7718 S Kingston Avenue Chicago, IL $ 320,000
7718 S Kingston Avenue
$ 320,000
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7718 S Kingston Avenue

Chicago, IL, 60649
$ 320,000
Bedrooms9 Baths6.3

Monthly Estimate*

$ 1,970

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Multi-Family Home for sale in Chicago, IL

for $320,000 with 9 bedrooms and 6 full baths, 3 half baths. This home was built in 1925.

*****OPPORTUNITY IS KNOCKING***** A Solid brick three-unit multifamily offering exceptional space, strong fundamentals, and significant value-add potential. Each unit features a highly desirable 3-bedroom, 2-bathroom layout with approximately 1,800 square feet of living space per unit-an uncommon find in today's multifamily market. Units offer separate living and dining rooms, hardwood floors throughout, and classic radiator heating. Solid brick construction provides durability, lower long-term maintenance and timeless curb appeal! These oversized layouts offer flexibility for modern renovations while maintaining the character and proportions that appeal to both long-term tenants and owner-occupants. The partially finished basement includes an existing bathroom and kitchen area, presenting a potential opportunity to create a fourth unit, in-law suite or additional living space (buyer to verify zoning and permits). This feature offers substantial upside for investors seeking to increase rental income and overall property value. Additional highlights include a separate brick three-car garage, a highly desirable amenity that can generate additional income or enhance tenant retention. This property is in need of updating, providing the ideal opportunity for buyers to customize finishes, modernize kitchens and baths, and maximize returns through strategic improvements. This property is well-suited for investors, rehabbers, or owner-occupants looking to live in one unit while generating income from the others. STRONG bones, GENEROUS unit sizes, and EXPANSION POTENTIAL make this a compelling multifamily opportunity. This property is being conveyed, AS-IS/WHERE-IS. Seller will make no repairs.

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Multi-Family Contingent

Price

$ 320,000

Bedrooms

9

Full Bath

6

Half Bath

3

Property Type

Multi-Family

Taxes

$ 5,576

Style

Year Built

1925

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12558725

Features
General
Sewer Public Sewer
Heating Natural Gas Radiant
Possession Closing Immediate
Roof Tar/Gravel
Zoning MULTI
Garage Spaces 3
Construction Materials Brick
Year Built 1925
Township Hyde Park
Tax Year 2024
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Contingency Attorney/Inspection
Total Rooms 24
Status Contingent
Directions Take South Chicago Ave to Yates Blvd. Turn onto E 77th st then turn South onto Kingston Ave.
City Chicago
High School District 299
MLS Area CHI - South Shore
Tax Annual Amount 5576.68
Additional Parcels Y/N N
Standard Status Active Under Contract
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Partially Finished Full Walk-Out Access
Total Bedrooms 9
Total Baths 6
Bedrooms Possible 9
Full Baths Building 3
Half Baths Building 3
Total Number of Units 3
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Exterior
Parking Features Yes Detached Garage
Water Source Lake Michigan Public
Total Parking 3
Lot Dimensions 37 x 124
Waterfront Y/N N
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* Excluded Features
List By
Baird & Warner

Broker

lori.spruiell@bairdwarner.com;lorithebroker@gmail.com

Email

Affordability Calculator

$2,435
Per Month
81%
19%
0%
Monthly Principal & Interest
$1,970
Monthly Property Taxes
$465
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/10/2026$320,000 Listed Price

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7718 S Kingston Avenue, Chicago, IL, 60649 is a Multi-Family Home for sale at $320,000. 7718 S Kingston Avenue has 9 bedrooms, 6.3 baths, and was built in 1925. The property's zip code is 60649 which is in Chicago, IL