9821 S Ridgeland Avenue
Oak Lawn, IL 60453
- 7 beds
- 6 baths
- – sqft
- 5,500 sqft lot
- 1986 build
- – on site
Welcome to this 3-flat property located in the heart of Oak Lawn. Attractive and sturdy brick/stone exterior accented by architectural shingles roof, front entryway & professional landscaping. This well-maintained building features two spacious 2 bedroom, 2-bath units along with a third 3 bedroom, 2-bath unit on top floor. Each unit is about 1400 ft and the two 2 bedroom units could possibly be converted to a 3 bedrooms by repurposing a spacious dining room as there is already a sufficient table space by the kitchen to maximize the earnings. (Please do your due diligence- it is with suggestion not a guarantee). Currently fully leased with quality tenants, this property offers a fantastic opportunity for immediate rental income with a potential to increase rent upon lease renewal as Oak Lawn is a sizzling hot rental market. Each unit is equipped with central air conditioning/forced heat for added comfort as well as convenience of having their own private full size laundry/storage room. Tenants are responsible for paying gas and electric expenses. Don't miss out on this chance to own a lucrative investment property in a desirable location across from Chicago Ridge Mall. Contact us today for more information and be the first to seize this exceptional real estate opportunity. Plenty of parking on the paved back lot and driveway.
Last checked:
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Last updated Apr 14, 2025
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MLS# 12336242 —
The Building
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Year Built:1986
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Rebuilt:No
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New Construction:false
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Construction Materials:Brick, Stone
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Architectural Style:Other
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Roof:Asphalt
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Basement:None
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Foundation Details:Concrete Perimeter
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Other Equipment:Intercom, Fire Sprinklers, CO Detectors
Interior
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Rooms Total:15
Location
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Directions:95TH TO RIDGELAND S. TO ADDRESS
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Location:61080
The Property
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Parcel Number:24081230120000
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Property Type:Residential Income
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Lot Features:Landscaped
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Lot Size Dimensions:50 X 110
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Waterfront:false
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Additional Parcels:true
Listing Agent
- Contact info:
- Agent phone:
- (708) 798-1111
- Office phone:
- (708) 798-1111
Taxes
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Tax Year:2023
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Tax Annual Amount:24081368
Beds
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Bedrooms Total:7
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Bedrooms Possible:7
Baths
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Baths:6
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Full Baths:6
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Heating:Natural Gas, Forced Air, Sep Heating Systems - 2+, Indv Controls
Utilities
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Sewer:Public Sewer, Storm Sewer
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Water Source:Lake Michigan
Schools
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Elementary School:Columbus Manor Elementary School
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Elementary School District:122
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Middle Or Junior School:Simmons Middle School
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Middle Or Junior School District:122
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High School:Oak Lawn Comm High School
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High School District:229
The Community
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Community Features:Sidewalks, Street Lights, Street Paved
Parking
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Parking Total:7
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Parking Features:Assigned, Driveway, Parking Lot, 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).
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 |
|---|---|---|---|---|
|
4/13/25
Apr 13, 2025
|
Listed / Active | MRED | $700,000 | 16.7% |
|
6/27/24
Jun 27, 2024
|
MRED | $600,000 | -4.0% | |
|
6/12/24
Jun 12, 2024
|
MRED | $625,000 |
