Chicago Multifamily Portfolio: 7831-41 S. Kingston Ave – 2 Properties at $1,099,000

Investment Summary Offered at $1,299,000, the Kingston Avenue Portfolio is a prime 12-unit multifamily investment located in Chicago’s historic South Shore neighborhood. This package features two adjacent, well-maintained brick walk-up buildings, providing a rare opportunity to acquire a stabilized asset with proven performance and clear value-add potential in an appreciating submarket.

Portfolio Highlights

• Unit Mix & Features: The portfolio comprises (4) 3-bedroom/1-bath and (8) 2-bedroom/1-bath units. The residences boast classic Chicago architecture, including hardwood floors, formal dining rooms, and spacious, light-filled floorplans.

• Strong Financials: Currently generating a $94,318 NOI with a 6.74 GRM. The buildings benefit from individual unit metering and professional management, ensuring consistent occupancy and low turnover.

• Turnkey Asset: These durable, brick-constructed assets are positioned at an attractive basis, offering immediate stable cash flow for the next owner.

Strategic South Shore Location

• Economic Catalyst: Situated less than 10 minutes from the upcoming Obama Presidential Center, the portfolio is perfectly positioned to benefit from the massive economic investment, job creation, and neighborhood revitalization currently transforming Chicago’s South Side.

• Lifestyle & Recreation: Residents enjoy close proximity to Lake Michigan, Rainbow Beach Park, the South Shore Cultural Center, and the prestigious Jackson Park Highlands.

• Unmatched Connectivity: Excellent transit access via the Metra Electric Line and multiple CTA bus routes provides seamless connectivity to Downtown Chicago and major employment hubs, including the University of Chicago and regional medical centers.

The Opportunity This offering is ideal for investors seeking to capture market-rate rental growth in a supply-constrained area undergoing significant economic transformation. With high tenant demand and long-term appreciation fundamentals, the Kingston Avenue Portfolio represents a strategic acquisition for any Chicago-focused investment strategy.