$320,000

7718 S Kingston Avenue, Chicago, IL 60649

  • 9 beds |
  • 6 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1925
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon 3 car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 3 days ago

Property Description

*****OPPORTUNITY IS KNOCKING***** A Solid brick three-unit multifamily offering exceptional space, strong fundamentals, and significant value-add potential. Each unit features a highly desirable 3-bedroom, 2-bathroom layout with approximately 1,800 square feet of living space per unit-an uncommon find in today's multifamily market. Units offer separate living and dining rooms, hardwood floors throughout, and classic radiator heating. Solid brick construction provides durability, lower long-term maintenance and timeless curb appeal! These oversized layouts offer flexibility for modern renovations while maintaining the character and proportions that appeal to both long-term tenants and owner-occupants. The partially finished basement includes an existing bathroom and kitchen area, presenting a potential opportunity to create a fourth unit, in-law suite or additional living space (buyer to verify zoning and permits). This feature offers substantial upside for investors seeking to increase rental income and overall property value. Additional highlights include a separate brick three-car garage, a highly desirable amenity that can generate additional income or enhance tenant retention. This property is in need of updating, providing the ideal opportunity for buyers to customize finishes, modernize kitchens and baths, and maximize returns through strategic improvements. This property is well-suited for investors, rehabbers, or owner-occupants looking to live in one unit while generating income from the others. STRONG bones, GENEROUS unit sizes, and EXPANSION POTENTIAL make this a compelling multifamily opportunity. This property is being conveyed, AS-IS/WHERE-IS. Seller will make no repairs.

Listing Status:
Active
Data Last Updated:
February 14, 2026 at 3:19AM
Listing Office:
Baird & Warner : 708-460-1400
Listing Agent:
Lori Spruiell : 708-724-4498
MLS ID:
12558725
  • Basement: Partially FinishedFullWalk-Out Access
  • Heating: Natural GasRadiant
  • Parking: YesDetachedGarageParking spaces: 3
  • Roofing: Tar/Gravel
  • Originating MLS: mred
  • School District: 299
  • County: Cook
  • Zoning: MULTI21303200190000
  • Water: Lake MichiganPublic
  • Sewer: Public Sewer
  • Source: mred
  • Ownership: Fee Simple

This listing courtesy of Lori Spruiell , Baird & Warner

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Bradwell Communications Arts and Sciences Elementary School

7736 S Burnham Ave, Chicago, IL, 60649

Grades KG-8

0.29 miles away

B

Bradwell Communications Arts and Sciences Elementary School

7736 S Burnham Ave, Chicago, IL, 60649

Grades KG-8

0.29 miles away

E

Excel Academy - Woodlawn High School

7530 S South Shore Dr, Chicago, IL, 60649

Grades 9-12

0.46 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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