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7601 S Kingston Avenue Chicago, IL $ 1,985,000
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$ 1,985,000 Get more info
7601 S Kingston Avenue
$ 1,985,000
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7601 S Kingston Avenue

Chicago, IL, 60649
$ 1,985,000
Bedrooms3 Baths0.0 Sq 18,700

Monthly Estimate*

$ 13,710

7601 S Kingston Avenue, Chicago, IL 60649 - Image 1
7601 S Kingston Avenue, Chicago, IL 60649 - Image 2
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7601 S Kingston Avenue, Chicago, IL 60649 - Image 9

Multi-Family Home for sale in Chicago, IL

for $1,985,000 with 3 bedrooms. This 18,700 square foot home was built in 1924 on a lot size of 0.34.

Pleased to exclusively present this large corner courtyard building located in the heart of Chicago's South Shore neighborhood. This attractive investment opportunity features a desirable unit mix consisting of 12 studios, 13 one bedroom units, and 9 spacious two bedroom units. These fully renovated units are achieving top of the market rents on the block. Investors will benefit from the current management that has just raised occupancy as well as fixing any deferred maintenance within the building. With the strong demand for affordable housing in the area, investors can experience steady cash flow for years to come. Ideally situated within walking distance to Windsor Park Metra Station and CTA buses, Nearby attractions include the South Shore Cultural Center, and the picturesque Lakefront.

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Multi-Family Active

Price

$ 1,985,000

Bedrooms

3

Property Type

Multi-Family

Taxes

$ 32,467

Style

Lot Size

0.34

Year Built

1924

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12642708
Features
General
Roof Membrane
Zoning MULTI
Construction Materials Brick
Year Built 1924
Tenant Pays Electricity
Stories Count 3
Tax Year 2024
Gross Income 437172
County Cook
Net Operating Income 194757
Operating Expense 47300
Insurance Expense 25500
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 23800
Status Active
Directions From 75th Street head south on Kingston Ave to the property. Property is located on the west side of the street near the intersection of 76th & Kingston Ave. Street parking is available.
City Chicago
Number Of Units Total 34
MLS Area CHI - South Shore
Tax Annual Amount 32467
Electric Expense 2101
Fuel Expense 32024
Trash Expense 5367
Water Sewer Expense 21992
Additional Parcels Y/N N
Standard Status Active
Cap Rate 9.81
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Exterior
Foundation Details Brick/Mortar
Building Area Total 18700
Lot Dimensions 125 X 117
Lot Size Acres 0.34
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* Excluded Features
List By
Real Realty Inc

Broker

aredzic@realrealtyus.com

Email

Affordability Calculator

$16,415
Per Month
84%
16%
0%
Monthly Principal & Interest
$13,710
Monthly Property Taxes
$2,706
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
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Pricing History
DatePricePrice ChangeDescription
9/25/2026$1,985,000 Listed Price

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7601 S Kingston Avenue, Chicago, IL, 60649 is a Multi-Family Home for sale at $1,985,000 with 18,700 sqft and a lot size of 0.34. 7601 S Kingston Avenue has 3 bedrooms, 0.0 baths, and was built in 1924. The property's zip code is 60649 which is in Chicago, IL

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