OFF MARKET

Off Market May 2020 for $150K

—

Est. refi paymentEst. refi $987/mo

•

6 ba

•

6,480

sq ft

1533 S Ridgeway Ave, Chicago, IL 60623

About this home

GREAT OPPORTUNITY TO BRING IN CONSISTENT INCOME! Building is in need of rehab. No issues with Electrical and Plumbing systems. 3(2BR) and 3(3BR) units. Potential Rent - 3BR: up to $1350 each; 2BR: up to $1000 each. Total of $7050 per month in positive cash flow. Front units have balconies. All units are spacious with formal dining rooms, eat in kitchens and deep storage closets. This property is vacant. Rehab will need to be performed prior to renting units. BEING SOLD AS-IS. CASH OFFERS PREFERRED BY SELLER. Seller will not accept any offer below $150K.

Multi-familyProperty Type

1911Year Built

4,356 sq ftLot Size

$23Price/Sq.Ft.

Listed by Tamelra Powell • eXp Realty

Bought with Ron Lewis • Re/Max Cityview

Redfin checked: 2 minutes ago

•Source:MRED as Distributed by MLS Grid #10659599

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in North Lawndale, IL

Last updated August 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

97.3%

1.1% MoM

Median sale price

$394K

$10K MoM

Avg. days on market

75d

6 days MoM

Recently sold homes

4 MoM

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Provided by Redfin

Sale history for 1533 S Ridgeway Ave

Date

Event

Price

Public Records

Jul 30, 2020

Sold

$150,000

$23/sq ft

MRED as Distributed by MLS Grid #10659599

May 29, 2020

Sold (MLS) (Closed Sale)

$150,000

$23/sq ft

May 17, 2020

Pending (Contingent (Do Not Show))

—

May 13, 2020

Relisted (Reactivated)

—

Apr 28, 2020

Pending (Contingent (Do Not Show))

—

Apr 20, 2020

Relisted (Reactivated)

—

Apr 5, 2020

Pending (Contingent)

—

Mar 28, 2020

Price Changed

$159,000

$25/sq ft

Mar 28, 2020

Relisted (Reactivated)

—

Mar 7, 2020

Listing Removed

—

Mar 7, 2020

Listed

$185,000

$29/sq ft

MRED as Distributed by MLS Grid #10326529

Aug 15, 2019

Pending

—

Aug 14, 2019

Listing Removed

—

Jul 7, 2019

Price Changed

Apr 1, 2019

Listed (New)

MRED as Distributed by MLS Grid #09667345

Apr 6, 2018

Sold (MLS) (Closed Sale)

$89,000

$14/sq ft

Mar 8, 2018

Contingent

—

Mar 8, 2018

Relisted (Reactivated)

—

Mar 5, 2018

Listing Removed

—

Dec 8, 2017

Price Changed

$125,000

$19/sq ft

Oct 28, 2017

Relisted (Reactivated)

—

Jul 29, 2017

Contingent

—

Jun 21, 2017

Listed (New)

$149,000

$23/sq ft

MRED as Distributed by MLS Grid #09411071

Jun 21, 2017

Listing Removed

—

Jun 17, 2017

Relisted (Reactivated)

—

May 8, 2017

Listing Removed

—

Mar 10, 2017

Price Changed

Feb 10, 2017

Price Changed

Feb 6, 2017

Price Changed

Jan 21, 2017

Price Changed

Jan 2, 2017

Listed (New)

Year

Property tax

Land + Additions

Assessment*

2023

$4,869 (+2.6%)

$5,140 + $17,859

$22,999

2022

$4,747 (+2.3%)

$5,140 + $17,859

$22,999

2021

$4,640 (+11.4%)

$5,140 + $17,859

$22,999

2020

$4,166 (−3.5%)

$5,140 + $13,498

$18,638

2019

$4,318 (+1.7%)

$5,140 + $16,283

$21,423

2018

$4,245 (+98.9%)

$5,140 + $16,283

$21,423

2017

$2,134 (−45.0%)

$4,593 + $14,780

$19,373

2016

$3,880 (+26.4%)

$4,593 + $14,780

$19,373

2015

$3,069 (−18.9%)

$4,593 + $14,780

$19,373

2014

$3,786 (+2.3%)

$4,375 + $18,600

$22,975

2013

$3,700 (+39.5%)

$4,375 + $18,600

$22,975

2012

$2,652 (−53.0%)

$4,375 + $18,600

$22,975

2011

$5,647 (−0.4%)

$6,125 + $28,724

$34,849

2010

$5,671 (+4.4%)

$6,125 + $28,724

$34,849

2009

$5,434 (−8.7%)

$6,125 + $28,724

$34,849

2008

$5,953 (+1.0%)

$5,600 + $35,900

$41,500

2007

$5,894

$5,600 + $35,900

$41,500

Tax history for 1533 S Ridgeway Ave

Year

Property tax

Land + Additions

Assessment*

2023

$4,869 (+2.6%)

$5,140 + $17,859

$22,999

2022

$4,747 (+2.3%)

$5,140 + $17,859

$22,999

2021

$4,640 (+11.4%)

$5,140 + $17,859

$22,999

2020

$4,166 (−3.5%)

$5,140 + $13,498

$18,638

2019

$4,318 (+1.7%)

