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7-Unit Brick Apartment Building
New
For Sale
$495,000

7932 S Kingston Avenue, Chicago, IL 60617

Commercial Sale, Chicago, IL

Property SizeContact for details
Lot Size0.13 Acres
Days on Market6

Property Features for 7932 S Kingston Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 16
Bathrooms 7
Full bathrooms 7
Rooms Bedroom 10, Bathroom 3, Bedroom 2, Bedroom 15, Bedroom 1, Bedroom 16, Bedroom 9, Bedroom 3, Bathroom 2, Bedroom 6, Bathroom 4, Bedroom 14, Bedroom 5, Bathroom 5, Bedroom 12, Bathroom 1, Bathroom 6, Bathroom 7, Bedroom 7, Bedroom 4, Bedroom 13, Bedroom 8, Bedroom 11
Directions East or West on 79th to Kingston. South Kingston to 7932.
Subdivision CHI - South Chicago
Standard status Active
APN 21311020210000
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 12195

Building Details

Year built 1926
Floors in Building 3
Number of units 8
Building materials Brick
Listing Agency: Better Homes & Gardens Real Estate · Better Homes and Gardens Real Estate
Listed By: Frank Montro · License #475128449
Added: Oct 1 Changed: Oct 5 Last Checked: Oct 6 at 8:06AM
MLS# 12769898

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.

Investment Insights

Based on property information with market context.

Built in 1926, this brick apartment property contains seven units: three with three bedrooms and 1.5 bathrooms, three with two bedrooms and one bathroom, and a garden-level unit with one bedroom and one bathroom. Six apartments are occupied, while the garden unit is vacant. Each unit has a separate furnace and hot water tank.

Two brick garages at the rear provide parking for up to four vehicles. The building sits on a 45-by-125-foot lot and is enclosed by a wrought-iron fence.

Key Highlights

  • Seven apartments: three 3‑bedroom/1.5‑bath units, three 2‑bedroom/1‑bath units, and one 1‑bedroom/1‑bath garden unit
  • Six of seven units occupied; garden unit vacant
  • Separate furnace and hot water tank in each apartment

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Dental Office Building Supply Real Estate Agency Skin Care Clinic (Bike/Boat/Book/etc) 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

7
Residential units
85.7%
Occupancy

Location Intelligence

Trade Area within ½ mile

921
Businesses Nearby

Demographics for 60617, IL

77,270
Population
35,031
Households
2.2
Avg Household Size
39
Median Age
20%
College-Educated
82%
High-School Grad
13.7 sq mi
ZIP Area
5,640
Density / Sq Mi
$51,237
Median Household Income
$36,926
Median Earnings
$1,010
Median Rent
$168,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - The property includes a mix of apartment layouts, individual heating and hot water equipment, and garages for resident parking.
Where is this apartment building located?
The property is located at 7932 S Kingston Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Seven apartments: three 3‑bedroom/1.5‑bath units, three 2‑bedroom/1‑bath units, and one 1‑bedroom/1‑bath garden unit; Six of seven units occupied; garden unit vacant; Separate furnace and hot water tank in each apartment
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