6823-25 S RIDGELAND Avenue Chicago, IL ^$ 600,000

6823-25 S RIDGELAND Avenue

^$ 600,000

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6823-25 S RIDGELAND Avenue

Chicago, IL, 60649

^$ 600,000

Bedrooms3 Baths0.0 Sq 7,386

Monthly Estimate*

^$ 3,694

6823-25 S RIDGELAND Avenue, Chicago, IL 60649 - Image 1

6823-25 S RIDGELAND Avenue, Chicago, IL 60649 - Image 2

6823-25 S RIDGELAND Avenue, Chicago, IL 60649 - Image 3

6823-25 S RIDGELAND Avenue, Chicago, IL 60649 - Image 4

6823-25 S RIDGELAND Avenue, Chicago, IL 60649 - Image 5

Multi-Family Home for sale in Chicago, IL

for $600,000 with 3 bedrooms. This 7,386 square foot home was built in 1916 on a lot size of 0.154959.

A recently improved 6-unit multifamily asset offering a blend of modern updates and remaining upside. With many units already renovated, a new owner can focus on rent optimization rather than heavy cap-ex, positioning this property for a strong refinance or resale following stabilization.

Multi-Family Active

Price

^$ 600,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 6,135

Style

Multi-Family

Lot Size

0.154959

Year Built

1916

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12539514

Features

General

Possession Tenant's Rights

Roof Reflective Coating

Zoning MULTI

Construction Materials Brick

Year Built 1916

Electric Fuses

Tenant Pays Electricity Other

Stories Count 3

Township Hyde Park

Tax Year 2023

Current Use Multi-Family

Gross Income 89520

County Cook

Net Operating Income 37054

Operating Expense 32066

Insurance Expense 5000

Property Type Commercial Sale Multi Family 5+

MaintenanceExpense 1500

Possible Use Multi-Family

Status New

Directions 69TH STREET EAST OR WEST TO RIDGELAND SOUTH TO PROPERTY

City Chicago

Number Of Units Total 6

MLS Area CHI - South Shore

Lot Size Square Feet 6750

Tax Annual Amount 6135

Electric Expense 462

Fuel Expense 657

Trash Expense 1972

Water Sewer Expense 3125

Additional Parcels Y/N N

Standard Status Active

Exterior

Foundation Details Concrete Perimeter

Building Area Total 7386

Lot Dimensions 60X125

* Excluded Features

List By

Exit Strategy Realty

Broker

jaymalgreen@gmail.com

Affordability Calculator

$4,206

Per Month

Monthly Principal & Interest: $3,694
Monthly Property Taxes: $511
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 6.25% 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 ^$587,767

Percent of Sale Price 2%

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.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/7/2026	$600,000		Listed Price

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6823-25 S RIDGELAND Avenue, Chicago, IL, 60649 is a Multi-Family Home for sale at $600,000 with 7,386 sqft and a lot size of 0.154959. 6823-25 S RIDGELAND Avenue has 3 bedrooms, 0.0 baths, and was built in 1916. 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 6.25% 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 1/11/2026.

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6823-25 S RIDGELAND Avenue

Multi-Family Home for sale in Chicago, IL

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