5318 S Kenneth Ave, Chicago, IL 60632

Beds
7
Baths
7

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Listed byBaird & Warner
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Overview

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.

Location

Full feature list

Basic info

Property type
Other residential
Number of bedrooms
7
Number of bathrooms
7
Year built
2007

Exterior features

Water view
Yes

Utilities

Heating
Natural Gas
Sewer
Public Sewer
Water
Other, Public Water

Taxes

Tax Annual Amount (2024)
$12,370

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Midwest Real Estate Data (MRED) MLS®#: 12629821 Last checked:

Based on information submitted to the MLS GRID as of . 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.