2330 S Ridgeway Avenue Chicago, IL $ 149,900
2330 S Ridgeway Avenue
$ 149,900
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2330 S Ridgeway Avenue

Chicago, IL, 60623
$ 149,900
Bedrooms5 Baths2.0 Sq 2,000

Monthly Estimate*

$ 923

2330 S Ridgeway Avenue, Chicago, IL 60623 - Image 1
2330 S Ridgeway Avenue, Chicago, IL 60623 - Image 2
2330 S Ridgeway Avenue, Chicago, IL 60623 - Image 3

Multi-Family Home for sale in Chicago, IL

for $149,900 with 5 bedrooms and 2 full baths. This 2,000 square foot home was built in 1908.

Value-add investment opportunity located in Chicago's vibrant Little Village / South Lawndale neighborhood. This brick multi-unit property offers strong potential for investors, developers, or owner-occupants looking to build equity through renovation. The building currently features two legal dwelling units plus an existing garden in-law unit, with each unit configured as 2 bedrooms and 1 bathroom. The property experienced recent 2nd floor fire damage. This brick structure remains sound, creating an opportunity for renovation and long-term value creation. The property sits within an RT-4 zoning district, which may allow the legalization of the existing third unit, creating additional rental income potential once properly permitted. Exterior features include ample off-street parking with a large concrete pad, a valuable amenity for residents and tenants alike. Bring your contractor and vision-this property is ready for its next chapter.

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Multi-Family Active

Price

$ 149,900

Bedrooms

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 4,220

Style

Year Built

1908

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12591093

Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing
Construction Materials Brick
Year Built 1908
Township West Chicago
Tax Year 2023
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 12
Status New
Directions Take 24th Street North to Property
City Chicago
High School District 299
MLS Area CHI - South Lawndale
Tax Annual Amount 4220
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Finished Full
Total Bedrooms 5
Total Baths 2
Bedrooms Possible 5
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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Exterior
Parking Features Yes
Water Source Lake Michigan Public
Total Parking 2
Lot Dimensions 25x125
Waterfront Y/N N
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* Excluded Features
List By
Altura Realty Inc.

Broker

brianp@altura-realty.com

Email

Affordability Calculator

$1,275
Per Month
72%
28%
0%
Monthly Principal & Interest
$923
Monthly Property Taxes
$352
Monthly 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
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/16/2026$149,900 Listed Price

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2330 S Ridgeway Avenue, Chicago, IL, 60623 is a Multi-Family Home for sale at $149,900 with 2,000 sqft. 2330 S Ridgeway Avenue has 5 bedrooms, 2.0 baths, and was built in 1908. The property's zip code is 60623 which is in Chicago, IL