7420 S Kingston Ave

Chicago IL 60649

0.08 ac.

Multi-Family

Last sold for $376,000

Jonathan Fox, last sold this property on 30 May 2025 after 287 days on market.

Overview

Start making money on day #1! Welcome to a prime opportunity in historic South Shore with this beautifully rehabbed 2-unit building with driveway and 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. Each unit offers a smart, functional layout: the first unit features 3 spacious bedrooms plus a den/walk-in closet (with the third bedroom currently opened up as a formal dining room), a formal living room, and 1 bathroom. The second unit includes 3 large bedrooms, a den/walk-in closet, formal living room, and 1 bathroom. Individual utilities for each unit provide added convenience and lower overhead for 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!

Features

6 bedrooms

2 bathrooms

1 carspace

1 garage space

0.08 ac. lot size

Multi-Family

Estimated Value

Based on this property and similar 6 bedroom multi families sold in Chicago over the last 12 months, the estimated median property value of 7420 S Kingston Ave is $355k.

Median value

$355k

Estimated value range

$175k - $492.5k

Median days on market

Estimated value trend

16%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Chicago. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 7420 S Kingston Ave

2025

Sold

$376,000

30 May 2025 by Jonathan Fox, of Compass

2021

Sold

$345,000

30 Jul 2021 by Jaime Birks, of Corona Realty Group, Inc.

2017

Sold

$34,000

15 Feb 2017 by Timothy E. Gray

Happy sellers in Chicago

We have insufficient information to provide an overview of customer satisfaction for Chicago. Viewing the agent profiles, reviews and sales for Chicago can provide insights for this location.