new - 5 days on rocket

7524 S Kenwood Ave, Chicago, IL, 60619

$240,000

Home List Price

$2,850*

Closing Credit

5 Bedrooms
3 Full Baths, 2 Partial
3,400 SqFt
$71/SqFt
House

Location

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7524 S Kenwood Ave, Chicago$240,000

Buyer Closing Credits

$2,850*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1893
HeatingNatural Gas, Forced Air
CoolingNone
BasementYes
FireplaceWood Burning
MLS #12205007
Lot Size0.22 Acres
StatusActive
(New)

About 7524 S Kenwood Ave

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!

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1893
  • Living Area: 3,400 SqFt

Listing Office:

  • Office Name: United Real Estate - Chicago
  • Office Phone: (630) 748-4660
  • Listing Agent: Michael Savegnago

Interior Features

Interior Information:

  • Appliances: Range
  • Basement: Yes
  • Interior: Vaulted/Cathedral Ceilings, Beamed Ceilings
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: None

Other

Directions Information:

  • Directions: North of E 76th st East of i90

Price Information

Listing Price Info

Price Summary:

  • List Price: $240,000
  • Price Per SqFt: $71/SqFt

Tax Information:

  • Annual Amount: $4,677
  • Tax Year: 2019
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Housing Market Comparison

See how this home compares to others in Chicago, IL.

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Chicago, IL

City

Med. Sold Price

$360.3K

Med. Price/SqFt

$259

Avg. Days On Market

32

# of Sold Homes

1796

7524 S Kenwood Ave vs Chicago

5 DAYS ON ROCKET

-27 Days

$240,000

-$120.3K Less

$71/SqFt

-$189 Less

KEY TAKEAWAY

This property is $120.3K less than the Median Sold Price and $189/SqFt less than other homes in Chicago, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12205007

Listing Office:

  • Office Name: United Real Estate - Chicago
  • Office Phone: (630) 748-4660
  • Listing Agent: Michael Savegnago

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

DIGITAL MILLENNIUM COPYRIGHT ACT (DMCA) NOTICE
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.co

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/13/2024, 11:45:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 26, 2006Home Sold
$240,000
Mar 01, 2006Home Sold
$120,000

Tax History

YEARPROP. TAXASSESSMENT
2019$4,677$23,278
2018$4,598$23,278
2017$5,837$27,119

History based on county public records data.

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$1,265

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$786

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-102567
7
/10

  • Woodlawn Elementary Community School

  • 6657 S Kimbark Ave

  • 1.11 miles

  • Public District Grades PK-6

school-card-donut-102568
4
/10

  • Pirie Fine Arts and Academic Center Elementary School

  • 650 E 85th St

  • 1.45 miles

  • Public District Grades KG-6

school-card-donut-102569
7
/10

  • McDowell Elementary School

  • 1419 E 89th St

  • 1.73 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,000. Typical income of Chicago, IL residents is less than $35k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7524 S Kenwood Ave

What is the listing price of this property?

The listing price of 7524 S Kenwood Ave property is $240,000.

What type of property is this?

The property 7524 S Kenwood Ave is a house located in Chicago, Illinois, 60619.

Is this property for sale now?

Active Listing: 7524 S Kenwood Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $4,677 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 26, 2006 for $240,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7524 S Kenwood Ave has 5 bedrooms and 3 full and 2 half bathrooms.

What is the square footage of this property?

The property 7524 S Kenwood Ave is 3,400 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7524 S Kenwood Ave is 1893.

Rocket Homes›Illinois›Cook County›Chicago›60619›7524 S Kenwood Ave

This home is located at 7524 S Kenwood Ave in Chicago, IL and zip code 60619 in the South Shore neighborhood. This 3,400 square foot home, which was built in 1893, sits on a 0.22 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since November 08, 2024 and is currently priced at $240,000.

In October 2024, from all listings sold in Chicago, IL there were more than 539 sold above asking price, over 919 sold below and more than 337 were sold right at the asked price. The number of listings in Chicago, IL increased by 14.5% between September 2024 and October 2024. In October 2024, listings were on the market for 32 days. During the same period, the median list price in this real estate market was $360,336.

From Rocket Homes Real Estate and based on county public records data.

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