7251 S Ridgeland Avenue #E, Chicago, IL 60649
7251 S Ridgeland Avenue #E, Chicago, IL 60649
7251 S Ridgeland Avenue #E, Chicago, IL 60649
7251 S Ridgeland Avenue #E, Chicago, IL 60649
7251 S Ridgeland Avenue #E, Chicago, IL 60649
7251 S Ridgeland Avenue #E, Chicago, IL 60649
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Listed by Dawn Haleyof ASAGA Realty & Housing Development
Bought with Vadie Reese of Serene Realty, Inc.

$103,000

$99,900

3.1%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

2 Beds

1.5 Baths

936 SqFt


SOLD DATE : 02/05/2026

Key Details

Sold Price $103,000

Property Type Townhouse

Sub Type Townhouse-2 Story

Listing Status Sold

Purchase Type For Sale

Square Footage 936 sqft

Price per Sqft $110

MLS Listing ID 12454373

Sold Date 02/05/26

Bedrooms 2

Full Baths 1

Half Baths 1

Year Built 1965

Annual Tax Amount $1,315

Tax Year 2023

Lot Dimensions 20X20

Property Sub-Type Townhouse-2 Story

Property Description

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.

Location

State IL

County Cook

Rooms

Basement Partially Finished, Full

Interior

Heating Natural Gas

Cooling None

Fireplace N

Exterior

Community Features None

View Y/N true

Building

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick

New Construction false

Schools

School District 299, 299, 299

Others

Pets Allowed Cats OK, Dogs OK

HOA Fee Include None

Ownership Fee Simple

Special Listing Condition None

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Midwest Real Estate Data (MRED) VOW

Nearby Locations

Vadie Reese

+1(312) 560-0208

vadie@serenerealtyinc.com

2600 S. Michigan Avenue, Suite 102, Chicago, IL, 60616

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