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7601 S Kingston Avenue Chicago, IL 60649 • Multi Unit - Multiple • Active

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Description

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. The owners have put in a new boiler (2025), New roof, porches, and tuckpointing (2026), and skilled renovation projects to the units that turnover. Ideally situated within walking distance to Windsor Park Metra Station and CTA buses, this property enhances tenant convenience and appeal. Nearby attractions include Rainbow Beach, the South Shore Cultural Center, the new The Obama Presidential Center, and the picturesque Lakefront.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

County: Cook
Listed By:
Real Realty Inc 773-869-0500
MRED MLS
$1,900,000
Est. $13,696/mo
New to the Market Active
BEDS0 BATHS MLS#12797042
STATUSActive PROPERTY TYPEMulti Unit - Multiple

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7601 S Kingston Avenue, Chicago, IL 60649.

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Loan Type FHA 30 Year FixedVA 30 year fixed30 yr Jumbo
Purchase Price $1,900,000$1,900,000$1,900,000
Down Payment $66,500$0$380,000
Monthly Mortgage Amount $12,256$13,076$10,498
Taxes $2644$2644$2644
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $1,141$0$0
Monthly Estimated Total $16,595$16,274$13,696

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