7420 South Kingston Avenue
$399,900
5
2
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—
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Listed By Compass
Description
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...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.
Listing Agents
Property Details for 7420 South Kingston Avenue
Area
CHI - South Shore
TownshipHyde Park
OwnershipFee Simple
Num Of Garage Spaces1.0
Num Of Parking Spaces1.0
Parking Included in PriceYes
Heat/FuelNatural Gas
Architectural StyleBrownstone
LISTING UPDATED: 09/11/2024 12:06 AM
Property Details for 7420 South Kingston Avenue
Status | Active |
---|---|
MLS # | 12156035 |
Days on Market | 79 |
Taxes | $2,474 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Two to Four Units / 2 Flat |
Year Built | 1923 |
Lot Size | 0.08 AC / 3,484 SF |
County | Cook County |
Building Information for 7420 South Kingston Avenue
Stories-Residences2Year Built1923Building Size-Lot Size0.08 AC / 3,484 SF
Property Information for 7420 South Kingston Avenue
Property History for 7420 South Kingston Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 7420 South Kingston Avenue
Taxable ValueLand$4,571Additions$10,428Total$14,999
Tax Record2022$3,085 ($257 / month)
Home Facts
Baths2Total Finished SqFt2,370 SqFtAbove Grade Finished SqFt2,370 SqFtStories2Lot Size3,657 SqFtStyleMulti-Family Res (5+ Units)Year Built1923CountyCOOKAPN21-30-116-022Fireplace TypeHas Fireplace
Schools near 7420 South Kingston Avenue
This home is within Chicago Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Powell Elementary Paideia Community Academy PublicPK to 8 | ||
Chicago Vocational Career Academy High School Public9 to 12 | ||
Excel Academy - Woodlawn HS Public9 to 12 | ||
South Shore Intl Col Prep High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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