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$673,000
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Property Description
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.
Full Property Details
Full Property Details for 9821 S Ridgeland Ave
General
- Sold For: $673,000
- Taxes: $24,081,368 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12336242
- Added to Site: 283 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 6
Bedrooms
- Total Bedrooms: 7
Additional Information
- Equipment: Intercom, Fire Sprinklers, Carbon Monoxide Detectors
- Other Features: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
Parking
- Total Spaces: 7
- Parking Features: Assigned, Driveway, Parking Lot, On Site, Owned
- Parking On-Site: Yes
Location
- Area: Oak Lawn
- County: Cook
- Driving Directions: 95TH TO RIDGELAND S. TO ADDRESS
School Information
- School District: 122
- Midd School District: 122
- Elementary School: Columbus Manor Elementary School
- Middle School: Simmons Middle School
- High School: Oak Lawn Comm High School
- Private School: Oak Lawn Comm High School
Heating & Cooling
- Heating Type: Natural Gas, Forced Air, Sep Heating Systems - 2+, Individual Controls
Utilities
- Water: Lake Michigan
Structural Information
- Architectural Style: Other
- Construction: Brick, Stone
- Exterior Const.: Brick, Stone
- Basement Desc.: None
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Year Built: 1986
Unit Information
- Units in Building: 3
Lot Features
- Lot Size Range: Oversized Chicago Lot
- Lot Dimensions: 50 x 110
- Lot Features: Landscaped
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1986
- Tax Amount: $24,081,368
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 24081230120000
Listed by Keller Williams Preferred Rlty
Sold by Century 21 S.G.R., Inc.
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Schools
Schools serving 9821 S Ridgeland Ave
School Districts:Ridgeland School District 122, Oak Lawn Community High School District 229
| Name | Grades | Distance |
|---|---|---|
Columbus Manor Elementary School 9700 Mayfield Avenue, Oak Lawn, IL 60453 | PK-5 | 0.6 mi |
Simmons Middle School 6450 West 95th Street, Oak Lawn, IL 60453 | 6-8 | 0.5 mi |
Oak Lawn Community High School 9400 Southwest Highway, Oak Lawn, IL 60453 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 9821 S Ridgeland Ave
Date
Details
Price
Change
Source
6/09/2025
Sold
$673,000
-3.86%
MLS
4/11/2025
Listed
$700,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
9821 S Ridgeland Avenue, Oak Lawn, IL 60453 (MLS# 12336242) is a Multi-Family property that was sold at $673,000 on June 09, 2025. Want to learn more about 9821 S Ridgeland Avenue? Do you have questions about finding other Multi-Family real estate for sale in Oak Lawn? You can browse all Oak Lawn real estate or contact a Coldwell Banker agent to request more information.

