Chicago, IL 60617 8131 S Kingston Avenue
$499,900
9 more
Presented By: Exit Strategy Realty / EMA Management
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 9.9 Cap Rate, Pro Forma 12.6.
Presented By: Exit Strategy Realty / EMA Management
General for 8131 S Kingston Avenue
Additional Parcels Y/NNo
CityChicago
Construction MaterialsBrick
CoolingWindow Unit(s)
CountyCook
DirectionsEast on 79th, south on Kingston
ElectricCircuit Breakers
Electric Expense552
Fuel Expense9585
Gross Income75900
Insurance Expense5264
MLS AreaCHI - South Chicago
MaintenanceExpense2000
Net Operating Income51776
Number Of Units Total7
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
Lot Dimensions6125
Additional Details
Price History
