1652 S Ridgeway Avenue
Chicago, IL 60623
- 8 beds
- 3 baths
- – sqft
- 2,900 sqft lot
- – on site
Prime Income-Producing Multi-Unit in Lawndale - Fully Renovated in 2021! An exceptional investment opportunity awaits in Chicago's Lawndale neighborhood! This high-income producing 3-unit property was completely renovated in 2021 from top to bottom, offering modern finishes, updated systems, and strong rental demand. Each unit features contemporary designs, spacious layouts, and high-end upgrades, including: New electrical, plumbing, HVAC, and roofing (all updated in 2021) Stylish kitchens with granite countertops, stainless steel appliances, and custom cabinetry Luxury flooring, modern bathrooms, and in-unit laundry hookups Generous-sized bedrooms and ample natural light With solid rental income and low maintenance, this property is perfect for both investors and owner-occupants looking to build wealth. Conveniently located near public transit, parks, and local amenities, this turnkey building is ready to generate strong returns. Don't miss out on this prime multi-unit investment-schedule a private tour today!
Last checked:
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Last updated Feb 22, 2025
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MLS# 12292122 —
Upcoming Open Houses
-
Saturday, 2/22
10am-2pm -
Sunday, 2/23
10am-2pm
The Building
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Rebuilt:No
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New Construction:false
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Architectural Style:Greystone
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Basement:Full
Interior
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Rooms Total:20
Location
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Directions:16TH E/W, S ON LAWNDALE, W ON 18TH, N ON RIDGEWAY
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Location:86622
The Property
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Parcel Number:16233040400000
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Property Type:Residential Income
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Lot Size Dimensions:25X116
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Zoning:MULTI
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Waterfront:true
Listing Agent
- Contact info:
- Agent phone:
- (312) 282-5652
- Office phone:
- (217) 960-8605
Taxes
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Tax Year:2023
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Tax Annual Amount:1035.65
Beds
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Bedrooms Total:8
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Bedrooms Possible:8
Baths
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Baths:3
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Full Baths:3
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Heating:Natural Gas
Utilities
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Sewer:Public Sewer
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Water Source:Lake Michigan
Schools
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Elementary School District:299
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Middle Or Junior School District:299
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High School District:299
Parking
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Parking Total:4
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Parking Onsite:Yes
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Garage Type:Detached
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Garage Spaces:2
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Garage Onsite:Yes
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
2/18/25
Feb 18, 2025
|
Listed / Active | MRED | $485,000 | 781.8% (51.5% / YR) |
|
12/14/09
Dec 14, 2009
|
MRED | $55,000 | 83.3% | |
|
2/25/09
Feb 25, 2009
|
MRED | $30,000 |
