Chicago, IL 60619 7431 S Kimbark Avenue
$200,000



8 more








Presented By: Compass
Home Details
PRICE REDUCED - BRING ALL OFFERS! 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!
Presented By: Compass
Interior Features for 7431 S Kimbark Avenue
Bedrooms
Bedrooms Possible6
Total Bedrooms6
Bathrooms
Full Baths Building3
Half Baths Building
Total Baths3
Other Interior Features
BasementPartially Finished, Full, Walk-Out Access
Total Number of Units2
Other Rooms
Room TypeEnclosed Porch, Sun Room
General for 7431 S Kimbark Avenue
CityChicago
Community FeaturesSidewalks, Street Lights, Street Paved
Construction MaterialsBrick
ContingencyAttorney/Inspection
CountyCook
Directions75th street to kimbark one way north
Elementary SchoolMadison Elementary School
Elementary School District299
HeatingSep Heating Systems - 2+
High SchoolChicago Vocational Achievement A
High School District299
MLS AreaCHI - South Shore
Middle/Junior High SchoolMadison Elementary School
Middle/Junior School District299
ModificationTimestamp2025-09-15T16:52:02.582Z
New ConstructionNo
OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
SewerPublic Sewer
Standard StatusActive Under Contract
StatusContingent
Tax Annual Amount2051
Tax Year2023
Total Rooms12
TownshipSouth Chicago
Year Built1920
Exterior for 7431 S Kimbark Avenue
Lot Dimensions40X126
Lot Size Acres0.12
Total Parking0
Water SourceLake Michigan
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Chicago Vocational Achievement A High School
Middle School
Madison Elementary School

SQFT • 2,800