7613 S KINGSTON Avenue
Chicago, IL, 60649
$1,025,000
Beds
0 Baths
0 SqFt
0.17 Acres
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$1,025,000
7613 S KINGSTON Avenue
Chicago, IL, 60649
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Discover this exceptional 13-unit property located in Chicago’s vibrant South Shore neighborhood, near the future site of PsiQuantum’s first US-based utility-scale Quantum Computer. Each of the thirteen units features two spacious bedrooms, a separate living area, a dedicated kitchen, and beautiful hardwood flooring throughout. All units are currently rented, providing immediate income, with current rents under $1,000 per unit while the HUD Rate for a 2-bedroom unit is $1,500, presenting a great opportunity for better returns. The property also includes an unused laundry room, which can be updated to provide on-site laundry facilities, creating additional income possibilities. Ideally situated within walking distance to Windsor Park Metra Station and CTA buses, this property enhances tenant convenience and appeal. Nearby attractions include Rainbow Beach, the South Shore Cultural Center, the new The Obama Presidential Center, and the picturesque Lakefront. Each unit has been thoughtfully updated to ensure modern comforts while retaining classic charm. Don’t miss this fantastic opportunity to own a piece of South Shore’s thriving real estate market. Schedule your visit today and envision the endless potential this property holds for your investment portfolio!

Property Details

Price:
$1,025,000
MLS #:
MRD12351493
Status:
Active
Beds:
0
Baths:
0
Address:
7613 S KINGSTON Avenue
Type:
Commercial
Neighborhood:
CHI – South Shore
City:
Chicago
Listed Date:
Apr 29, 2025
State:
IL
ZIP:
60649
Year Built:
1922

Schools

Interior

Exterior

Construction Materials
Brick, Concrete

Financial

Net Operating Income
$104,444
Tax Year
2022
Taxes
$11,656
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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7613 S KINGSTON Avenue
Chicago, IL