Chicago, IL 60623,1940 S Ridgeway Avenue
Chicago, IL 60623,1940 S Ridgeway Avenue
Chicago, IL 60623,1940 S Ridgeway Avenue
71
$485,000
$485,000
Est.Price: ?

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7 BD

1940 S Ridgeway Avenue Chicago, IL 60623

Est. payment /mo
SOLD DATE : 06/06/2025

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Key Details

Sold Price $485,000

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 12312125

Sold Date 06/06/25

Bedrooms 7

Year Built 1896

Annual Tax Amount $2,011

Tax Year 2023

Lot Dimensions 25X116

Property Sub-Type Two to Four Units

Property Description

Come take a look at this Absolutely Gorgeous Full Gut Rehab ((Legal 2 Flat with 3 full units)) in the Smoking Hot Lawndale Medical District area. The 3rd unit could easily be rented out not a problem, but it could also make for a great AirBNB as close as it is to the Medical District for traveling nurses and other Medical professionals that travel often. The 1st & 2nd floors are both (3) bedrooms (1) bathroom Condo quality Rehabbed Apartments ready to be rented out. The Lower level is complete and ready to be rented out as well. The entire property has all new Kitchens, Bathrooms, All New Electric and Plumbing. New quartz Countertops throughout the Kitchens and Bathrooms. New Roof, New Hot water tanks, New Furnaces, New Electric lines, New Plumbing, (2) New AC Condensers. A New Catch Basin along with a New Sewer Line, New front Concrete Stairs, New Back Walkway, New Concrete Base for the Parking Pad,. There's nothing left to be done here at this property except close on it and find the right tenants which should be easy as close to the Medical District as it is. The property sits only two blocks away from the closest CTA train station. And all other major transportation is super close by.

Location

State IL

County Cook

Community Park, Curbs, Gated, Sidewalks, Street Lights, Street Paved

Zoning MULTI

Rooms

Basement Finished, Full

Interior

Heating Other

Fireplace N

Exterior

Exterior Feature Lighting

View Y/N true

Roof Type Rubber

Building

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction false

Schools

School District 299, 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

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Listed by David Mishel • Compass
Bought with Maria Zaleski • Kale Realty
agent

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