Chicago, IL 60649,7251 S Ridgeland AVE #E
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Chicago, IL 60649,7251 S Ridgeland AVE #E
Chicago, IL 60649,7251 S Ridgeland AVE #E
Chicago, IL 60649,7251 S Ridgeland AVE #E
Chicago, IL 60649,7251 S Ridgeland AVE #E
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$ 99,900
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Active Under Contract

7251 S Ridgeland AVE #E Chicago, IL 60649

2 Beds

1.5 Baths

936 SqFt


UPDATED:

Key Details

Property Type Townhouse

Sub Type Townhouse-2 Story

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 936 sqft

Price per Sqft $106

MLS Listing ID 12454373

Bedrooms 2

Full Baths 1

Half Baths 1

Rental Info Yes

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

Area Chi - South Shore

Rooms

Basement Partially Finished, Full

Interior

Heating Natural Gas

Cooling None

Fireplace N

Exterior

Amenities Available None

Building

Dwelling Type Attached Single

Building Description Brick, No

Story 2

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

HOA Fee Include None

Ownership Fee Simple

Special Listing Condition None

Pets Allowed Cats OK, Dogs OK


Midwest Real Estate Data (MRED) IDX
Listed by Dawn Haley of  ASAGA Realty & Housing Development 
Laurie Field

Laurie Field

Real Estate Advisor

+1(312) 504-7010

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7251 S Ridgeland AVE #E