7251 S Ridgeland Avenue #E, Chicago, IL 60649
Local realty services provided by:ERA Naper Realty
7251 S Ridgeland Avenue #E,Chicago, IL 60649
$99,900
- 2 Beds
- 2 Baths
- 936 sq. ft.
- Townhouse
- Active
Listed by: dawn haley
Office: asaga realty & housing development
MLS#:12454373
Source:MLSNI
Price summary
- Price:$99,900
- Price per sq. ft.:$106.73
About this home
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.
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Home facts
- Year built:1965
- Listing ID #:12454373
- Added:220 day(s) ago
- Updated:November 16, 2025 at 12:41 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:1
- Half bathrooms:1
- Living area:936 sq. ft.
Heating and cooling
- Heating:Natural Gas
Structure and exterior
- Year built:1965
- Building area:936 sq. ft.
Utilities
- Water:Lake Michigan
- Sewer:Public Sewer
Finances and disclosures
- Price:$99,900
- Price per sq. ft.:$106.73
- Tax amount:$1,315 (2023)
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