18-Unit Multifamily
7342 S Kingston Ave Chicago, IL 60649
For Sale
Contact for pricing
Pending
Apartment building with 18 units, including in-unit natural light, hardwood floors, and a renovated infrastructure package.
Property Size13,095 SF
Days on Market337
Property Features for 7342 S Kingston Ave
General Information
- Standard status
- Pending
- Size
- 13,095 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1922
Listing Agency:
Kiser Group
(773) 293-5032
Listed By:
Noah Birk · License #IL 475.125864
Source:
Crexi
Added: Aug 22, 2025
Changed: Jul 22
Last Checked: Jul 24 at 6:45PM
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 Kiser Group
Investment Insights
Based on property information with market context.
This residential income property offers 18 units total, currently configured as fifteen 2Bd/1Ba apartments and three 1Bd/1Ba apartments. Units are described as having spacious layouts with hardwood floors and abundant natural light. The building has undergone extensive renovations, including a new roof, a boiler with an R&D control system, an on-site laundry facility, and a range of cosmetic updates.
The property is located in Chicago’s South Shore neighborhood and is described as being just blocks from Lake Michigan and Rainbow Beach Park. It is also positioned near Lake Shore Drive for convenient access to downtown.
The existing unit mix and documented renovation scope support a straightforward multifamily hold, with the offering materials citing current performance metrics including an in-place cap rate and cash return.
The property is located in Chicago’s South Shore neighborhood and is described as being just blocks from Lake Michigan and Rainbow Beach Park. It is also positioned near Lake Shore Drive for convenient access to downtown.
The existing unit mix and documented renovation scope support a straightforward multifamily hold, with the offering materials citing current performance metrics including an in-place cap rate and cash return.
Key Highlights
- 18‑unit multifamily building built in 1922 in Chicago’s South Shore neighborhood
- Unit mix includes fifteen (15) 2Bd/1Ba and three (3) 1Bd/1Ba units
- Renovations include a new roof, boiler with R&D control system, and an on‑site laundry facility
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Apartment building with 18 units, including in-unit natural light, hardwood floors, and a renovated infrastructure package.
Where is this apartment building located?
The property is located at 7342 S Kingston Ave Chicago, IL.
What are key features of this property?
This property features: 18‑unit multifamily building built in 1922 in Chicago’s South Shore neighborhood; Unit mix includes fifteen (15) 2Bd/1Ba and three (3) 1Bd/1Ba units; Renovations include a new roof, boiler with R&D control system, and an on‑site laundry facility
