$103,000
SOLD FEB 5, 2026

7251 S Ridgeland Ave Unit E Chicago, IL 60649

South Shore Neighborhood
2 Beds
1.5 Baths
936 Sq Ft
1965 Built

Recently Sold

$110 Per Sq Ft

21% Below List Price

94 Days on Market

Highlights

  • Living Room
  • Dining Room
  • Dogs and Cats Allowed
  • Laundry Room
  • Family Room
  • 4-minute walk to Hodes Park

About This Home

As of February 2026

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.

Last Agent to Sell the Property

Dawn Haley

ASAGA Realty & Housing Development License #471008623 Listed on: 08/24/2025

Last Buyer's Agent

Vadie Reese

Serene Realty, Inc. License #475155216

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,315

Year Built

  • Built in 1965

Lot Details

  • Lot Dimensions are 20x20
  • Additional Parcels

Home Design

  • Entry on the 2nd floor
  • Brick Exterior Construction

Interior Spaces

  • 936 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Laundry Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms

Parking

  • 1 Parking Space
  • Parking Available
  • Off Alley Parking
  • Parking Included in Price

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • 6 Units

Pet Policy

  • Pets up to 100 lbs
  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,315

Year Built

Built in 1965

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Townhouse-2 Story
  • Ownership: Fee Simple
  • EntryLevel: 2
  • New Construction: No
  • Property Sub-Type: Townhouse-2 Story
  • Year Built: 1965
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Basement: Partially Finished, Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 936
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Flooring: Other

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Parking Features: Off Alley, Yes, Owned
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Amenities: None
  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 20X20
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 100

Tax Info

  • Tax Annual Amount: 1315.34
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 6
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2026 02/05/26 Sold $103,000 +3.1% $110 / Sq Ft
11/26/2025 11/26/25 Pending -- -- --
11/10/2025 11/10/25 Price Changed $99,900 -9.1% $107 / Sq Ft
10/22/2025 10/22/25 Price Changed $109,900 -8.3% $117 / Sq Ft
09/30/2025 09/30/25 Price Changed $119,900 -7.7% $128 / Sq Ft
08/24/2025 08/24/25 For Sale $129,900 -- $139 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12454373

Midwest Real Estate Data (MRED)
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