Sold
Last Sold Price
15 beds

1553 S Ridgeway Ave, Chicago, IL 60623

Multi FamilyProperty Type
0.07 acresLot Size
1907Year Built

Description

6 unit greystone in hot lawndale area! New windows, new porch and new plumbing. Located near many new rehabs. Not bank owned or short sale! Bring all offers! Sold as-is. Cash offers only!6 unit greystone in hot lawndale area! New windows, new porch and new plumbing. Located near many new rehabs. Not bank owned or short sale! Bring all offers! Sold as-is. Cash offers only!

    Sold By Avenue 1 Realty Group

    • Listed by: Ronald 312.719.9090 ronohr@sergioandbanks.com • Avenue 1 Realty Group
    Listing closed: 05/14/2014 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 08528400
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    Recent comparable sales

    Median sold price

    $600,000

    Avg days on market

    56

    Sale-to-list ratio

    98.1%

    Chicago, IL

    9 comparable properties found

    front view of a house with a garden
    1/27
    1

    $550,000

    Sold 12/01/25

    15
    Bedrooms
    Unavailable
    Square Feet
    0.11
    Acres
    a front view of a multi story building
    1/40
    2

    $635,000

    Sold 12/31/25

    15
    Bedrooms
    Unavailable
    Square Feet
    0.07
    Acres
    a tall building sitting on the side of a street
    1/9
    3

    $650,000

    Sold 07/07/25

    15
    Bedrooms
    Unavailable
    Square Feet
    0.09
    Acres
    a view of a brick house with a yard and large tree
    1/39
    4

    $835,000

    Sold 09/09/25

    15
    Bedrooms
    Unavailable
    Square Feet
    0.09
    Acres
    a front view of a residential apartment building with a yard
    1/14
    5

    $585,000

    Sold 11/14/25

    15
    Bedrooms
    Unavailable
    Square Feet
    0.14
    Acres
    a front view of a building
    1/15
    6

    $600,000

    Sold 08/14/25

    14
    Bedrooms
    Unavailable
    Square Feet
    0.09
    Acres
    a view of a kitchen with a dishwasher and cabinets
    1/12
    7

    $495,000

    Sold 02/20/26

    15
    Bedrooms
    Unavailable
    Square Feet
    0.07
    Acres
    $545,000 | 4142 West Jackson Boulevard, Chicago, IL 60624
    1/11
    8

    $545,000

    Sold 08/22/25

    15
    Bedrooms
    Unavailable
    Square Feet
    0.06
    Acres
    $600,000 | 2702 West 24th Street, Chicago, IL 60608
    1/11
    9

    $600,000

    Sold 12/26/25

    16
    Bedrooms
    Unavailable
    Square Feet
    0.07
    Acres

    Location

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    $657 per month

    30 year fixed, 7.03% Interest

    Principal and Interest

    $320

    Property Taxes

    $337

    HOA Dues

    $0

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    Property Information for 1553 South Ridgeway Avenue

    Property Details

    • Taxes: $4,040 / year
    • MLS Type: Multi Family 5+ / Flats
    • County: Cook County
    • Area: CHI - North Lawndale
    • Township: WEST CHICAGO
    • Zoning: MULTI

    Building Information

    • Stories: 3
    • Residences: 6
    • Year Built: 1907
    • Lot Size: 0.07 AC / 3,125 SF

    General Information

    Addtl Parking Information
    • Open Parking Spaces: 0.0
    Location and General Information
    • Information: 24-Hr Notice Required
    Taxes and HOA Information
    • Additional Parcels: No

    Property Information

    Interior Features
    • Heat/Ventilation: Gas
    • Num of Baths: 6.0
    Property/Lot Information
    • Tenant Pays: Varies by Tenant
    • Built Before 1978: Yes
    • Approximate Age: Older
    • Multi-Family Type: Flats
    • Lot Dimensions: 25X125
    • Stories: 3
    Property and Assessments
    • Photos Count: 1
    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: $3,420.00
    • Fuel Expense: $.00
    • Gross Income: $2,675.00
    • Gross Scheduled Income: $32,100.00
    • Insurance Expense: $1,345.00
    • Maintenance Expense: $1,544.00
    • Total Annual Expense Source: Owner Projection
    • Janitor Expense: 0
    • Total Monthly Income: 2675
    • Net Operating Income: $19,141.00
    • Operating Expense: $12,959.00
    • Other Expense: $.00
    • Trash Expense: $1,219.00
    • Water Sewer Expense: $.00
    Unit 1
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 1
    • Unit Type Units Total: 4
    Unit 2
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 3
    • Unit Type Type: Unit 2
    • Unit Type Units Total: 1
    Unit 3
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 4
    • Unit Type Type: Unit 3
    • Unit Type Units Total: 1
    Unit 4
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 4
    • Unit Type Units Total: 0
    Unit 5
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 5
    • Unit Type Units Total: 0
    Unit 6
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 6
    • Unit Type Units Total: 0
    Unit 7
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 7
    • Unit Type Units Total: 0

    Property History for 1553 South Ridgeway Avenue

    DateEvent & SourcePriceAppreciation
    May 14, 2014

    Sold

    MRED #08528400

    $60,000—
    May 1, 2014

    Sold (Public Record)

    Public Record #414990303

    $60,000—
    Mar 5, 2014

    Pending

    MRED #08528400

    —
    DateEvent & SourcePrice
    05/14/2014

    Sold

    MRED #08528400

    $60,000
    05/01/2014

    Sold (Public Record)

    Public Record #414990303

    $60,000
    03/05/2014

    Pending

    MRED #08528400

    —

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

    Public records

    1553 South Ridgeway Avenue

    Baths

    6

    Total Finished SqFt

    6,021 SqFt

    Above Grade Finished SqFt

    6,021 SqFt

    Stories

    3

    Lot Size

    3,500 SqFt

    Style

    Multi-Family Res (5+ Units)

    Schools near 1553 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

    North Lawndale Prep Charter - Christ
    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

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    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 Avenue 1 Realty Group

    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 04:39 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.