9821 S Ridgeland Ave

Oak Lawn, IL 60453

$673,000
Last Sold Price
7
Beds
4,400 Sq. Ft.
$153 / Sq. Ft.
4,400
Sq. Ft.
$153
per Sq. Ft.
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Closed 6/9/25
Closed 6/9/25

Description

Welcome to this 3-flat property located in the heart of Oak Lawn. Attractive and sturdy brick/stone exterior accented by architectural shingles roof, front entryway & professional landscaping. This well-maintained building features two spacious 2 bedroom, 2-bath units along with a third 3 bedroom, 2-bath unit on top floor. Each unit is about 1400 ft and the two 2 bedroom units could possibly be converted to a 3 bedrooms by repurposing a spacious dining room as there is already a sufficient table...Welcome to this 3-flat property located in the heart of Oak Lawn. Attractive and sturdy brick/stone exterior accented by architectural shingles roof, front entryway & professional landscaping. This well-maintained building features two spacious 2 bedroom, 2-bath units along with a third 3 bedroom, 2-bath unit on top floor. Each unit is about 1400 ft and the two 2 bedroom units could possibly be converted to a 3 bedrooms by repurposing a spacious dining room as there is already a sufficient table space by the kitchen to maximize the earnings. (Please do your due diligence- it is with suggestion not a guarantee). Currently fully leased with quality tenants, this property offers a fantastic opportunity for immediate rental income with a potential to increase rent upon lease renewal as Oak Lawn is a sizzling hot rental market. Each unit is equipped with central air conditioning/forced heat for added comfort as well as convenience of having their own private full size laundry/storage room. Tenants are responsible for paying gas and electric expenses. Don't miss out on this chance to own a lucrative investment property in a desirable location across from Chicago Ridge Mall. Contact us today for more information and be the first to seize this exceptional real estate opportunity. Plenty of parking on the paved back lot and driveway.
  1. Listed by Cynthia Agate • Keller Williams Preferred Rlty
    P: (708)-274-0743 C: (708)-274-0743 cpropertieswithme@gmail.com
  2. Listed by Kristina Maurella • Keller Williams Preferred Rlty
    P: (708)-508-4242 C: (708)-508-4242 Kmaurellaproperties@gmail.com

Sold By Century 21 S.G.R., Inc.

Property Details for 9821 South Ridgeland Avenue

Area
Oak Lawn
Township
Worth
Ownership
Fee Simple
Num Of Parking Spaces
7.0
Parking Included in Price
Yes
Heat/Fuel
Natural Gas, Forced Air, Sep Heating Systems - 2+, Indv Controls
Architectural Style
Other
LISTING UPDATED: 06/09/2025 11:18 AM

Property Details for 9821 South Ridgeland Avenue

StatusClosed
MLS #12336242
Days on Market8
Taxes$24,081,368 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeTwo to Four Units / 3 Flat
Year Built1986
Lot Size0.13 AC / 5,500 SF
CountyCook County
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Location

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Building Information for 9821 South Ridgeland Avenue

Stories-Residences3Year Built1986Building Size-Lot Size0.13 AC / 5,500 SF

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OriginPoint Mortgage or Rocket Mortgage1

$2,010,134 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,354

Property Taxes

$2,006,781

HOA Dues

$0

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Property Information for 9821 South Ridgeland Avenue

General Information
School Information
  • Elementary School District: 122
  • Elementary School: Columbus Manor Elementary School
  • Jr High Middle School: Simmons Middle School
  • High School District: 229
  • High School: Oak Lawn Comm High School
  • Middle Or Junior School District: 122
Addtl Parking Information
  • Parking Details: Assigned Spaces, Driveway, Parking Lot, On Site, Owned
Location and General Information
  • Postal Code Plus 4: 3991
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Num Of Rooms: 15
  • Bedrooms Total: 7
  • Bedrooms (Below Grade): 0
  • Community Features: Sidewalks, Street Lights, Street Paved
  • Basement Type: None
  • Bedrooms Possible: 7
  • Basement Bathrooms: No
  • # Full Baths in Building: 6
  • # Half Baths in Building: 0
  • Num of Baths: 6.0
Utilities / Equipment
  • Sewer: Sewer-Public, Storm Sewer
  • Water: Lake Michigan
  • Other Equipment: Intercom, Fire Sprinklers, CO Detectors
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: No
  • Age: 31-40 Years
  • Lot Description: Landscaped Professionally
  • Lot Size: Oversized Chicago Lot
  • Lot Dimensions: 50 X 110
  • Total # Units in Building: 3.0
  • Waterfront: No
  • Exterior Building Type: Brick, Stone
  • Construction: Brick, Stone
  • Roof Type: Asphalt
  • Foundation Details: Concrete Perimeter
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • North Coordinate: 0
  • South Coordinate: 11
  • East Coordinate: 0
  • West Coordinate: 7
  • 3 Br Un In Bldg: Yes
  • Conversion: N
Property and Assessments
  • Buyer Financing: Conventional, FHA, VA, Cash
  • Public Document Count: 0
  • Photos Count: 20
  • Deconversion: N
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Gross Income: $54,000.00
  • Trash Expense Source: Actual
  • Trash Expense Year: 2023
  • Water Expense Source: Actual
  • Trash Expense: $1,265.00
  • Water Sewer Expense: $1,870.00
Unit 1
  • Unit Type Actual Rent: $1,500.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 02/26
Unit 2
  • Unit Type Actual Rent: $1,500.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 07/25
Unit 3
  • Unit Type Actual Rent: $1,375.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 3
  • Lease Expiration Date: 04/25

Property History for 9821 South Ridgeland Avenue

DateEvent & SourcePriceAppreciation
Jun 9, 2025

Sold

MRED #12336242

$673,000—
Apr 18, 2025

Pending

MRED #12336242

—
Apr 11, 2025

Listed (Active)

MRED #12336242

$700,000—
DateEvent & SourcePrice
06/09/2025

Sold

MRED #12336242

$673,000
04/18/2025

Pending

MRED #12336242

—
04/11/2025

Listed (Active)

MRED #12336242

$700,000

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

Schools near 9821 South Ridgeland Avenue

This home is within Oak Lawn Chsd 229 School District.
Rating
School
Type
Grades
Distance
Columbus Manor Elementary School
Public - PK to 5
Simmons Middle School
Public - 6 to 8
Oak Lawn Community High School
Public - 9 to 12
Rating
School
Distance
Columbus Manor Elementary School
PublicPK to 5

Simmons Middle School
Public6 to 8

Oak Lawn Community High School
Public9 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.

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Listing Courtesy of Keller Williams Preferred Rlty

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 06/09/2025 11:18 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.