Value-add investment opportunity located in Chicago's vibrant Little Village / South Lawndale neighborhood. This brick multi-unit property offers strong potential for investors, developers, or owner-occupants looking to build equity through renovation. The building currently features two legal dwelling units plus an existing garden in-law unit, with each unit configured as 2 bedrooms and 1 bathroom. The property experienced recent 2nd floor fire damage. This brick structure remains sound, creating an opportunity for renovation and long-term value creation. The property sits within an RT-4 zoning district, which may allow the legalization of the existing third unit, creating additional rental income potential once properly permitted. Exterior features include ample off-street parking with a large concrete pad, a valuable amenity for residents and tenants alike. Bring your contractor and vision-this property is ready for its next chapter.
New
$149,900
2330 S Ridgeway Ave, Chicago, IL 60623
4beds
--sqft
Est.:
Multi Family
Built in 1908
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Two legal dwelling unitsBrick structure remains soundBrick multi-unit propertyExisting garden in-law unit
- 16 hours |
- 388 |
- 10 |
Zillow last checked: 7 hours ago
Listing updated: 15 hours ago
Listing courtesy of:
Brian Ploszay 312-399-6661,
Altura Realty Inc.
Source: MRED as distributed by MLS GRID,MLS#: 12591093
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas
Features
- Basement: Finished,Full
Property
Parking
- Total spaces: 2
- Parking features: Yes
Lot
- Size: 3,125 Square Feet
- Dimensions: 25x125
Details
- Parcel number: 16261040650000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- New construction: No
- Year built: 1908
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Community & HOA
Location
- Region: Chicago
Financial & listing details
- Annual tax amount: $4,220
- Date on market: 3/16/2026
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/16/2026 | Listed for sale | $149,900 |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$1,022/mo
Principal & interest
$773
Property taxes
$249
More affordability tools
Climate risks
Neighborhood: Little Village
Nearby schools
GreatSchools rating
- 7/10Cardenas Elementary SchoolGrades: PK-8Distance: 0.2 mi
- 1/10Farragut Career Academy High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- District: 299
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 60623
- Illinois
- Cook County
- Chicago
- 60623
- Little Village
- 2330 S Ridgeway Ave




