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2011 Chicago Ave, Richmond, VA, 23224

2beds
2baths
960sqft
$214,999
$224price/sqft
$1,610/moest. monthly cost
$64,400/yrincome needed

About This Home

Great investment opportunity in the City of Richmond! This two-level home offers solid potential for an investor, landlord, or buyer looking to add value. 3 Bedroom and 2 bath ! Conveniently located near major highways, shopping, dining, and downtown Richmond. Property is being sold strictly AS-IS. Bring your vision and make this a strong addition to your rental portfolio or next renovation project. Owner Financing Available !

Getting Around

52
WalkingSomewhat Walkable
44
TransitSome Transit
57
BikeBikeable

Schools

1/10
1/10
Binford Middle SchoolGrades 6-82.7 mi
2/10
Armstrong High SchoolGrades 9-123.7 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1920

Materials

  • Roof: Asphalt,Shingle
  • Construction materials: Block,Vinyl Siding,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Water Heater

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Bedroom on Main Level,Dining Area,High Ceilings,Laminate Counters
  • Flooring: Carpet,Laminate,Vinyl,Wood
  • Fireplace features: Masonry
  • Fireplace: Yes
  • Attic: None
  • Finished area below ground: 0
  • Finished area above ground: 960

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 960 sqft

Master Bedroom

  • Level: First

Master Bedroom

  • Level: Second

Other

  • Level: First

Other

  • Level: Second

Property

Details

  • Parcel number: S0000347018
  • Zoning description: R-7

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: Deck,Porch
  • Exterior features: Deck,Porch
  • Fencing: Full

Lot

  • Lot size: 3,480 sqft

Parking

  • Parking features: No Garage,Off Street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

No climate risk data available.

How This Home’s Risks Compare

FEMA Declared Disasters Across Virginia Counties

Severe Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,087$13,044
Home Insurance *$108$1,296
Property Taxes $213$2,556
Electricity $202$2,433
Total$1,610$19,320
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$55,200/yr
40% on housing$48,300/yr
45% on housing$42,933/yr

Virginia FAIR Plan Programs

Virginia Property Insurance Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 22,622Commercial: 503
Total Premiums$20.86M
Total Exposure$4.29B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.7%
8.7%
0%30.0%
Electricity Growth Rate10-year average: 7.8%
7.8%
0%15.0%
Property Taxes Growth Rate2-year average: 7.8%
7.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$224This listing

vs Other Active Listings

Avg $/sqft

ZIP 23224$141
Richmond City$217

vs Homes Sold Last Month

Median $/sqft

ZIP 23224$200
Richmond City$226

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-09Price change$198,000
2026-07-24Price change$214,999
2026-07-16Price change$229,999
2026-07-06Price change$234,999
2026-06-27Listed for sale$250,000
2022-10-06Sold$95,000

For Sale by Agent

AgentMike Barrera Najarro
BrokerageMid Atlantic Real Estate

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