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Brick Duplex for Renovation
New
For Sale
$180,000

7521 S Ridgeland Avenue, Chicago, IL 60649

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market3

Property Features for 7521 S Ridgeland Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 3
Full bathrooms 2
Half bathrooms 1
Rooms Bedroom 2, Bathroom 3, Bathroom 1, Basement, Bedroom 1, Bathroom 2, Bedroom 4, Bedroom 3
Parking 1
Basement Full, Unfinished
Elementary school district 299
Middle school district 299
High school district 299
Directions N/S on Stony Island Ave. East on 75th Street. Right on Ridgeland Ave to 7521 Ridgeland
Subdivision CHI - South Shore
Standard status Active
APN 20253030100000

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 4023

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Building Details

Year built 1915
Building materials Brick
Listing Agency: Pearson Realty Group
Listed By: Ricky Robinson
Added: Oct 22 Changed: Oct 23 Last Checked: Oct 24 at 3:06AM
MLS# 12792220

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

Built in 1915, this brick two-flat has four bedrooms, three bathrooms, and a basement. Public water and public sewer serve the property, and natural gas is listed as its heating source.

Some renovation work has been completed, including removal of the boiler and radiators, partial interior demolition and repairs, and removal of the rear porch and an unauthorized rear room. Further rehabilitation remains to be completed.

Key Highlights

  • Brick two‑flat built in 1915
  • Four bedrooms, three bathrooms, and a basement
  • Natural gas heating; public water and public sewer

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,441
Businesses Nearby

Demographics for 60649, IL

48,171
Population
28,249
Households
1.7
Avg Household Size
39
Median Age
25%
College-Educated
89%
High-School Grad
3.6 sq mi
ZIP Area
13,381
Density / Sq Mi
$40,142
Median Household Income
$36,474
Median Earnings
$1,066
Median Rent
$199,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - The two-flat has brick construction, public water and sewer, and interior work already underway.
Where is this duplex located?
The property is located at 7521 S Ridgeland Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: Brick two‑flat built in 1915; Four bedrooms, three bathrooms, and a basement; Natural gas heating; public water and public sewer
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