5135 S Kenwood Avenue #502, Chicago, IL 60615

Chicago
Local realty services provided by:Better Homes and Gardens Real Estate Connections
5135 S Kenwood Avenue #502,Chicago, IL 60615
$299,999
  • 4 Beds
  • 2 Baths
  • - sq. ft.
  • Condominium
  • Active
Listed by: michael scanlon, zak marinko
Office: exp realty
MLS#:12585146
Source:MLSNI

Price summary

  • Price:$299,999
  • Monthly HOA dues:$834

About this home

ATTENTION INVESTORS! Incredible opportunity to own a 4-bedroom, 2-bath duplex penthouse condo delivering strong, stable returns in a highly desirable building. This unit is fully rented through June 2027, producing $3,750/month in rental income ($3,600 from the apartment + $150 for the secured parking space), and offers an impressive 10% cap rate from day 1. Located in an elevator building that is investor-friendly, this penthouse unit includes one secured, gated parking space, a private storage unit, and is situated in a pet-friendly building with an on-site engineer living in the building. The HOA covers everything except electricity and internet, making ownership simple and predictable. Inside, the open-concept kitchen features abundant cabinetry, granite countertops, stainless steel appliances, gas range, microwave, dishwasher, under-cabinet lighting, and a breakfast bar perfect for entertaining. The living area is anchored by a real gas fireplace with a natural stone...

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Home facts

  • Listing ID #:12585146
  • Added:28 day(s) ago
  • Updated:April 04, 2026 at 10:55 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:6
  • Kitchen Description:Dishwasher, Microwave, Range, Refrigerator
  • Basement:Yes

Heating and cooling

  • Cooling:Central Air
  • Heating:Baseboard, Natural Gas
  • Central air:Yes

Utilities

  • Water:Lake Michigan
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$299,999
  • Tax amount:$5,263 (2024)

Parking

  • Total parking spaces:1
  • Parking description:Assigned
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