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Prime Value-Add investment opportunity in nice South Shore $674,500

7833 S Kingston Avenue, Chicago, IL 60649

14 br, 0.0 ba, 1924 0 sf
Cook County
Ad #: 7127242

Home For Sale near Lake Michigan - Cook County

Prime Value-Add investment opportunity in nice South Shore neighborhood. 6-unit m/u property, comprised of (4) 2 Bedroom/1Bath Units and (2) 3 Bedroom/1 Bath units. (Being offered as discounted package with adjacent 6-unit identical building. MLS#12499606) 6-unit brick building, with center entrances front and back, with rear parking. Each unit with large bright living room, 2 or 3 full bedrooms, dining/family room, and separate kitchen with pantry and leading to back enclosed porch. Over half of the apartments have been completely remodeled to leverage higher market rents. New owner can complete rehab of additional units and leverage appreciation of market rents, or easily convert all remaining 2 bedrooms into 3 bedrooms. The opportunity is here to step into cash flow on day one and to also improve overall performance through leasing and management. Conveniently located a short distance from public transportation, including Metra, beautiful Lake Michigan, and surrounded by numerous grocery stores and shops. This multifamily opportunity offers immediate value-add potential from the moment of acquisition.

Property Details

  • Beds: 14
  • Baths: 0.0
  • Year Built: 1924
  • Location: Lake Michigan - Cook County
  • Acres: 0.170
  • County: Cook County
  • Siding: Brick
  • Roof:
  • Stories: 3
  • Property Taxes: $5,081
  • MLS #: 12547151

Location

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Contact Information:

Contact Agent
Listing Agent: Tommy Choi, Keller Williams Chicago ONEChicago, 312-216-2422, 312-216-2422 Listing Site, Listing Status: Active
Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Ad Statistics:

Lake Home For Sale in Chicago, Illinois
Ad Number : 7127242
Viewed: 2 times
Added: Jan 14, 2026
Updated on: Jan 14, 2026
All information provided is deemed reliable but is not guaranteed and should be independently verified.