7251 S Ridgeland Avenue #E, Chicago, IL 60649 (MLS # 12454373)

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PRICE $99,900 dsIDX morgage calculator
BEDS 2
BATHS 1.5
HOME SIZE 936 sqft
LOT SIZE n/a

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.

DAYS ON MARKET 100 LAST UPDATED 11/26/2025
YEAR BUILT 1965 COMMUNITY CHI - South Shore
COUNTY Cook STATUS Conditional
PROPERTY TYPE(S) Condo/Townhouse/Co-Op

PRICE HISTORY
Prior to Sep 30, '25 $129,900
Sep 30, '25 - Oct 22, '25 $119,900
Oct 22, '25 - Nov 9, '25 $109,900
Nov 9, '25 - Today $99,900


ADDITIONAL DETAILS
AIR None
AREA CHI - South Shore
BASEMENT Full, Partially Finished, Yes
CONSTRUCTION Brick
HEAT Natural Gas
LOT 0
LOT DIMENSIONS 20X20
SEWER Public Sewer
STORIES 2
TAXES 1315.34
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with ASAGA Realty & Housing Development
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