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. Investors will benefit from the current management that has just raised occupancy as well as fixing any deferred maintenance within the building. 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, Nearby attractions include the South Shore Cultural Center, and the picturesque Lakefront.

Based on information submitted to MRED as of September 26, 2026 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Name

Your Email Address

Phone

Message Send me the deed for 7601 South Kingston Avenue Chicago IL 60649 (ID#:12642708)

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Name

Your Email Address

Phone

Message Send me the survey or tax map for 7601 South Kingston Avenue Chicago IL 60649 (ID#:12642708)

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Name

Your Email Address

Phone

Message I would like more information for 7601 South Kingston Avenue Chicago IL 60649 (ID#:12642708)

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

More Info

Basic Information

List Price$1,985,000
MLS Number12642708
Mls Status Active
Property TypeCommercial Sale

Property

ZoningMULTI

Utilities

Heat VentilationGas, Radiators, Steam
Trash Expense $5,367
Water Sewer Expense $21,992

Other

Total Monthly Income$32,788
Date Listed05/08/2026
Gross Income $437,172
Gross Scheduled Income $393,455
Net Operating Income $194,757
Other Expense $6,800

Tax Information

Tax Annual Amount $32,467
Tax Year 2024

Location

AreaSouth Shore
Building Number7601
CountyCook
StateIL
StreetSouth Kingston Avenue
TownChicago
Zip60649

Amenities

Other AmenitiesLakefront

Parking

Parking Spaces

Basic Information

Property SubTypeMulti Family 5+

Building

Foundation Details Brick/Mortar
RoofMembrane
Stories3
Units34
Year Built1924

Property Information

Roof StructureFlat
Acreage0.34
Construction Materials ["Brick"]
Lot Size Dimensions 125 X 117
Square Feet18,700

Hi there! How can we help you?

Hi there! How can we help you?

Hi there! How can we help you?

Hi there! How can we help you?

Hi there! How can we help you?

Amo Chicago Condos