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2050 N Kenneth Avenue Chicago, IL 60639 • Multi Unit - Multiple • New

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  • 2050 N Kenneth Avenue , Chicago, IL 60639 Main Photo

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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.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 9
Bathrooms: 3
County: Cook
High School: Kelvyn Park High School
Listed By:
Americorp, Ltd 773-585-5385
MRED MLS
$599,900
Est. $4,123/mo
9beds
3baths
1cars
New to the Market New
BEDS9 BATHS3 full MLS#12802393
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

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2050 N Kenneth Avenue , Chicago, IL 60639.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $599,900$599,900$599,900
Down Payment $119,980$20,997$149,975
Monthly Mortgage Amount $3,113$3,820$3,858
Taxes $835$835$835
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$264$0
Monthly Estimated Total $4,123$5,094$4,868

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