South Shore Courtyard Apartment
For Sale
Contact for pricing
7601 S Kingston Ave, Chicago, IL 60649
Fully renovated South Shore apartments with strong cash flow potential.
Property Size18,700 SF
Price / SF$106.15
Days on Market125
Property Features for 7601 S Kingston Ave
General Information
Standard status
Active
Size
18,700 SF
Class
C
Property subtype
Multifamily
Occupancy
91%
Investment Type
Stabilized
Net Operating Income
$194,757
Building Details
Year Built
1924
Buildings
1
Units
34
Tenancy
Multi
Listing Agency:
Real Realty Inc.
Listed By:
James Clough · License #IL - 475.147791
Source:
Crexi
Added: Apr 27
Changed: Aug 28
Last Checked: Aug 24 at 4:06PM
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 Real Realty Inc.
Investment Insights
Based on property information with market context.
This large corner courtyard building is located in Chicago's South Shore neighborhood. The property features a unit mix consisting of 12 studios, 13 one-bedroom units, and 9 two-bedroom units. These units have been fully renovated and are achieving market rents. The current management has increased occupancy by 25% and addressed deferred maintenance. The property is situated within walking distance of the Windsor Park Metra Station and CTA buses. Nearby attractions include the South Shore Cultural Center and the lakefront. The building size is 18,700 square feet.
Key Highlights
- Fully renovated units achieving top‑of‑market rents.
- Desirable unit mix: studios, one‑bedroom, and two‑bedroom units.
- Significant occupancy increase (25%) by current management.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,155
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 - Fully renovated South Shore apartments with strong cash flow potential.
Where is this apartment building located?
The property is located at 7601 S Kingston Ave Chicago, IL.
What is the asking price?
The asking price for this property is $1,985,000.
What are key features of this property?
This property features: Fully renovated units achieving top‑of‑market rents.; Desirable unit mix: studios, one‑bedroom, and two‑bedroom units.; Significant occupancy increase (25%) by current management.
