$173,500
7131 S YALE Avenue
Chicago, IL, 60621
Located in the historic district of Greater Grand Crossing, this money-making 3-flat, on a +/- 6,100 SF lot features massive 1,900-2,100+ sf units! There are a total of 11 bedrooms and 4 bathrooms. Current configuration is as follows: 1st floor: 3/1 easily duplexable into a 4/2. 2nd floor: 4/2 and 3rd floor: 4/1. Proforma GPI is 5,500-6,500/mo. Individual GFAs and the side drive can park 4-5 cars. This is great income property or solid fix & flip. Also, seller has access to the adjacent vacant lot to the North if needed. Stabilized ARVs for this property is 512,000! Close to shopping and restaurants along 71ST St., just a short walk to the #24 Wentworth CTA bus line and 2 minutes to the Kennedy Expressway.
Property Details
Price:
$173,500
MLS #:
MRD12266683
Status:
Active Under Contract
Beds:
11
Baths:
4
Address:
7131 S YALE Avenue
Type:
Multi Family
Neighborhood:
CHI – Greater Grand Crossing
City:
Chicago
Listed Date:
Jan 8, 2025
State:
IL
ZIP:
60621
Schools
School District:
299
Interior
Heating
Natural Gas
Exterior
Parking Spots
4
Financial
Tax Year
2022
Taxes
$2,298
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
More About DebraMortgage Calculator
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