MLS# MRD12205007 – 7524 S Kenwood Avenue, Chicago, IL 60619

$199,000 - 5Br/5Ba - for Sale in Chicago

Price: $199,000

Beds: 5

Baths: 3 full, 2 half

Living Area SqFt: 3,400

Status: Active

Property Type: Single Family Residence

Lot Size Acres: 0.22

Lot Size SqFt: 9,583

Year Built: 1893

Days on Website: 20

Courtesy of United Real Estate – Chicago {attribution_contact}

Property Description

Looking for a project with incredible potential? This spacious 4-floor home on a double lot is a diamond in the rough just waiting for the right buyer. Ideal for a large family, an investor, or anyone with a vision, this property offers the opportunity to create the home of your dreams or turn it into a profitable investment. It could be turned back into a 2 unit as well! The current owners started renovations but were overwhelmed, and now it’s your chance to benefit from their hard work! With a newer roof, two furnaces, updated windows, and a recently remodeled kitchen, many of the expensive upgrades have already been completed. This home features: 1 Bedroom on the 1st floor for easy living, with 3 Bedrooms on the 2nd floor. A 5th Bedroom in the attic, with plenty of room to expand further, plus potential for additional bedrooms or living space in the full basement. Over 4,600 sq. ft. of space in total, including 3rd-floor attic and basement areas – perfect for additional living space, a home office, or recreation area. Although the home needs work, it’s priced right to allow room for investors or large families to use an FHA renovation loan and customize the home to their needs. With ARVs of 400K+, this is a great opportunity for investors to add value and realize a strong return. Some minor plumbing (some pipes froze in basement) and electrical work is still required, but with a some TLC, this home will shine. Don’t miss your chance to grab this pre-market opportunity – it won’t last long!

Open House

Property Details and Features

Appliances & Equipment
Appliances: “Range”
Equipment: “Ceiling Fan(s)”

Basement
“Full”
Unfinished

Bathrooms
3 full bathrooms
2 half bathrooms

Bedrooms
5 bedrooms total

Building
Area: 3400
Architectural Style: “Colonial”
Built in 1893
Rebuilt: No

Cooling
“None”

Accessibility Features
No

Fireplaces
1 fireplace
Location: Living Room

Heating
“Natural Gas”
“Forced Air”

Home Owner’s Association
Dues include: “None”

Listing
18 days on market
Listing Price: $199,000
Status: Price Change
Ownership: Leasehold

Location
Area: CHI – South Shore
County: Cook

Lot
0.22 acres
Dimensions: 125.8’X74.1′

Parking
Parking included in price
Parking Total: 5
Parking Onsite: Yes
Parking Ownership: Owned
“Driveway”

Roof
“Asphalt”

Sewer
“Public Sewer”

Utilities
Water Source: “Lake Michigan”

Taxes
Annual Taxes: $3,380
Year: 2023

Property Map

$199,000 – 7524 S Kenwood Avenue, Chicago, IL 60619

Street View

Nearby Schools

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