7718 Kingston Avenue, Chicago, IL 60649

Welcome to this property located in Chicago, IL. featuring 9 bedrooms, 6 bathrooms. Built in 1925. this home is offered at $320,000.

*****OPPORTUNITY IS KNOCKING***** A Solid brick three-unit multifamily offering exceptional space, strong fundamentals, and significant value-add potential. Each unit features a highly desirable 3-bedroom, 2-bathroom layout with approximately 1,800 square feet of living space per unit-an uncommon find in today’s multifamily market. Units offer separate living and dining rooms, hardwood floors throughout, and classic radiator heating. Solid brick construction provides durability, lower long-term maintenance and timeless curb appeal! These oversized layouts offer flexibility for modern renovations while maintaining the character and proportions that appeal to both long-term tenants and owner-occupants. The partially finished basement includes an existing bathroom and kitchen area, presenting a potential opportunity to create a fourth unit, in-law suite or additional living space (buyer to verify zoning and permits). This feature offers substantial upside for investors seeking to increase rental income and overall property value. Additional highlights include a separate brick three-car garage, a highly desirable amenity that can generate additional income or enhance tenant retention. This property is in need of updating, providing the ideal opportunity for buyers to customize finishes, modernize kitchens and baths, and maximize returns through strategic improvements. This property is well-suited for investors, rehabbers, or owner-occupants looking to live in one unit while generating income from the others. STRONG bones, GENEROUS unit sizes, and EXPANSION POTENTIAL make this a compelling multifamily opportunity. This property is being conveyed, AS-IS/WHERE-IS. Seller will make no repairs.

Climate control includes natural gas, radiant heating. A partially finished, full, walk-out access basement provides additional space.

The property sits on a 37 x 124 lot. with 3 parking spaces (yes, detached, garage). The home has tar/gravel roofing.

Utilities include lake michigan, public water and public sewer sewer.

Located in Cook County.

Annual property taxes are $5,577 (as of 2024).