7431 South Kimbark, Chicago IL 60619
$215,000

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Property Description

Investor Special in Grand Crossing Area! Don't miss this solid brick 2-flat at 7431 S Kimbark Ave-a fixer-upper full of potential in one of Chicago's most sought-after rental markets! Each unit features 3 bedrooms and 1 bath, offering great space and layout for future tenants or owner-occupants. Whether you're looking to house hack by living in one unit and renting out the other, or seeking a cash-flowing addition to your rental portfolio, this is a prime opportunity. Key updates already completed include: Roof (2 years old) Water heater (approx. 1 year old) Boiler (installed in recent years) The property also includes a full basement, providing room for storage or future expansion. Located near Jackson Park, Chicago State University, and with easy access to Lake Shore Drive, public transit, shops, schools, and local dining-this area continues to attract renters and investors alike. With some rehab, this building can easily become a high-performing asset in your portfolio. Strong rental demand, solid structure, and major mechanicals in good shape-just bring your vision and make it your next success story. Schedule your showing today and explore the possibilities!

Features & Information

Key Details

  • List Price $215,000
  • Property Taxes $2,051
  • Price/ Sq. Ft. Unavailable
  • Year Built 1920
  • Parking Type None
  • Status Active

Rooms

  • Total Rooms 12
  • Basement F

Exterior Features

  • Parking

  • Parking Details None
  • # of Cars:  0

Building Information

  • Number of Units 2
  • Age of Building 100+ Years
  • Exterior Construction Brick
  • Heating & Cooling 2+ Sep Heating Systems
  • Units

  • Unit 1 None
  • Unit 2 Stove, Refrigerator

Location

  • County Cook
  • Township South Chicago
  • Corporate Limits Chicago
  • Directions to Property 75th Street To Kimbark One Way North
  • Schools

  • Elementary School District 299
  • School Name Madison Elementary School
  • Junior High District 299
  • School Name Madison Elementary School
  • High School District: 299
  • School Name Chicago Vocational Achiev
  • Property Taxes

  • Tax 2051
  • Tax Year 2023
  • Tax Exemptions Homeowner
  • Parcel Identification Number 20262250070000

Utilities

  • Sewer Sewer-Publ

Listed by Rosa Rodriguez for Compass | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 5/31/2025 9:32 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Explore South Shore

Historic parks and extensive beaches meet down-to-earth, affordable living in this beautiful south side Chicago neighborhood. South Shore is a sprawling community that encompasses expansive public recreation space and ambitious civic organizations. The neighborhood cultural center acts as a hub for outdoor amusement with lengthy walking trails, a bird sanctuary, all-ages sports programs, and waterfront grounds that offer breathtaking views of downtown Chicago. When night falls in the summer, movies and live music take place at the center, bringing neighbors and families together. A healthy retail corridor along 71st Street gives the area a cosmopolitan touch and the selection of down-home cooking available at the restaurants in South Shore is enough to satisfy any comfort food craving.  

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