$399,900

beds

baths

7420 S Kingston Avenue

Chicago, Illinois 60649

Active / MLS #12156035 / Multiple Unit (2-4) / South Shore

Listing information updated 9/11/2024 at 6:03am

Welcome to a prime opportunity in historic South Shore with this beautifully rehabbed 2-unit building with 1-car garage. The property features a smart layout: one unit offers 2 spacious bedrooms + den/walk-in-closet (easily convertible to a 3 bed + den/WIC), formal living and dining rooms, and 1 bathroom. The second unit boasts 3 large bedrooms + den/WIC, a formal living room, and 1 bathroom. An unfinished basement with good ceiling height offers many possibilities. Individual utilities provide added convenience for both tenants and landlords. Completely transformed in 2021, the quality of the rehab and attention to detail truly set this property apart. Upgrades include new windows, upgraded plumbing, electrical, HVAC, cabinetry, refinished hardwood floors, tuck-pointing, privacy fence, iron gate, and more. Ideal for investors or owner-occupants, this turnkey property is cash-positive and poised for value growth. Located in a highly convenient area near multiple public transit options, Lake Shore Drive, shopping centers, beaches, and outdoor recreation. The Obama Presidential Library under construction nearby promises to further enhance property values for years to come. Additional opportunities to adjust rents to the current market rate and rent out parking make this the perfect addition to your portfolio. Priced at 10.7 GRM rate at list price.

Full Features

Architecture Style:

Brownstone

Exterior Type:

Brick

Basement:

Unfinished

Beds Above Grade:

Heating System:

Natural Gas

Pool:

Age:

100+ Years

Roof Type:

Asphalt

Parking Type:

Garage

Room Count:

Water Front:

Yes

Square Feet:

N/A

Lot Size:

Less Than .25 Acre

Acreage:

0.08

Taxes & Assessments

Tax Amount:

$2,473

Tax Year:

2023

Location

Zip Code:

60649

City:

Chicago

County:

Cook

Schools

School District(s):

299

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Architecture Style:

Brownstone

Exterior Type:

Brick

Basement:

Unfinished

Beds Above Grade:

Heating System:

Natural Gas

Pool:

Age:

100+ Years

Roof Type:

Asphalt

Parking Type:

Garage

Room Count:

Water Front:

Yes

Square Feet:

N/A

Lot Size:

Less Than .25 Acre

Acreage:

0.08

Tax Amount:

$2,473

Tax Year:

2023

Zip Code:

60649

City:

Chicago

County:

Cook

School District(s):

299

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Listing Office: Compass

Listing Office Phone: 773.466.7150

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 9/11/2024 at 6:03am. 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.

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7420 S Kingston Avenue is a multiple unit (2-4) currently listed at $399,900. 7420 S Kingston Avenue features 5 Beds, 2 Baths. This multiple unit (2-4) has been listed on @properties since September 5th, 2024 and was built in 1923. The nearest transit stops include Windsor Park Metra Metra Metra Electric South Chicago Branch line.