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  • $465,000

    1652 S Ridgeway Ave, Chicago, IL 60623

    8beds
    --sqft
    Multi Family
    Built in ----
    -- sqft lot
    $465,300 Zestimate®
    $--/sqft
    $1,878 Estimated rent

    What's special

    20k Price Drop!! Motivated Seller! Prime Income-Producing Multi-Unit in Lawndale - Fully Renovated in 2021! An exceptional investment opportunity awaits in Chicago's Lawndale neighborhood! This high-income producing 3-unit property was completely renovated in 2021 from top to bottom, offering modern finishes, updated systems, and strong rental demand. Each unit features contemporary designs, spacious layouts, and high-end upgrades, including: New electrical, plumbing, HVAC, and roofing (all updated in 2021) Stylish kitchens with granite countertops, stainless steel appliances, and custom cabinetry Luxury flooring, modern bathrooms, and in-unit laundry hookups Generous-sized bedrooms and ample natural light With solid rental income and low maintenance, this property is perfect for both investors and owner-occupants looking to build wealth. Conveniently located near public transit, parks, and local amenities, this turnkey building is ready to generate strong returns. Don't miss out on this prime multi-unit investment-schedule a private tour today!

    Zillow last checked: 7 hours ago

    Listing updated: July 15, 2025 at 06:02pm

    Listing courtesy of:

    Jessica Macey 217-960-8605,

    Real Broker LLC

    Bought with:

    Marisol Doblado

    Compass

    Source: MRED as distributed by MLS GRID,MLS#: 12417523MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Natural Gas
    Features
    • Basement: Finished,Full

    Property

    Parking
    • Total spaces: 4
    • Parking features: On Site, Detached, Garage
    • Garage spaces: 2
    Lot
    • Size: 2,900 sqft
    • Dimensions: 25X116
    Details
    • Parcel number: 16233040400000
    • Zoning: MULTI
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Greystone
    • Property subtype: Multi Family
    Materials
    • Stone
    Condition
    • New construction: No

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan

    Community & neighborhood

    Location
    • Region: Chicago

    Other

    Other facts
    • Listing terms: Conventional
    • Ownership: Fee Simple
    Services availability
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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow

    Get a free Zillow Showcase℠ listing and you could sell for .

    $465,300
    2% more+ $9,306
    With Zillow Showcase(estimated)
    $474,606