Save
Ask
Tour
Hide
Share
$489,900
12 Days On Site

1540 S Ridgeway Avenue
Chicago, IL 60623

For Sale|Multi Family|Active
7
Beds
3
Total Baths
1903
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Chicagoland Brokers, Inc.
Call Now: 312-767-7744
Is this the listing for you? We can help make it yours.
312-767-7744
1540 S Ridgeway Avenue1540 S Ridgeway Avenue1540 S Ridgeway Avenue1540 S Ridgeway Avenue
Save
Ask
Tour
Hide
Share

Welcome to a stunning 2025 full-gut rehabbed 2-flat located in the rapidly appreciating Lawndale neighborhood. Perfect for investors or owner-occupants looking for rental income, this property offers the perfect blend of modern finishes, functionality, and value. The first-floor duplex features 4 bedrooms and 2 full baths, offering generous living space ideal for larger households or higher rent potential. The second-floor unit includes 3 bedrooms and a full bath, perfect for an owner's unit or solid long-term tenant. Both units feature modern layouts, modern kitchens with quartz countertops, stainless steel appliances, new shaker cabinets, and designer bathrooms with contemporary tile and fixtures. Completely rebuilt from top to bottom with brand-new electrical (200-amp service), plumbing, HVAC, central air, roof, windows, and hardwood flooring. Exterior updates include fresh tuckpointing, rear deck, and fenced yard for added privacy. Separate utilities make this a true turnkey investment. Centrally located near Douglas Park, Kedzie Ave, and minutes to the expressway-this property is surrounded by ongoing development and community revitalization. Nothing to do but move in or rent out and start cash flowing. Schedule your showing today-this one won't last!

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$489,900
Days On Site 
12 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 
1903
MLS® Number 
12535068
Status 
Active
Property Tax 
$4,445.76
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
6 days agoListing updated with changes from the MLS®
7 days agoStatus changed to Active
2 weeks agoListing first seen on site
General Features
Parking Spaces 
2
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Zoning 
MULTI
Interior Features
Basement 
FinishedFull
Heating 
Natural Gas
Save
Ask
Tour
Hide
Share
Exterior Features
Construction Details 
Brick
Patio And Porch 
Porch
Community Features
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 Chicagoland Brokers, Inc.



Based on information submitted to the MLS GRID as of 2026-01-01 01:08 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: 2026-01-01 01:08 AM UTC
MRED DMCA Copyright Information Copyright © 2026 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Save
Ask
Tour
Hide
Share