7251 S Ridgeland Chicago, IL 60649

  • $99,900
  • $109,900
  • Sold Date: 01-01-70

7251 S Ridgeland Chicago, IL 60649
Contingent
7251 S Ridgeland Chicago, IL 60649
7251 S Ridgeland Chicago, IL 60649
  • $99,900
  • $109,900
  • Sold Date: 01-01-70

Description

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.

  • Listing Courtesy of: ASAGA Realty & Housing Development

Details

Updated on November 27, 2025 at 1:46 am
  • Property ID: MRD12454373
  • Price: $99,900
  • Property Size: 936 Sq Ft
  • Bedrooms: 2
  • Bathroom: 1
  • Year Built: 1965
  • Property Type: Townhouse
  • Property Status: Contingent
  • Parking Total: 1
  • Parcel Number: 20251160250000
  • Water Source: Lake Michigan
  • Sewer: Public Sewer
  • Buyer Agent MLS Id: MRD841065
  • Days On Market: 94
  • Purchase Contract Date: 2025-11-26
  • Basement Bath(s): No
  • AdditionalParcelsYN: 1
  • Cumulative Days On Market: 94
  • Tax Annual Amount: 109.61
  • Cooling: None
  • Asoc. Provides: None
  • Parking Features: Off Alley,Yes,Owned
  • Room Type: No additional rooms
  • Directions: Stoney Island Avenue to 72nd Street, east to Ridgeland, south to property.
  • Buyer Office MLS ID: MRD87490
  • Association Fee Frequency: Not Required
  • Living Area Source: Assessor
  • Township: Hyde Park
  • Bathrooms Half: 1
  • ConstructionMaterials: Brick
  • Contingency: Attorney/Inspection
  • Asoc. Billed: Not Required
  • Address 7251 S Ridgeland
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60649
  • Country Cook

Overview

Property ID: MRD12454373
  • Townhouse
  • Property Type
  • 2
  • Bedrooms
  • 1
  • Bathroom
  • 936
  • Sq Ft
  • 1965
  • Year Built

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