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$625,000
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Property Description
Prime investment & development opportunity in hot Avondale! Fantastic opportunity for investors and developers in the rapidly appreciating Avondale neighborhood! This offering includes two full-size lots with separate PIN numbers, featuring a brick 2-flat on one lot that's ready for renovation or redevelopment. A large garage/storage structure extends the full length of the yard, adding even more potential. The property is zoned RS-3 and sits in a highly desirable area surrounded by new construction and redevelopment projects. The location is exceptionally convenient, close to transportation, shopping, and dining. This is an estate sale-a rare chance to capitalize on one of Chicago's hottest neighborhoods.
Full Property Details
Full Property Details for 2848-50 N Ridgeway Ave
General
- Sold For: $625,000
- Taxes: $9,700 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12465612
- Added to Site: 120 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 6
Additional Information
- Other Features: Commuter Bus
Parking
- Garage: Yes
- Garage Spaces: 5
- Total Spaces: 5
- Parking Features: Garage, Yes, Garage Owned, Detached
Location
- Area: CHI - Avondale
- County: Cook
- Driving Directions: Ridgeway Ave North of Diversey one-way going South
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas, Steam
Utilities
- Water: Lake Michigan
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Finished, Full, Walk-Out Access
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Year Built: 1908
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Additional Structures
- Other Structures: Garage(s)
Lot Features
- Lot Size Range: Oversized Chicago Lot
- Lot Dimensions: 50 x 125
- Fence: Yes
- Lot Features: Garden, Level
- Fencing (Description): Fenced
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1908
- Tax Amount: $9,700.63
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 13261270300000
Listed by Century 21 Circle
Sold by Compass
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Price & Sales History for 2848-50 N Ridgeway Ave
Date
Details
Price
Change
Source
12/15/2025
Sold
$625,000
-10.59%
MLS
9/17/2025
Listed
$699,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2848-50 N Ridgeway Avenue, Chicago, IL 60618 (MLS# 12465612) is a Multi-Family property that was sold at $625,000 on December 15, 2025. Want to learn more about 2848-50 N Ridgeway Avenue? Do you have questions about finding other Multi-Family real estate for sale in Avondale? You can browse all Avondale real estate or contact a Coldwell Banker agent to request more information.

