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Dick Barr, CRS

db@dickbarr.com +1(847) 644-1154

$ 374,900

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Open Sat 11AM-12:30PM

7420 S Kingston AVE Chicago, IL 60649

5 Beds

2 Baths

3,484 Sqft Lot

OPEN HOUSE

Sat Feb 22, 11:00am - 12:30pm

Sun Feb 23, 2:00pm - 3:30pm

UPDATED:

02/21/2025 04:04 PM

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12214501

Style Brownstone

Bedrooms 5

Maintenance Fees $800

Year Built 1923

Annual Tax Amount $2,473

Tax Year 2023

Lot Size 3,484 Sqft

Lot Dimensions 25X125

Property Sub-Type Two to Four Units

Property Description

Start making money on day #1! Welcome to a prime opportunity in historic South Shore with this beautifully rehabbed 2-unit building with 1-car garage. 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. 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. Individual utilities provide added convenience for both tenants and landlords. 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. Priced at 9.4 GRM rate at list price!

Location

State IL

County Cook

Area Chi - South Shore

Zoning MULTI

Rooms

Basement Full

Interior

Heating Natural Gas

Equipment CO Detectors, Ceiling Fan(s), Multiple Water Heaters

Fireplace N

Exterior

Exterior Feature Other

Parking Features Detached

Garage Spaces 1.0

Community Features Park, Curbs, Sidewalks, Street Lights, Street Paved

Roof Type Asphalt

Building

Dwelling Type Two to Four Units

Sewer Public Sewer

Water Lake Michigan

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Jonathan Fox • Compass

Dick Barr, CRS

Managing Broker | License ID: 471.011187

+1(847) 644-1154

Dick Barr, CRS

7420 S Kingston AVE Chicago, IL 60649

OPEN HOUSE

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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7420 S Kingston AVE