7524 S Kenwood Ave Chicago, IL 60619
Grand Crossing NeighborhoodEstimated payment $1,367/month
Total Views
16,710
5
Beds
5
Baths
--
Sq Ft
--
Price per Sq Ft
About This Home
This spacious 4-story property on a double lot is a hidden gem, ready for the right buyer to unlock its full potential. Perfect for an investor or a family looking to create their dream home, this multi-family zoned property was originally designed as a two-unit but could easily be transformed into a single-family residence. The current owners started renovations but were unable to complete them, presenting an amazing opportunity to benefit from their hard work! Many of the big-ticket upgrades have already been done, including a newer roof, updated windows, and a recently remodeled kitchen. The first-floor unit offers 2 bedrooms, a kitchen, and two bathrooms, while the second unit on the second floor features 3 bedrooms and 2 bathrooms. The third-floor attic is ready to be duplexed into additional living space, including a possible bedroom and bathroom. The full, unfinished basement boasts high ceilings, offering the option to duplex it with the first floor for even more living space. While the building still requires a lot of work, including minor plumbing and electrical work (pipes in the basement froze), it's priced to allow room for buyers to use a renovation loan to customize the home to their needs. With high ARVs (After Repair Values), this property offers significant value for investors looking to add equity and realize a strong return. Don't miss this opportunity to transform this diamond in the rough into a stunning, value-filled property!
Listing Agent
Legacy Properties, A Sarah Leonard Company License #475207603 Listed on: 02/28/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,380
Year Built
- Built in 1893
Lot Details
- 9,583 Sq Ft Lot
- Lot Dimensions are 125.8'x74.1'
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- 5 Bathrooms
Basement
- Basement Fills Entire Space Under The House
Parking
- 4 Parking Spaces
- Driveway
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
- 2 Units
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,381 | $20,000 | $8,505 | $11,495 |
| 2023 | $3,284 | $15,968 | $11,813 | $4,155 |
| 2022 | $3,284 | $15,968 | $11,813 | $4,155 |
| 2021 | $3,211 | $15,966 | $11,812 | $4,154 |
| 2020 | $4,719 | $21,183 | $10,395 | $10,788 |
| 2019 | $4,677 | $23,278 | $10,395 | $12,883 |
| 2018 | $4,598 | $23,278 | $10,395 | $12,883 |
| 2017 | $5,838 | $27,119 | $9,450 | $17,669 |
| 2016 | $5,432 | $27,119 | $9,450 | $17,669 |
| 2015 | $4,969 | $27,119 | $9,450 | $17,669 |
| 2014 | $3,691 | $19,892 | $7,560 | $12,332 |
| 2013 | $3,618 | $19,892 | $7,560 | $12,332 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/13/2025 06/13/25 | For Sale | $199,000 | 0.0% | -- |
| 05/29/2025 05/29/25 | Pending | -- | -- | -- |
| 05/20/2025 05/20/25 | For Sale | $199,000 | 0.0% | -- |
| 05/16/2025 05/16/25 | Off Market | $199,000 | -- | -- |
| 03/11/2025 03/11/25 | Pending | -- | -- | -- |
| 02/28/2025 02/28/25 | For Sale | $199,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $15,500 | Fidelity National Title | |
| Sheriffs Deed | -- | None Available | |
| Special Warranty Deed | $240,000 | Tristar Title Llc | |
| Legal Action Court Order | $120,000 | None Available | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $130,754 | Credit Line Revolving | |
| Previous Owner | $216,000 | Unknown | |
| Previous Owner | $2,500 | Credit Line Revolving | |
| Previous Owner | $45,200 | No Value Available |
Source: Public Records
Similar Homes in Chicago, IL
Source: Midwest Real Estate Data (MRED)
MLS Number: 12301233
APN: 20-26-401-015-0000
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