Great investment opportunity with strong upside potential! This frame two-flat features two units, each offering 2 bedrooms and 1 bathroom, providing solid rental income possibilities. Both units are currently occupied with month-to-month tenants, making this an ideal option for investors looking for immediate cash flow. While the property does require repairs, it presents a fantastic chance to add value and maximize returns. Whether you're looking to expand your investment portfolio or live in one unit while renting the other, this property offers flexibility and income-producing possibilities in a desirable location.
Active
Price cut: $5K (9/2)
$119,999
7327 S Kimbark Ave, Chicago, IL 60619
4beds
--sqft
Multi Family
Built in 1880
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 83 days
- 231
- 18
Zillow last checked:
Listing updated:
Listed by:
Conrade D Carpenter 312-282-3017,
City & Suburbs Realty, Inc.,
Patricia Carpenter,
City & Suburbs Realty, Inc.
Source: MRED as distributed by MLS GRID,MLS#: 12697042
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas
Features
- Basement: Unfinished,Full
Property
Features
- Fencing: Fenced
Lot
- Size: 3,150 Square Feet
Details
- Additional structures: None
- Parcel number: 20262180160000
- Zoning: MULTI
- Special conditions: None
- Other equipment: Ceiling Fan(s)
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame
- Foundation: Concrete Perimeter
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1880
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Community & HOA
Community
- Features: Curbs, Sidewalks, Street Lights, Street Paved
- Security: Carbon Monoxide Detector(s)
Location
- Region: Chicago
Financial & listing details
- Tax assessed value: $158,000
- Annual tax amount: $3,184
- Date on market: 7/6/2026
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
$1,417/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/2/2026 | Price change | $119,999-4% |
Source:  MRED as distributed by MLS GRID #12697042 Report a problem | ||
| 7/6/2026 | Listed for sale | $124,999+1201.9% |
Source: MRED as distributed by MLS GRID #12697042 Report a problem | ||
| 2/15/2012 | Sold | $9,601-8.6% |
Source: MRED as distributed by MLS GRID #07969415 Report a problem | ||
| 1/6/2012 | Listed for sale | $10,500 |
Source: foreclosure.com Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,184 +67.1% | $15,800 +75.6% |
| 2023 | $1,906 +2.9% | $8,999 |
| 2022 | $1,851 +2.3% | $8,999 |
| 2021 | $1,810 -30.2% | $8,999 -22.7% |
| 2020 | $2,593 -1.3% | $11,638 -11% |
| 2019 | $2,627 +1.7% | $13,077 |
| 2018 | $2,583 -21.8% | $13,077 -14.8% |
| 2017 | $3,303 +7.5% | $15,342 |
| 2016 | $3,073 +9.3% | $15,342 |
| 2015 | $2,811 +27.3% | $15,342 +28.9% |
| 2014 | $2,208 +2% | $11,903 |
| 2013 | $2,165 +1.4% | $11,903 |
| 2012 | $2,136 -9.1% | $11,903 -17.9% |
| 2011 | $2,350 -0.4% | $14,502 |
| 2010 | $2,360 +4.4% | $14,502 |
| 2009 | $2,261 -15.7% | $14,502 -22.4% |
| 2008 | $2,682 +1% | $18,698 |
| 2007 | $2,656 -1.1% | $18,698 |
| 2006 | $2,684 +79.8% | $18,698 +104.7% |
| 2005 | $1,493 +1% | $9,136 |
| 2004 | $1,478 +2.2% | $9,136 |
| 2003 | $1,446 +8.5% | $9,136 +23.2% |
| 2002 | $1,333 +3.7% | $7,418 |
| 2001 | $1,285 +50% | $7,418 |
| 2000 | $856 -0.7% | $7,418 +66.4% |
| 1999 | $862 | $4,457 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Grand Crossing
Nearby schools
Schools provided by the listing agent
- District: 299
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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