$103,000

beds

bath

half bath

936

square ft

7251 S Ridgeland Avenue #E

Chicago, Illinois 60649

Closed / MLS #12454373 / Townhome / South Shore

Listing information updated 2/5/2026 at 5:43pm

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.

Full Features

Exterior Type:

Brick

Basement:

Partially Finished,Full

Beds Above Grade:

Cooling System:

None

Heating System:

Natural Gas

Main Level Primary Bedroom:

Pool:

Age:

51-60 Years

Parking Type:

Off Alley,Yes,Owned

Parking Spaces:

Room Count:

Water Front:

Square Feet:

936

Room Information

Living Room:

15x13 - Main

Dining Room:

N/A

Kitchen:

13x12 - Main

Family Room:

21x12 - Basement

Primary Bedroom:

13x13 - Second Level

2nd Bedroom:

13x12 - Second

3rd Bedroom:

N/A

4th Bedroom:

N/A

Laundry:

N/A Level

Taxes & Assessments

Tax Amount:

$1,315

Tax Year:

2023

Location

Zip Code:

60649

City:

Chicago

County:

Cook

Schools

School District(s):

299

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Exterior Type:

Brick

Basement:

Partially Finished,Full

Beds Above Grade:

Cooling System:

None

Heating System:

Natural Gas

Main Level Primary Bedroom:

Pool:

Age:

51-60 Years

Parking Type:

Off Alley,Yes,Owned

Parking Spaces:

Room Count:

Water Front:

Square Feet:

936

Living Room:

15x13 - Main

Dining Room:

N/A

Kitchen:

13x12 - Main

Family Room:

21x12 - Basement

Primary Bedroom:

13x13 - Second Level

2nd Bedroom:

13x12 - Second

3rd Bedroom:

N/A

4th Bedroom:

N/A

Laundry:

N/A Level

Tax Amount:

$1,315

Tax Year:

2023

Zip Code:

60649

City:

Chicago

County:

Cook

School District(s):

299

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Listing Office: ASAGA Realty & Housing Development

Listing Office Phone: 708.860.5700

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 2/5/2026 at 5:43pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.