5318 S Kenneth Avenue, Chicago, IL 60632 | MLS #12629821 | Berkshire Hathaway HomeServices Chicago
 
Listing provided courtesy of Baird & WarnerMREDas Distributed by MLSGrid- MLS# 12629821MLS Provider

5318 S Kenneth AvenueChicago, IL 60632

Multi-Family · 7 Beds
$715,000 Active

5318 S Kenneth Avenue Overview

Time on Site:
55 days
Visits:
0

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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5318 S Kenneth Avenue Facts & Features

  • Type Multi-Family

Details

General

School Information

  • School District: 299
  • Elementary School: Edwards Elementary School
  • Middle Or Junior School: Peck Elementary School
  • High School: Curie Metropolitan High School

Building Information

  • New Construction: No
  • Year Built: 2007

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - West Elsdon
  • Township: South Chicago

Community/Development

  • Community Features: Park, Sidewalks, Street Lights

Tax Information

  • Tax Annual Amount: $12,370.00
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 19103240921001
  • Property Type: Residential Income
  • Special Listing Conditions: None

Interior

Parking Information

  • Half Baths Building: 0

Beds/Baths

  • Bathrooms Total: 7
  • Bedrooms Total: 7
  • Bedrooms Possible: 7
  • Full Baths Building: 7

General Information

  • Basement: Finished, Concrete, Storage Space, Full, Daylight
  • Heating: Natural Gas
  • Other Equipment: CO Detectors, Sump Pump
  • Rooms Total: 13

Exterior

Parking Information

  • Parking Features: Unassigned, Off Alley, Yes, Other
  • Parking Total: 3

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: LESS THAN .25 ACRE
  • Water Source: Lake Michigan, Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick
  • Roof: Asphalt

General Information

  • Sewer: Public Sewer

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Beds Total: 3
  • Baths Total: 3

Unit 2 Details

  • Unit Type: Unit 2
  • Beds Total: 2
  • Baths Total: 2

Unit 3 Details

  • Unit Type: Unit 3
  • Beds Total: 2
  • Baths Total: 2

5318 S Kenneth Avenue Neighborhood

Community

60632 (Chicago) Demographics

31
Median Age
11,593
Population Density (per sq. mile)
16%
College Educated
$46,937
Estimated Median Income
13,824
Estimated Total Home Owners
11,346
Estimated Total Renters
55% / 45%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5318 S Kenneth Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5318 S Kenneth Avenue Market Data

Based on the last 30 days in this zip code

$356,042
Average List Price
$254
Average Price per Square Foot
16
Properties Sold
60
Average Days on Market
48
Properties for Sale
Calculations provided by Reliance Network

5318 S Kenneth Avenue History

Date Event Value Agent
6/24/2026Source: MRED Status Change
Active
6/18/2026Source: MRED Price Reduction
$715,000 -5.8%
6/18/2026Source: MRED Status Change
Price Change
5/10/2026Source: MRED Status Change
Active
5/5/2026Source: MRED Added to Database
May 05, 2026