7250 South Yale Avenue, Chicago, IL, 60621

$600,000

About 7250 South Yale Avenue

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.

Additional Information: This property is located in the CHI - Greater Grand Crossing neighborhood, IL. This 0 bedrooms multi family 5+ property is priced at $600,000.

Facts & Features

MLS® # 12429401
Price $600,000
Bathrooms 0.00
Taxes $3,433
Acres 0.00
Year Built 1900
Type Commercial Sale
Sub-Type Multi Family 5+
Status Active

Community Information

Address 7250 South Yale Avenue
Area CHI - Greater Grand Crossing
City Chicago
County Cook
State IL
Zip Code 60621

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Window Unit(s)
Fireplace No
Has Basement Yes
Basement Partially Finished

Exterior

Exterior Brick
Roof Rubber
Foundation Concrete Perimeter

Additional Information

Days on Market 65
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No
Taxes $3,433

Listing Details

OfficeALLURE Real Estate
Contact Info312-772-2820

Listing Map

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