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7831 S Kingston Avenue

Chicago, IL 60649
  • $525,000
  • STATUS: Active
  • ON SITE: 76 days
  • MLS #: 11089868
UPDATED: 63 min ago
$525,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,864
    SQFT
  • $53
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1924
County:

School Ratings & Info

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 two 3 bedroom and 1 bath units and four 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. Brand new roof is to be installed. TENANTS CURRENTLY PAYING WAY UNDER MARKET RENTS. SECTION 8 IS MUCH HIGHER.

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© 2021 Midwest Real Estate Data LLC. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Schoon Family Group with Keller Williams Elite. Based on information submitted to the MRED as of 2021-08-01T08:52:01.28 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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7831 S Kingston Avenue Chicago, IL 60649

  • Price: $525,000
  • Status: Active
  • Updated: 63 min ago
  • MLS #: 11089868
0
Beds
0
Baths
0
½ Baths
0.17
Acres
9,864
SQFT
$53
$/SQFT
1924
Built
Neighborhood:
Chi - South Shore
County:
Cook
Area:
Chi - South Shore
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 two 3 bedroom and 1 bath units and four 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. Brand new roof is to be installed. TENANTS CURRENTLY PAYING WAY UNDER MARKET RENTS. SECTION 8 IS MUCH HIGHER.
Exterior Features

Foundation Details Brick/MortarConcrete Perimeter Parking Total 6 Roof Structure Flat

Interior Features

Basement Description Unfinished Cooling Central Air Electric Circuit Breakers Fireplaces Total 0 Heat Ventilation Forced AirGas Indoor Parking 6-12 SpacesDetached Number Of Bedrooms Type5 2 Number Of Bedrooms Type6 3 Number Of Bedrooms Unit1 2 Number Of Bedrooms Unit2 2 Number Of Bedrooms Unit3 3 Number Of Bedrooms Unit4 2 Number Of Dishwashers 0 Number Of Disposals 0 Number Of Dryers 2 Number Of Full Bathrooms Type1 1 Number Of Full Bathrooms Type2 1 Number Of Full Bathrooms Type3 1 Number Of Full Bathrooms Type4 1 Number Of Full Bathrooms Type5 1 Number Of Full Bathrooms Type6 1 Number Of Ranges 6 Number Of Refrigs 6 Number Of Rooms Unit Five 5 Number Of Rooms Unit Four 5 Number Of Rooms Unit Six 5 Number Of Rooms Unit1 5 Number Of Rooms Unit2 5 Number Of Rooms Unit3 5 Number Of Rooms Unit7 0 Number Of Units Apt Type1 1 Number Of Units Apt Type2 1 Number Of Units Apt Type3 1 Number Of Units Apt Type4 1 Number Of Units Apt Type5 1 Number Of Units Apt Type6 1 Number Of Units Apt Type7 0 Number Of Washers 2 Number Of Window Ac 0

Property Features

Additional Parcels YN No Built Before1978 YN Yes Current Use Multi-Family Electric Expense 425 Expense Year 2020 Exterior Building Type Brick Fuel Expense 1825 Gross Income 50400 Gross Scheduled Income 50400 Insurance Expense 4550 Janitor Expense 0 Known Encumbrances None Known Lot Size Dimensions 14880 Maintenance Expense 0 Monthly Income Max1 700 Monthly Income Max2 0 Monthly Income Max3 0 Monthly Income Max4 700 Monthly Income Max5 0 Monthly Income Max6 0 Operating Expense 9310 Other Expense 0 Possible Use Multi-Family Tax Annual Amount 2218.45 Tax Year 2019 Tenant Pays Air ConditioningElectricityHeat Total Monthly Income 4200 Trash Expense 870 Type Multi Family Corridor-Interior EntranceCourtyard Unincorporated YN No Washer Dryer Leased YN No Water Sewer Expense 1640

Listing information © 2021 Midwest Real Estate Data LLC.
Listing provided courtesy of Stonetrust Realty Group, Inc..


© 2021 Midwest Real Estate Data LLC. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Schoon Family Group with Keller Williams Elite. Based on information submitted to the MRED as of 2021-08-01T08:52:01.28 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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