Chicago, IL 60621,7250 S Yale AVE
Chicago, IL 60621,7250 S Yale AVE
Chicago, IL 60621,7250 S Yale AVE
7
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$600,000
Est. payment /mo
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8,300 SqFt
Active

7250 S Yale AVE Chicago, IL 60621

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Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 8,300 sqft

Price per Sqft $72

MLS Listing ID 12429401

Year Built 1900

Annual Tax Amount $3,433

Tax Year 2023

Lot Dimensions 6250

Property Sub-Type Multi Family 5+

Property Description

OPPORTUNITY ZONE SPECIAL - Located in Chicago's South Side Englewood neighborhood, 7250 S Yale is a 7-unit brick walk-up, offering strong value-add potential for improvement in market rents and room for renovation / updates too. The unit mix consists of six spacious 3BD/1BA layouts and one 2BD/1BA garden unit, 8K SF overall, with upside through renovation and rent increases. The property features desirable highlights such as a modern boiler, newer hot water heater, code-compliant porch, and hardwood flooring throughout. Building has a clean bill of health with the Buildings department and has had long term tenants with low rents - presenting an opportunity for investors to reposition and stabilize in a rapidly evolving submarket. The adjacent corner lot is city-owned and potential to acquire thru local alderman and ChiBuilder program. Situated near major transit corridors and ongoing redevelopment efforts in Englewood, this asset is well-positioned for both cash flow and long-term appreciation. Ideal for hands-on operators or value-focused investors looking for scale in a recovering pocket of Chicago's South Side.

Location

State IL

County Cook

Area Chi - Greater Grand Crossing

Zoning MULTI

Rooms

Basement Partially Finished

Interior

Cooling Window Unit(s)

Fireplace N

Exterior

Roof Type Rubber

Building

Dwelling Type Multi Family 5+

Structure Type Brick

Others

HOA Fee Include None


Midwest Real Estate Data (MRED) IDX
Listed by Cecil Sabu of  ALLURE Real Estate 

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Ariel Manlapaz

Ariel Manlapaz

Real Estate Consultant | License ID: 475173895

+1(847) 924-7177

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7250 S Yale AVE