Veterans United Realty
25 Photos

7524 S Kenwood Avenue, Chicago, IL 60619

$240,000 Asking Price

5 beds
5 baths
3,400  sqft
Built in 1893

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. 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!

Listing Status:
Active
Date Added:
November 6, 2024 — 12 days ago
Listing Office:
United Real Estate - Chicago, Michael Savegnago (630-333-5547)
Office Phone:
630-333-5547
MLS ID:
12205007

Features & Amenities

Interior

General:
Vaulted/Cathedral Ceilings, Beamed Ceilings
Rooms:
Bedroom 5, Attic
Appliances:
Range
Basement:
Full
A/C:
None
Heating:
Natural Gas, Forced Air
Fireplace:
Wood Burning, Fireplaces: 1
Disability Feature:
None

Exterior

General:
Vinyl Siding
Style:
Colonial
Parking:
Driveway, Parking spaces: 5

Construction

Roofing:
Asphalt
General:
3 Stories

Location

HOA Amenities:
Not Applicable
Originating MLS:
mred
School District:
299
County:
Cook

Lot

Zoning:
20264010150000

Utilities

Water:
Lake Michigan
Sewer:
Public Sewer

Financial

Source:
mred
Ownership:
Leasehold

This listing courtesy of:
United Real Estate - Chicago, Michael Savegnago

About Chicago, IL

Housing

Number of Units
1,208,010
Median Home Value
$320,169
Median Rent
$1,131

55.74% of housing units are renter occupied.

9.90% are vacant.

Commute

Car
44.88%
Public Transportation
19.46%
Walk to Work
4.26%
Work from Home
29.59%
Other
0.70%

The median travel time to work is 27 minutes.

People

Population
2,658,686
Median Age
36.40
Median Household Size
2.54

Education

High School
22.12%
Associate’s Degree
5.76%
Bachelor’s Degree
24.28%
Graduate Degree
17.51%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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