NOT LISTED FOR SALE

7831 S Ridgeland Ave Chicago, IL 60649

South Shore Neighborhood
6 Beds
2 Baths
-- Sq Ft
1918 Built

Last Sold July 23, 2024

Last sale price $327,000

12 Days on Market

About This Home

As of July 2024

**Attention Investors** This is a 2 unit property, is perfect for a live in investor. Rent one unit and live in the other. A 72 hour notice is required for showing the occupied unit. See broker remarks. Each unit has 3 bedrooms and 1 bathroom, central air, hardwood flooring throughout. Both kitchens have black appliances in the kitchen with gorgeous dark cabinets, a decorative backsplash, and granite counters. Sharp decorative tile work in the bathrooms. Do not miss out on this opportunity!!

Last Agent to Sell the Property

Michael Fisher

M Property Group LLC License #475182456 Listed on: 05/28/2024

Last Buyer's Agent

Doritha McCoy

EXIT Strategy Realty License #475162213

EXIT Strategy Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,613

Year Built

  • Built in 1918

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces

Schools

  • Horace Mann Elementary School
  • Chicago Vocational Career Acad S High School

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 125x25
  • Forced Air Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,613

Year Built

Built in 1918

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1918
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • MonthToMonthYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 6
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • OpenParkingSpaces: 2
  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Water Source: Public

Schools

  • Elementary School: Horace Mann Elementary School
  • High School: Chicago Vocational Career Acad S

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 125X25
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 1613.27
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat
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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 Prior Sale
07/23/2024 07/23/24 Sold $327,000 +3.8% --
06/10/2024 06/10/24 Pending -- -- --
05/28/2024 05/28/24 For Sale $315,000 +718.2% --
07/15/2016 07/15/16 Sold $38,500 +71.1% -- View Prior Sale
06/29/2016 06/29/16 Pending -- -- --
06/29/2016 06/29/16 For Sale $22,500 0.0% --
04/27/2016 04/27/16 Pending -- -- --
04/04/2016 04/04/16 For Sale $22,500 -- --
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 $1,701 $18,100 $2,835 $15,265
2024 $1,701 $18,100 $2,835 $15,265
2023 $1,613 $14,000 $4,725 $9,275
2022 $1,613 $14,000 $4,725 $9,275
2021 $1,610 $14,000 $4,725 $9,275
2020 $3,239 $14,538 $3,402 $11,136
2019 $3,319 $16,521 $3,402 $13,119
2018 $3,263 $16,521 $3,402 $13,119
2017 $3,447 $16,011 $3,024 $12,987
2016 $2,707 $16,011 $3,024 $12,987
2015 $2,453 $16,011 $3,024 $12,987
2014 $1,950 $13,076 $2,646 $10,430
2013 $1,900 $13,076 $2,646 $10,430
Source: Public Records

Agents Affiliated with this Home

  • Michael Fisher

    Seller's Agent in 2024

    Michael Fisher

    M Property Group LLC

    (815) 955-1272

    1 in this area

    121 Total Sales

    Michael Fisher
    Section Image
  • Doritha McCoy

    Buyer's Agent in 2024

    Doritha McCoy

    EXIT Strategy Realty

    (773) 407-1229

    1 in this area

    60 Total Sales

    Doritha McCoy
    Section Image

  • M

    Seller's Agent in 2016

    Mehmed Vulic

    Core Realty & Investments Inc.

See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11975984

Midwest Real Estate Data (MRED)
Illinois Cook County Chicago 60649 South Shore

7831 S Ridgeland Ave, Chicago, IL

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) 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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