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  1. Home
  2. /Chicago, IL
  3. /5135 S Kenwood Ave
  4. /502 - 5135 S Kenwood Avenue
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$299,999est. $1,517 MortgageInfo icon

502- 5135 S Kenwood Avenue, Chicago, IL 60615

5135 S Kenwood Ave

BEDS

beds

4

BATHS

baths

2

PARKING

parking

1

SQFT

sqft
-

Description

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 surround, while matte black modern light fixtures and sconces add a stylish, contemporary touch. The main level boasts hardwood floors, a spacious living room, one large bedroom, and a full bathroom. A stunning spiral staircase, one of the apartment's most desirable features to tenants, leads to the second level, which offers three additional bedrooms, another full bathroom, and an in-unit washer and dryer. One of the bedrooms is extra large with a walk-in closet and even provides private access to the 6th-floor entrance. As the only unit in the building with central air (installed in 2023), this penthouse also enjoys a unique comfort advantage. Positioned above surrounding buildings and tree lines, the west and north facing windows flood the home with natural light and provide unobstructed, sweeping views of Hyde Park and the surrounding neighborhoods. 10% cap rate from day 1, through mid 2027. Schedule your showing today!

Description

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 surround, while matte black modern light fixtures and sconces add a stylish, contemporary touch. The main level boasts hardwood floors, a spacious living room, one large bedroom, and a full bathroom. A stunning spiral staircase, one of the apartment's most desirable features to tenants, leads to the second level, which offers three additional bedrooms, another full bathroom, and an in-unit washer and dryer. One of the bedrooms is extra large with a walk-in closet and even provides private access to the 6th-floor entrance. As the only unit in the building with central air (installed in 2023), this penthouse also enjoys a unique comfort advantage. Positioned above surrounding buildings and tree lines, the west and north facing windows flood the home with natural light and provide unobstructed, sweeping views of Hyde Park and the surrounding neighborhoods. 10% cap rate from day 1, through mid 2027. Schedule your showing today!
listing image
listing image 2
listing image 3
502 - 5135 S Kenwood Ave
$299,999
est. $1,516.96 MortgageInfo icon

502 - 5135 S Kenwood Ave

5135 S Kenwood Avenue #502, Chicago, IL 60615

BEDS

beds

4

BATHS

baths

2

PARKING

parking

1

SQFT

sqft

-

Description

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 surround, while matte black modern light fixtures and sconces add a stylish, contemporary touch. The main level boasts hardwood floors, a spacious living room, one large bedroom, and a full bathroom. A stunning spiral staircase, one of the apartment's most desirable features to tenants, leads to the second level, which offers three additional bedrooms, another full bathroom, and an in-unit washer and dryer. One of the bedrooms is extra large with a walk-in closet and even provides private access to the 6th-floor entrance. As the only unit in the building with central air (installed in 2023), this penthouse also enjoys a unique comfort advantage. Positioned above surrounding buildings and tree lines, the west and north facing windows flood the home with natural light and provide unobstructed, sweeping views of Hyde Park and the surrounding neighborhoods. 10% cap rate from day 1, through mid 2027. Schedule your showing today!

Description

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 surround, while matte black modern light fixtures and sconces add a stylish, contemporary touch. The main level boasts hardwood floors, a spacious living room, one large bedroom, and a full bathroom. A stunning spiral staircase, one of the apartment's most desirable features to tenants, leads to the second level, which offers three additional bedrooms, another full bathroom, and an in-unit washer and dryer. One of the bedrooms is extra large with a walk-in closet and even provides private access to the 6th-floor entrance. As the only unit in the building with central air (installed in 2023), this penthouse also enjoys a unique comfort advantage. Positioned above surrounding buildings and tree lines, the west and north facing windows flood the home with natural light and provide unobstructed, sweeping views of Hyde Park and the surrounding neighborhoods. 10% cap rate from day 1, through mid 2027. Schedule your showing today!

5135 S Kenwood Ave Market Stats Last 12 months

LOCKER
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POSSESSION
Closing
HOA FEESinfo
$834 /Monthly

OUTDOOR SPACE
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TAXES
$5,262.86 (2024)

BUILDING AGE
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BASEMENT FEATURE
None

PRICE PER SQFTinfo
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Market Stats

HOA FEESinfo
$834 /Monthly

OUTDOOR SPACE
Contact Us for Info
TAXES
$5,262.86 (2024)

BUILDING AGE
Contact Us for Info
BASEMENT FEATURE
None

PRICE PER SQFTinfo
Contact Us for Info

Amenities

Parking
Parking
Check Icon
Locker
Locker
Concierge
Concierge
-
Elevator(s)
Elevator(s)
Check Icon
Central AC
Central AC
Check Icon
Pool
Pool
-
Fitness Center
Fitness Center
-
Visitors Parking
Visitors Parking
-

Amenities

Unit
ParkingParking
Building

Policies

Pet Allowed
Check
Pet Allowed Info icon
Check Icon
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Unit Price History

DateMLSStatusPrice
Dec 2021MLS#: 11232871Closed$190,000

Unit Price History

$190,000

Closed

Dec 2021MLS#: 11232871

Monthly Payment Calculator

$2,790 / Monthly

All calculations are estimates and provided by HelloCondo.com
for informational purposes only. Actual amounts may vary.

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$2,790
Est.
Listing Price
Down Payment
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Down Payment
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Monthly Payment Calculator

$2,790
Est.
Listing Price
Down Payment
Interest Rate
Terms
Listing Price
Down Payment
Interest Rate
Terms
$2,790 / Monthly

All calculations are estimates and provided by HelloCondo.com for informational purposes only. Actual amounts may vary.

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Mortgage calculator

Monthly Mortgage: $1,517
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The Neighborhood: 5135 S Kenwood Ave, Chicago, IL

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  1. Home
  2. /Chicago, IL
  3. /5135 S Kenwood Ave
  4. /502 - 5135 S Kenwood Avenue
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