7831 South Kingston Avenue Chicago, IL 60649

This is a 12-unit multifamily portfolio featuring two adjacent 6-unit brick walk-up buildings. The buildings are located on tree-lined residential blocks in Chicago’s South Shore neighborhood, minutes from Lake Michigan. The portfolio consists of 12 units, including 4 three-bedroom, one-bathroom units averaging $1,463 per month and 8 two-bedroom, one-bathroom units averaging $1,278 per month. The buildings are well maintained and feature a classic Chicago brick exterior, individual unit utilities, and spacious floorplans with hardwood floors, formal dining rooms, and abundant natural light. The properties have a current average rent of $1.82 per square foot, generating a net operating income of $94,318 and a gross rent multiplier of 7.08. The properties are professionally managed and have benefited from consistent occupancy. The Kingston Avenue Portfolio is positioned within one of the city’s most active corridors for reinvestment and redevelopment. The neighborhood offers convenient access to Lake Michigan, Rainbow Beach Park, the South Shore Cultural Center, and the Jackson Park Highlands Historic District. The properties are less than 10 minutes from the future Obama Presidential Center, which is expected to serve as a major economic catalyst for the South Side, creating thousands of jobs and attracting new residents and retail investment to the surrounding area. Nearby public transportation options include the Metra Electric Line and multiple CTA bus routes, providing direct access to Downtown Chicago. This location benefits from proximity to major institutions such as the University of Chicago, Jackson Park Hospital, and South Shore Hospital, further supporting tenant demand and long-term rental stability.