7420 South Kingston, Chicago IL 60649
$374,900

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Property Description

Start making money on day #1! Welcome to a prime opportunity in historic South Shore with this beautifully rehabbed 2-unit building with 1-car garage. Completely transformed in 2021, the quality of the rehab and attention to detail truly set this property apart. Upgrades include new windows, upgraded plumbing, electrical, HVAC, cabinetry, refinished hardwood floors, tuck-pointing, privacy fence, iron gate, and more. Ideal for investors or owner-occupants, this turnkey property is cash-positive and poised for value growth. The property features a smart layout: one unit offers 2 spacious bedrooms + den/walk-in-closet (easily convertible to a 3 bed + den/WIC), formal living and dining rooms, and 1 bathroom. The second unit boasts 3 large bedrooms + den/WIC, a formal living room, and 1 bathroom. Individual utilities provide added convenience for both tenants and landlords. Located in a highly convenient area near multiple public transit options, Lake Shore Drive, shopping centers, beaches, and outdoor recreation. The Obama Presidential Library under construction nearby promises to further enhance property values for years to come. Priced at 9.4 GRM rate at list price!

Features & Information

Key Details

  • List Price $374,900
  • Property Taxes $2,473.92
  • Price/ Sq. Ft. Unavailable
  • Year Built 1923
  • Parking Type Garage
  • Status New

Rooms

  • Total Rooms 8
  • Basement F

Exterior Features

  • Parking

  • Parking Details Garage
  • # of Cars:  1

Building Information

  • Number of Units 2
  • Age of Building 100+ Years
  • Exterior Construction Brick
  • Heating & Cooling Gas
  • Units

  • Unit 1 Stove, Refrigerator, Dishwasher, Microwave, Central Air Conditioner, Hardwood Floors, Walk-In Closet
  • Unit 2 Stove, Refrigerator, Dishwasher, Microwave, Central Air Conditioner, Fireplace-Artificial, Hardwood Floors, Walk-In Closet

Location

  • County Cook
  • Township Hyde Park
  • Corporate Limits Chicago
  • Directions to Property Stoney Island To E 75th St Left Onto Kingston To Property
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District: 299
  • Property Taxes

  • Tax 2473.92
  • Tax Year 2023
  • Tax Exemptions Homeowner
  • Parcel Identification Number 21301160220000

Utilities

  • Sewer Sewer-Publ

Listed by Jonathan Fox for Compass | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 2/22/2025 1:02 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.

Explore South Shore

Historic parks and extensive beaches meet down-to-earth, affordable living in this beautiful south side Chicago neighborhood. South Shore is a sprawling community that encompasses expansive public recreation space and ambitious civic organizations. The neighborhood cultural center acts as a hub for outdoor amusement with lengthy walking trails, a bird sanctuary, all-ages sports programs, and waterfront grounds that offer breathtaking views of downtown Chicago. When night falls in the summer, movies and live music take place at the center, bringing neighbors and families together. A healthy retail corridor along 71st Street gives the area a cosmopolitan touch and the selection of down-home cooking available at the restaurants in South Shore is enough to satisfy any comfort food craving.  

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