$5,140 + $16,283

$21,423

2018

$4,245 (+98.9%)

$5,140 + $16,283

$21,423

2017

$2,134 (−45.0%)

$4,593 + $14,780

$19,373

2016

$3,880 (+26.4%)

$4,593 + $14,780

$19,373

2015

$3,069 (−18.9%)

$4,593 + $14,780

$19,373

2014

$3,786 (+2.3%)

$4,375 + $18,600

$22,975

2013

$3,700 (+39.5%)

$4,375 + $18,600

$22,975

2012

$2,652 (−53.0%)

$4,375 + $18,600

$22,975

2011

$5,647 (−0.4%)

$6,125 + $28,724

$34,849

2010

$5,671 (+4.4%)

$6,125 + $28,724

$34,849

2009

$5,434 (−8.7%)

$6,125 + $28,724

$34,849

2008

$5,953 (+1.0%)

$5,600 + $35,900

$41,500

2007

$5,894

$5,600 + $35,900

$41,500

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

4,375 Sq. Ft.

Year renovated

—

Sq. Ft.

6,480

Year built

1914

Style

Multi-Family (5+ Unit)

County

Cook County

APN

16231270110000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 11, 2026.

RT-4

Residential Two-Flat, Townhouse and Multi-Unit District

The primary purpose of the RT districts is to accommodate detached houses, two-flats, townhouses and low-density, multi-unit residential buildings at a density and building scale that is compatible with RS districts. The districts are intended to be applied in areas characterized by a mix of housing types. The districts are also intended to provide a gradual transition between RS districts and higher density RM districts. The RT districts are differentiated primarily on the basis of allowed density (minimum lot area per unit) and floor area ratios.

Permitted uses

Include but are not limited to:

Religious facility
Day care facility
Hospital / medical center
Housing-Group
Housing-Multiple units
Housing-Senior
Infrastructure
Bed & breakfast
Office
Public service

Property details

Interior

Heating & Cooling
Central Building Heating, Gas Heating, Hot Water Heating

Multi-Family Information
# of Units: 6
Tenant Pays Electric, Tenant Pays Other Expenses

Unit 1 Information
# of Units of Type: 3
# of Rooms: 6
# of Beds: 3
# of Baths: 1
Monthly Income: $850
Maximum Monthly Income: $1,200

Unit 2 Information
# of Units of Type: 3
# of Rooms: 5
# of Beds: 2
# of Baths: 1
Monthly Income: $700
Maximum Monthly Income: $1,000

Exterior

Building Information
Built Before 1978
Age: 51+ Years
Brick Exterior
Brick Construction

Lot Information
Dimensions: 4375

Property Information
Parcel Identification Number: 16231270110000

Financial

Financial Information
Tax: $4,185
Tax Year: 2018
Gross Rent Multiplier: 3.18
Finance Code: Cash

Location

Location Information
Township: West Chicago
Directions: S. Central Park Ave to 16th Street, West to Ridgeway, North to Address

Public facts

Beds: 12
Baths: 6.0
Sq. Ft.: 6,480
Stories: 3.0
Lot Size: 4,375 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1914
Year Renovated: —
County: Cook County
APN: 16231270110000

Home facts updated by county records on Jul 11, 2026

Other

Listing Information
Possession: Closing
Seller Concessions: No

Around this home

Schools

Herzl Elementary School

Public PreK-8 • Assigned • 0.1mi

2/10

Farragut Career Academy High School

Public 9-12 • Assigned • 0.9mi

1/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 100° expected this year, 14 days in 30 years

2/10 Wind Factor

1% chance of strong winds in next 30 years

4/10 Air Factor

5 unhealthy days expected this year, 7 days in 30 years

Provided by First Street

Historical weather

Chicago, IL • 60623

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.3 hours in June and 3.3 hours in December, placing it below the U.S. average for solar exposure.

10.3 hrs

3.3 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

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Home values near 1533 S Ridgeway Ave

Data from public records.

Address	Redfin Estimate
1535 S Ridgeway Avenue, Chicago, IL 3 Beds \| 2 Baths \| 1438 Sq. Ft.	$273,136
1538 S Ridgeway Avenue, Chicago, IL 3 Beds \| 1 Baths \| 1365 Sq. Ft.	$123,873

Address	Redfin Estimate
1541 S Ridgeway Avenue, Chicago, IL 3 Beds \| 2 Baths \| 1438 Sq. Ft.	$206,929
1515 S Ridgeway Avenue, Chicago, IL 2 Beds \| 1 Baths \| 1017 Sq. Ft.	$143,686

Address	Redfin Estimate
1539 S Ridgeway Avenue, Chicago, IL 3 Beds \| 2 Baths \| 1438 Sq. Ft.	$289,677
1543 S Ridgeway Avenue, Chicago, IL 15 Beds \| 6 Baths \| 5946 Sq. Ft.	—

Property information provided by MRED as Distributed by MLS Grid when last listed in 2020. This data may not match . Learn more.

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About this home

Redfin Estimate

Market trends in North Lawndale, IL

Sale history for 1533 S Ridgeway Ave

Tax history for 1533 S Ridgeway Ave

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 60623

Home values near 1533 S Ridgeway Ave

More real estate resources