Sold
7326 S Kingston Avenue
Chicago IL, 60649
$320,000
Sold
6 Beds
3 Baths
Residential
Built in 1926
Courtesy of Coldwell Banker Realty
Step inside, you've just lucked up on a gold mine. This gigantic south shore 3 unit multi family property is the ideal armchair investment. Located in one of the city's fastest appreciating neighborhoods, this all brick property is exactly what any savvy investor, or owner occupant needs in their arsenal. Each unit features 2 large bedrooms with an additional room off of the primary making it ideal for a walk in closet, home office or den. Hardwood flooring runs throughout the units. The living room features a decorative fireplace making it the perfect place to hang a flat screen. The living room is filled with large windows allowing tons of natural light to fill the space. The units also feature a large dining room while the kitchens boasts stainless steel appliances, updated countertops, large pantries and butlers cabinets to store your fine china. Units 2 and 3 are running on their own separate furnaces.The bathrooms have been upgraded and retiled and have received new storage vanities and upgraded light fixtures. The first floor unit and common areas run off radiant heat, keeping heating costs low with the recently replaced boiler. The property has a unique feature of a side drive that leads directly to the all brick three car garage. The basement features high ceilings and tons of space. You have a common space that contains a coin-operated laundry machine to add to the landlord's income. All three units are currently tenant occupied and stabilized. A new landlord can walk in on day one collecting income while adding some sweat equity through minor property improvements. Located on a bright and airy block, steps away from a Chicago Fire Station and Chicago Public Library. Hop on the South Shore Metra line for a quick and easy commute to downtown Chicago or local suburbs. Plenty of shops and stores located conveniently nearby. South Shore High school is only minutes away which features the International Baccalaureate Program. I must not forget to mention the highly awaited Tiger Woods Golf Course and Historical South Shore Cultural Center. This area is rich in history and the architecture is unmatched, come and enjoy the lakefront in your own backyard by owning this one-of-a-kind investment property. PROPERTY IS ONLY SHOWN ON SUNDAYS 12:00.
11420978
MLSⓇ ID
June 1, 2022
Listed
March 28, 2024
Updated
Map
7326 S Kingston Avenue
Chicago IL, 60649
Interior Features
Bedrooms
6 Beds
Bathrooms
3 Baths
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Natural Gas
Exterior/Building Features
Lot Size
0.13 Acres
Sewer
Public Sewer
School Information
School District
299
Other Property Details
Area Name
CHI - South Shore
Taxes
$3,872
Tax Frequency
Annually
Days on Market
242
Garage
Yes
Garage Spaces
3
Parking Total
3
View
No
County
Cook
Municipality
Hyde Park
Water Source
Lake Michigan, Public
Pool
No
Buyer Agency Compensation
2.5%-$475 (NET SALES PRICE)
Courtesy of Coldwell Banker Realty, Melanie Miller,
Listing Contact: 312-981-5500
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Data last updated 4:18 AM UTC, 3/28/2024