$2,138 Closing Credit¹
#12293137, Zipporaha Barlow, Listing Office: Baird & Warner
$199,000 List price
7524 S Kenwood Ave Chicago, IL 60619
$2,363
Closing credit¹
5 beds
5 baths
0.2 acres
House
Property details
About 7524 S Kenwood Ave
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, two furnaces, 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!
Highlights
Home typeResidential
HeatingNatural Gas
StatusActive
BasementYes
Lot size0.22 Acres
Year built1893
ParkingDriveway
MLS #12301233
Summary
- MLS Number: 12301233
- MLS Name: MRED
- Office Name: Legacy Properties, A Sarah Leonard Company
- Office Phone: (224) 999-9100
- Office Email: managingbroker@legacypropertiesil.com
- Listing Agent: Michael Savegnago
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Get an agent. Get a mortgage. Save big.¹
$199,000
7524 S Kenwood Ave
$2,363
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 26, 2006 | Home Sold | $240,000 |
| Mar 01, 2006 | Home Sold | $120,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2022 | $15,966 | $3,283 |
| 2021 | $15,966 | $3,210 |
| 2020 | $21,183 | $4,718 |
| 2019 | $23,278 | $4,676 |
| 2018 | $23,278 | $4,598 |
| 2017 | $27,119 | $5,837 |
History based on county public records data.
Nearby schools
7
Woodlawn Elementary Community School
Public District PK-6
1.1 mi
•6657 S Kimbark Ave
4
Pirie Fine Arts and Academic Center Elementary School
Public District KG-6
1.4 mi
•650 E 85th St
8
McDowell Elementary School
Public District KG-5
1.7 mi
•1419 E 89th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $30,000. The majority of Chicago, IL residents have income less than $<35k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
51%
<35k
31%
35k-100k
16%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
53%
Single, No Kids
25%
Single, with Kids
14%
Married, No Kids
8%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
11%
12-17 yrs old
19%
18-34 yrs old
41%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Where do the neighbors shop?
Burlington
H&M
Foot Locker
Where do the neighbors go to eat?
White Castle
Boston Market
Little Caesars
What do the neighbors drive?
Kia
Honda
Dodge
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 7524 S Kenwood Ave
This home is located at 7524 S Kenwood Ave in Chicago, IL and zip code 60619 in the South Shore neighborhood. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since March 1, 2025 and is currently priced at $199,000.
Chicago, IL housing market in February 2025 saw over 406 listings sold above listed price, more than 232 sold at listed price and over 629 sold below. The number of homes for sale in Chicago, IL increased by 16.2% between January and February 2025. In February 2025 median list price was $369,941 and the average listing age was 44 days.
From Rocket Homes Real Estate and based on county public records data.