RDM Group Chicago

5135 S Kenwood Avenue 502, Chicago, IL, 60615

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$299,999
New Listing

5135 S Kenwood Avenue 502
Chicago, IL 60615

For Sale|Condominium|Active
4
Beds
2
Total Baths
2
Full Baths
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of eXp Realty
Call Now: 312-566-7107
Is this the listing for you? We can help make it yours.
312-566-7107
5135 S Kenwood Avenue 5025135 S Kenwood Avenue 5025135 S Kenwood Avenue 5025135 S Kenwood Avenue 502
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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!

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Listing Snapshot
Price 
$299,999
Days On Site 
0 Days
Bedrooms 
4
Inside Area (SqFt) 
N/A
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
N/A
MLS® Number 
12585146
Status 
Active
Property Tax 
$5,262.86
HOA/Condo/Coop Fees 
$834 monthly
Sq Ft Source 
N/A
Friends & Family
Recent Activity
6 hours agoListing updated with changes from the MLS®
6 hours agoListing first seen on site
General Features
Number Of Stories 
6
Parking 
Assigned
Parking Spaces 
1
Pets 
Cats OKDogs OK
Property Sub Type 
Condominium
Sewer 
Public Sewer
Interior Features
Appliances 
RangeMicrowaveDishwasherRefrigerator
Basement 
None
Cooling 
Central Air
Flooring 
Hardwood
Heating 
Natural GasBaseboard
Interior 
ElevatorStorageGranite Counters
Laundry Features 
Washer HookupIn Unit
Bedroom 2 
Dimensions - 12X10Level - Second
Bedroom 3 
Dimensions - 7X15Level - Second
Bedroom 4 
Dimensions - 13X10Level - Main
Dining Room 
Family Room 
Kitchen 
Dimensions - 7X15Level - Main
Laundry 
Living Room 
Dimensions - 10X12Level - Main
Master Bedroom 
Dimensions - 16X12Level - Second
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Exterior Features
Construction Details 
BrickConcrete
Community Features
Association Amenities 
Elevator(s)Storage
Association Dues 
834
HOA Fee Frequency 
Monthly
MLS Area 
CHI - Hyde Park
School District 
299
Township 
Hyde Park
Schools
School District
299
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing Courtesy of MRED as distributed by MLS Grid of eXp Realty



Based on information submitted to the MLS GRID as of 2026-03-07 03:14 AM UTC. 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.
Last checked: 2026-03-07 03:14 AM UTC
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Neighborhood & Commute
Source: Walkscore
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