7521 S Ridgeland Avenue Chicago, IL ^$ 249,900

7521 S Ridgeland Avenue

^$ 249,900

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7521 S Ridgeland Avenue

Chicago, IL, 60649

^$ 249,900

Bedrooms4 Baths3.1

Monthly Estimate*

^$ 1,559

7521 S Ridgeland Avenue, Chicago, IL 60649 - Image 1

Multi-Family Home for sale in Chicago, IL

for $249,900 with 4 bedrooms and 3 full baths, 1 half bath. This home was built in 1915.

This property could be a great monthly cash flowing asset with an ARV of almost 400K. It has had some work completed (removal of boiler and radiators, partial interior demo and repair, removal of back porch and illegal back room). It is now time for some saavy owner/investor to complete the rehab and enjoy a cash flowing 2 Flat in a growing part of Chicago.

Multi-Family Active

Price

^$ 249,900

Bedrooms

Full Bath

Half Bath

Property Type

Multi-Family

Taxes

^$ 4,023

Style

Year Built

1915

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12497705

Features

General

Sewer Public Sewer

Heating Natural Gas

Possession Immediate

Construction Materials Brick

Year Built 1915

Township South Chicago

Tax Year 2023

Ownership Fee Simple

County Cook

New Construction N

Property Type Residential Income Two to Four Units

Total Rooms 9

Status Active

Directions N/S on Stony Island Ave. East on 75th Street. Right on Ridgeland Ave to 7521 Ridgeland

City Chicago

High School District 299

MLS Area CHI - South Shore

Tax Annual Amount 4023

Standard Status Active

Middle/Junior School District 299

Elementary School District 299

Interior

Basement Unfinished Full

Total Bedrooms 4

Total Baths 3

Bedrooms Possible 4

Full Baths Building 2

Half Baths Building 1

Total Number of Units 2

Exterior

Parking Features Yes

Water Source Public

Total Parking 1

Lot Dimensions 37x125

Waterfront Y/N N

* Excluded Features

List By

Pearson Realty Group

Broker

dj@pearsonrealtygroup.com

Affordability Calculator

$1,894

Per Month

Monthly Principal & Interest: $1,559
Monthly Property Taxes: $335
Monthly Home Insurance: --

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Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$619,377

Percent of Sale Price 148%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

566059 Elementary School

566846 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/12/2025	$249,900	-7.41%	Price Down
10/27/2025	$269,900		Listed Price

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7521 S Ridgeland Avenue, Chicago, IL, 60649 is a Multi-Family Home for sale at $249,900. 7521 S Ridgeland Avenue has 4 bedrooms, 3.1 baths, and was built in 1915. The property's zip code is 60649 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 12/16/2025.

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7521 S Ridgeland Avenue

Multi-Family Home for sale in Chicago, IL

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