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7250 S Yale Avenue,  Chicago IL, 60621

(Active)
$700,000
|
|
MLS# 12028281
Last Updated: 5/16/2024 6:15 PM
Description for 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.
Price
$700,000
Cook
12028281
Active
Description
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.
Listing Information
Property Type: Multi-Family, Business Opportunities, 3+ Story
0.14 Acres 1900 3
Brick
7 Total
Neighborhood
Room Information
Interior Features
Partially Finished
Exterior / Lot Features
Brick
50X124
Driving Directions
I-94 South or North to 71st exit, west to Vincennes, S on Vincennes to 73rd, W on 73rd one block to Yale. N on Yale to 7250.
Financial Considerations
20282100280000
$3,622
Listing Price History

Chicago Real Estate

Chicago is located in Illinois. Chicago, Illinois 60621 has a population of 2,781,445.

The median household income in Chicago, Illinois 60621 is $25,968. The median household income for the surrounding county is $68,916 compared to the national median of $66,222. The median age of people living in Chicago 60621 is 38 years.

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Courtesy: Pearson Realty Group
Listings courtesy of MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 5/16/2024. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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This content last refreshed on 5/16/2024 6:15 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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