Address
7839 S Kingston Avenue Chicago, IL
Price
$ 425,000
Property Attributes
  • MLS#11103206
  • TypeContingent
  • CountyCOOK
  • CityChicago
  • AreaCHI - South Shore
  • NeighborhoodSouth Shore
  • Zip60649
  • StyleMulti-Family
  • Year Built1929
  • Taxes$ 4028
  • Price$ 425,000
  • Bedrooms13
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage9864
  • Lot Size7,405 SqFt
Listing Provided Courtesy Of:
Stonetrust Realty Group, Inc.
Data Source:
Midwest Real Estate Data (MRED) - 103 - IL
Property Description

Well maintained 6 unit investment opportunity in South Shore neighborhood. Sister building also for sale next door for a total of 12 units. Each unit has its own separate in unit furnace and central air. TENANTS PAY THEIR OWN GAS AND ELECTRIC. Subject property has tone 3 bedroom and 1 bath unit and five 2 bedroom and 1 bath units. ALL UNITS HAVE ONE GARAGE SPACE. The building is all brick with a security gate and fenced in backyard. Enclosed rear staircase. TENANTS CURRENTLY PAYING WAY UNDER MARKET RENTS. SECTION 8 IS MUCH HIGHER.

Price History
5/28/2021 Listed $625,000
6/8/2021 16% - $525,000
8/10/2021 15% - $449,900
9/15/2021 6% - $425,000

General Features

Additional Parcels Y/N No
City Chicago
Contingency Attorney/Inspection
Cooling Central Air
County Cook
Current Use Multi-Family
Days on Market 135
Directions 75th to Kingston - South to Property.
Electric Circuit Breakers
Electric Expense 425
Fuel Expense 1825
Grossincome 50400
Insurance Expense 4550
MLS Area CHI - South Shore
Operatingexpense 11120
Property Type Commercial Sale
Property Type Multi Family 5+
Standard Status Active Under Contract
Status Contingent
Stories 3
Street Name Kingston
Tax Annual Amount 4028
Tax Year 2019
Tenant Pays Air Conditioning, Electricity, Heat
Total Units 6
Trash Expense 870
Water Sewer Expense 1640
Year Built 1929

Interior Features

Basement Unfinished
Street Suffix Avenue

Exterior Features

Building Area Total 9864
Buyerofficefax (630) 964-8619
Exterior Brick
Lot Dimensions 7440
Lot Size Acres 0.17
Total Parking 6

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 60649

Price
AVG $290K
$430K
Taxes
AVG $3,223
$4,028
Visits
AVG 88
256
Year Built
AVG 1926
1929
Walkscore
AVG 64
73
Data Provided by Walkscore ® not using MLS data