Chicago, IL 60617 8131 S Kingston Avenue

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Presented By: Exit Strategy Realty / EMA Management
  • MLS# 11954851
  • 01/03/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • Beds • 3

Home Details

Beautifully maintained vintage 7-unit building on a nice tree lined street. All the charming details are there - excellent woodwork, nice fireplaces, and stained glass. The units are spacious with separate dining rooms and generous living rooms. The 8100 block is a pleasant mix of single family homes and small apartment buildings. The building is in good shape, with a new boiler in the basement. 8th unit possible on the north side of the garden level. Lots of long term tenants. Broker Owned. As is 8.6% Cap Rate, Pro Forma 12.6%.
Presented By: Exit Strategy Realty / EMA Management

Interior Features for 8131 S Kingston Avenue

Other Interior Features

Street SuffixAvenue

General for 8131 S Kingston Avenue

Additional Parcels Y/NNo
CityChicago
CoolingWindow Unit(s)
CountyCook
Days on Market36
DirectionsEast on 79th, south on Kingston
ElectricCircuit Breakers
Electric Expense552
Fuel Expense9585
Gross Income73500
Insurance Expense5264
MLS AreaCHI - South Chicago
MaintenanceExpense2000
Net Operating Income51776
NumberOfUnitsTotal7
Operating Expense18817
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive
StatusActive
Stories3
Tax Annual Amount3280
Tax Year2022
Tenant PaysAir Conditioning, Electricity
Trash Expense1908
Water Sewer Expense3416
Year Built1927
ZoningMULTI

Exterior for 8131 S Kingston Avenue

ExteriorBrick
Lot Dimensions6125

Additional Details

Price History

Worth Clark

Price $549,000
MLS#11954851
List Date 01/03/2024
Property Type Multi-Family
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