About This Home

This 9-bedroom, 3-bathroom residential multi family at 2050 N Kenneth Avenue in Chicago, IL is listed for $599,900. Built in 1904, on a 0.10 acres lot.

Key Features

  • Built in 1904
  • 0.10 acre lot
  • 5 parking spaces

Property Details

3 full
1-car garage
1904
Listing 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.

Monthly Cost Estimate

$3,208/mo

20% down · 6.5% · 30 years

Principal$434
Interest$2,600
Insurance$175

Estimates only. Actual payments may vary.

Location

2050 N Kenneth Avenue

Chicago, IL 60639

Property Details

Construction

Vinyl Siding

Parking

OwnedGarage

Heating

Natural Gas

Questions & Answers

This 9-bedroom, 3-bathroom residential multi family at 2050 N Kenneth Avenue is listed at $599,900. The estimated monthly payment is $3,208 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1904, 0.10 acre lot, 5 parking spaces.

This property is listed by Matt Laricy.

ML

Matt Laricy

Agent at Americorp

Listed by Americorp · Broker phone: (708) 250-2696 · View on Broker Site · Broker website

MLS# 12739580· Source: Midwest Real Estate Data, LLC· 69 days on PropertySimple

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2050 N Kenneth Avenue, Chicago, IL 60639

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