2418 N Kenton Avenue
Chicago, IL 60639

Status: Active
Multi Family
5 beds
0 baths
0 sq.ft
Listing Price: $560,000

About this home

Calling all investors! This legal 3 flat is nestled between Hermosa and Belmont Cragin. It sits next to 2 vacant lots that are also for sale (MLS 12015786 and 12015805). NEW ROOF 7/23/24 + Gutters have been cleaned and new gutter guards installed. This building is clean and ready for a new owner. Gutters have been cleaned and new gutter guards installed for easy cleaning in the future. Freshly painted with new drywall for a Modern feel to a Vintage Elegance of a 1891 Beauty with nice plaster detail, stained glass and solid construction throughout. new HUGH Basement bathroom (5' X 21") with walk-in Double head shower with seat (OVERALL SHOWER SIZE 30"X72"), Toto toilet and hanging vanity for easy maintenance. . Both the first and second floor units are rented and are month to month. The 3rd floor is vacant. All floors have wonderful natural light coming from the Southern exposure. Great light all day and unobstructed views. Artist opportunity to Duplex up for Loft Studio or expanded Family Space/Office Studio etc. in this Artsy upcoming area. High end windows added in recent upgrades. Kitchens are First and second floor units are 2 bedrooms with 3 common living spaces, a kitchen, full bathroom, and porch storage. Both tenants utilize their large foyer as an office. Kitchens are large! Coin laundry in basement. 4 parking spaces in the back but could be 5 if the spaces were redesigned plus easy street parking. The Basement is primed and ready for a duplex to be made or a In-law suite. There is 1 full and one 1/2 bath down in the basement. This is showing new owner that duplexing would be simple and easy with what already exists - Side lot is also for sale at a discount price if sold together. 25x100 size lot. THE SAVY BUYER COULD OWN LOTS TO USE NOW AND/OR DEVELOP LATER --CHOSE YOUR NEIGHBORS OR MAKE A COMPOUND! UNIQUE OPPORTUNITIES WITHIN A HOT TRENDING AREA

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building Yes
Approx Year Built 1891
Parking Total 4
Exterior Building Type Brick
Garage On-Site Yes
Parking Ownership Owned
Parking Space/s
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - Belmont Cragin
Corporate Limits Chicago
Directions Fullerton W to N Kilpatrick. Right on Montana then right on Kenton
Elementary Sch Dist 299
Heat/Fuel Natural Gas
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan, Public
Jr High/Middle Dist 299
Township Jefferson
Interior Features
Basement Description Partially Finished
Basement Full
Bedrooms Count 5
Bedrooms Possible 5
Baths Count 5
Full Baths in Building Count 4
Half Baths in Building Count 1
Total Rooms 15
Units
unit 1
Beds Total 2
Baths Total 1
Actual Rent 1300
Appliances And Features Stove, Refrigerator, Dishwasher
Full Baths Total 1
Lease Expiration Date MTM
Rooms Total 6
Tenant Pays All
Floor Number 1
Square Feet 1000
unit 2
Beds Total 2
Baths Total 1
Actual Rent 1400
Appliances And Features Stove, Refrigerator, Dishwasher
Full Baths Total 1
Lease Expiration Date MTM
Rooms Total 6
Tenant Pays All
Floor Number 2
Square Feet 1000
unit 3
Baths Total 1
Actual Rent 1000
Appliances And Features Refrigerator
Full Baths Total 1
Lease Expiration Date VCNT
Rooms Total 3
Tenant Pays All
Floor Number 3
Square Feet 510
Property / Lot Details
Lot Dimensions 25X125
Lot Size Less Than .25 Acre
Ownership Fee Simple
Type Unit 3 Flat
Number Of Units in Building 3
Property Type Two to Four Units

Financials

Investment Profile Residential Income

Tax/Assessments/Liens

PIN 13273250280000
Special Assessments N
Taxes $2,661
Tax Exemptions None
Tax Year 2022
$560,000 Listing Price:
MLS # 12080171
Investment Profile Residential Income
Listing Market Time 109 days
Basement Full
Type Unit 3 Flat
Number of Units in Building 3
Parking Space/s
List Date 06/10/2024
Year Built 1891
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