7601 S. Kingston Ave
- Prominent corner lot with excellent street visibility
- Excellent Unit Mix - Studios, One beds and Two beds
- Strong property management in-place
Property Description
Real Realty is pleased to exclusively present this large corner courtyard building located in the heart of Chicago's South Shore neighborhood. This attractive investment opportunity features a desirable unit mix consisting of 12 studios, 13 one bedroom units, and 9 spacious two bedroom units. These fully renovated units are achieving top of the market rents on the block. There is a third party managment in place. With the strong demand for affordable housing in the area, investors can experience steady cash flow for years to come. Ideally situated within walking distance to Windsor Park Metra Station and CTA buses, this property enhances tenant convenience and appeal. Nearby attractions include Rainbow Beach, the South Shore Cultural Center, the new The Obama Presidential Center, and the picturesque Lakefront.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,985,000 |
| No. of Units: | 34 |
| Year Built: | 1924 |
| Lot Size: | 0.34 Acres |
| Opportunity Zone: | No |
| Price per unit: | $58,382 |
| Property Website | Click Here |
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