Six-Unit Apartment
For Sale
Contact for pricing
7731 S Kingston Ave, Chicago, IL 60649
Six 4-bedroom, 1.5-bath units with in-unit gas-forced heat, common hot water, basement storage, and gated rear parking.
Property SizeContact for details
Days on Market148
Property Features for 7731 S Kingston Ave
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Cap Rate
10.9%
Fenced Yard
Yes
Multifamily Units
6
Amenities
in-unit gas-forced heat
common hot water
basement storage areas
gated rear parking
Building Details
Tenancy
Multi
Listing Agency:
33 Realty LLC
Listed By:
Gene Hart · License #IL 475.149185
(219) 465-8584
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 23 at 1:15PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of 33 Realty LLC
Investment Insights
Based on property information with market context.
This six-unit apartment building offers six (6) units configured as 4-bedrooms with 1.5-baths each. The property also includes two ground-level basement storage areas and gated rear parking. Heating is provided via individual in-unit gas-forced systems, with common hot water serving the building.
The asset is located at 7731 S Kingston Avenue in Chicago’s South Shore neighborhood. The offering is presented for sale as an investment multifamily property, with the seller citing an in-place CAP rate of 10.9% and a prospective 11.9% CAP rate upon rental stabilization.
Unit and utility arrangements are set up to support independent heating at the unit level, while the building maintains shared hot water service. On-site storage and controlled rear parking round out the property’s day-to-day convenience.
The asset is located at 7731 S Kingston Avenue in Chicago’s South Shore neighborhood. The offering is presented for sale as an investment multifamily property, with the seller citing an in-place CAP rate of 10.9% and a prospective 11.9% CAP rate upon rental stabilization.
Unit and utility arrangements are set up to support independent heating at the unit level, while the building maintains shared hot water service. On-site storage and controlled rear parking round out the property’s day-to-day convenience.
Key Highlights
- Six‑unit apartment building in Chicago’s South Shore neighborhood
- All units feature 4 bedrooms and 1.5 bathrooms
- Individual in‑unit gas‑forced heat plus common hot water
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Multi-tenant
Tenancy
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
919
Businesses Nearby
Explore this area
Business Placement
Demographics for 60649, IL
48,171
Population
28,249
Households
1.7
Avg Household Size
39
Median Age
25%
College-Educated
89%
High-School Grad
3.6 sq mi
ZIP Area
13,381
Density / Sq Mi
$40,142
Median Household Income
$36,474
Median Earnings
$1,066
Median Rent
$199,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Six 4-bedroom, 1.5-bath units with in-unit gas-forced heat, common hot water, basement storage, and gated rear parking.
Where is this apartment building located?
The property is located at 7731 S Kingston Ave Chicago, IL.
What are key features of this property?
This property features: Six‑unit apartment building in Chicago’s South Shore neighborhood; All units feature 4 bedrooms and 1.5 bathrooms; Individual in‑unit gas‑forced heat plus common hot water
