2050 N Kenneth Ave, Chicago, IL, 60639
About This Home
Incredible investment opportunity in Hermosa! Situated on an extra-wide lot, this legal 3-flat offers exceptional income potential with spacious units, recent renovations, and ample parking. The building features a 2-bedroom, 1-bath first-floor unit, a 3-bedroom, 1-bath second-floor unit, and a 4-bedroom, 1-bath third-floor unit. An additional finished attic with access from Unit 3 provides excellent potential for added living space or future income opportunities. Almost the entire property has been extensively renovated, with all units except the tenant-occupied second-floor unit featuring refinished or new flooring, updated appliances, fresh paint, and renovated bathroom fixtures. Additional improvements include recently updated roofs, adding peace of mind for the next owner. Outside, you'll find a detached one-car garage plus a large parking pad with space for 4-5 additional vehicles, a rare feature in the area. Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income from the others, this property offers tremendous flexibility and upside. Explore the property in 3D by clicking the 3D Tour button and walk through every detail from the comfort of your home.
Getting Around
Very Walkable
Good Transit
Very BikeableSchools
Construction
Condition
- Year built: 1904
Materials
- Construction materials: Vinyl Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Basement
- Basement: None
Bedrooms & Bathrooms
- Bedrooms: 10
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Heating features: Natural Gas
Property
Details
- Parcel number: 13341280200000
- Zoning: MULTI
- Special condition: None
Lot
- Lot size: 4,356 sqft
Parking
- Total spaces: 5
- Parking features: Yes,Garage Owned,Detached,Owned,Garage
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Heat Wave
- Tornado
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Illinois Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,160 | $37,920 |
| Home Insurance * | $358 | $4,296 |
| Property Taxes | $901 | $10,812 |
| Electricity | $130 | $1,569 |
| Total | $4,549 | $54,588 |
Income You'd Need if You Spent...
Illinois FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-21 | Listing removed | $625,000 |
| 2026-07-17 | Contingent | $625,000 |
| 2026-07-09 | Listed for sale | $625,000 |
| 2019-03-29 | Listing removed | $875 |
| 2019-03-25 | Listed for rent | $875 |
| 2018-02-26 | Listing removed | $875 |
| 2018-02-05 | Price change | $875 |
| 2018-02-02 | Listed for rent | $950 |
| 2014-04-28 | Sold | $122,500 |
| 2014-03-13 | Pending sale | $122,500 |
| 2014-02-23 | Listed for sale | $122,500 |
| 2013-05-29 | Listing removed | $159,900 |
| 2012-08-31 | Pending sale | $159,900 |
| 2012-03-10 | Listed for sale | $159,900 |
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