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1641 S Ridgeway Ave, Chicago, IL, 60623

5beds
3baths
2,607sqft
$219,000
$84price/sqft
$1,814/moest. monthly cost
$72,560/yrincome needed

About This Home

Spacious & versatile single-family home featuring 4 beds and 2 baths above grade. The finished basement offers a private in-law suite complete with 1 bed, 1 bath, kitchenette and separate entrance/exit- providing flexibility for extended family or guests. Total living space includes 5 bedrooms & 3 bathrooms. The main level includes access to a rear porch deck, perfect for outdoor relaxation and entertaining. Additional features include a one car garage. A washer/dryer hook-up on the main level & in basement. Please note: All appliances belong to the tenants. MAJOR UPDATE: BRAND NEW ROOF TO BE INSTALLED PRIOR TO CLOSING!

Getting Around

68
WalkingSomewhat Walkable
67
TransitGood Transit
68
BikeBikeable

Construction

Condition

  • Year built: 1903

Materials

  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Finished,Full

Bedroom2

  • Level: Second
  • Area: 70
  • Dimensions: 10X7

Bedroom3

  • Level: Second
  • Area: 70
  • Dimensions: 10X7

Bedroom4

  • Level: Main
  • Area: 70
  • Dimensions: 10X7

Bedroom5

  • Level: Basement
  • Area: 72
  • Dimensions: 9X8

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Finished area below ground: 647

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 2,607
  • Total interior livable area: 2,607 sqft

Kitchen

  • Level: Main
  • Area: 88
  • Dimensions: 11X8

Living Room

  • Level: Main
  • Area: 160
  • Dimensions: 20X8

Master Bedroom

  • Level: Second
  • Area: 70
  • Dimensions: 10X7

Property

Accessibility

  • Accessibility features: No Disability Access

Details

  • Parcel number: 16233050150000
  • Special condition: None

Features

  • Stories: 2

Lot

  • Lot size: 3,125 sqft
  • Lot size dimensions: 25X125

Parking

  • Total spaces: 1
  • Parking features: Yes,Detached,Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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

  • Cold Wave
    Cold WaveVery High
  • Heat Wave
    Heat WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tornado
Inland Flooding
Winter Weather
Tsunami

FEMA Declared Disasters Across Illinois Counties

Flood
Other
Severe Storm
Straight Line Winds
Tornado

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 $1,107$13,284
Home Insurance *$192$2,304
Property Taxes $315$3,780
Electricity $200$2,406
Total$1,814$21,768
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$62,194/yr
40% on housing$54,420/yr
45% on housing$48,373/yr

Illinois FAIR Plan Programs

Illinois FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,961Commercial: 62
Total Premiums$4.35M
Total Exposure$370.02M

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: 15.1%
15.1%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: -0.8%
-0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$84This listing

vs Other Active Listings

Avg $/sqft

ZIP 60623$219
Cook County$225

vs Homes Sold Last Month

Median $/sqft

ZIP 60623$160
Cook County$219

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
2026-07-10Listed for sale$219,000
2026-07-06Pending sale$219,000
2026-06-17Listed for sale$219,000
2025-08-08Listing removed$220,000
2025-06-24Listed for sale$220,000
2025-06-24Listing removed$250,000
2025-05-19Listed for sale$250,000
2006-07-21Sold$148,000
2006-05-23Sold$109,000
2005-05-11Sold$123,500

For Sale by Agent

AgentDwight Sims
BrokerageHunter's Realty, Inc.

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