7601 S Kingston Avenue
Chicago, IL, 60649
$1,985,000
3 Beds
3 Baths
0 SqFt
0.34 Acres
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MLS #MRD12642708 image #0
Pleased to exclusively present this large corner courtyard building located in the heart of Chicago’s South Shore neighborhood. This attractive investment opportunity features a desirable unit mix consisting of 12 studios, 13 one bedroom units, and 9 spacious two bedroom units. These fully renovated units are achieving top of the market rents on the block. Investors will benefit from the current management that has just raised occupancy as well as fixing any deferred maintenance within the building. With the strong demand for affordable housing in the area, investors can experience steady cash flow for years to come. Ideally situated within walking distance to Windsor Park Metra Station and CTA buses, Nearby attractions include the South Shore Cultural Center, and the picturesque Lakefront.

Property Details

Price:
$1,985,000
MLS #:
MRD12642708
Status:
Active
Beds:
3
Baths:
3
Type:
Commercial
Neighborhood:
chisouthshore
Listed Date:
May 8, 2026
Total Sq Ft:
18,700
Year Built:
1924
Chi – South ShoreChisouthshore

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Schools

Interior

Exterior

Construction Materials
Brick
Roof
Membrane
Stories
3

Financial

Maintenance Fee
$23,800
Net Operating Income
$194,757
Tax Year
2024
Taxes
$32,467

Map

Community

Market Summary

Current real estate data for Commercial in Chicago as of Oct 06, 2026
887
Commercial Listed
184
Avg DOM
$1,022,299
Avg List Price

Property Summary

    7601 S Kingston Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60649. It is listed for $1,985,000

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