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Three-Unit Multifamily Property
For Sale
$509,900

5455 S Kenwood Avenue, Chicago, IL 60615

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market40

Property Features for 5455 S Kenwood Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Basement, Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 6, Bathroom 3, Bedroom 4, Bedroom 5
Basement Unfinished, Partial
Elementary school district 299
Middle school district 299
High school district 299
Directions LSD to 53rd St, south on Lake Park Ave, West on 55th St, North on Kenwood to property
Subdivision CHI - Hyde Park
Standard status Active
APN 20114220210000

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 8948

Utilities

Sewer type Public Sewer
Heating system Steam
Water source Public

Building Details

Year built 1885
Building materials Vinyl Siding
Roof type Asphalt
Listing Agency: Select a Fee RE System
Listed By: Edrick Salomon · License #475138651
Added: Aug 3 Changed: Sep 3 Last Checked: Sep 11 at 3:06PM
MLS# 12723368

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This multifamily property is configured with three units and includes a basement, six bedrooms, and three bathrooms. The building dates to 1885 and features vinyl siding, an asphalt roof, and steam heat. It is being offered in as-is condition and does not include a garage.

The property is located at 5455 S Kenwood Avenue in Chicago’s Hyde Park area. Public water and public sewer serve the building, while MULTI zoning supports its multifamily classification. The existing layout may be considered for several redevelopment paths, including reconfiguration as a single-family residence, combining floors into duplex arrangements, or condominium conversion subject to city approvals.

Key Highlights

  • Three‑unit multifamily configuration
  • 1885 construction with vinyl siding and asphalt roof
  • Six bedrooms, three bathrooms, and a basement

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Auto Repair Shop Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store HVAC Service Carpet & Flooring Store Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

5,114
Businesses Nearby

Demographics for 60615, IL

43,502
Population
24,997
Households
1.7
Avg Household Size
35
Median Age
61%
College-Educated
93%
High-School Grad
2.2 sq mi
ZIP Area
19,774
Density / Sq Mi
$62,105
Median Household Income
$47,186
Median Earnings
$1,444
Median Rent
$305,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Multifamily building with a basement, six bedrooms, three bathrooms, and public water and sewer service.
Where is this triplex located?
The property is located at 5455 S Kenwood Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $509,900.
What are key features of this property?
This property features: Three‑unit multifamily configuration; 1885 construction with vinyl siding and asphalt roof; Six bedrooms, three bathrooms, and a basement
More about this property
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