8549 S Kingston Avenue, Chicago, IL 60617
Cook County
Key Facts
Description
INVESTOR SPECIAL PRICED SELL!! Great opportunity to own a 2-unit building near 85th & Kingston in Chicago's South Shore neighborhood. The property offers a total of 5 bedrooms and 2 bathrooms and is ideal for investors, rehabbers, or buyers looking to complete a renovation project and build equity. The property is currently gutted and framed, providing a blank canvas for the next owner to finish the renovation to their own specifications. Rough electrical, plumbing, and HVAC have already been completed, allowing the next phase of construction to focus on drywall, finishes, and fixtures. Located in the South Shore area with strong rental demand, the property offers convenient access to Lake Shore Drive, public transportation, parks, schools, and neighborhood amenities. Property is being sold as-is. Excellent opportunity for investors looking to add value and maximize returns.
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Year Built
1913
Lot Dimensions
3125
Ownership
Fee Simple
Days on Market
7
MLS® Listing#
12660752
Property Features
Heating
Basement
Construction
Sewer
Water Source
Financial Details
Annual Taxes
$1,055
Tax year 2023
Parcel Number
21313190170000
Directions
Take I-90/94 (Dan Ryan Expressway) South. Exit at 87th Street. Turn left (east) on 87th Street. Continue east to South Kingston Avenue. Turn left (north) on Kingston to 8549 S Kingston Avenue. Property will be on the right-hand side.
Affordability Calculator
$25,000
Estimated monthly payment
$665/mo
Principal $100,000 · Est. interest $139,509 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Chicago, IL
- $388,137
- Median Listing Price
- 47
- Median Days on Market
- 1,429
- Median Sq Ft
- $276
- Median Price / Sq Ft
- 4,628
- Active Listings
- This home’s price is 68% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Chicago, IL.
Location
Points of Interest in Chicago, IL
Showing the Chicago area map.
Nearby Schools
Chicago Public Schools
School · 0.2 mi away
Qodesh Educational Institute
School · 0.4 mi away
Baker College Prep, A Noble School
School · 0.4 mi away
Bowen High School
Secondary · 0.4 mi away
Chicago Public Schools
Elementary · 0.5 mi away
Chicago Public Schools
School · 0.5 mi away
Immaculate Conception School
School · 0.6 mi away
Chicago Vocational Career Academy
School · 0.6 mi away
Chicago Public Schools
Elementary · 0.6 mi away
A Child's World Early Learning Center
School · 0.6 mi away
Chicago Public Schools
School · 0.7 mi away
Chicago Public Schools
School · 0.7 mi away
C R Phillips Child Development Center
School · 0.8 mi away
Buckingham Special Ed Ctr
School · 0.8 mi away
Eastside Academy of Early
School · 0.9 mi away
St. Michael the Archangel Catholic School Chicago, Il
School · 0.9 mi away
Sullivan House High School
Secondary · 1.0 mi away
Chicago Public Schools
School · 1.0 mi away
James N Thorp Elementary School
Elementary · 1.0 mi away
Learn South Chicago Campus
Elementary · 1.0 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 12014 S Normal Avenue, Chicago, IL | $87,500 | 4 | 1 | 1,292 |
| 2469 E 74th Street, Chicago, IL | $88,000 | 4 | 3 | 1,564 |
| 5359 S Aberdeen Street, Chicago, IL | $89,000 | 4 | 2 | — |
| 6317 S Morgan Street, Chicago, IL | $89,900 | 5 | 2 | — |
| 11941 S La Salle Street, Chicago, IL | $89,900 | 6 | 3 | 1,968 |
| 540 W 120th Street, Chicago, IL | $89,900 | 4 | 3 | — |
Moving Cost Estimate
EXIT Agents in Chicago
Listing Courtesy: TADD Realty - 7738630704
Last Updated: 2026-05-28