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$485,000
54 Days On Site

1940 S Ridgeway Avenue
Chicago, IL 60623

For Sale|Multi Family|Active Under Contract
7
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt
1896
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Compass
Call Now: 312-767-7744
Is this the home for you? We can help make it yours.
312-767-7744
1940 S Ridgeway Avenue1940 S Ridgeway Avenue1940 S Ridgeway Avenue1940 S Ridgeway Avenue
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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.

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Listing Snapshot
Price 
$485,000
Days On Site 
54 Days
Bedrooms 
7
Inside Area (SqFt) 
N/A
Total Baths 
3
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1896
MLS® Number 
12312125
Status 
Active Under Contract
Property Tax 
$2,011
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 weeks agoListing updated with changes from the MLS®
4 weeks agoStatus changed to Active Under Contract
2 months agoListing first seen on site
General Features
Foundation 
Concrete Perimeter
Parking 
Alley AccessOn Site
Parking Spaces 
2
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Water Source 
Public
Zoning 
MULTI
Interior Features
Basement 
FinishedFull
Heating 
Other
Window Features 
Screens
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Exterior Features
Construction Details 
Brick
Exterior 
Lighting
Fencing 
Fenced
Roof 
Rubber
Windows/Doors 
Screens
Community Features
Community Features 
ParkCurbsGatedSidewalksStreet Lights
MLS Area 
CHI - North Lawndale
School District 
299
Township 
West Chicago
Schools
School District
299
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing Courtesy of MRED as distributed by MLS Grid of Compass



Based on information submitted to the MLS GRID as of 2025-05-09 10:17 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2025-05-09 10:17 AM UTC
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Neighborhood & Commute
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