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About the Listing 18505 - 880619
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 Highlights
Status
Active
Days on Site
6
Property Type
Multi-Family
MLS ®
12535068
Year Built
1903
Total Square Footage
0
Lot/Acreage
25X125
Interior Details
- Bedrooms: 7
- Bathrooms: 3 Full
- Appliances:
- Air Cond:
- Heating: Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Finished,Full
- Other:
- Water: Lake Michigan
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 2
- Lot Dimensions: 25X125
- Zoning: MULTI
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Off Alley,Yes
Financial Details
- Tax Amount: $4,446
- Taxes w/Assessments: N/A
- Tax/Property ID: 16231260280000
- Tax Year: 2023
Payment Calculator
Monthly Payment
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Questions About..
1540 S Ridgeway Ave Chicago, IL 60623
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