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$180,000

  • For Sale
  • Active
  • Multi-Family
  • 6 Total Beds
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Previous Buyer's loss is your GAIN! Bring your offers! Investor Special in Grand Crossing Area! Don't miss this solid brick 2-flat, a fixer-upper full of potential in one of Chicago's most sought-after rental markets! Each unit features 3 bedrooms and 1 bath, offering great space and layout for future tenants or owner-occupants. Whether you're looking to house hack by living in one unit and renting out the other, or seeking a cash-flowing addition to your rental portfolio, this is a prime opportunity. Key updates already completed include: Roof (2 years old) Water heater (approx. 1 year old) Boiler (installed in recent years) The property also includes a full basement, providing room for storage or future expansion. Located near Jackson Park, Chicago State University, and with easy access to Lake Shore Drive, public transit, shops, schools, and local dining-this area continues to attract renters and investors alike. With some rehab, this building can easily become a high-performing asset in your portfolio. Strong rental demand, solid structure, and major mechanicals in good shape-just bring your vision and make it your next success story. Schedule your showing today and explore the possibilities!

Full Property Details for 7431 S Kimbark Ave

General

  • Price: $180,000
  • Taxes: $2,051 (2023)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12518671
  • Updated: 11/21/2025
  • Added to Site: 63 day(s) ago

Rental Information

  • Complex Features: Sidewalks, Street Lights, Street Paved

Interior

  • Basement: Partially

Rooms

Bathrooms

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

Bedrooms

  • Total Bedrooms: 6

Location

  • Area: CHI - South Shore
  • County: Cook
  • Township: South Chicago
  • Driving Directions: 75th street to kimbark one way north

School Information

  • School District: 299
  • Elem School District: 299
  • Midd School District: 299
  • High School District: 299
  • Elementary School: Madison Elementary School
  • Middle School: Madison Elementary School
  • High School: Chicago Vocational Achievement A
  • Private School: Chicago Vocational Achievement A

Heating & Cooling

  • Heating Type: Sep Heating Systems - 2+

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Basement: Yes
  • Basement Desc.: Partially Finished, Full, Walk-Out Access
  • Year Built: 1918
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 2

Lot Features

  • Lot Size (Acres): 0.12
  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 40 x 126
  • Fence: Yes
  • Fencing (Description): Fenced

Financial Considerations

  • Assessment Year: 1918
  • Tax Amount: $2,051
  • Tax Year: 2023
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 20262250070000

Listed by Compass

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— 7431 S Kimbark 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 7431 S Kimbark Ave

School District:Chicago Public School District 299
NameGradesDistance
Madison Elementary School, Chicago, IL
7433 South Dorchester Avenue, Chicago, IL 60619
K-80.1 mi
Chicago Vocational Career Academy High School
2100 East 87th Street, Chicago, IL 60617
9-111.8 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 7431 S Kimbark Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/15/2025
Listed
$180,000
57.89%
MLS
2/07/2000
Sold
$114,000
—
Public Record
Get Price Alerts and Save Property
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 for 7431 S Kimbark Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,051
4%
$13,000
—
2022
$1,970
1%
$13,000
—
2021
$1,944
-27%
$13,000
-14%
2020
$2,676
-2%
$15,116
-11%
2019
$2,723
2%
$16,985
—
2018
$2,677
-24%
$16,985
-14%
2017
$3,524
2%
$19,744
—
2016
$3,454
10%
$19,744
—
2015
$3,137
29%
$19,744
26%
2014
$2,423
2%
$15,626
—
2013
$2,364
—
$15,626
—
2012
$2,356
—
$15,626
—
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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7431 S Kimbark Avenue, Chicago, IL 60619 (MLS# 12518671) is a Multi-Family property with 2 units containing 6 bedrooms and 0 full bathrooms. 7431 S Kimbark Avenue is currently listed for $180,000 and was received on November 15, 2025. Want to learn more about 7431 S Kimbark Avenue? Do you have questions about finding other Multi-Family real estate for sale in South Shore? You can browse all South Shore real estate or contact a Coldwell Banker agent to request more information.

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