7420 S Kingston Avenue, Chicago, IL 60649 - Photo 1

1/1

$376,000

Sold
Closed
Multi-Family
6 Total Beds
1 Car Garage

1/1

Property Description

Start making money on day #1! Welcome to a prime opportunity in historic South Shore with this beautifully rehabbed 2-unit building with driveway and 1-car garage. Completely transformed in 2021, the quality of the rehab and attention to detail truly set this property apart. Upgrades include new windows, upgraded plumbing, electrical, HVAC, cabinetry, refinished hardwood floors, tuck-pointing, privacy fence, iron gate, and more. Ideal for investors or owner-occupants, this turnkey property is cash-positive and poised for value growth. Each unit offers a smart, functional layout: the first unit features 3 spacious bedrooms plus a den/walk-in closet (with the third bedroom currently opened up as a formal dining room), a formal living room, and 1 bathroom. The second unit includes 3 large bedrooms, a den/walk-in closet, formal living room, and 1 bathroom. Individual utilities for each unit provide added convenience and lower overhead for landlords. Located in a highly convenient area near multiple public transit options, Lake Shore Drive, shopping centers, beaches, and outdoor recreation. The Obama Presidential Library under construction nearby promises to further enhance property values for years to come. Priced at 9.4 GRM rate at list price!

Full Property Details

Full Property Details for 7420 S Kingston Ave

General

Sold For: $376,000
Taxes: $2,473 (2023)
Status: Closed
Type: Multi-Family
Source: MRED
MLS ID: 12322727
Added to Site: 335 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 2

Bedrooms

Total Bedrooms: 6

Additional Information

Equipment: Carbon Monoxide Detectors, Ceiling Fan(s), Multiple Water Heaters

Exterior

Exterior Features: Other

Parking

Garage: Yes
Garage Spaces: 1
Total Spaces: 1
Parking Features: On Site, Garage Owned, Detached, Garage
Parking On-Site: Yes

Location

Area: CHI - South Shore
County: Cook
Driving Directions: Stoney Island to E 75th St Left onto Kingston to Property

School Information

School District: 299
Midd School District: 299

Heating & Cooling

Heating Type: Natural Gas

Utilities

Water: Lake Michigan

Structural Information

Architectural Style: Brownstone
Construction: Brick
Exterior Const.: Brick
Basement Desc.: Unfinished, Full
Roof: Asphalt
Year Built: 1923
Built Before 1978: Yes
Remodeled/Updated: 2021

Unit Information

Units in Building: 2

Lot Features

Lot Size (Acres): 0.08
Lot Size Range: Less than .25 Acre
Lot Dimensions: 25 x 125
Zoning: MULTI

Financial Considerations

Parking Included: Yes
Assessment Year: 1923
Tax Amount: $2,473.92
Tax Year: 2023

Disclosures and Reports

Ownership: Fee Simple
Property ID: 21301160220000

Listed by Compass
Sold by Fathom Realty IL

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Schools

Schools serving 7420 S Kingston Ave

School District:Chicago Public School District 299

Name	Grades	Distance
Powell Elementary Paideia Community Academy 7511 South South Shore Drive, Chicago, IL 60649	K-8	0.4 mi
Chicago Vocational Career Academy High School 2100 East 87th Street, Chicago, IL 60617	9-11	1.6 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 7420 S Kingston Ave

Date

Details

Price

Change

Source

5/30/2025

Sold

$376,000

0.29%

MLS

3/27/2025

Listed

$374,900

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Multi-Family
Active
Updated 27 minutes ago

5
Total Beds

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Just Listed

$519,000

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Multi-Family
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8
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Just Listed

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4
Beds
2
Total Baths
1,500
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Open House

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Active
Updated 17 hours ago

5
Beds
2
Total Baths
1,066
Sq. Ft.

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Price Reduced

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$424,900

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Updated 9 hours ago

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3
Beds
1
Total Bath
1,110
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$329,900

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Updated 20 hours ago

3
Beds
3
Total Baths
1,775
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Price Reduced

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Active
Updated 1 day ago

3
Beds
2
Total Baths
1,603
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Listed by Natalie Carpenter (773) 430-4869

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Sold

$355,000

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Multi-Family
Closed

6
Total Beds

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Sold

$422,000

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3
Beds
3
Total Baths
2,800
Sq. Ft.

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Sold

$399,900

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Single Family
Closed

3
Beds
3
Total Baths
2,800
Sq. Ft.

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Sold

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Single Family
Closed

4
Beds
2
Total Baths
2,200
Sq. Ft.

7420 S Kingston Avenue, Chicago, IL 60649 (MLS# 12322727) is a Multi-Family property that was sold at $376,000 on May 30, 2025. Want to learn more about 7420 S Kingston Avenue? Do you have questions about finding other Multi-Family real estate for sale in South Shore? You can browse all South Shore real estate or contact a Coldwell Banker agent to request more information.

7420 S Kingston Ave Chicago, IL 60649