$700,000
7250 S Yale Avenue
Chicago, IL, 60621
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
Tax Year
2021
Taxes
$3,622
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
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Courtesy of Pearson Realty Group. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Chicago, IL. Detailed information about real estate listings held by brokerage firms other than Compass / The Debra Dobbs Group include the name of the listing broker. Neither the listing company nor Compass / The Debra Dobbs Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Chicago, IL. All rights reserved.
7250 S Yale Avenue
Chicago, IL
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