SoldMay 30, 2025

Listed by Jonathan Fox and Alicia Blumer from Compass

Bought with Suzette Penn from Fathom Realty IL

Source: Midwest Real Estate Data, LLC #12322727

7420 S Kingston Ave, Chicago, IL, 60649

$376,000

6
2
1
0.08 ac.

MultiFam

30+ days on the market

Sold: May 30, 2025

What's around 7420 S Kingston Ave

About this property

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!

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