7250 S Yale Avenue
Chicago, IL, 60621
$700,000
Beds
0 Baths
SqFt
0 Acres
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$700,000
7250 S Yale Avenue
Chicago, IL, 60621
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7250 S Yale Ave is conveniently located in the Greater Grand Crossing neighborhood of Chicago’s South Side. Only 2 blocks east of beautiful Hamilton Park and just 2 blocks west of the entrance and exit ramps to I-94, which is the main north-south Expressway running through Chicagoland. This location also puts this building almost exactly halfway between the mass transit light rail Red Line stops at 69th St and 79th St. Chicago’s public CTA bus lines run east-west along 71st St. and 75th St. This 7-unit rental building features 6 -3 bed/1 bath units and 1 – 2 bed/1bath Garden unit. Broker does not warranty the legality of the 7th unit. While these units currently bring in approximately $88,000 in Gross Income, there is room for upside as pro forma rents could boost the income to over $106,000.

Property Details

Price:
$700,000
MLS #:
MRD12028281
Status:
Active
Beds:
0
Baths:
0
Address:
7250 S Yale Avenue
Type:
Commercial
City:
Chicago
Listed Date:
Apr 15, 2024
State:
IL
ZIP:
60621
Year Built:
1900

Schools

Interior

Exterior

Construction Materials
Brick

Financial

Buyer Agent Compensation
2.25% LESS $395Net Sale Price
Net Operating Income
$46,211
Tax Year
2021
Taxes
$3,622
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Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.

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7250 S Yale Avenue
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