M
Seller's Agent in 2026
Marcus Carter
Chicagoland Brokers, Inc.
1 in this area
31 Total Sales
1540 S Ridgeway Ave Chicago, IL 60623
North Lawndale Neighborhood
7
Beds
3
Baths
--
Sq Ft
1903
Built
About This Home
As of February 2026Welcome 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!
Last Agent to Sell the Property
Chicagoland Brokers, Inc. License #475166498 Listed on: 12/19/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,446
Year Built
- Built in 1903 | Remodeled in 2025
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Potential Bedrooms
- 3 Bathrooms
Parking
- 2 Parking Spaces
- Parking Available
- Off Alley Parking
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Basement Fills Entire Space Under The House
- Porch
- Lot Dimensions are 25x125
Community Details
- 2 Units
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/24/2026 02/24/26 | Sold | $480,715 | -1.9% | -- |
| 01/13/2026 01/13/26 | Pending | -- | -- | -- |
| 12/19/2025 12/19/25 | For Sale | $489,900 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,446 | $25,000 | $4,531 | $20,469 |
| 2024 | $4,446 | $25,000 | $4,531 | $20,469 |
| 2023 | $4,334 | $21,000 | $3,672 | $17,328 |
| 2022 | $4,334 | $21,000 | $3,672 | $17,328 |
| 2021 | $4,237 | $20,999 | $3,671 | $17,328 |
| 2020 | $2,381 | $10,655 | $3,671 | $6,984 |
| 2019 | $2,469 | $12,248 | $3,671 | $8,577 |
| 2018 | $2,427 | $12,248 | $3,671 | $8,577 |
| 2017 | $3,795 | $17,567 | $3,281 | $14,286 |
| 2016 | $3,518 | $17,567 | $3,281 | $14,286 |
| 2015 | $3,219 | $17,567 | $3,281 | $14,286 |
| 2014 | $3,020 | $16,275 | $3,125 | $13,150 |
| 2013 | $2,960 | $16,275 | $3,125 | $13,150 |
Source: Public Records
Agents Affiliated with this Home
-
Marcus Carter
-
Michelle Pittman
M
Buyer's Agent in 2026
Michelle Pittman
Compass
(773) 558-2861
1 in this area
1 Total Sale
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12535068
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Based on information submitted to the MLS GRID. 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 IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
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