line service, the Irving Park Metra, and quick routes to I-90/94 and O’Hare Airport. Nearby amenities referenced in the materials include the North Branch Trail, Eugene Field Park and playground, Gompers Park, North Park University, and Northeastern Illinois University, along with schools, shopping, and dining.

For tenants or owners, the configuration supports straightforward income use with two separate, self-contained units, while also fitting an owner-occupied “house hack” approach where one unit can be lived in and the other can help offset expenses. For buyers planning to occupy, the materials note the property is zoned “A” and qualifies for the City of Chicago’s Homegrown Purchase Assistance Program for eligible first-time homebuyers, with assistance up to a stated maximum amount.

Key Highlights

  • All‑brick Chicago 2‑flat built in 1923 with two spacious units currently rented
  • Each unit includes living room with front windows, separate dining room, eat‑in kitchen with pantry, 2 bedrooms, full bath, and den
  • Den/third bedroom potential: fireplace on the second floor only and some original woodwork, doors, built‑ins, stained‑glass windows, and hardwood floors

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Acupuncture Hotel & Motel (Bike/Boat/Book/etc) 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

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,582
Businesses Nearby

Demographics for 60625, IL

76,525
Population
33,932
Households
2.3
Avg Household Size
36
Median Age
54%
College-Educated
87%
High-School Grad
3.8 sq mi
ZIP Area
20,138
Density / Sq Mi
$85,299
Median Household Income
$48,314
Median Earnings
$1,455
Median Rent
$396,700
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 - All-brick Chicago 2-flat with two rented units, shared basement laundry, and parking for two vehicles.
Where is this duplex located?
The property is located at 5030 N Ridgeway Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: All‑brick Chicago 2‑flat built in 1923 with two spacious units currently rented; Each unit includes living room with front windows, separate dining room, eat‑in kitchen with pantry, 2 bedrooms, full bath, and den; Den/third bedroom potential: fireplace on the second floor only and some original woodwork, doors, built‑ins, stained‑glass windows, and hardwood floors
More about this property
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