7420 S Kingston Avenue
Chicago, IL 60649
- 5 beds
- 2 baths
- – sqft
- 3,485 sqft lot
- 1923 build
- – on site
Welcome to a prime opportunity in historic South Shore with this beautifully rehabbed 2-unit building with 1-car garage. 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. An unfinished basement with good ceiling height offers many possibilities. Individual utilities provide added convenience for both tenants and landlords. 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. 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. Additional opportunities to adjust rents to the current market rate and rent out parking make this the perfect addition to your portfolio. Priced at 10.7 GRM rate at list price.
Last checked:
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Last updated Oct 25, 2024
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MLS# 12156035 —
The Building
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Year Built:1923
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Rebuilt:No
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New Construction:false
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Architectural Style:Brownstone
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Roof:Asphalt
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Basement:Full
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Exterior Features:Deck, Other
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Other Equipment:CO Detectors, Ceiling Fan(s), Multiple Water Heaters
Interior
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Rooms Total:8
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Room Type:Foyer
Location
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Directions:Stoney Island to E 75th St Left onto Kingston to Property
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Location:87121
The Property
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Parcel Number:21301160220000
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Property Type:Residential Income
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Lot Size Dimensions:25X125
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Lot Size Acres:0.08
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Zoning:MULTI
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Waterfront:true
Listing Agent
- Contact info:
- Agent phone:
- (704) 771-2139
- Office phone:
- (773) 466-7150
Taxes
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Tax Year:2023
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Tax Annual Amount:2473.92
Beds
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Bedrooms Total:5
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Bedrooms Possible:5
Baths
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Baths:2
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Full Baths:2
The Listing
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Virtual Tour Unbranded:
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Special Listing Conditions:None
Heating & Cooling
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Heating:Natural Gas
Utilities
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Sewer:Public Sewer
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Water Source:Lake Michigan
Schools
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Elementary School District:299
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Middle Or Junior School District:299
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High School District:299
The Community
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Community Features:Park, Curbs, Sidewalks, Street Lights, Street Paved
Parking
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Parking Total:1
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Garage Type:Detached
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Garage Spaces:1
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Garage Onsite:Yes
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Garage Ownership:Owned
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
9/5/24
Sep 5, 2024
|
Listed / Active | MRED | $399,900 | 15.9% (5.1% / YR) |
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8/15/24
Aug 15, 2024
|
Listed / Active | MRED | ||
|
7/30/21
Jul 30, 2021
|
MRED | $345,000 | 3.0% |
