7420 S Kingston Avenue
Chicago, IL, 60649
$374,900
5 Beds
2 Baths
0 SqFt
0.08 Acres
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$374,900
7420 S Kingston Avenue
Chicago, IL, 60649
MLS #MRD12214501 img 0MLS #MRD12214501 img 1MLS #MRD12214501 img 2MLS #MRD12214501 img 3MLS #MRD12214501 img 4MLS #MRD12214501 img 5MLS #MRD12214501 img 6MLS #MRD12214501 img 7MLS #MRD12214501 img 8MLS #MRD12214501 img 9MLS #MRD12214501 img 10MLS #MRD12214501 img 11MLS #MRD12214501 img 12MLS #MRD12214501 img 13MLS #MRD12214501 img 14MLS #MRD12214501 img 15MLS #MRD12214501 img 16MLS #MRD12214501 img 17MLS #MRD12214501 img 18MLS #MRD12214501 img 19MLS #MRD12214501 img 20MLS #MRD12214501 img 21MLS #MRD12214501 img 22MLS #MRD12214501 img 23MLS #MRD12214501 img 24MLS #MRD12214501 img 25MLS #MRD12214501 img 26MLS #MRD12214501 img 27MLS #MRD12214501 img 28MLS #MRD12214501 img 29
Start making money on day #1! Welcome to a prime opportunity in historic South Shore with this beautifully rehabbed 2-unit building with 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. 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. Individual utilities provide added convenience for both tenants and 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 #:
MRD12214501
Status:
Active
Beds:
5
Baths:
2
Address:
7420 S Kingston Avenue
Type:
Multi Family
Neighborhood:
CHI – South Shore
City:
Chicago
Listed Date:
Feb 20, 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 Spots
1
Roof
Asphalt

Financial

Net Operating Income
$33,610
Tax Year
2023
Taxes
$2,474
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Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.

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7420 S Kingston Avenue
Chicago, IL