7601 S Kingston Ave Chicago, IL 60649
South Shore NeighborhoodEstimated payment $13,998/month
Highlights
- 0.34 Acre Lot
- Courtyard
- Heating System Uses Steam
About This Home
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. Investors will benefit from the current management that has just raised occupancy as well as fixing any deferred maintenance within the building. With the strong demand for affordable housing in the area, investors can experience steady cash flow for years to come. Ideally situated within walking distance to Windsor Park Metra Station and CTA buses, Nearby attractions include the South Shore Cultural Center, and the picturesque Lakefront.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $32,467
Year Built
- Built in 1924
Lot Details
- 14,810 Sq Ft Lot
- Lot Dimensions are 125 x 117
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Brick Foundation
- Membrane Roofing
Interior Spaces
- 18,700 Sq Ft Home
- 3-Story Property
Outdoor Features
- Courtyard
Utilities
- Radiator
- Heating System Uses Steam
- Heating System Uses Gas
Listing and Financial Details
- The owner pays for sewer, water, heat
Community Details
Overview
- 34 Units
Building Details
- Electric Expense $2,101
- Fuel Expense $32,024
- Insurance Expense $25,500
- Maintenance Expense $23,800
- Manager Expense $19,673
- Other Expense $6,800
- Trash Expense $5,367
- Water Sewer Expense $21,992
- Operating Expense $47,300
- Gross Income $437,172
- Net Operating Income $194,757
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $47,300 | $234,700 | $18,215 | $216,485 |
| 2024 | $32,467 | $234,700 | $18,215 | $216,485 |
| 2023 | $31,538 | $153,333 | $16,029 | $137,304 |
| 2022 | $31,538 | $153,333 | $16,029 | $137,304 |
| 2021 | $30,834 | $153,333 | $16,029 | $137,304 |
| 2020 | $29,976 | $134,559 | $16,029 | $118,530 |
| 2019 | $27,035 | $134,559 | $16,029 | $118,530 |
| 2018 | $26,580 | $134,559 | $16,029 | $118,530 |
| 2017 | $20,981 | $97,464 | $13,114 | $84,350 |
| 2016 | $19,521 | $97,464 | $13,114 | $84,350 |
| 2015 | $17,860 | $97,464 | $13,114 | $84,350 |
| 2014 | $18,904 | $101,887 | $10,929 | $90,958 |
| 2013 | $18,531 | $101,887 | $10,929 | $90,958 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/08/2026 05/08/26 | For Sale | $1,985,000 | +58.4% | $106 / Sq Ft | |
| 09/23/2019 09/23/19 | Sold | $1,253,100 | -21.6% | -- | View Prior Sale |
| 07/11/2019 07/11/19 | Pending | -- | -- | -- | |
| 06/10/2019 06/10/19 | For Sale | $1,598,000 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Land Contract | $1,650,000 | Attorney | |
| Deed | $1,253,500 | Chicago Title | |
| Warranty Deed | $1,270,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $984,000 | Commercial | |
| Previous Owner | $1,070,000 | Commercial |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12642708
APN: 21303100010000
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Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
- 2509 E 76th St Unit 1
- 2511 E 76th St Unit 3
- 7601 S Essex Ave Unit 2
- 7611 S Essex Ave
- 7544 S Essex Ave
- 7544 S Saginaw Ave
- 7600 S Phillips Ave
- 7641 S Phillips Ave
- 7719 S Kingston Ave
- 2646 E 77th St
- 7721 S Colfax Ave
- 7726 S Kingston Ave
- 7727 S Colfax Ave
- 7724 S Essex Ave
- 7730 S Essex Ave
- 7714 S Marquette Ave
- 7400 S Phillips Ave
- 7732 S Phillips Ave
- 2448 E 74th St
- 7754 S Saginaw Ave
- 7526-7536 S Colfax Ave
- 7617 S Colfax Ave Unit 203
- 7554 S Essex Ave Unit 54-G
- 7610 S Saginaw Ave Unit 7610-2A
- 7654 S Colfax Ave Unit 2
- 7634 S Phillips Ave Unit 3
- 7600 S Marquette Ave Unit 1
- 7440 S Phillips Ave
- 7505 S Yates Blvd Unit 1
- 7724 S Essex Ave Unit 2
- 7544 S Yates Blvd
- 7737 S Kingston Ave Unit 3N
- 7544 S Yates Blvd Unit D
- 7730 S Essex Ave Unit 2
- 7743 S Kingston Ave
- 2542 E 78th St
- 7759 S Kingston Ave
- 2540 E 78th St
- 2704 E 77th St Unit 2
- 7751 S Saginaw Ave Unit 3
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