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$625,000 Just Listed
Property Description
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.
Full Property Details
Full Property Details for 2050 N Kenneth Ave
General
- Price: $625,000
- Taxes: $8,594 (2024)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12699224
Rental Information
- Complex Features: Curbs, Gated, Sidewalks, Street Lights, Street Paved
Interior
- Basement: None
Rooms
Bathrooms
- Total Bathrooms: 3
- Upper - Full Baths: 3
Bedrooms
- Total Bedrooms: 9
Additional Information
- Other Features: Commuter Bus, Commuter Train, Interstate Access
Parking
- Garage: Yes
- Garage Spaces: 1
- Total Spaces: 5
- Parking Features: Yes, Garage Owned, Detached, Owned, Garage
Location
- Area: CHI - Hermosa
- County: Cook
- Township: Jefferson
- Driving Directions: Fullerton to Kenneth, south to address
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
- Elementary School: Lloyd Elementary School
- Middle School: Northwest Middle School
- High School: Kelvyn Park High School
- Private School: Kelvyn Park High School
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement Desc.: None
- Year Built: 1904
- Built Before 1978: Yes
Unit Information
- Units in Building: 3
Lot Features
- Lot Size (Acres): 0.1
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 4725
- Zoning: MULTI
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1904
- Tax Amount: $8,594.36
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 13341280200000
Listed by Americorp, Ltd
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Schools
Schools serving 2050 N Kenneth Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Lloyd Elementary School 2103 North Lamon Avenue, Chicago, IL 60639 | K-5 | 0.5 mi |
Kelvyn Park High School 4343 West Wrightwood Avenue, Chicago, IL 60639 | 7-8 | 0.6 mi |
Northwest Middle School 5252 West Palmer Street, Chicago, IL 60639 | 6-8 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Tax History
Tax History for 2050 N Kenneth Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,505
—
$42,634
64%
2023
$5,505
3%
$25,999
—
2022
$5,366
2%
$25,999
—
2021
$5,245
-10%
$25,999
—
2020
$5,826
-4%
$26,059
-13%
2019
$6,040
2%
$29,953
—
2018
$5,917
-10%
$29,953
-2%
2017
$6,553
7%
$30,442
—
2016
$6,097
9%
$30,442
—
2015
$5,578
15%
$30,442
6%
2014
$4,832
2%
$28,614
—
2013
$4,726
1%
$28,614
—
2012
$4,687
—
$28,614
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2050 N Kenneth Ave
2050 N Kenneth Avenue, Chicago, IL 60639 (MLS# 12699224) is a Multi-Family property with 3 units containing 9 bedrooms and 0 full bathrooms. 2050 N Kenneth Avenue is currently listed for $625,000 and was received on July 09, 2026. Want to learn more about 2050 N Kenneth Avenue? Do you have questions about finding other Multi-Family real estate for sale in Hermosa? You can browse all Hermosa real estate or contact a Coldwell Banker agent to request more information.
