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South Shore Multifamily Investment Opportunity

7839 S Kingston Avenue Chicago, IL 60649

7839 S Kingston Avenue, Chicago, IL, 60649
$1,099,000
For Sale
$1,099,000

MULTI_FAMILY - Chicago, IL

Lot Size0.17 Acres
Days on Market63

Property Features for 7839 S Kingston Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
MULTI
Bedrooms
27
Bathrooms
17
Rooms
Bedroom 4, Bathroom 2, Bedroom 14, Bedroom 5, Bedroom 11, Bedroom 24, Bathroom 17, Bedroom 19, Bathroom 7, Bedroom 9, Bathroom 11, Basement, Bedroom 20, Bathroom 6, Bedroom 27, Bedroom 7, Bedroom 15, Bathroom 4, Bathroom 10, Bathroom 8, Bedroom 17, Bedroom 10, Bedroom 8, Bedroom 26, Bedroom 6, Bedroom 3, Bedroom 12, Bedroom 21, Bathroom 3, Bedroom 18, Bathroom 16, Bedroom 16, Bedroom 1, Bathroom 14, Bathroom 15, Bedroom 25, Bedroom 23, Bedroom 2, Bathroom 12, Bedroom 22, Bathroom 13, Bathroom 1, Bathroom 5, Bathroom 9, Bedroom 13
Basement
Unfinished
Standard status
Active
APN
21303280080000
Lot size
0.17 Acres

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
20637

Utilities

Cooling system
Central Air

Building Details

Year built
1929
Floors in Building
3
Number of units
12
Building materials
Brick
Listing agency Keller Williams ONEChicago
Listed by Tommy Choi · License #471004140
Added: May 21 Updated: Jul 13 at 5:35PM Checked: Jul 22 at 7:06PM
MLS# 12655074

Copyright © 2026 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.


Investment Insights

Based on property information with market context.

This multifamily property in Chicago's South Shore neighborhood presents a value-add investment opportunity. The property consists of two 6-unit brick buildings featuring center entrances at the front and back, along with rear parking. The unit mix includes nine 2-bedroom, 1-bath units and three 3-bedroom, 1-bath units. Each apartment features a large, bright living room, two or three full bedrooms, a dining or family room, and a separate kitchen with a pantry leading to an enclosed back porch. Over half of the apartments have been completely remodeled to achieve higher market rents. The new owner has the opportunity to complete the rehabilitation of additional units and capitalize on market rent appreciation, or easily convert the remaining 2-bedroom units into 3-bedroom units. The 0.17-acre property offers immediate cash flow potential and the opportunity to improve overall performance through leasing and management. The property is conveniently located near public transportation, including the Metra, and is close to Lake Michigan, grocery stores, and shops.

Key Highlights

  • 12‑unit multifamily property in the South Shore neighborhood
  • Two 6‑unit brick buildings with center entrances and rear parking
  • Unit mix: (9) 2 bed/1 bath units and (3) 3 bed/1 bath units

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Dental Office Real Estate Agency Building Supply Skin Care Clinic (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Locksmith Gym & Fitness Center Home Appliance Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Value-add 12-unit property near Lake Michigan and public transportation.
Where is this apartment building located?
The property is located at 7839 S Kingston Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,099,000.
What are key features of this property?
This property features: 12‑unit multifamily property in the South Shore neighborhood; Two 6‑unit brick buildings with center entrances and rear parking; Unit mix: (9) 2 bed/1 bath units and (3) 3 bed/1 bath units
Contact an agent
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