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$350,000
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Property Description
*****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.
Full Property Details
Full Property Details for 7718 S Kingston Ave
General
- Sold For: $350,000
- Taxes: $5,576 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12558725
- Added to Site: 56 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 6
Bedrooms
- Total Bedrooms: 9
Additional Information
- Other Features: School Bus Service, Interstate Access
Parking
- Garage: Yes
- Garage Spaces: 3
- Total Spaces: 3
- Parking Features: Yes, Detached, Garage
Location
- Area: CHI - South Shore
- County: Cook
- Driving Directions: Take South Chicago Ave to Yates Blvd. Turn onto E 77th st, then turn South onto Kingston Ave.
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas, Radiant
Utilities
- Water: Lake Michigan, Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Partially Finished, Full, Walk-Out Access
- Roof: Tar/Gravel
- Year Built: 1925
- Built Before 1978: Yes
Unit Information
- Units in Building: 3
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 37 x 124
- Zoning: MULTI
Financial Considerations
- Assessment Year: 1925
- Tax Amount: $5,576.68
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 21303200190000
Listed by Baird & Warner
Sold by Exit Strategy Realty
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Schools
Schools serving 7718 S Kingston Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Bradwell Community Arts & Sci Elementary School 7736 South Burnham Avenue, Chicago, IL 60649 | K-8 | 0.3 mi |
South Shore Intl Col Prep High School 1955 East 75th Street, Chicago, IL 60649 | 12- | 0.7 mi |
Chicago Vocational Career Academy High School 2100 East 87th Street, Chicago, IL 60617 | 9-11 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7718 S Kingston Ave
Date
Details
Price
Change
Source
3/30/2026
Sold
$350,000
9.38%
MLS
2/10/2026
Listed
$320,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7718 S Kingston Avenue, Chicago, IL 60649 (MLS# 12558725) is a Multi-Family property that was sold at $350,000 on March 30, 2026. Want to learn more about 7718 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.

