




5318 S Kenneth Ave, Chicago, IL, 60632
About This Home
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. 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.
Getting Around
Schools
Construction
Condition
- Year built: 2007
Materials
- Roof: Asphalt
- Construction materials: Brick
Notable Dates
- Major remodel year: 2025
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Finished,Concrete,Storage Space,Full,Daylight
Bathroom
- Features: Soaking Tub
Bedrooms & Bathrooms
- Bedrooms: 7
- Bathrooms: 7
- Full bathrooms: 7
Heating
- Heating features: Natural Gas
Property
Details
- Parcel number: 19103240921001
- Special condition: None
- Other equipment: Sump Pump
Lot
- Lot size: 0.25 Acres
Parking
- Total spaces: 3
- Parking features: Unassigned,Off Alley,Yes,Other
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
- 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 | $3,615 | $43,380 |
| Home Insurance * | $360 | $4,320 |
| Property Taxes | $1,030 | $12,360 |
| Electricity | $130 | $1,569 |
| Total | $5,135 | $61,620 |
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 |
|---|---|---|
| 2026-05-06 | Listed for sale | $759,000 |
| 2025-05-20 | Listing removed | $575,000 |
| 2025-05-10 | Listed for sale | $575,000 |
| 2025-05-10 | Listing removed | $575,000 |
| 2025-05-03 | Pending sale | $575,000 |
| 2025-04-17 | Price change | $575,000 |
| 2025-04-04 | Price change | $600,000 |
| 2024-12-19 | Listed for sale | $650,000 |
| 2024-09-09 | Listing removed | $550,000 |
| 2024-09-09 | Contingent | $550,000 |
| 2024-08-07 | Price change | $550,000 |
| 2024-07-16 | Listed for sale | $580,000 |
| 2024-06-07 | Listing removed | -- |
| 2024-06-06 | Listed for sale | $545,000 |
| 2009-04-04 | Listing removed | $179,900 |
| 2009-02-07 | Listed for sale | $179,900 |
