Residential Income for Sale: 7420 S Kingston, Chicago, IL 60649
5 beds
$399,900
$399,900
7420 S Kingston,
Chicago, IL 60649
5 beds
$399,900
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Price:
$399,900
Est. payment: Skip to Mortgage Calculator
Type Residential Income
Style Brownstone
Beds 5
Lot Size 0.08 acres
Year Built 1923
City Chicago
County Cook
School District 299
MLS 12156035
Status Active
Welcome to a prime opportunity in historic South Shore with this beautifully rehabbed 2-unit building with 1-car garage. The property features a smart layout: one unit offers 2 spacious bedrooms + den/walk-in-closet (easily convertible to a 3 bed + den/WIC), formal living and dining rooms, and 1 bathroom. The second unit boasts 3 large bedrooms + den/WIC, a formal living room, and 1 bathroom. An unfinished basement with good ceiling height offers many possibilities. Individual utilities provide added convenience for both tenants and landlords. Completely transformed in 2021, the quality of the rehab and attention to detail truly set this property apart. Upgrades include new windows, upgraded plumbing, electrical, HVAC, cabinetry, refinished hardwood floors, tuck-pointing, privacy fence, iron gate, and more. Ideal for investors or owner-occupants, this turnkey property is cash-positive and poised for value growth. Located in a highly convenient area near multiple public transit options, Lake Shore Drive, shopping centers, beaches, and outdoor recreation. The Obama Presidential Library under construction nearby promises to further enhance property values for years to come. Additional opportunities to adjust rents to the current market rate and rent out parking make this the perfect addition to your portfolio. Priced at 10.7 GRM rate at list price.
Room Features
Basement Description Unfinished
Lot & Building Features
Architecture Brownstone
Heating Natural Gas
Parking Description Garage
Sewer Public Sewer
Tax Year 2023
Water Lake Michigan
Lot Dimensions 25X125 ft
Community and Schools
Elementary School 299
Price History of 7420 Kingston, Chicago, IL
Date | Name | Price | Difference |
---|---|---|---|
12/31/1969 | Listing Price | $399,900 | N/A |
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed. |
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7420 Kingston (MLS #12156035) is a brownstone residential income listing located in Chicago, IL. This residential income listing on a lot of 3,485 sqft (or 0.08 acres) with 5 bedrooms, 2 baths and is 100+ Years years old. This property was listed on 09/05/2024 and has been priced for sale at $399,900.
Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information courtesy of: Compass |