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5318 S Kenneth Ave , Chicago, IL 60632
$715,000
Est. Payment: $3,862.55/mo
7 Bed
7 Bath
Status: closed | Days on site: 136
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4955 - 43089,30455,889089
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House Description

PASSED ALL CITY INSPECTIONS! COME AND APPLY FINANCING LIVE IN ONE AND RENT OTHER TWO UNITS. FHA CONVENTIONAL APPROVED BUILDING! Recently completed updates and a complete transformation make this turn-key 3-unit building feel almost brand new and completely move-in ready. Major improvements include a brand-new electrical system (2026), first floor furnace and A/C (2024), all new copper plumbing throughout all three units (2025), new heating pipes (2025), new decks for the first and second floor units, and a new thermostat on the second floor. The building has also been freshly painted throughout, including the decks, and all units feature new fire-rated front doors. New electrical smoke and carbon monoxide detectors were installed in 2025, offering added safety and peace of mind. This building offers great rental income potential and flexibility for both investors and owner-occupants.7 Bedrooms, 7 baths. The owner's duplex is a standout, featuring 3 bedrooms, 3 bathrooms, and over 2,400 square feet across two spacious levels with two separate entrances. The second and third floor units each offer oversized 2 bed / 2 bath layouts with more than 1,200 square feet of living space, giving tenants the comfort and feel of newer construction. The finished English basement with 7-foot ceilings adds versatile extra living space, ideal for an in-law arrangement, recreation area, or extended living setup. Building comes with 3 parking spaces. Located just minutes from Midway International Airport and within walking distance to the CTA Orange Line, this property offers the perfect combination of modern updates, spacious layouts, and commuter-friendly convenience.

Highlights

Listed by Mina Nikolic , 847-924-0733 and Joel Raynes , (312) 607-2784 Baird & Warner , 847-724-1855. Midwest Real Estate Data mls logo

Property Type

Multi-Family

Year Built

2007

County

Cook

Area

CHI - West Elsdon

School District

299

Listing ID

12629821

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:7
  • ▪ Bathrooms:7
Appliances:CO Detectors,Sump Pump
Basement:Finished,Concrete,Storage Space,Full,Daylight
Water:Lake Michigan,Public

Exterior Features

Lot Dimensions:LESS THAN .25 ACRE
Garage Capacity:3
Roof:Asphalt
Sewer:Public Sewer
Parking Features:Unassigned,Off Alley,Yes
Principal Interest
$3,863
Taxes
$1,031

Home Price

$715,000

Loan Details

30 yrs
7.148%

Down Payment

20%
$143,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,862.55

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,862.55 $1,030.83 $0.00 $4,893.39
Yearly $46,350.65 $12,370.00 $0.00 $58,720.65
Total $1,390,519.35 $371,100.00 $0.00 $1,761,619.35
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Chicago, IL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MRED as of the date listed below. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability. Some listings have been excluded from this website.

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Data last updated: 2026-11-02T19:27:07.000Z

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