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Property view

7251 S Ridgeland Avenue #E, 
Chicago, IL 60649

$103,000


2

Beds


2

Baths


936

Sq Ft


Townhouse

Sold

Listed by

Dawn Haley

Bought with Serene Realty, Inc.

Asaga Realty & Housing Development

MLS#

12454373

Source:

MLSNI

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About This Home

7251 S Ridgeland Avenue #E

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.

Home Facts

Townhouse

2 Baths

2 Bedrooms

Built in 1965

Price Summary

99,900

$106 per Sq. Ft.

MLS #:

12454373

Sold:

February 5, 2026


Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

1

Interior

Living Area:

936 Sq. Ft.


Structure

Structure

Building Area:

936 Sq. Ft.

Year Built:

1965


Finances & Disclosures

Finances

Price:

$99,900

Price per Sq. Ft:

$106 per Sq. Ft.

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