7843 S Ridgeland Avenue , Chicago, IL 60649

$550,000
  • 7843 S Ridgeland Avenue , Chicago, IL 60649 Main Photo

16 Photos

New to the Market New
BEDS9 BATHS4 full MLS#12807488
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

Property Description

Excellent investment opportunity! Impressive all-brick 3-flat featuring classic Chicago architecture, distinctive brickwork, and beautiful bay windows. This spacious building offers three generously sized units, each featuring 6 rooms, 3 bedrooms, 1 bathroom, and separate formal living and dining rooms. The partially finished basement provides additional space and includes 2 washers and 2 dryers for tenant convenience. Recent improvements include updated electrical in 2024, along with other updates throughout the property. Additional highlights include rear wooden porches, a fenced backyard with green space, and a rare 3-car brick garage. With 9 bedrooms and 3 bathrooms across the three units, this property presents an excellent opportunity for investors seeking rental income or owner-occupants looking to help cover their mortgage payments with rental revenue. A solid brick building offering generous living space, classic architectural charm, and great investment potential. Schedule your showing today!

7843 S Ridgeland Avenue | MLS# 12807488

This multi-family property located at 7843 S Ridgeland Avenue , Chicago, IL 60649 is currently listed for sale with an asking price of $550,000. S Ridgeland Avenue is located within the District 299 school district. Search Chicago real estate on www.gogambino.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Partially Finished, Full, Walk-Out Access
Garage: 3
Heating: Gas
Lot Size: 0.09 Acres
Taxes: $3,946
Year Built: 1922

Feature Descriptions

Exterior: Brick
Lot Dimensions: 30X125
Other Equipment: CO Detectors, Ceiling Fan(s)
Parcel#: 20253270140000
Parking: Yes, Garage Owned, Detached, Garage
Sewer: Public Sewer
Total Rooms: 18
Township: Hyde Park
Water: Lake Michigan

Local Schools

School District: District 299

Listed By / Shown By

Listed By

Agency Name: eXp Realty
Agency Phone: 888-574-9405

Shown By

Agency Title: Gambino Realtors
Agency Phone: 815-282-2222

IDX logo

Estimate Your Payment

Estimated Payment

$ 2,987.52 per month $2,498.27 Principal & Interest $328.83 Property Tax $160.42 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Login to My Homefinder