7833 S Kingston Avenue Chicago, IL $ 699,000
7833 S Kingston Avenue
$ 699,000
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7833 S Kingston Avenue

Chicago, IL, 60649
$ 699,000
Bedrooms5 Baths0.0 Sq 14,880

Monthly Estimate*

$ 4,361

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Multi-Family Home for sale in Chicago, IL

for $699,000 with 5 bedrooms. This 14,880 square foot home was built in 1924 on a lot size of 0.17.

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.

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Multi-Family Active

Price

$ 699,000

Bedrooms

5

Property Type

Multi-Family

Taxes

$ 5,081

Style

Multi-Family

Lot Size

0.17

Year Built

1924

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12499564

Features
General
Cooling Central Air
Zoning MULTI
Construction Materials Brick
Year Built 1924
Electric Circuit Breakers
Tenant Pays Air Conditioning Electricity Heat
Stories Count 3
Township Hyde Park
Tax Year 2023
Current Use Multi-Family
Gross Income 97320
County Cook
Net Operating Income 54598
Operating Expense 39848
Insurance Expense 2275
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 0
Status Active
Directions From 79th head west to Kingston and make a right
City Chicago
Number Of Units Total 6
MLS Area CHI - South Shore
Tax Annual Amount 5081
Electric Expense 350
Fuel Expense 500
Trash Expense 239
Water Sewer Expense 642
Additional Parcels Y/N N
Virtual Tour https://youriguide.com/unit_2_7833_s_kingston_ave_chicago_il
Standard Status Active
Cap Rate 8
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Interior
Basement Unfinished
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Exterior
Foundation Details Brick/Mortar Concrete Perimeter
Building Area Total 14880
Lot Dimensions 14880
Lot Size Acres 0.17
Frontage Type City Street
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* Excluded Features
List By
Keller Williams Onechicago

Broker

tom@weinbergchoi.com

Email

Affordability Calculator

$4,784
Per Month
91%
9%
0%
Monthly Principal & Interest
$4,361
Monthly Property Taxes
$423
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/23/2025$699,000 Listed Price

Map


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7833 S Kingston Avenue, Chicago, IL, 60649 is a Multi-Family Home for sale at $699,000 with 14,880 sqft and a lot size of 0.17. 7833 S Kingston Avenue has 5 bedrooms, 0.0 baths, and was built in 1924. The property's zip code is 60649 which is in Chicago, IL