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$103,000
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Property Description
Please don't let the extended marketing timeline discourage you from considering this property. The home initially required Probate, which created unavoidable delays. It was then rescued from foreclosure, and the Executor chose to complete a full renovation to better position it for prospective buyers, adding additional time but significantly enhancing its value. This renovated South Shore townhome offers an excellent investment opportunity, whether you're targeting rental income, affordable housing demand, or short-term rental potential via Airbnb. Inside, you'll find space with wood laminate flooring throughout, along with updated kitchen and bathrooms designed to appeal to both owner-occupants and renters. The upper level features a relaxing Jacuzzi bath, while a main-level half bath adds convenience and practicality. A fully finished basement offers valuable, flexible space-ideal for a family room, office, or entertainment area-that enhances both livability and rental appeal. Located just minutes from the lakefront, key cultural attractions, and the future Obama Presidential Library, this property is well-positioned for long-term appreciation and strong tenant demand. With no HOA fees, you'll also benefit from lower ongoing expenses and improved cash flow. Move-in ready and low-maintenance, this home combines modern upgrades with a prime location. Schedule a viewing today to see the income and value potential for yourself.
Full Property Details
Full Property Details for 7251 S Ridgeland Ave #E
General
- Sold For: $103,000
- Taxes: $1,315 (2023)
- Status: Closed
- Type: Townhouse
- Source: MRED
- MLS ID: 12454373
- Added to Site: 234 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Additional Information
- Shared Amenities: None
Parking
- Total Spaces: 1
- Parking Features: Off-Alley, Yes, Owned
Location
- Area: CHI - South Shore
- County: Cook
- Driving Directions: Stoney Island Avenue to 72nd Street, east to Ridgeland, south to property.
School Information
- School District: 299
- Midd School District: 299
Community
- Assoc. Fees Include: None
- Pets Allowed: Yes
- Pet Restrictions: Cats OK, Dogs OK, / 100lbs.
Heating & Cooling
- Cooling Type: None
- Heating Type: Natural Gas
Utilities
- Water: Lake Michigan
Structural Information
- Structure Type: Townhouse (2-Story)
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Partially Finished, Full
- Entry Floor Number: 2
- Stories/Levels: 2
- Square Feet: 936
- Sq. Ft. Source: Assessor
- Year Built: 1965
- Built Before 1978: Yes
Unit Information
- Units in Building: 6
Lot Features
- Lot Dimensions: 20 x 20
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1965
- Tax Amount: $1,315.34
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 20251160250000
Listed by ASAGA Realty & Housing Development
Sold by Serene Realty, Inc.
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Schools
Schools serving 7251 S Ridgeland Ave #E
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Bouchet Elementary Math & Science Academy 7355 South Jeffery Boulevard, Chicago, IL 60649 | K-8 | 0.4 mi |
Chicago Vocational Career Academy High School 2100 East 87th Street, Chicago, IL 60617 | 9-11 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7251 S Ridgeland Ave #E
Date
Details
Price
Change
Source
2/05/2026
Sold
$103,000
3.1%
MLS
11/10/2025
Price Reduced
$99,900
-9.1%
MLS
10/22/2025
Price Reduced
$109,900
-8.34%
MLS
9/30/2025
Price Reduced
$119,900
-7.7%
MLS
8/24/2025
Listed
$129,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7251 S Ridgeland Avenue #E, Chicago, IL 60649 (MLS# 12454373) is a Townhouse property that was sold at $103,000 on February 05, 2026. Want to learn more about 7251 S Ridgeland Avenue #E? Do you have questions about finding other Townhouse real estate for sale in South Shore? You can browse all South Shore real estate or contact a Coldwell Banker agent to request more information.

