7251 S Ridgeland Ave E

Chicago, IL 60649
  • $99,900

    Price
  • 2

    Bed
  • 2

    Bath
  • 936

    SqFt

About the Listing 61151 - 602784,841065

Please don't let the extended marketing timeline discourage you from considering this property. The home initially required Probate, which created unavoidable delays. It was then rescued from foreclosure, and the Executor chose to complete a full renovation to better position it for prospective buyers, adding additional time but significantly enhancing its value. This renovated South Shore townhome offers an excellent investment opportunity, whether you're targeting rental income, affordable housing demand, or short-term rental potential via Airbnb. Inside, you'll find space with wood laminate flooring throughout, along with updated kitchen and bathrooms designed to appeal to both owner-occupants and renters. The upper level features a relaxing Jacuzzi bath, while a main-level half bath adds convenience and practicality. A fully finished basement offers valuable, flexible space-ideal for a family room, office, or entertainment area-that enhances both livability and rental appeal. Located just minutes from the lakefront, key cultural attractions, and the future Obama Presidential Library, this property is well-positioned for long-term appreciation and strong tenant demand. With no HOA fees, you'll also benefit from lower ongoing expenses and improved cash flow. Move-in ready and low-maintenance, this home combines modern upgrades with a prime location. Schedule a viewing today to see the income and value potential for yourself.

Listing Highlights

Status Pending
Days on Site 128
Property Type Condo/Townhome
MLS ® 12454373
Year Built 1965
Total Square Footage 936
Lot/Acreage 20X20
County Cook
School District 299

Interior Details

  • Bedrooms: 2
  • Bathrooms: 1 Full / 1 Half
  • Appliances:
  • Air Cond:
  • Heating: Natural Gas
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Partially Finished,Full
  • Other: Cats OK,Dogs OK
  • Water: Lake Michigan

Exterior Details

  • Garage Capacity: N/A
  • Parking Spaces: 1
  • Lot Dimensions: 20X20
  • Roof:
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Off Alley,Yes,Owned

Financial Details

  • Tax Amount: $1,315
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 20251160250000
  • Tax Year: 2023

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7251 S Ridgeland Ave E Chicago, IL 60649

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Originating MLS: mred

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