855.375.4001
Listing Courtesy of: Gonzalo Del Rio - Dream Town Real Estate 312-242-1000
$1,100,000 affordable loan icon Calculate Payment

7613 S Kingston Avenue Chicago, IL 60649

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General Commercial Residence
Beds
Baths
... Bed/Bath
Sq. Ft.

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Last updated on 7/1/2024 4:33 AM
Discover this stunning 13-unit multi-family property nestled in the vibrant South Shore neighborhood of 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 pro...perty 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, 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! Continue reading
MLS#
12078315
Property Type
General Commercial
Year Built
1922
Lot Size
0.17

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Listing Courtesy of: Gonzalo Del Rio - Dream Town Real Estate 312-242-1000
Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


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This content last refreshed on 7/1/2024 4:33 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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