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Turnkey 31-Unit Apartment Building
For Sale
Contact for pricing

7419 S Kimbark Avenue, Chicago, IL 60619

A fully occupied 31-unit building offering studio, one-bedroom, and two-bedroom apartment units.

Property SizeContact for details
Days on Market121

Property Features for 7419 S Kimbark Avenue

General Information

Standard status Active
Property subtype Multifamily
Occupancy 100%

Additional Details

Business Included Yes
Multifamily Units 31

Building Details

Tenancy Multi
Listing Agency: @properties Commercial Chicago
Listed By: Kevin Rocio · License #IL475.128895
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 21 at 12:25AM

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 @properties Commercial Chicago

Investment Insights

Based on property information with market context.

Kimbark Square is a 31-unit apartment building offered for sale with 100% occupancy. The property includes six studio units, nineteen one-bedroom units, and six two-bedroom units. Tenant-paid utilities are individually controlled, and the building has an on-site coin-operated laundry facility. The property is described as a well-lit, gated premises.

The address is 7419 S Kimbark Avenue in Chicago, IL 60619, located on the border of Grand Crossing and South Shore neighborhoods on the South Side.

This multifamily asset is presented as a turnkey operation for investors seeking a ready-to-rent residential income property with a mix of unit types and on-site laundry.

Key Highlights

  • 100% occupied 31‑unit apartment building at 7415‑23 S Kimbark Avenue
  • Unit mix includes 6 studio, 19 one‑bedroom, and 6 two‑bedroom apartments
  • Individually controlled and paid utilities for tenants

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Dental Office Kitchen & Bath Showroom Building Supply Gym & Fitness Center Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

31
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,136
Businesses Nearby

Demographics for 60619, IL

63,303
Population
33,547
Households
1.9
Avg Household Size
43
Median Age
27%
College-Educated
90%
High-School Grad
6.1 sq mi
ZIP Area
10,378
Density / Sq Mi
$43,403
Median Household Income
$35,672
Median Earnings
$1,054
Median Rent
$213,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - A fully occupied 31-unit building offering studio, one-bedroom, and two-bedroom apartment units.
Where is this apartment building located?
The property is located at 7419 S Kimbark Avenue Chicago, IL.
What are key features of this property?
This property features: 100% occupied 31‑unit apartment building at 7415‑23 S Kimbark Avenue; Unit mix includes 6 studio, 19 one‑bedroom, and 6 two‑bedroom apartments; Individually controlled and paid utilities for tenants
(312) 972-4381 Call to check price and availability
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