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$549,900 Contingent

  • For Sale
  • Contingent
  • Multi-Family
  • 8 Total Beds
  • 2 Car Garage
  • Updated 10 days ago
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Great investment opportunity! Legal 2-flat with additional garden unit, fully occupied with leases in place. Property features long-term tenants, providing stable and consistent rental income. Ideal for investors seeking a turnkey, income-producing asset. The building is in excellent condition and has been well maintained. It features a newer roof (under 8 years old) and all newer soundproof windows. There are three newer central A/C units and 2 newer furnaces. All units are in great shape, with the third-floor unit offering a newer kitchen and new ceramic flooring. The property also includes a spacious backyard, a two-car garage, and a fully fenced yard. Additionally, the building has been recently tuck-pointed, adding to its overall durability and appeal.

Full Property Details for 5432 S Kilbourn Ave

General

  • Price: $549,900
  • Taxes: $5,650 (2024)
  • Status: Contingent
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12639811

Interior

  • Basement: Finished, F

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Upper - Full Baths: 3

Bedrooms

  • Total Bedrooms: 8

Additional Information

  • Other Features: Commuter Bus, Commuter Train

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 2
  • Parking Features: Yes, Garage Owned, Detached, Garage

Location

  • Area: CHI - West Elsdon
  • County: Cook
  • Township: Lake
  • Driving Directions: Cicero, South to 55th, east to Kilbourn, North to address

School Information

  • School District: 299
  • Elem School District: 299
  • Midd School District: 299
  • High School District: 299

Heating & Cooling

  • Heating Type: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan

Structural Information

  • Model: 2 flat
  • Construction: Brick
  • Exterior Const.: Brick
  • Basement: Yes
  • Basement Desc.: Finished, Full
  • Foundation: Concrete Perimeter
  • Year Built: 1962
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 3

Manufactured Home

  • Model: 2 flat

Lot Features

  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 30 x 125
  • Zoning: MULTI

Financial Considerations

  • Insurance Fee: $2,500
  • Parking Included: Yes
  • Assessment Year: 1962
  • Tax Amount: $5,650.46
  • Tax Year: 2024
  • Pays Electric: 1500
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 19103230110000

Listed by Re/Max 10

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— 5432 S Kilbourn Ave —

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 5432 S Kilbourn Ave

School District:Chicago Public School District 299
NameGradesDistance
Pasteur Elementary School, Chicago, IL
5825 South Kostner Avenue, Chicago, IL 60629
PK-80.5 mi
Curie Metropolitan High School
4959 South Archer Avenue, Chicago, IL 60632
9-121 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 for 5432 S Kilbourn Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,516
—
$28,000
8%
2023
$5,516
3%
$26,000
—
2022
$5,378
3%
$26,000
—
2021
$5,228
39%
$26,000
55%
2020
$3,756
-5%
$16,750
-14%
2019
$3,938
2%
$19,477
—
2018
$3,872
-18%
$19,477
-11%
2017
$4,718
7%
$21,771
—
2016
$4,389
9%
$21,771
—
2015
$4,018
7%
$21,771
9%
2014
$3,750
2%
$20,056
—
2013
$3,677
1%
$20,056
—
2012
$3,628
—
$20,056
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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5432 S Kilbourn Avenue, Chicago, IL 60632 (MLS# 12639811) is a Multi-Family property with 3 units containing 8 bedrooms and 0 full bathrooms. 5432 S Kilbourn Avenue is currently listed for $549,900 and was received on May 06, 2026. Want to learn more about 5432 S Kilbourn 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.

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