Homes for Sale - 7524 S Kenwood AVE, Chicago, IL 60619 (MLS#12205007)

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Curtis Crotty

curtis@thecrottygroup.com +1(847) 602-3296

$ 199,000

Est. payment -/mo

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Price Dropped by $41K

7524 S Kenwood AVE Chicago, IL 60619

5 Beds

4 Baths

3,400 SqFt

UPDATED:

11/29/2024 06:07 AM

Key Details

Property Type Single Family Home

Sub Type Detached Single

Listing Status Active

Purchase Type For Sale

Square Footage 3,400 sqft

Price per Sqft $58

MLS Listing ID 12205007

Style Colonial

Bedrooms 5

Full Baths 3

Half Baths 2

Year Built 1893

Annual Tax Amount $3,380

Tax Year 2023

Lot Size 9,583 Sqft

Lot Dimensions 125.8'X74.1'

Property Description

Looking for a project with incredible potential? This spacious 4-floor home on a double lot is a diamond in the rough just waiting for the right buyer. Ideal for a large family, an investor, or anyone with a vision, this property offers the opportunity to create the home of your dreams or turn it into a profitable investment. It could be turned back into a 2 unit as well! The current owners started renovations but were overwhelmed, and now it's your chance to benefit from their hard work! With a newer roof, two furnaces, updated windows, and a recently remodeled kitchen, many of the expensive upgrades have already been completed. This home features: 1 Bedroom on the 1st floor for easy living, with 3 Bedrooms on the 2nd floor. A 5th Bedroom in the attic, with plenty of room to expand further, plus potential for additional bedrooms or living space in the full basement. Over 4,600 sq. ft. of space in total, including 3rd-floor attic and basement areas - perfect for additional living space, a home office, or recreation area. Although the home needs work, it's priced right to allow room for investors or large families to use an FHA renovation loan and customize the home to their needs. With ARVs of 400K+, this is a great opportunity for investors to add value and realize a strong return. Some minor plumbing (some pipes froze in basement) and electrical work is still required, but with a some TLC, this home will shine. Don't miss your chance to grab this pre-market opportunity - it won't last long!

Location

State IL

County Cook

Area Chi - South Shore

Rooms

Basement Full

Interior

Interior Features Vaulted/Cathedral Ceilings, Beamed Ceilings

Heating Natural Gas, Forced Air

Cooling None

Fireplaces Number 1

Fireplaces Type Wood Burning

Equipment Ceiling Fan(s)

Fireplace Y

Appliance Range

Exterior

Roof Type Asphalt

Building

Dwelling Type Detached Single

Sewer Public Sewer

Water Lake Michigan

New Construction false

Schools

School District 299 , 299, 299

Others

HOA Fee Include None

Ownership Leasehold

Special Listing Condition None

Listed by Michael Savegnago • United Real Estate - Chicago