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$125,000 Just Listed
Property Description
INVESTOR SPECIAL PRICED SELL!! Great opportunity to own a 2-unit building near 85th & Kingston in Chicago's South Shore neighborhood. The property offers a total of 5 bedrooms and 2 bathrooms and is ideal for investors, rehabbers, or buyers looking to complete a renovation project and build equity. The property is currently gutted and framed, providing a blank canvas for the next owner to finish the renovation to their own specifications. Rough electrical, plumbing, and HVAC have already been completed, allowing the next phase of construction to focus on drywall, finishes, and fixtures. Located in the South Shore area with strong rental demand, the property offers convenient access to Lake Shore Drive, public transportation, parks, schools, and neighborhood amenities. Property is being sold as-is. Excellent opportunity for investors looking to add value and maximize returns.
Full Property Details
Full Property Details for 8549 S Kingston Ave
General
- Price: $125,000
- Taxes: $1,055 (2023)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12660752
Interior
- Basement: None
Rooms
Bathrooms
- Total Bathrooms: 2
- Upper - Full Baths: 2
Bedrooms
- Total Bedrooms: 5
Additional Information
- Other Features: Commuter Bus
Location
- Area: CHI - South Chicago
- County: Cook
- Township: South Chicago
- Driving Directions: Take I-90/94 (Dan Ryan Expressway) South. Exit at 87th Street. Turn left (east) on 87th Street. Continue east to South Kingston Avenue. Turn left (north) on Kingston to 8549 S Kingston Avenue. Property will be on the right-hand side.
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 130
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement Desc.: None
- Year Built: 1913
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 3125
Financial Considerations
- Assessment Year: 1913
- Tax Amount: $1,055
- Tax Year: 2023
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: Standard
- Property ID: 21313190170000
Listed by TADD Realty
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Schools
Schools serving 8549 S Kingston Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Coles Elementary Language Academy 8441 South Yates Boulevard, Chicago, IL 60617 | K-8 | 0.2 mi |
Bowen High School 2710 East 89th Street, Chicago, IL 60617 | 9-11 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Tax History
Tax History for 8549 S Kingston Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,055
—
$10,400
108%
2023
$1,055
3%
$5,000
—
2022
$1,028
2%
$5,000
—
2021
$1,005
-43%
$5,000
-37%
2020
$1,770
-4%
$7,944
-13%
2019
$1,835
2%
$9,131
—
2018
$1,804
-37%
$9,131
-31%
2017
$2,868
7%
$13,324
—
2016
$2,669
9%
$13,324
—
2015
$2,442
43%
$13,324
45%
2014
$1,702
2%
$9,171
—
2013
$1,668
1%
$9,171
—
2012
$1,646
—
$9,171
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 8549 S Kingston Ave
8549 S Kingston Avenue, Chicago, IL 60617 (MLS# 12660752) is a Multi-Family property with 2 units containing 5 bedrooms and 0 full bathrooms. 8549 S Kingston Avenue is currently listed for $125,000 and was received on May 28, 2026. Want to learn more about 8549 S Kingston Avenue? Do you have questions about finding other Multi-Family real estate for sale in South Chicago? You can browse all South Chicago real estate or contact a Coldwell Banker agent to request more information.
