Discover a solid investment opportunity in the heart of Lansing, IL! This well-maintained ranch home, conveniently located near TF South high school, offers long-term value. Featuring a practical single-level layout plus a full basement and garage, the property provides space for storage or future improvements. Currently tenant-occupied with a lease in place through April 2027, this home delivers immediate and reliable rental income - perfect for investors seeking a turnkey addition to their portfolio. Whether you're expanding your portfolio or entering the investment market, this Lansing ranch is an opportunity you won't want to miss.
Single-familyProperty Type
1954Year Built
6,800 sq ftLot Size
$156Price/Sq.Ft.
2 car garageParking
Listed by Amy Wilkening• Weichert, Realtors-Moke Agency
Discover a solid investment opportunity in the heart of Lansing, IL! This well-maintained ranch home, conveniently located near TF South high school, offers long-term value. Featuring a practical single-level layout plus a full basement and garage, the property provides space for storage or future improvements. Currently tenant-occupied with a lease in place through April 2027, this home delivers immediate and reliable rental income - perfect for investors seeking a turnkey addition to their portfolio. Whether you're expanding your portfolio or entering the investment market, this Lansing ranch is an opportunity you won't want to miss.
Public Records
Jul 20, 2004
Sold
$118,000
$105/sq ft
Public Records
Jan 21, 1988
Sold
$52,900
$47/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$6,774 (+6.9%)
$2,890 + $11,110
$14,000
2022
$6,335 (+2.8%)
$2,550 + $7,197
$9,747
2021
$6,162 (+7.8%)
$2,550 + $7,197
$9,747
2020
$5,718 (−1.8%)
$2,550 + $7,197
$9,747
2019
$5,826 (+1.9%)
$2,380 + $7,853
$10,233
2018
$5,718 (−1.0%)
$2,380 + $7,853
$10,233
2017
$5,774 (+9.9%)
$2,380 + $7,853
$10,233
2016
$5,256 (+7.6%)
$2,210 + $7,402
$9,612
2015
$4,883 (+1.4%)
$2,210 + $7,402
$9,612
2014
$4,816 (+55.5%)
$2,210 + $7,402
$9,612
2013
$3,098 (+5.5%)
$2,210 + $7,302
$9,512
2012
$2,937 (+0.2%)
$2,210 + $7,302
$9,512
2011
$2,932 (−19.9%)
$2,210 + $7,302
$9,512
2010
$3,661 (+4.1%)
$2,210 + $9,195
$11,405
2009
$3,516 (+10.2%)
$2,210 + $11,378
$13,588
2008
$3,190 (+1.7%)
$3,536 + $10,768
$14,304
2007
$3,137
$3,536 + $9,257
$12,793
Public record
Public record
Zoning
Beds
3
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
6,800 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
1,120
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,120
Year built
1954
Style
Single Family Residential
County
Cook County
APN
30314190240000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 12, 2026.
R2
Single-Family Residence District
The purpose of the R2 single-family residential district is to provide for, and preserve, single-family detached residential development on lots that are a minimum of 7,150 sq ft in area within the village. The R2 district also provides for limited public and institutional uses compatible with surrounding residential neighborhoods.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Infrastructure
Educational/school
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.31% chance of being in a wildfire in next 30 years
3/10 Heat Factor
7 days above 102° expected this year, 15 days in 30 years
2/10 Wind Factor
0% chance of strong winds in next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Lansing, IL • 60438
Average low and high temperatures (°F)
30
16
39
23
55
34
62
43
68
49
81
63
86
69
83
64
79
58
68
48
51
37
37
23
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
88/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.3 hrs
5.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 18449 Ridgewood Ave
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $179,900 and $233,500.
Nearby comparable homes
The Redfin Estimate uses 5 recent nearby sales, priced between $180K to $234K.