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

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

Virtual Tours for 7420 Kingston Chicago, IL

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.

Comparable Properties Sold Near By


Photo of Nancy Hotchkiss
Direct: 312-339-3405
Office
3580 W 95th Street
Evergreen Park, IL 60805
708-422-0011
Listed by Compass, Jonathan Fox & Alicia Blumer
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6.75%
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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.

Nearby zip codes are 60617, 60619, 60637, 60638 and 60643.

Midwest Real Estate Data

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