Homes for sale - 7833 S Kingston Avenue, Chicago, IL 60649

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Michael Scanlon

michael.scanlon@exprealty.com +1(773) 630-9205

Listed by Tommy Choiof Keller Williams ONEChicago

$674,500

Est. payment - /mo

14,880 SqFt

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Key Details

Property Type Commercial

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 14,880 sqft

Price per Sqft $45

MLS Listing ID 12547151

Year Built 1924

Annual Tax Amount $5,081

Tax Year 2023

Lot Size 7,405 Sqft

Lot Dimensions 14880

Property Sub-Type Multi Family 5+

Property Description

Prime Value-Add investment opportunity in nice South Shore neighborhood. 6-unit m/u property, comprised of (4) 2 Bedroom/1Bath Units and (2) 3 Bedroom/1 Bath units. (Being offered as discounted package with adjacent 6-unit identical building. MLS#12499606) 6-unit brick building, with center entrances front and back, with rear parking. Each unit with large bright living room, 2 or 3 full bedrooms, dining/family room, and separate kitchen with pantry and leading to back enclosed porch. Over half of the apartments have been completely remodeled to leverage higher market rents. New owner can complete rehab of additional units and leverage appreciation of market rents, or easily convert all remaining 2 bedrooms into 3 bedrooms. The opportunity is here to step into cash flow on day one and to also improve overall performance through leasing and management. Conveniently located a short distance from public transportation, including Metra, beautiful Lake Michigan, and surrounded by numerous grocery stores and shops. This multifamily opportunity offers immediate value-add potential from the moment of acquisition.

Location

State IL

County Cook

Zoning MULTI

Rooms

Basement Unfinished

Interior

Cooling Central Air

Fireplace N

Exterior

View Y/N true

Building

Foundation Brick/Mortar, Concrete Perimeter

Structure Type Brick

Others

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NEARBY SCHOOL & BUSINESS

SCHOOLS PROPERTIES

Elementary Schools 20

9

Earhart Options for Knowledge Elementary School

Public | KG - 6
8

McDowell Elementary School

Public | KG - 5
6

Murray Elementary Language Academy

Public | KG - 8
5

Burnside Elementary Scholastic Academy

Public | PK - 8
5

Ray Elementary School

Public | PK - 8
5

Woodlawn Elementary Community School

Public | PK - 6
5

Carnegie Elementary School

Public | PK - 8
5

Harte Elementary School

Public | PK - 8
5

Hoyne Elementary School

Public | KG - 6
5

Marsh Elementary School

Public | PK - 8
4

Black Magnet Elementary School

Public | KG - 8
4

Warren Elementary School

Public | PK - 8
4

Coles Elementary Language Academy

Public | KG - 8
3

Wadsworth Elementary School

Public | PK - 8
3

Univ of Chicago Charter Schools

Public | PK - 12
3

Parkside Elementary Community Academy

Public | PK - 8
3

Bouchet Math and Science Academy Elementary School

Public | KG - 8
3

Burnham Elementary School

Public | PK - 8
3

Taylor Elementary School

Public | PK - 8
2

Smith W. Elementary School

Public | PK - 8

Middle Schools 1

0

Camelot Safe Academy School

Public | 6 - 12

High Schools 11

8

South Shore International College Prep High School

Public | 12 - 12
6

Hyde Park Academy High School

Public | 9 - 12
3

Chicago Vocational Career Academy High School

Public | 9 - 11
1

Hirsch Metropolitan High School

Public | 9 - 12
1

Epic Academy High School

Public | 9 - 12
0

Magic Johnson - Roseland High School

Public | 9 - 12
0

School of Leadership High School

Public | 11 - 12
0

Winnie Mandela High School

Public | 9 - 12
0

Bowen High School

Public | 9 - 12
0

Camelot Safe Academy High School

Public | 9 - 12
0

St Francis de Sales High School

Private | 9 - 12

School and business data provided by Attom Data.

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Michael Scanlon

+1(773) 630-9205

Team leader | License ID: 475.188240

Team leader License ID: 475.188240

7833 S Kingston Avenue Chicago, IL 60649

Michael Scanlon

Key Details

Location

Rooms

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

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