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!
Closed
$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
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#: 12417523

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