ActivePrice Reduced

$715,000

$759,000
5318 Kenneth Avenue, Chicago, IL 60632
7 Beds7 Baths52 days
5318 Kenneth Avenue·Chicago, IL 60632
7Bedrooms
7Bathrooms
2007Year Built
About This Home

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.

MLS# 12629821Listed May 5, 2026Residential Income
Property Details

Beds & Baths

Total Bedrooms7
Total Bathrooms7
Total Rooms13

Size & Structure

Year Built2007
Lot SizeLESS THAN .25 ACRE

Location

CountyCook
TownshipSouth Chicago
Zip Code60632

Financial

List Price$715,000
Original Price$759,000
Annual Taxes (2024)$12,370
Monthly Tax Est.$1,031
Parcel #19103240921001
Interior Features

Heating

Natural Gas

Basement

FinishedConcreteStorage SpaceFullDaylight
Exterior & Lot

Construction

Brick

Roof

Asphalt
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake MichiganPublic

Parking

UnassignedOff AlleyYesOther
HOA & Community

Community Features

ParkSidewalksStreet Lights
Schools
Elementary
Edwards Elementary School
District: 299
Middle School
Peck Elementary School
District: 299
High School
Curie Metropolitan High School
District: 299
Tax & Financial
Annual Taxes
$12,370
Tax Year 2024
Monthly Tax Est.
$1,031
per month
Price Reduced by $44,000
Original list price: $759,000
Property Location

5318 Kenneth Avenue, Chicago, IL 60632Cook County

$715,000
5318 Kenneth Avenue
7 bd7 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
52 days on market
LESS THAN .25 ACRE
$12,370/yr taxes
Price reduced $44,000
$4,788
estimated monthly payment
Principal & Interest
$3,758/mo
Property Tax
$1,031/mo
$715,000
20% — $143,000
3%50%
6.875%
3%12%
Loan Amount
$572,000
Down Payment
$143,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Baird & Warner
Agent: Mina Nikolic
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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