5318 S Kenneth Avenue
Chicago, IL, 60632 $ 759,000
Bedrooms7 Baths7.0 Sq 4,800 Monthly Estimate*
$ 4,673
for $759,000 with 7 bedrooms and 7 full baths. This 4,800 square foot home was built in 2007.
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.
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FeaturesGeneralSewer Public Sewer
Heating Natural Gas
Possession Closing
Roof Asphalt
Construction Materials Brick
Year Built 2007
Township South Chicago
Tax Year 2024
Ownership Fee Simple
Community Features Park Sidewalks Street Lights
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 13
Status Active
Directions turn right on S ArcherAve turn left on S Kostner Ave make right on 53rd St. and turn left onto S Kenneth Ave
High School Curie Metropolitan High School
City Chicago
High School District 299
MLS Area CHI - West Elsdon
Elementary School Edwards Elementary School
Tax Annual Amount 12370
Middle/Junior High School Peck Elementary School
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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InteriorBasement Finished Concrete Storage Space Full Daylight
Total Bedrooms 7
Total Baths 7
Bedrooms Possible 7
Bathroom Soaking Tub
Full Baths Building 7
Half Baths Building 0
Total Number of Units 3
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ExteriorParking Features Unassigned Off Alley Yes Other
Water Source Lake Michigan Public
Total Parking 3
Lot Dimensions LESS THAN .25 ACRE
Waterfront Y/N N
Other Equipment CO Detectors Sump Pump
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* Excluded FeaturesList Byminanikolic478@gmail.com;mina.nikolic@bairdwarner.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,673
- Monthly Property Taxes
- $1,031
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Chicago, IL
Average List Price $613,490
Percent of Sale Price 19%
About Chicago, IL 2,755,380 Population
-4% Since 2002
$ 53,088 Median Income
36.07 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
5455178 Elementary School
5441861 Middle School
Curie Metropolitan High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/6/2026 | $759,000 | | Listed Price |