7613 South Kingston Avenue
$1,100,000
26
13
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Description
Discover this stunning 13-unit multi-family property nestled in the vibrant South Shore neighborhood of Chicago. Near the future site of PsiQuantum's First US-Based Utility-Scale Quantum Computer in Chicago. Each of the thirteen units boasts two spacious bedrooms, a separate living room, a dedicated kitchen, and beautiful hardwood flooring throughout. With all units currently rented, this property offers immediate income for the savvy investor, or a wonderful value-add opportunity. Convenience is...Discover this stunning 13-unit multi-family property nestled in the vibrant South Shore neighborhood of Chicago. Near the future site of PsiQuantum's First US-Based Utility-Scale Quantum Computer in Chicago. Each of the thirteen units boasts two spacious bedrooms, a separate living room, a dedicated kitchen, and beautiful hardwood flooring throughout. With all units currently rented, this property offers immediate income for the savvy investor, or a wonderful value-add opportunity. Convenience is key! The property is within walking distance to the Windsor Park Metra Station and CTA buses, making public transportation a breeze. Enjoy the best of South Shore's recreational offerings with Rainbow Beach, the South Shore Cultural Center, and the picturesque Lakefront just a short stroll away. This property is not only a beautiful place to live but also a lucrative investment. With an effective gross income of $138,510.00 and a Net Operating Income of $97,153.99, it promises attractive investor returns and a great addition to a portfolio. The current owner has thoughtfully updated the units and installed individual furnaces across all units, allowing tenants to manage their own heating costs, further enhancing the property's appeal. Each unit has been meticulously updated to ensure modern comforts while retaining classic charm. The property is move-in ready, offering a seamless transition for new owners and tenants alike. Seize this fantastic opportunity to own a piece of South Shore's thriving real estate market. Schedule your visit today and envision the endless potential this property holds for your investment portfolio. For more information or to arrange a viewing, contact us now!
- Listed by Gonzalo Del Rio • Dream Town Real Estate
- Listed by Christopher Sweitzer • Dream Town Real Estate
Property Details for 7613 South Kingston Avenue
Area
CHI - South Shore
TownshipHyde Park
ZoningMULTI
LISTING UPDATED: 08/17/2024 03:34 AM
Property Details for 7613 South Kingston Avenue
Status | Active |
---|---|
MLS # | 12078315 |
Days on Market | 189 |
Taxes | $11,656 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family 5+ / Corridor-Exterior Entrance |
Year Built | 1922 |
Lot Size | 0.17 AC / 7,405 SF |
County | Cook County |
Building Information for 7613 South Kingston Avenue
Stories3Residences13Year Built1922Building Size-Lot Size0.17 AC / 7,405 SF
Property Information for 7613 South Kingston Avenue
Property History for 7613 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 7613 South Kingston Avenue
Taxable ValueLand$8,184Additions$48,486Total$56,670
Tax Record2022$11,656 ($971 / month)
Home Facts
Stories3Lot Size7,440 SqFtStyleMulti-Family Res (5+ Units)Year Built1922CountyCOOKAPN21-30-310-002
Schools near 7613 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 - | 6 to 12 |
Rating | School | Distance |
---|---|---|
Bradwell Community Arts & Sci Elementary School PublicPK to 8 | ||
Chicago Vocational Career Academy High School Public9 to 12 | ||
Excel Academy - Woodlawn HS Public9 to 12 | ||
CAMELOT SAFE ACADEMY SCHOOL Public6 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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