Last Sold Price
1533 S Ridgeway Ave, Chicago, IL 60623

Description

Great opportunity to bring in consistent income! Building is in need of rehab. No issues with Electrical and Plumbing systems. 3(2BR) and 3(3BR) units. Potential Rent - 3BR: up to $1350 each; 2BR: up to $1000 each. Total of $7050 per month in positive cash flow. Front units have balconies. All units are spacious with formal dining rooms, eat in kitchens and deep storage closets. This property is vacant. Rehab will need to be performed prior to renting units. Being sold as-is. Cash offers preferred...Great opportunity to bring in consistent income! Building is in need of rehab. No issues with Electrical and Plumbing systems. 3(2BR) and 3(3BR) units. Potential Rent - 3BR: up to $1350 each; 2BR: up to $1000 each. Total of $7050 per month in positive cash flow. Front units have balconies. All units are spacious with formal dining rooms, eat in kitchens and deep storage closets. This property is vacant. Rehab will need to be performed prior to renting units. Being sold as-is. Cash offers preferred by seller. Seller will not accept any offer below $150K.
LISTING CLOSED: 05/29/2020 12:00 AM

  1. Listed by Tamelra Powell • eXp Realty, LLC
    C: (773) 368-0838 tamelrasp@gmail.com

Sold By Re/Max Cityview

Property Details for 1533 South Ridgeway Avenue

Status
MLS #
10659599
Days on Market
68
Taxes
$4,185 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Multi Family 5+ / Flats
Year Built
1911
Lot Size
0.10 AC / 4,356 SF
Area
CHI - North Lawndale
Township
West Chicago
Num Of Parking Spaces
0.0

Recent comparable sales

Median sold price

$165,000

Avg days on market

45

Sale-to-list ratio

95.9%

Chicago, IL

9 comparable properties found

front view of a house with a garden
1/28
1

$550,000

Sold 12/01/25

15
Bedrooms
Unavailable
Square Feet
0.11
Acres
$420,000 | 1500 South Lawndale Avenue, Chicago, IL 60623
2

$420,000

Sold 04/24/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
Unavailable
Acres
a front view of a house with a yard
1/12
3

$300,000

Sold 10/01/24

15
Bedrooms
Unavailable
Square Feet
0.11
Acres
4

$135,000

Sold 01/29/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
Unavailable
Acres
5

$165,000

Sold 02/24/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.16
Acres
$515,000 | 1143 South St Louis Avenue, Chicago, IL 60624
1/7
6

$515,000

Sold 09/27/24

15
Bedrooms
Unavailable
Square Feet
0.06
Acres
a sign on the side of a building
1/24
7

$133,000

Sold 10/11/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.03
Acres
8

$160,000

Sold 02/07/25

Unavailable
Bedrooms
Unavailable
Bathrooms
1,200
Square Feet
Unavailable
Acres
9

$158,500

Sold 05/08/25

Unavailable
Bedrooms
Unavailable
Bathrooms
5,877
Square Feet
Unavailable
Acres

Location

Add your commute

Building Information for 1533 South Ridgeway Avenue

Stories3Residences6Year Built1911Building Size-Lot Size0.10 AC / 4,356 SF

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$1,111 per month

30 year fixed, 6.55% Interest

Principal and Interest

$762

Property Taxes

$349

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 1533 South Ridgeway Avenue

General Information
Location and General Information
  • Information: None
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Heat/Ventilation: Central Bldg Heat,Gas,Hot Water
  • Num of Baths: 0.0
Property/Lot Information
  • Tenant Pays: Electricity, Other
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Flats
  • Lot Dimensions: 4375
  • Stories: 3
  • Exterior Building Type: Brick
  • Construction: Brick
  • Building Area Total: 6480
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 8
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $.00
  • Gross Scheduled Income: $.00
  • Insurance Expense: $.00
  • Maintenance Expense: $.00
  • Janitor Expense: 0
  • Total Monthly Income: 0
  • Net Operating Income: $.00
  • Operating Expense: $.00
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 3
  • # Of Rooms - Unit 1: 6
  • # Of Full Bthrms - Type 1: 1
  • Monthly Income - 1: 850
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 3
  • # Of Rooms - Unit 2: 5
  • # Of Full Bthrms - Type 2: 1
  • Monthly Income - 2: 700
Unit 3
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
  • # Of Rooms - Unit 3: 0
  • Monthly Income - 3: 0
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
  • # Of Rooms - Unit 4: 0
  • Monthly Income - 4: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
  • # Of Rooms - Unit 5: 0
  • Monthly Income - 5: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
  • Monthly Income - 6: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0
  • # Of Rooms - Unit 7: 0
  • Monthly Income - 7: 0

Property History for 1533 South Ridgeway Avenue

DateEvent & SourcePriceAppreciation
May 29, 2020

Sold

MRED #10659599

$150,000
May 21, 2020

Sold (Public Record)

Public Record #674114443

$150,000

+27.9% / yr

May 13, 2020

Pending

MRED #10659599

DateEvent & SourcePrice
05/29/2020

Sold

MRED #10659599

$150,000
05/21/2020

Sold (Public Record)

Public Record #674114443

$150,000

+27.9% / yr

05/13/2020

Pending

MRED #10659599

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1533 South Ridgeway Avenue

Taxable ValueLand$6,344Additions$33,656Total$40,000
Tax Record2023$4,869 ($406 / month)
Home Facts
Baths6Total Finished SqFt6,480 SqFtAbove Grade Finished SqFt6,480 SqFtStories3Lot Size4,375 SqFtStyleMulti-Family Res (5+ Units)Year Built1914CountyCOOKAPN16-23-127-011

Schools near 1533 South Ridgeway Avenue

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - K to 8
Charter - 9 to 12
Rating
School
Distance
Herzl Elementary School
PublicPK to 8

Farragut Career Academy High School
Public9 to 12

KIPP Chicago Chrtrs - Ascend Acad
CharterK to 8

YCCS-CCA Academy HS
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

Similar Homes

New listings in 60623

$235,000 | 1258 South Homan Avenue, Chicago, IL 60623
1/18
New

$235,000

3
Bedrooms
1,363
Square Feet
0.06
Acres
$499,900 | 3012 South Pulaski Road, Chicago, IL 60623
1/36
New

$499,900

5
Bedrooms
Unavailable
Square Feet
0.07
Acres
$699,000 | 3256 West Douglas Boulevard, Chicago, IL 60623
1/2
New

$699,000

5
Bedrooms
2,850
Square Feet
0.10
Acres
$480,000 | 1622 South Karlov Avenue, Chicago, IL 60623
1/34
New

$480,000

8
Bedrooms
Unavailable
Square Feet
0.07
Acres
$570,000 | 2008 South Pulaski Road, Chicago, IL 60623
1/8
New

$570,000

12
Bedrooms
4,600
Square Feet
0.14
Acres
$599,000 | 1301 South Christiana Avenue, Chicago, IL 60623
1/26
New

$599,000

12
Bedrooms
Unavailable
Square Feet
0.07
Acres
$609,000 | 1222 South Karlov Avenue, Chicago, IL 60623
1/6
New

$609,000

6
Bedrooms
3,429
Square Feet
0.07
Acres
$159,000 | 2728 South Spaulding Avenue, Chicago, IL 60623
1/3

$159,000

4
Bedrooms
1,648
Square Feet
0.07
Acres
$350,000 | 1431 South Christiana Avenue, Chicago, IL 60623
1/18

$350,000

5
Bedrooms
Unavailable
Square Feet
0.07
Acres

Nearby home values

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty, LLC

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 05/05/2021 08:57 AM. 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.