$673,000
SOLD JUN 9, 2025

9821 S Ridgeland Ave Oak Lawn, IL 60453

7 Beds
6 Baths
-- Sq Ft
1986 Built

Recently Sold

4% Below List Price

7 Days on Market

Highlights

  • Landscaped Professionally
  • Intercom
  • Paved or Partially Paved Lot
  • Columbus Manor Elementary School Rated 9+
  • Two Heating Systems

About This Home

As of June 2025

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.

Last Agent to Sell the Property

Cynthia Agate

Keller Williams Preferred Rlty License #475187390 Listed on: 04/11/2025

Keller Williams Preferred Rlty

Co-Listed By

Kristina Maurella

Keller Williams Preferred Rlty License #475185648

Last Buyer's Agent

Patricia Arboleda

Century 21 S.G.R., Inc. License #475151365

Century 21 S.G.R., Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • Lot Dimensions are 50 x 110
  • Landscaped Professionally
  • Paved or Partially Paved Lot
  • Additional Parcels

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Stone Siding
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 6 Bathrooms

Home Security

  • Intercom
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Parking

  • 7 Parking Spaces
  • Driveway
  • Parking Lot
  • Parking Included in Price
  • Assigned Parking

Schools

  • Columbus Manor Elementary School
  • Simmons Middle School
  • Oak Lawn Comm High School

Utilities

  • Two Heating Systems
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Lake Michigan Water

Community Details

Overview

  • 3 Units

Building Details

  • Trash Expense $1,265
  • Water Sewer Expense $1,870
  • Gross Income $54,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Other
  • New Construction: No
  • Year Built: 1986
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 6
  • Total Bedrooms: 7
  • Other Equipment: Intercom, Fire Sprinklers, CO Detectors
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 6
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Central Air Conditioner,Laundry Hook-Up
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Central Air Conditioner,Laundry Hook-Up
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Central Air Conditioner,Laundry Hook-Up

Exterior Features

  • Construction Materials: Brick, Stone
  • Foundation Details: Concrete Perimeter
  • List Price: 700000
  • Lot Features: Landscaped
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Parking Features: Assigned, Driveway, Parking Lot, On Site, Owned
  • ParkingTotal: 7

Utilities

  • Sewer: Public Sewer, Storm Sewer
  • Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+, Indv Controls
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved
  • Conversion YN: N

Fee Information

  • Trash Expense: 1265
  • Water Sewer Expenses: 1870
  • Trash Expense Year: 2023

Schools

  • Elementary School: Columbus Manor Elementary School
  • High School: Oak Lawn Comm High School
  • Middle/Junior School: Simmons Middle School
  • Middle/Junior School District: 122

Lot Info

  • Additional Parcels Description: 24081230120000
  • Additional Parcels: Yes
  • Lot Dimensions: 50 X 110
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Multi Family

  • GrossIncome: 54000
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 24081368
  • Tax Year: 2023
  • Tax Exemptions: None

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2025 06/09/25 Sold $673,000 -3.9% --
04/18/2025 04/18/25 Pending -- -- --
04/11/2025 04/11/25 For Sale $700,000 +16.7% --
06/27/2024 06/27/24 Sold $600,000 -4.0% --
05/24/2024 05/24/24 Pending -- -- --
05/17/2024 05/17/24 Price Changed $625,000 -1.6% --
04/23/2024 04/23/24 For Sale $635,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12336242

Midwest Real Estate Data (MRED)