$374,900
7420 S Kingston Avenue
Chicago, IL, 60649
Start making money on day #1! Welcome to a prime opportunity in historic South Shore with this beautifully rehabbed 2-unit building with driveway and 1-car garage. 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. Each unit offers a smart, functional layout: the first unit features 3 spacious bedrooms plus a den/walk-in closet (with the third bedroom currently opened up as a formal dining room), a formal living room, and 1 bathroom. The second unit includes 3 large bedrooms, a den/walk-in closet, formal living room, and 1 bathroom. Individual utilities for each unit provide added convenience and lower overhead for landlords. 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. Priced at 9.4 GRM rate at list price!
Property Details
Price:
$374,900
MLS #:
MRD12322727
Status:
Active
Beds:
6
Baths:
2
Address:
7420 S Kingston Avenue
Type:
Multi Family
Neighborhood:
CHI – South Shore
City:
Chicago
Listed Date:
Mar 27, 2025
State:
IL
ZIP:
60649
Year Built:
1923
Schools
School District:
299
Interior
Heating
Natural Gas
Exterior
Architectural Style
Brownstone
Community Features
Park, Curbs, Sidewalks, Street Lights, Street Paved
Exterior Features
Other
Parking Features
On Site, Garage Owned, Detached, Garage
Parking Spots
1
Roof
Asphalt
Financial
Tax Year
2023
Taxes
$2,474
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
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7420 S Kingston Avenue
Chicago, IL
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