7251 Ridgeland Avenue, South Shore, Chicago, Illinois 60649


$103,000

Sold
Status: Closed
Sqft: 936
Cost/Sqft: $107
Beds: 2
Baths: 2
Year Built: 1965
Property Taxes: $1,315
Days On Market: 432
Lot Size: 0,00

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.

Property Specifics

Condos/Townhomes
2
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1965
—
—
—
—
No
—
Cook
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0 / Not Applicable
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—
—
—
—
12454373
20251160250000

Property History

DATE: EVENT: PRICE: SOURCE:
5 Feb, 2026 Sold $103,000 MRED MLS
26 Nov, 2025 Under contract $99,900 MRED MLS
— Last price change $109,900 MRED MLS
24 Aug, 2025 Listed for sale $129,900 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 2
Bedrooms Above Ground: 2
Bedrooms Below Ground: 0
Bathroom Info:
Full Bathrooms: 2
Partial Bathrooms: 1
Bathroom Amenities: —
Bathroom in Basement: 0
Additional Rooms Info:
Rooms: —
Basement: —

Other Specifics

—
—
—
—
—
—
—
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20X20
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—
—
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Not in DB
—
—
—

Tax History

Year Property Taxes
2026 $1,315

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Listing Provided By

ASAGA Realty & Housing Development