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  • $103,000

    7251 S Ridgeland Ave APT E, Chicago, IL 60649

    2beds
    936sqft
    Townhouse, Single Family Residence
    Built in 1965
    400 Square Feet Lot
    $103,500 Zestimate®
    $110/sqft
    $1,783 Estimated rent

    Home value

    $103,500

    $94,000 - $114,000

    $1,783/mo

    Zestimate® history
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    Owner options

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    $1,783/mo

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    $1,783/mo

    Rent Zestimate®

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    $606/mo

    Est. payment

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    $606/mo

    Est. payment

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    What's special

    Please don't let the extended marketing timeline discourage you from considering this property. The home initially required Probate, which created unavoidable delays. It was then rescued from foreclosure, and the Executor chose to complete a full renovation to better position it for prospective buyers, adding additional time but significantly enhancing its value. This renovated South Shore townhome offers an excellent investment opportunity, whether you're targeting rental income, affordable housing demand, or short-term rental potential via Airbnb. Inside, you'll find space with wood laminate flooring throughout, along with updated kitchen and bathrooms designed to appeal to both owner-occupants and renters. The upper level features a relaxing Jacuzzi bath, while a main-level half bath adds convenience and practicality. A fully finished basement offers valuable, flexible space-ideal for a family room, office, or entertainment area-that enhances both livability and rental appeal. Located just minutes from the lakefront, key cultural attractions, and the future Obama Presidential Library, this property is well-positioned for long-term appreciation and strong tenant demand. With no HOA fees, you'll also benefit from lower ongoing expenses and improved cash flow. Move-in ready and low-maintenance, this home combines modern upgrades with a prime location. Schedule a viewing today to see the income and value potential for yourself.

    Zillow last checked: 7 hours ago

    Listing updated: February 05, 2026 at 03:21pm

    Listing courtesy of:

    Dawn Haley 708-860-5700,

    ASAGA Realty & Housing Development

    Bought with:

    Vadie Reese, BPOR,SFR,SRES,SRS

    Serene Realty, Inc.

    Source: MRED as distributed by MLS GRID,MLS#: 12454373MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Primary bedroom
    • Features: Flooring (Other)
    • Level: Second
    • Area: 169 Square Feet
    • Dimensions: 13X13
    Bedroom 2
    • Features: Flooring (Other)
    • Level: Second
    • Area: 156 Square Feet
    • Dimensions: 13X12
    Family room
    • Features: Flooring (Vinyl)
    • Level: Basement
    • Area: 252 Square Feet
    • Dimensions: 21X12
    Kitchen
    • Features: Flooring (Vinyl)
    • Level: Main
    • Area: 156 Square Feet
    • Dimensions: 13X12
    Living room
    • Features: Flooring (Carpet)
    • Level: Main
    • Area: 195 Square Feet
    • Dimensions: 15X13
    Heating
    • Natural Gas
    Cooling
    • None
    Features
    • Basement: Partially Finished,Full
    Interior area
    • Total structure area: 0
    • Total interior livable area: 936 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Off Alley, Yes, Owned
    Accessibility
    • Accessibility features: No Disability Access
    Lot
    • Size: 400 sqft
    • Dimensions: 20X20
    Details
    • Additional parcels included: 20251160290000
    • Parcel number: 20251160250000
    • Special conditions: None

    Construction

    Type & style
    • Home type: Townhouse
    • Property subtype: Townhouse, Single Family Residence
    Materials
    • Brick
    Condition
    • New construction: No
    • Year built: 1965

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan

    Community & neighborhood

    Location
    • Region: Chicago

    HOA & financial

    HOA
    • Amenities included: None
    • Services included: None

    Other

    Other facts
    • Listing terms: FHA
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    2/5/2026Sold$103,000+3.1%$110/sqft
    Source: MRED as distributed by MLS GRID #12454373 Report a problem
    1/30/2026Pending sale$99,900$107/sqft
    Source: MRED as distributed by MLS GRID #12454373 Report a problem
    11/26/2025Contingent$99,900$107/sqft
    Source: MRED as distributed by MLS GRID #12454373 Report a problem
    11/10/2025Price change$99,900-9.1%$107/sqft
    Source: MRED as distributed by MLS GRID #12454373 Report a problem
    10/22/2025Price change$109,900-8.3%$117/sqft
    Source: MRED as distributed by MLS GRID #12454373 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: South Shore

    Nearby schools

    GreatSchools rating
    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.

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    Estimated market value
    $103,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $103,500