Chicago Multifamily Value-Add
7839 S Kingston Avenue, Chicago, IL 60649
New
- Added:
- May 21, 2026
- Days on Market:
- 1
- Last Refresh:
- May 21 at 6:06 pm
Property Features for 7839 S Kingston Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- MULTI
- Bedrooms
- 27
- Bathrooms
- 17
- Rooms
- Bathroom 7, Bathroom 4, Bedroom 25, Bedroom 5, Bedroom 4, Bedroom 9, Bedroom 1, Bedroom 19, Bedroom 3, Bedroom 8, Bedroom 21, Bedroom 10, Bathroom 14, Bedroom 2, Bathroom 3, Bedroom 18, Bathroom 10, Bedroom 20, Bathroom 11, Bedroom 17, Bathroom 6, Bedroom 15, Bedroom 23, Bathroom 2, Bathroom 13, Bedroom 24, Basement, Bathroom 12, Bedroom 16, Bathroom 9, Bathroom 15, Bathroom 17, Bedroom 6, Bedroom 22, Bedroom 13, Bedroom 26, Bedroom 12, Bathroom 8, Bedroom 14, Bedroom 7, Bathroom 1, Bedroom 27, Bedroom 11, Bathroom 5, Bathroom 16
- Basement
- Unfinished
- Standard status
- Active
- APN
- 21303280080000
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 20637
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 1929
- Floors in Building
- 3
- Number of units
- 12
- Building materials
- Brick
Listing agent Tommy Choi License #471004140 (312) 216-2422
Listing office Keller Williams ONEChicago 2211 N Elston Ave STE 400, Chicago, IL (312) 216-2422
Listing date May 21, 2026
MLS# 12655074
Listing URL
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Immediate value‑add opportunity through renovation of remaining units and leveraging market rent appreciation.
- Potential to convert 2‑bedroom units into 3‑bedroom units for increased rental income.
- Cash flow from day one with over half of the apartments already remodeled.
- Desirable unit mix: 12‑unit property with (8) 2‑bedroom/1‑bath and (4) 3‑bedroom/1‑bath units.
- Convenient location near public transportation (including Metra), Lake Michigan, grocery stores, and shops.
- Two brick buildings with rear parking.
Overview
This multifamily property presents a value-add investment opportunity in Chicago's South Shore neighborhood. The property consists of two 6-unit brick buildings, totaling 12 units. The unit mix includes eight 2-bedroom, 1-bath units and four 3-bedroom, 1-bath units. Each unit features a large, bright living room, two or three full bedrooms, a dining or family room, and a separate kitchen with a pantry leading to an enclosed back porch. The buildings have center entrances at the front and back, with parking located at the rear. Over half of the apartments have been completely remodeled to achieve higher market rents. The new owner has the opportunity to complete the rehabilitation of additional units and capitalize on market rent appreciation, or convert the remaining 2-bedroom units into 3-bedroom units. The property is located a short distance from public transportation, including the Metra, and Lake Michigan, and is surrounded by grocery stores and shops. This multifamily opportunity offers immediate value-add potential upon acquisition. The lot size is 0.17 acres.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.562259
- Latitude
- 41.752425
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 12-unit property in South Shore neighborhood with value-add potential.
Where is this apartment building located?
The property is located at 7839 S Kingston Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,099,000.
What are key features of this property?
This property features: Immediate value‑add opportunity through renovation of remaining units and leveraging market rent appreciation.; Potential to convert 2‑bedroom units into 3‑bedroom units for increased rental income.; Cash flow from day one with over half of the apartments already remodeled.
