$489,900

1540 S Ridgeway Avenue, Chicago, IL 60623

  • 7 beds |
  • 3 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1903
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 6 days ago

Property Description

Welcome to a stunning 2025 full-gut rehabbed 2-flat located in the rapidly appreciating Lawndale neighborhood. Perfect for investors or owner-occupants looking for rental income, this property offers the perfect blend of modern finishes, functionality, and value. The first-floor duplex features 4 bedrooms and 2 full baths, offering generous living space ideal for larger households or higher rent potential. The second-floor unit includes 3 bedrooms and a full bath, perfect for an owner's unit or solid long-term tenant. Both units feature modern layouts, modern kitchens with quartz countertops, stainless steel appliances, new shaker cabinets, and designer bathrooms with contemporary tile and fixtures. Completely rebuilt from top to bottom with brand-new electrical (200-amp service), plumbing, HVAC, central air, roof, windows, and hardwood flooring. Exterior updates include fresh tuckpointing, rear deck, and fenced yard for added privacy. Separate utilities make this a true turnkey investment. Centrally located near Douglas Park, Kedzie Ave, and minutes to the expressway-this property is surrounded by ongoing development and community revitalization. Nothing to do but move in or rent out and start cash flowing. Schedule your showing today-this one won't last!

Listing Status:
Active
Listing Office:
Chicagoland Brokers, Inc. : 312-638-3341
Listing Agent:
Marcus Carter : 312-638-3341
MLS ID:
12535068
  • Basement: FinishedFull
  • Heating: Natural Gas
  • Parking: Off AlleyYesParking spaces: 2
  • Originating MLS: mred
  • School District: 299
  • County: Cook
  • Zoning: MULTI16231260280000
  • Water: Lake Michigan
  • Sewer: Public Sewer
  • Source: mred
  • Ownership: Fee Simple

This listing courtesy of Marcus Carter, Chicagoland Brokers, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

K

Kipp Chicago Charters - Ascend Academy

1616 S Avers Ave, Chicago, IL, 60623

Grades KG-8

0.15 miles away

K

Kipp Chicago Charters - Ascend Academy

1616 S Avers Ave, Chicago, IL, 60623

Grades KG-8

0.15 miles away

Y

Yccs-Cca Academy High School

1231 S Pulaski Rd, Chicago, IL, 60623

Grades 9-12

0.48 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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