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$485,000
7
beds
3
baths

1940 S Ridgeway Avenue
Chicago, Illinois 60623

Re-activated / MLS #12312125 / Multiple Unit (2-4) / North Lawndale
Listing information updated 4/2/2025 at 12:05pm
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.
Exterior Type:
Brick
Basement:
Finished,Full
Beds Above Grade:
7
Heating System:
Other
Pool:
No
Age:
100+ Years
Roof Type:
Rubber
Parking Type:
Off Alley,Alley Access,On Site,Owned
Parking Spaces:
2
Room Count:
18
Water Front:
No
Square Feet:
N/A
Lot Size:
Less Than .25 Acre
Tax Amount:
$2,011
Tax Year:
2023
Zip Code:
60623
City:
Chicago
County:
Cook
School District(s):
299
Elementary School:
N/A
Middle School:
N/A
High School:
N/A

Listing Office: Compass

Listing Office Phone: 312.733.7201

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 4/2/2025 at 12:05pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

CTA

CTA
Green line at Kedzie
CTA
Pink line at Central Park
$183,645
Average Sale Price
177
Average Days On The Market
98%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 1940 S Ridgeway Avenue, Chicago, IL 60623

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1940 S Ridgeway Avenue is a multiple unit (2-4) currently listed at $485,000. 1940 S Ridgeway Avenue features 7 Beds, 3 Baths. This multiple unit (2-4) has been listed on @properties | Christies International Real Estate since March 17th, 2025 and was built in 1896. The nearest transit stops include Kedzie CTA Green line.

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