5011 S Kilbourn Avenue, Chicago IL 60632
$435,000

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Property Description

Exceptional investment opportunity in the heart of Chicago! This well-maintained all-brick three-unit building offers an ideal combination of owner-occupant potential and strong rental income. Rehabilitated in 2024, the property features three spacious units with a total of five bedrooms and four full bathrooms, providing versatile living arrangements for a variety of buyers. The recently remodeled basement adds valuable finished living space and enhances the property's flexibility. A detached two-car garage and private patio further contribute to the home's functionality and appeal. Perfectly situated in in Archer Heights, this property is just minutes from shopping, parks, public transportation, Midway Airport, and CTA access, making commuting and everyday errands effortless. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the others, this move-in-ready multi-unit is an outstanding opportunity.

Features & Information

Key Details

  • List Price $435,000
  • Property Taxes $5,449
  • Year Built 1962
  • Status Contingent
  • List Market Time 6

Units

  • Unit 1

  • Floor G
  • Rooms 4
  • Beds 1
  • Baths 2
  • Appliances Stove, Microwave, Central Air Conditioner, Laundry Hook-Up
  • Rent $0/mo
  • Tenant Pays All
  • Lease Expires n/a
  • Unit 2

  • Floor 1
  • Rooms 5
  • Beds 3
  • Baths 1
  • Appliances Central Air Conditioner
  • Rent $1,200/mo
  • Tenant Pays Electric
  • Lease Expires month
  • Unit 3

  • Floor 2
  • Rooms 3
  • Beds 1
  • Baths 1
  • Appliances Stove, Refrigerator, Microwave, Central Air Conditioner
  • Rent $900/mo
  • Tenant Pays All
  • Lease Expires month

Exterior Features

  • Parking

  • # of Cars:  2

Building Information

  • Number of Units 3
  • Age of Building 61-70 Years

Location

  • County Cook
  • Township South Chicago
  • Corporate Limits Chicago
  • Directions to Property From S Archer, North To S Kenneth, West To 50th, South To Kilbourn. Home Is On East Side Of Street.
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District: 299
  • Property Taxes

  • Tax 5449
  • Tax Year 2023
  • Tax Exemptions Homeowner
  • Parcel Identification Number 19101230040000

Listed by Kimberly Brown-Lewis for Redfin Corporation | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 8/18/2026 8:32 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 Archer Heights

A working-class neighborhood near Midway International Airport, Archer Heights has seen an increase in the number of manufacturing and transportation facilities within its borders over the years. The community has recently grown in popularity as Midway Airport has undergone major renovations, becoming a welcome alternative to busy O'Hare International Airport. The changes have prompted fresh interest in Archer Heights, and an influx of new residents is giving this family-oriented neighborhood a much more cosmopolitan feel. Corner delis and markets, a smattering of bars and restaurants, and a couple big box shopping outlets along 47th Street, Pulaski Road and Archer Avenue provide all the conveniences of city living. Still, backyard barbecues and neighborly chats over the fence are commonplace here, and are one of the reasons Archer Heights residents stick around for years.

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