7247 Ridgeland Avenue, South Shore, Chicago, Illinois 60649
$350,000
|
Sold
|
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| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 5 |
| Baths: | 0 |
| Year Built: | 1910 |
| Property Taxes: | $2,644 |
| Days On Market: | 1268 |
| Lot Size: | 0,07 |
Description
Come see how our designers have blended modern styling and convenience with the character and beauty of this South Shore vintage 2-flat greystone originally built in 1905. Any investor looking to expand or create a real estate portfolio should take a look. The building is fully occupied. Monthly Gross Rental Income for both units is $2,464. This below market rate leaves room for a healthy increase. Tenants are month to month. Each unit has 1,300 square feet. Unit #1 has 2-bedrooms and 1.5-bathrooms. Unit #2 has 3-bedrooms and 2-bathrooms. The principal bedroom in Unit #2 features a hardly ever seen ensuite bathroom. Each unit has a designer kitchen with white quartz countertops, elegant blue glass tile backsplash, gray 36" shaker cabinets, ceramic tile floor, five burner 36"oven with convection option, and 36" overhead hood. Stainless steel appliances include dishwasher, refrigerator, and stove. Bathrooms have modern faucets, shower head combo, vanity sinks, and full-size bathtub. First floor unit has the capability of being duplexed down to the basement that is waiting to be finished.
Property Specifics
| Multi-unit | |
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| 1910 | |
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| No | |
| 0.07 |
| Cook | |
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| — / — | |
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| — | |
| 11419446 | |
| 20251160060000 |
Nearby Schools
| NAME: | DISTRICT: | DISTANCE: | |
|---|---|---|---|
|
Grade School
Deneen Elementary School |
299 | — | |
|
Middle School
Bouchet Elementary School Math & |
299 | Not in DB | |
|
High School
South Shore Community Academy Se |
299 | Not in DB | |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 1 Jun, 2022 | Sold | $350,000 | MRED MLS |
| 31 May, 2022 | Under contract | $374,000 | MRED MLS |
| 31 May, 2022 | Listed for sale | $374,000 | MRED MLS |
Room Specifics
Total Bedrooms: 5
Bedrooms Above Ground: 5
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 4
Bathroom Amenities: Full Body Spray Shower
Bathroom in Basement: —
Rooms: —
Basement Description: Partially Finished
Other Specifics
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| 25 X 125 | |
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| Not in DB | |
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Tax History
| Year | Property Taxes |
|---|---|
| 2022 | $2,644 |
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Listing Provided By
Baird & Warner, Inc.


