1940 S Ridgeway Avenue
Chicago, IL 60623
- 7 beds
- 3 baths
- – sqft
- 2,900 sqft lot
- 1896 build
- – on site
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.
Last checked:
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Last updated Apr 14, 2025
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MLS# 12312125 —
The Building
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Year Built:1896
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Rebuilt:No
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New Construction:false
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Construction Materials:Brick
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Roof:Rubber
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Basement:Finished, Full
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Foundation Details:Concrete Perimeter
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Exterior Features:Lighting
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Window Features:Screens
Interior
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Rooms Total:18
Location
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Directions:Ogden Ave. East or West to Ridgeway, North Bound on Ridgeway to property
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Location:87123
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Location:18426
The Property
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Parcel Number:16233210330000
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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:false
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Fencing:Fenced
Listing Agent
- Contact info:
- Agent phone:
- (773) 936-2714
- Office phone:
- (312) 733-7201
Taxes
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Tax Year:2023
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Tax Annual Amount:2011
Beds
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Bedrooms Total:7
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Bedrooms Possible:7
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:Other
Utilities
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Sewer:Public Sewer
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Water Source:Public
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
The Community
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Community Features:Park, Curbs, Gated, Sidewalks, Street Lights, Street Paved
Parking
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Parking Total:2
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Parking Features:Off Alley, Alley Access, On Site, Owned
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 |
|---|---|---|---|---|
|
4/14/25
Apr 14, 2025
|
Sold Subject To Contingencies | MRED | $485,000 | |
|
4/2/25
Apr 2, 2025
|
Listed / Active | MRED | $485,000 | |
|
3/25/25
Mar 25, 2025
|
Sold Subject To Contingencies | MRED | $485,000 |
