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$505,000
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Property Description
Completely remodeled and updated property with stainless steel appliances, new cabinets and countertops, new Brazilian Cherry hardwood floors all around, new glass handrails, new bathrooms, etc. Everything is new including the entire electrical system, new copper water lines everywhere, new gas lines, etc. Must see property that can easily be rented or used for AirBNB because it is within walking distance to Midway Airport and in a desired location. This property has two separate rental floors plus a full basement that can be used to rent for storage for tenants or can be made into a third unit to rent legally because it has two exits and the celing heights are good. Basement has toilet already installed and has rough-in plumbing for bathroom, kitchen, and even for a laundry room. Great property all-around.
Full Property Details
Full Property Details for 5532 S Kilbourn Ave
General
- Sold For: $505,000
- Taxes: $5,873 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12462974
- Added to Site: 169 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
- Bathroom Features: Soaking Tub
Bedrooms
- Total Bedrooms: 5
Additional Information
- Equipment: Cable TV, Dish Antenna, Carbon Monoxide Detectors, Ceiling Fan(s)
Parking
- Garage: Yes
- Garage Spaces: 2.5
- Total Spaces: 2
- Parking Features: Garage Door Opener, Garage, On Site, Garage Owned, Detached
- Parking On-Site: Yes
Location
- Area: CHI - West Elsdon
- County: Cook
- Driving Directions: Go on I-55 and exit on Cicero Ave. Take Cicero Ave south, on 55th street go East, on Kilbourn Ave go South and look for the address.
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas, Forced Air, Individual Controls
Utilities
- Water: Lake Michigan
- Onsite: Cable Available
Structural Information
- Architectural Style: Traditional
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Unfinished, Exterior Entry, Full
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Windows: Screens
- Year Built: 1955
- Built Before 1978: Yes
- Remodeled/Updated: 2025
Unit Information
- Units in Building: 2
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Lot Size Range: Standard Chicago Lot
- Lot Dimensions: 30 x 126
- Fence: Yes
- Fencing (Description): Fenced
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1955
- Tax Amount: $5,873
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 19151050320000
Listed by Circle One Realty
Sold by Re/Max 10
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Schools
Schools serving 5532 S Kilbourn Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Pasteur Elementary School, Chicago, IL 5825 South Kostner Avenue, Chicago, IL 60629 | PK-8 | 0.4 mi |
Curie Metropolitan High School 4959 South Archer Avenue, Chicago, IL 60632 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5532 S Kilbourn Ave
Date
Details
Price
Change
Source
10/22/2025
Sold
$505,000
-8.01%
MLS
9/11/2025
Price Reduced
$549,000
-3.68%
MLS
9/04/2025
Listed
$570,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5532 S Kilbourn Avenue, Chicago, IL 60629 (MLS# 12462974) is a Multi-Family property that was sold at $505,000 on October 22, 2025. Want to learn more about 5532 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.

