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 

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Second City Agents are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the  MLS GRID for MRED 3/28/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.

Data last updated 4:18 AM UTC, 3/28/2024

 

 

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