5455 S Kenwood Avenue, Chicago IL 60615
$509,900

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Property Description

Attention Developers & Rehabbers! Rare Hyde Park Opportunity!!!! Exceptional investment opportunity in Hyde Park!!! This legal RT-4 2-flat is currently configured as three units and offers tremendous potential for redevelopment.Originally built as a three-story single-family homethe property was later converted into a three-unit building, creating multiple value-add possibilities, including: Deconversion back to a spacious single-family home, Duplex-up combining the second and third floors, Duplex-down combining the first floor and basement, Condominium conversion (subject to city approvals).This property is ideal for an experienced developer, investor, or builder looking to unlock its full potential. No garage. Sold as-is. Prefer Cash offers. Bring your vision and transform this rare Hyde Park property into your next successful project!

Features & Information

Key Details

  • List Price $509,900
  • Property Taxes $8,948
  • Year Built 1885
  • Status Re-activated
  • List Market Time 80

Units

  • Unit 1

  • Floor 1
  • Rooms 5
  • Beds 2
  • Baths 1
  • Appliances Stove, Refrigerator
  • Rent $0/mo
  • Tenant Pays None
  • Lease Expires NA
  • Unit 2

  • Floor 2
  • Rooms 5
  • Beds 2
  • Baths 1
  • Appliances None
  • Rent $0/mo
  • Tenant Pays None
  • Lease Expires NA
  • Unit 3

  • Floor 3
  • Rooms 4
  • Beds 2
  • Baths 1
  • Appliances None
  • Rent $0/mo
  • Tenant Pays None
  • Lease Expires NA

Exterior Features

  • Parking

  • # of Cars:  0

Building Information

  • Number of Units 3
  • Age of Building 100+ Years

Location

  • County Cook
  • Township Hyde Park
  • Corporate Limits Chicago
  • Directions to Property Lsd To 53rd St, South On Lake Park Ave, West On 55th St, North On Kenwood To Property
  • Schools

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

  • Tax 8948
  • Tax Year 2023
  • Tax Exemptions None
  • Parcel Identification Number 20114220210000

Listed by Edrick Salomon for Select a Fee RE System | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/27/2026 3:32 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 Hyde Park

Hyde Park is home of the prestigious University of Chicago and the Museum of Science and Industry. This once prosperous hotel and lakeside resort area on Chicago's south side is quickly returning to its former glory with new residential development and scenic waterfront landscapes. The breathtaking sliver of shoreline along Lake Michigan is usually speckled with walkers, joggers, bikers and stroller-pushers, while the museum grounds teem with visitors from around the world. The rest of Hyde Park accommodates residents and students with a diverse mix of restaurants, bookshops, historic landmarks and several seasonal events, bike tours and neighborhood street festivals. Throughout Hyde Park are stunning vintage buildings and treasured architectural gems, some designed by famous architects such as Frank Lloyd Wright and Mies van der Rohe.

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