7833 S Kingston Avenue, Chicago, IL 60649
sale
$699,000
|
Other
Courtesy Of Keller Williams Chicago ONEChicago
Prime Value-Add investment opportunity in nice South Shore neighborhood. 6-unit m/u property, comprised of (4) 2 Bedroom/1Bath Units and (2) 3 Bedroom/1 Bath units. (Being offered as discounted package with adjacent 6-unit identical building. MLS#12499606) 6-unit brick building, with center entrances front and back, with rear parking. Each unit with large bright living room, 2 or 3 full bedrooms, dining/family room, and separate kitchen with pantry and leading to back enclosed porch. Over half of the apartments have been completely remodeled to leverage higher market rents. New owner can complete rehab of additional units and leverage appreciation of market rents, or easily convert all remaining 2 bedrooms into 3 bedrooms. The opportunity is here to step into cash flow on day one and to also improve overall performance through leasing and management. Conveniently located a short distance from public transportation, including Metra, beautiful Lake Michigan, and surrounded by numerous grocery stores and shops. This multifamily opportunity offers immediate value-add potential from the moment of acquisition.
Read More About This Property
Read Less About This Property
Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Virtual Tour
Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Building Units: 6
- Cooling System: Central Air
- MLSID: 12499564
Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
You may also be interested in...
sale
$905,000
Condominium
416 W Ontario Street C-2
Chicago, IL 60610
Building: 4,500 sq. ft.
Courtesy Of Real People Realty
sale
$900,000
Other
4342 W 63rd Street
Chicago, IL 60629
Building: 3,300 sq. ft.
Courtesy Of RE/MAX Legends
sale
$900,000
Other
4636 S KING Drive
Chicago, IL 60653
Courtesy Of Realty One Group-Heartland
sale
$899,000
Other
5544 W Belmont Avenue
Chicago, IL 60641
Building: 5,510 sq. ft.
Courtesy Of eXp Realty, LLC