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1540 S Ridgeway Avenue
Chicago IL 60623 US

$489,900

Active Listing ID 12535068
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7 bed
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3.00 Bath (3 Full)
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Other

$489,900

Active Listing ID 12535068
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1540 S Ridgeway Avenue 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!

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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 3
  • Heating Fuels: Natural Gas
  • Additional Features
  • Basement
  • Patio

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 489900
  • unparsedaddress: 1540 S Ridgeway Avenue
  • postalcity: Chicago
  • stateorprovince: IL
  • country: US
  • postalcode: 60623
  • bathroomsfull: 3
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 41.859535
  • longitude: -87.71923
  • listagentfullname: Marcus Carter
  • listagentemail: marcuscarter.realtor@gmail.com
  • listagentkey: 3yd-MREDIL-880619
  • listagentmlsid: 880619
  • listagentpreferredphone: (773) 745-1000
  • listagentofficephone: 3126383341
  • listofficekey: 3yd-MREDIL-18505
  • listofficemlsid: 18505
  • disclaimer: Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • yearbuilt: 1903
  • listingcontractdate: 2025-12-19
  • listagenturl: http://www.chicagolandbrokers.net
  • countyorparish: Cook
  • parcelnumber: 16231260280000
  • elementaryschooldistrict: 299
  • middleorjuniorschooldistrict: 299
  • highschooldistrict: 299
  • constructionmaterials: Brick
  • heating: Natural Gas
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 2
  • parkingfeatures: Off Alley
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bedroom 6, Bedroom 4, Bedroom 1, Bedroom 5, Bedroom 7, Bedroom 2, Basement, Bedroom 3, Bathroom 2, Bathroom 3, Bathroom 1
  • patioandporchfeatures: Porch
  • basement: Finished, Full
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: False
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -87.71923, 41.859535
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Chicagoland Brokers Inc.", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"marcuscarter.realtor@gmail.com", "ListBrokerageCity":"Chicago", "ListBrokerageCountry":"US", "ListBrokerageEmail":"hsakowski1@gmail.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MREDIL/b3a51551772611e3b15112313b0d61a5/20250204235456902.png", "ListBrokerageName":"Chicagoland Brokers Inc.", "ListBrokeragePhone":"(773) 745-1000", "ListBrokeragePostalCode":"60656", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"5151 N. Harlem Ave. Suite 201", "ListBrokerageWebsiteUrl":"http://www.chicagolandbrokers.net", "ListOfficeAddress1":"5151 N Harlem Suite 201 ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"18505", "ListOfficeCity":"Chicago", "ListOfficeCountry":"USA", "ListOfficeEmail":"hsakowski1@gmail.com", "ListOfficePostalCode":"60656", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Chicago, IL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1540-S-Ridgeway-Ave_Chicago_IL_60623_M71902-81682?f=listhub&s=MREDIL&m=12535068&c=rexren", "MLSModificationTimestamp":"2025-12-19 13:16:01", "Neighborhoods":[{"Description":null, "Name":"CHI - North Lawndale"}], "PostalCode":null, "RoomCount":14, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":4446, "TaxDescription":null, "TaxYear":"2023"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 12/19/2025 1:27:14 PM GMT
Source Updated Date: 12/19/2025 7:20:15 PM GMT

Courtesy of: Marcus Carter, Chicagoland Brokers, Inc., marcuscarter.realtor@gmail.com

Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.