7601 S Kingston Avenue Chicago, IL $ 1,900,000
7601 S Kingston Avenue
$ 1,900,000
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7601 S Kingston Avenue

Chicago, IL, 60649
$ 1,900,000
Bedrooms3 Baths0.0

Monthly Estimate*

$ 13,123

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Multi-Family Home for sale in Chicago, IL

for $1,900,000 with 3 bedrooms. This home was built in 1924 on a lot size of 0.34.

Real Realty is 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. The owners have put in a new boiler (2025), New roof, porches, and tuckpointing (2026), and skilled renovation projects to the units that turnover. 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.

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Multi-Family Active

Price

$ 1,900,000

Bedrooms

3

Property Type

Multi-Family

Taxes

$ 48,891

Style

Lot Size

0.34

Year Built

1924

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12797042

Features
General
Roof Membrane
Zoning MULTI
Construction Materials Brick
Year Built 1924
Electric Circuit Breakers
Tenant Pays Electricity
Stories Count 3
Township Hyde Park
Tax Year 2025
Gross Income 474120
County Cook
Net Operating Income 225804
Operating Expense 196163
Insurance Expense 19016
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 11900
Status New
Directions From 75th Street head south on Kingston Avenue. Continue to 76th Street. Property is located on the west side of Kingston Avenue at the intersection of 76th Street and Kingston Avenue. Street parking
City Chicago
Number Of Units Total 34
MLS Area CHI - South Shore
Tax Annual Amount 48891
Electric Expense 2612
Fuel Expense 30822
Trash Expense 5466
Water Sewer Expense 27458
Additional Parcels Y/N N
Standard Status Active
Cap Rate 11.8
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Exterior
Foundation Details Concrete Perimeter
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

$17,197
Per Month
76%
24%
0%
Monthly Principal & Interest
$13,123
Monthly Property Taxes
$4,074
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
Pricing History
DatePricePrice ChangeDescription
10/29/2026$1,900,000 Listed Price

Map


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7601 S Kingston Avenue, Chicago, IL, 60649 is a Multi-Family Home for sale at $1,900,000 with 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