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$759,000
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Property Description
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.
Full Property Details
Full Property Details for 5318 S Kenneth Ave
General
- Price: $759,000
- Taxes: $12,370 (2024)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12629821
- Updated: 5/11/2026
- Added to Site: 10 day(s) ago
Rental Information
- Complex Features: Park, Sidewalks, Street Lights
Interior
- Basement: Finished, C
Rooms
Bathrooms
- Total Bathrooms: 7
- Upper - Full Baths: 7
- Bathroom Features: Soaking Tub
Bedrooms
- Total Bedrooms: 7
Additional Information
- Equipment: Carbon Monoxide Detectors, Sump Pump
- Other Features: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
Parking
- Total Spaces: 3
- Parking Features: Unassigned, Off-Alley, Yes, Other
Location
- Area: CHI - West Elsdon
- County: Cook
- Township: South Chicago
- Driving Directions: turn right on S ArcherAve, turn left on S Kostner Ave, make right on 53rd St., and turn left onto S Kenneth Ave
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
- Elementary School: Edwards Elementary School
- Middle School: Peck Elementary School
- High School: Curie Metropolitan High School
- Private School: Curie Metropolitan High School
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Finished, Concrete, Storage Space, Full, Daylight
- Roof: Asphalt
- Year Built: 2007
- Remodeled/Updated: 2025
Unit Information
- Units in Building: 3
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: LESS THAN .25 ACRE
Financial Considerations
- Assessment Year: 2007
- Tax Amount: $12,370
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 19103240921001
Listed by Baird & Warner
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Schools
Schools serving 5318 S Kenneth Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Edwards Elementary School 4815 South Karlov Avenue, Chicago, IL 60632 | PK-8 | 0.8 mi |
Curie Metropolitan High School 4959 South Archer Avenue, Chicago, IL 60632 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5318 S Kenneth Ave
Date
Details
Price
Change
Source
5/05/2026
Listed
$759,000
11.62%
MLS
8/21/2013
Sold
$680,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5318 S Kenneth Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,688
3%
$7,999
—
2022
$1,645
2%
$7,999
—
2021
$1,609
12%
$7,999
24%
2020
$1,442
-2%
$6,474
-11%
2019
$1,466
2%
$7,299
—
2018
$1,442
6%
$7,299
16%
2017
$1,354
7%
$6,289
—
2016
$1,260
9%
$6,289
—
2015
$1,152
-45%
$6,289
-45%
2014
$2,112
2%
$11,385
—
2013
$2,071
1%
$11,385
—
2012
$2,043
—
$11,385
—
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 5318 S Kenneth Ave
5318 S Kenneth Avenue, Chicago, IL 60632 (MLS# 12629821) is a Multi-Family property with 3 units containing 7 bedrooms and 0 full bathrooms. 5318 S Kenneth Avenue is currently listed for $759,000 and was received on May 05, 2026. Want to learn more about 5318 S Kenneth Avenue? Do you have questions about finding other Multi-Family real estate for sale in West Elsdon? You can browse all West Elsdon real estate or contact a Coldwell Banker agent to request more information.

