1940 South Ridgeway, Chicago IL 60623
$485,000

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Property Description

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.

Features & Information

Key Details

  • List Price $485,000
  • Property Taxes $2,011.08
  • Price/ Sq. Ft. Unavailable
  • Year Built 1896
  • Parking Type Space/s
  • Status Contingent

Rooms

  • Total Rooms 18
  • Basement F

Exterior Features

  • Parking

  • Parking Details Space/s
  • # of Cars:  2

Building Information

  • Number of Units 3
  • Age of Building 100+ Years
  • Exterior Construction Brick
  • Foundation Concrete
  • Heating & Cooling Other
  • Units

  • Unit 1 Stove, Refrigerator, Dishwasher, Microwave, Central Air Conditioner, Laundry Hook-Up, Range Hood, Hardwood Floors
  • Unit 2 Stove, Refrigerator, Dishwasher, Microwave, Central Air Conditioner, Laundry Hook-Up, Range Hood, Hardwood Floors
  • Unit 3 Central Air Conditioner, Laundry Hook-Up, Hardwood Floors

Location

  • County Cook
  • Township West Chicago
  • Corporate Limits Chicago
  • Directions to Property Ogden Ave. East Or West To Ridgeway, North Bound On Ridgeway To Property
  • Schools

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

  • Tax 2011.08
  • Tax Year 2023
  • Tax Exemptions None
  • Parcel Identification Number 16233210330000

Utilities

  • Sewer Sewer-Publ

Listed by David Mishel for Compass | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 3/29/2025 7:02 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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