$715,000

5318 S Kenneth Avenue, Chicago, IL 60632

  • 7 beds |
  • 7 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 2007
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Recently completed updates and a complete transformation make this turn-key 3-unit building feel almost brand new and completely move-in ready. The property has successfully passed PLUMBING, HVAC, and ELECTRICAL city inspections. 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. Tucked away on a quiet residential street, this fully updated property offers excellent rental income potential and flexibility for both investors and owner-occupants. Whether you choose to live in one unit and rent the others or lease all three, this property is designed for low-maintenance ownership and strong long-term value. 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.

Listing Status:
Active
Data Last Updated:
July 24, 2026 at 7:18AM
Listing Office:
Baird & Warner : 847-924-0733
Listing Agent:
Mina Nikolic : 847-924-0733
MLS ID:
12629821
  • Master Bath: Soaking Tub
  • Basement: FinishedConcreteStorage SpaceFullDaylight
  • Heating: Natural Gas
  • Parking: UnassignedOff AlleyYesOtherParking spaces: 3
  • Roofing: Asphalt
  • HOA Amenities: ParkSidewalksStreet Lights
  • Originating MLS: mred
  • School District: 299
  • County: Cook
  • Zoning: 19103240921001
  • Water: Lake MichiganPublic
  • Sewer: Public Sewer
  • Source: mred
  • Ownership: Fee Simple

This listing courtesy of Mina Nikolic , Baird & Warner

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Similar Listing