1540 S Ridgeway Avenue
Chicago, IL, 60623
$489,900
7 Beds
3 Baths
0 SqFt
0 Acres
Add
Add
$489,900
1540 S Ridgeway Avenue
Chicago, IL, 60623
MLS #MRD12535068 image #0MLS #MRD12535068 image #1MLS #MRD12535068 image #2MLS #MRD12535068 image #3MLS #MRD12535068 image #4MLS #MRD12535068 image #5MLS #MRD12535068 image #6MLS #MRD12535068 image #7MLS #MRD12535068 image #8MLS #MRD12535068 image #9MLS #MRD12535068 image #10MLS #MRD12535068 image #11MLS #MRD12535068 image #12MLS #MRD12535068 image #13MLS #MRD12535068 image #14
Welcome to a stunning 2025 full-gut rehabbed 2-flat located in the rapidly appreciating Lawndale neighborhood. Perfect for investors or owner-occupants looking for rental income, this property offers the perfect blend of modern finishes, functionality, and value. The first-floor duplex features 4 bedrooms and 2 full baths, offering generous living space ideal for larger households or higher rent potential. The second-floor unit includes 3 bedrooms and a full bath, perfect for an owner’s unit or solid long-term tenant. Both units feature modern layouts, modern kitchens with quartz countertops, stainless steel appliances, new shaker cabinets, and designer bathrooms with contemporary tile and fixtures. Completely rebuilt from top to bottom with brand-new electrical (200-amp service), plumbing, HVAC, central air, roof, windows, and hardwood flooring. Exterior updates include fresh tuckpointing, rear deck, and fenced yard for added privacy. Separate utilities make this a true turnkey investment. Centrally located near Douglas Park, Kedzie Ave, and minutes to the expressway-this property is surrounded by ongoing development and community revitalization. Nothing to do but move in or rent out and start cash flowing. Schedule your showing today-this one won’t last!

Property Details

Price:
$489,900
MLS #:
MRD12535068
Status:
Active
Beds:
7
Baths:
3
Type:
Multi Family
Neighborhood:
chinorthlawndale
Listed Date:
Dec 19, 2025
Year Built:
1903
Chi – North LawndaleChinorthlawndale

Schools

School District:
299

Interior

Heating
Natural Gas

Exterior

Construction Materials
Brick
Parking Features
Off Alley, Yes
Parking Spots
2

Financial

Tax Year
2023
Taxes
$4,446
Need more info?
Ask a Question
Ready to go see it?
Schedule a Showing

Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

More About Debra

Mortgage Calculator

 

Map

Current real estate data for Multi Family in Chicago as of Jan 18, 2026
1,201
Multi Family Listed
93
Avg DOM
$458,877
Avg List Price

Community

Subdivisions in Chicago

Similar Listings Nearby

broker reciprocity
MLS# MRD12536170broker reciprocity
4336-38 W Flournoy Street
Chicago, IL

$635,000

3.2 miles away

broker reciprocity
MLS# MRD12545752broker reciprocity
4521 S Hermitage Avenue
Chicago, IL

$629,000

4.2 miles away

broker reciprocity
MLS# MRD12538933broker reciprocity
2982 S Lyman Street
Chicago, IL

$628,880

3.5 miles away

broker reciprocity
MLS# MRD12468042broker reciprocity
3824 W Arthington Street
Chicago, IL

$624,999

0.7 miles away

broker reciprocity
MLS# MRD12546352broker reciprocity
3226 W Thomas Street
Chicago, IL

$615,000

2.9 miles away

broker reciprocity
MLS# MRD12422993broker reciprocity
4614 N Springfield Avenue
Chicago, IL

$610,000

3.8 miles away

broker reciprocity
MLS# MRD12534991broker reciprocity
952 N Avers Avenue
Chicago, IL

$600,000

2.7 miles away

broker reciprocity
MLS# MRD12520271broker reciprocity
3030 N KEATING Avenue
Chicago, IL

$599,900

2.0 miles away

broker reciprocity
MLS# MRD12537269broker reciprocity
1040 W 34th Place
Chicago, IL

$599,900

3.9 miles away

broker reciprocity
MLS# MRD12546662broker reciprocity
2336 W Taylor Street
Chicago, IL

$599,900

1.9 miles away

Property Summary

    1540 S Ridgeway Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60623. It is listed for $489,900 To schedule a showing of MLS#mrd12535068 at 1540 S Ridgeway Avenue in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
1540 S Ridgeway Avenue
Chicago, IL