1540 Ridgeway Avenue, North Lawndale, Chicago, Illinois 60623
$489,900
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For Sale
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| Status: | Contingent |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 7 |
| Baths: | 0 |
| Year Built: | 1903 |
| Property Taxes: | $4,446 |
| Days On Market: | 40 |
| Lot Size: | 0,00 |
Description
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!
Property Specifics
| Multi-unit | |
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| 1903 | |
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| No | |
| — |
| Cook | |
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| — / — | |
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| — | |
| 12535068 | |
| 16231260280000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 19 Feb, 2010 | Sold | $18,000 | MRED MLS |
| 28 Jan, 2010 | Under contract | $19,900 | MRED MLS |
| 28 Dec, 2009 | Listed for sale | $19,900 | MRED MLS |
| 13 Jan, 2026 | Under contract | $489,900 | MRED MLS |
| 19 Dec, 2025 | Listed for sale | $489,900 | MRED MLS |
Room Specifics
Total Bedrooms: 7
Bedrooms Above Ground: 7
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 3
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Basement Description: —
Other Specifics
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| 25X125 | |
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| Not in DB | |
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| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2010 | $3,726 |
| 2026 | $4,446 |
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Listing Provided By
Chicagoland Brokers, Inc.
