ClosedPrice Reduced

$320,900

$349,999
7326 Kingston Avenue, Chicago, IL 60649
6 Beds3 Baths242 days
7326 Kingston Avenue·Chicago, IL 60649
6Bedrooms
3Bathrooms
1926Year Built
About This Home

Step inside, you've just lucked up on a gold mine. This gigantic south shore 3 unit multi family property is the ideal armchair investment. Located in one of the city's fastest appreciating neighborhoods, this all brick property is exactly what any savvy investor, or owner occupant needs in their arsenal. Each unit features 2 large bedrooms with an additional room off of the primary making it ideal for a walk in closet, home office or den. Hardwood flooring runs throughout the units. The living room features a decorative fireplace making it the perfect place to hang a flat screen. The living room is filled with large windows allowing tons of natural light to fill the space. The units also feature a large dining room while the kitchens boasts stainless steel appliances, updated countertops, large pantries and butlers cabinets to store your fine china. Units 2 and 3 are running on their own separate furnaces.The bathrooms have been upgraded and retiled and have received new storage vanities and upgraded light fixtures. The first floor unit and common areas run off radiant heat, keeping heating costs low with the recently replaced boiler. The property has a unique feature of a side drive that leads directly to the all brick three car garage. The basement features high ceilings and tons of space. You have a common space that contains a coin-operated laundry machine to add to the landlord's income. All three units are currently tenant occupied and stabilized. A new landlord can walk in on day one collecting income while adding some sweat equity through minor property improvements. Located on a bright and airy block, steps away from a Chicago Fire Station and Chicago Public Library. Hop on the South Shore Metra line for a quick and easy commute to downtown Chicago or local suburbs. Plenty of shops and stores located conveniently nearby. South Shore High school is only minutes away which features the International Baccalaureate Program. I must not forget to mention the highly awaited Tiger Woods Golf Course and Historical South Shore Cultural Center. This area is rich in history and the architecture is unmatched, come and enjoy the lakefront in your own backyard by owning this one-of-a-kind investment property. PROPERTY IS ONLY SHOWN ON SUNDAYS 12:00.

MLS# 11420978Listed June 1, 2022Residential Income
Property Details

Beds & Baths

Total Bedrooms6
Total Bathrooms3
Total Rooms18

Size & Structure

Garage Spaces3
Year Built1926
Lot Size0.130 acres

Location

CountyCook
TownshipHyde Park
Zip Code60649

Financial

List Price$320,900
Original Price$349,999
Annual Taxes (2020)$3,872
Monthly Tax Est.$323
Parcel #21301100190000
Interior Features

Heating

Natural Gas

Basement

UnfinishedFull
Exterior & Lot

Construction

Brick
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake MichiganPublic

Parking

No GarageOn SiteGarage OwnedDetachedGarage
Tax & Financial
Annual Taxes
$3,872
Tax Year 2020
Monthly Tax Est.
$323
per month
Price Reduced by $29,099
Original list price: $349,999
Property Location

7326 Kingston Avenue, Chicago, IL 60649Cook County

$320,900
7326 Kingston Avenue
6 bd3 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
242 days on market
3-car garage
0.130 acres
$3,872/yr taxes
Price reduced $29,099
$2,009
estimated monthly payment
Principal & Interest
$1,686/mo
Property Tax
$323/mo
$320,900
20% — $64,180
3%50%
6.875%
3%12%
Loan Amount
$256,720
Down Payment
$64,180

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Coldwell Banker Realty
Agent: Melanie Miller
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