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For Sale

Kingston Suites

7601 S. Kingston Ave,
Chicago, IL 60649

Asset Snapshot

1924
Year Built
4
Floor Count
34 Units
Unit Count
0 SF
Average Unit Size
18,700 SF
Property Size

Offering Summary

Investment Overview

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.


Investment Highlights

  • Prominent corner lot with excellent street visibility
  • Excellent Unit Mix - Studios, One beds and Two beds
  • Strong property management in-place

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Listing Syndicated From

Buildout
For Sale
$1,985,000
Asking Price