530 S Ridgeland Avenue, Oak Park, IL 60304 For Sale

Welcome to 530 S. Ridgeland Ave! This well-maintained all-brick two-unit building is a fantastic opportunity for both owner-occupants and investors. Each unit features 2 spacious bedrooms, 1 full bathroom, beautiful hardwood floors, and plenty of natural light. The first-floor unit is currently tenant-occupied on a two-year lease at market rent, providing immediate rental income, while the second-floor unit is vacant, updated, and move-in ready, making it perfect for an owner occupant, or an investor seeking additional cash flow. Recent updates include a new roof (2019), water heater (2023), updated kitchen and bathroom, newer windows, and an updated electrical panel. The bright enclosed sunroom offers additional living space and has the potential to be converted into a third bedroom, home office, or flex room. Outside, you'll find a fenced backyard, a detached two-car garage, and an additional carport currently used by the tenant for off-street parking. Conveniently located in the heart of Oak Park with easy access to I-290, public transportation, shopping, dining, parks, and schools, this turnkey property offers the perfect combination of comfort, convenience, and investment potential. Nothing to do but move in and start collecting rental income. Showings are only available for the upstairs unit. Schedule your private showing today!