8131 South Kingston Avenue

Chicago, IL 60617

$549,000
Price
9
Beds
7
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

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...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%.
  1. Listed by Derek Walvoord • Exit Strategy Realty / EMA Management

Property Details for 8131 South Kingston Avenue

Area
CHI - South Chicago
Zoning
MULTI

Location

Listing Courtesy of Exit Strategy Realty / EMA Management
Add your commute
LISTING UPDATED: 02/08/2024 12:06 AM

Property Details for 8131 South Kingston Avenue

StatusActive
MLS #11954851
Days on Market187
Taxes$3,280 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Corridor-Interior Entrance
Year Built1927
Lot Size0.14 AC / 6,125 SF
CountyCook County

Location

Listing Courtesy of Exit Strategy Realty / EMA Management
Add your commute

Building Information for 8131 South Kingston Avenue

Stories-Residences7Year Built1927Building Size-Lot Size0.14 AC / 6,125 SF

Payment Calculator

$3,269 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,996

Property Taxes

$273

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 8131 South Kingston Avenue

General Information
Addtl Parking Information
  • Indoor Parking: 1-5 Spaces
Location and General Information
  • Information: List Broker Must Accompany,48-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Window Unit(s)
  • Electric: Circuit Breakers
  • Heat/Ventilation: Central Bldg Heat,Gas,Radiators,Steam
  • Num of Baths: 7.0
Property/Lot Information
  • Tenant Pays: Air Conditioning, Electricity
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Corridor-Interior Entrance
  • Lot Dimensions: 6125
  • Stories: 3
  • Exterior Building Type: Brick
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 21
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 7
Income & Expenses
  • Electric Expense: $552.00
  • Fuel Expense: $9,585.00
  • Gross Income: $73,500.00
  • Gross Scheduled Income: $73,500.00
  • Insurance Expense: $5,264.00
  • Maintenance Expense: $2,000.00
  • Electric Expense Source: Actual
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Janitor Expense: 1200
  • Trash Expense Source: Actual
  • Total Monthly Income: 73500
  • Water Expense Source: Actual
  • Net Operating Income: $51,776.00
  • Operating Expense: $18,817.00
  • Other Expense: $.00
  • Trash Expense: $1,908.00
  • Water Sewer Expense: $3,416.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 3
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 3
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 1
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 8131 South Kingston Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 8131 South Kingston Avenue

Taxable ValueLand$6,125Additions$9,826Total$15,951
Tax Record2022$3,281 ($273 / month)
Home Facts
Baths6Total Finished SqFt8,054 SqFtAbove Grade Finished SqFt8,054 SqFtStories3Lot Size6,125 SqFtStyleMulti-Family Res (5+ Units)Year Built1932CountyCOOKAPN21-31-119-010

Schools near 8131 South Kingston Avenue

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - K to 8
Charter - 9 to 12
Rating
School
Distance
Coles Elementary Language Academy
PublicPK to 8

Great Lakes Academy
CharterK to 8

Epic Academy High School
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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8131 South Kingston Avenue is a multi-family home for sale in Chicago, IL 60617. This property was listed for sale on January 3, 2024 by Exit Strategy Realty / EMA Management, it's currently listed at $549,000. It has been on the market for a total of 187 days and was last sold on March 12, 2019. This listing's school district is City Of Chicago School District 299. Nearby schools include Coles Elementary Language Academy, Chicago Vocational Career Academy High School and Great Lakes Academy. 8131 South Kingston Avenue is a 9-bed, 7-bath, multi-family home built in 1927.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Exit Strategy Realty / EMA Management

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.