Multifamily
7719 South Kingston Avenue
7719 S Kingston Ave, Chicago, IL 60649
Listing Price: $625,000
Investment Overview
7719 S Kingston represents a rare opportunity to acquire a fully renovated, cash-flowing multifamily property in a high-demand Chicago neighborhood. With seven spacious two-bedroom units, recent capital improvements, and a strong in-place return, this investment offers both immediate stability and long-term growth potential. The combination of below-market rents and a prime location makes this an ideal acquisition for investors seeking high returns with minimal operational risk.
This is an excellent opportunity to secure a strong-performing asset in Chicago’s evolving South Shore market, benefiting from recently renovated units, a proven revenue stream, and significant upside potential.
MARKET OVERVIEW
Located in Chicago’s evolving South Shore neighborhood, 7719 S Kingston offers a prime investment opportunity in a high-demand rental market. The area attracts residents seeking affordable housing with easy access to downtown, major transit, and a growing commercial sector. Proximity to Lake Michigan, Jackson Park, Rainbow Beach, Hyde Park, and ongoing infrastructure improvements further drive rental demand.
South Shore’s strong employment base and connectivity to key job hubs make it a desirable location for renters. The neighborhood’s rising population, rich cultural history, and tight-knit community create a unique living experience that continues to draw long-term residents and investment interest.
7719 South Kingston Avenue
Investment Highlights
- EXTENSIVE RENOVATIONS COMPLETED: INCLUDING NEWER PORCHES, WINDOWS, COPPER PLUMBING, TUCKPOINTING, LINTEL REPAIRS, A NEW BOILER, AND A HOT WATER HEATER
- SPACIOUS UNITS – EACH TWO-BEDROOM UNIT SPANS ROUGHLY 1,200 SQUARE FEET, SIGNIFICANTLY LARGER THAN TYPICAL RENTALS IN THE MARKET
- IMMEDIATE STRONG CASH FLOW – 15% IN-PLACE CASH-ON-CASH RETURN, OFFERING INVESTORS A HIGH-YIELD OPPORTUNITY WITH STABLE INCOME FROM DAY ONE
- VALUE-ADD POTENTIAL – RENTS ARE CURRENTLY BELOW MARKET, PRESENTING AN OPPORTUNITY TO INCREASE REVENUE VIA RAISING RENTS TO MARKET
Exclusively Listed By
Listing Price: $625,000
Investment Highlights
- EXTENSIVE RENOVATIONS COMPLETED: INCLUDING NEWER PORCHES, WINDOWS, COPPER PLUMBING, TUCKPOINTING, LINTEL REPAIRS, A NEW BOILER, AND A HOT WATER HEATER
- SPACIOUS UNITS – EACH TWO-BEDROOM UNIT SPANS ROUGHLY 1,200 SQUARE FEET, SIGNIFICANTLY LARGER THAN TYPICAL RENTALS IN THE MARKET
- IMMEDIATE STRONG CASH FLOW – 15% IN-PLACE CASH-ON-CASH RETURN, OFFERING INVESTORS A HIGH-YIELD OPPORTUNITY WITH STABLE INCOME FROM DAY ONE
- VALUE-ADD POTENTIAL – RENTS ARE CURRENTLY BELOW MARKET, PRESENTING AN OPPORTUNITY TO INCREASE REVENUE VIA RAISING RENTS TO MARKET
Investment Overview
7719 S Kingston represents a rare opportunity to acquire a fully renovated, cash-flowing multifamily property in a high-demand Chicago neighborhood. With seven spacious two-bedroom units, recent capital improvements, and a strong in-place return, this investment offers both immediate stability and long-term growth potential. The combination of below-market rents and a prime location makes this an ideal acquisition for investors seeking high returns with minimal operational risk. This is an excellent opportunity to secure a strong-performing asset in Chicago’s evolving South Shore market, benefiting from recently renovated units, a proven revenue stream, and significant upside potential. MARKET OVERVIEW Located in Chicago’s evolving South Shore neighborhood, 7719 S Kingston offers a prime investment opportunity in a high-demand rental market. The area attracts residents seeking affordable housing with easy access to downtown, major transit, and a growing commercial sector. Proximity to Lake Michigan, Jackson Park, Rainbow Beach, Hyde Park, and ongoing infrastructure improvements further drive rental demand. South Shore’s strong employment base and connectivity to key job hubs make it a desirable location for renters. The neighborhood’s rising population, rich cultural history, and tight-knit community create a unique living experience that continues to draw long-term residents and investment interest.
Exclusively Listed By
To view property details and documents, sign up for a free MyMMI account.
Explore exclusive listings, access research insights, and set up automated alerts for a personalized experience. Sign up now to elevate your property search.
