1652 South Ridgeway, Chicago IL 60623
$485,000

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Property Description

Prime Income-Producing Multi-Unit in Lawndale - Fully Renovated in 2021! An exceptional investment opportunity awaits in Chicago's Lawndale neighborhood! This high-income producing 3-unit property was completely renovated in 2021 from top to bottom, offering modern finishes, updated systems, and strong rental demand. Each unit features contemporary designs, spacious layouts, and high-end upgrades, including: New electrical, plumbing, HVAC, and roofing (all updated in 2021) Stylish kitchens with granite countertops, stainless steel appliances, and custom cabinetry Luxury flooring, modern bathrooms, and in-unit laundry hookups Generous-sized bedrooms and ample natural light With solid rental income and low maintenance, this property is perfect for both investors and owner-occupants looking to build wealth. Conveniently located near public transit, parks, and local amenities, this turnkey building is ready to generate strong returns. Don't miss out on this prime multi-unit investment-schedule a private tour today!

Features & Information

Key Details

  • List Price $485,000
  • Property Taxes $1,035.65
  • Price/ Sq. Ft. Unavailable
  • Year Built U
  • Parking Type Garage,Space/s
  • Status New

Rooms

  • Total Rooms 20
  • Basement F

Exterior Features

  • Parking

  • Parking Details Garage,Space/s
  • # of Cars:  4

Building Information

  • Number of Units 3
  • Age of Building 100+ Years
  • Exterior Construction Stone
  • Heating & Cooling Gas
  • Units

  • Unit 1 Stove, Refrigerator
  • Unit 2 Stove, Refrigerator, Washer, Dryer
  • Unit 3 Stove, Refrigerator

Location

  • County Cook
  • Township West Chicago
  • Corporate Limits Chicago
  • Directions to Property 16th E/w, S On Lawndale, W On 18th, N On Ridgeway
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District: 299
  • Property Taxes

  • Tax 1035.65
  • Tax Year 2023
  • Tax Exemptions Homeowner
  • Parcel Identification Number 16233040400000

Utilities

  • Sewer Sewer-Publ

Listed by Jessica Macey for Real Broker LLC | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 2/22/2025 1:32 AM. 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.

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