Closed

$99,900

7251 Ridgeland

Chicago, IL 60649

2
Bedrooms
2
Bathrooms
0
Sq Ft
1965
Year Built

About This Property

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.

MLS# MRD12454373Listed 8/24/2025Residential

Property Details

Interior Features

Stories2
CoolingNone
HeatingNatural Gas
Garage SpacesOff AlleyYesOwned

Location & Exterior

CountyCook
Subdivision
Lot Size

School Information

Elementary
Middle School
High School

Property Location

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Property Summary

Price
$99,900
Location
Chicago, IL
Property Type
Residential
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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