8131 South Kingston, Chicago IL 60617
$549,000

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Property Description

Beautifully maintained vintage 7-unit building on a nice tree lined street. All the charming details are there - excellent woodwork, nice fireplaces, and stained glass. The units are spacious with separate dining rooms and generous living rooms. The 8100 block is a pleasant mix of single family homes and small apartment buildings. The building is in good shape, with a new boiler in the basement. 8th unit possible on the north side of the garden level. Lots of long term tenants. Broker Owned. As is 9.9 Cap Rate, Pro Forma 12.6.

Features & Information

Key Details

  • List Price $549,000
  • Property Taxes $3,280
  • Price/ Sq. Ft. Unavailable
  • Year Built 1927
  • Status Price Change

Building Information

  • Age of Building Older
  • Exterior Construction Brick
  • Heating & Cooling Central Bldg Heat, Gas, Radiators, Steam

Location

  • County Cook
  • Directions to Property East On 79th, South On Kingston
  • Property Taxes

  • Tax 3280
  • Parcel Identification Number 21311190100000

Listed by Derek Walvoord for Exit Strategy Realty / EMA Management | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 2/23/2025 11:32 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 Chicago

In a community that once buzzed with the heavy production of US Steel (one of the country's major steel manufacturers), South Chicago is a neighborhood rich in history centered about industry and organized labor. Today, these former industrial areas near Lake Michigan are some of the last few fleeting frontiers for development in the city. Acres of land along South Chicago's lakefront have not yet been built up — begging the interest of commercial and residential developers who continue to push south in search of prime real estate property. The neighborhood is bordered to the west by the Chicago Skyway, providing the region with good transportation. Both public schools and private academies dot the area, affording families their choice of scholastic options.

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