6925 South Yale Avenue, Chicago, IL, 60621

$525,000

About 6925 South Yale Avenue

Solid 6-unit brick multi-family building located on a tree lined cul-de-sac. This property has strong bones, a newer roof, and new porch. Three of the units were recently rehabbed. 4 out of the 6 units are occupied and up to date on rent, while the remaining two units are currently listed for rent. This property also includes an additional lot with a separate PIN number used for tenant parking, but offers future expansion potential. With a potential NOI of $65,748 once the vacant units are occupied, this multi-family residence is an excellent long-term investment opportunity. Featuring a cap rate of 10.3, it promises passive income for the savvy investor. Don't miss out. Bring your offers today. This gem won't last long!

Additional Information: This property is located in the CHI - Greater Grand Crossing neighborhood, IL. This 0 bedrooms multi family 5+ property is priced at $525,000.

Facts & Features

MLS® # 12458888
Price $525,000
Bathrooms 0.00
Taxes $5,031
Acres 0.00
Year Built 1898
Type Commercial Sale
Sub-Type Multi Family 5+
Status Contingent

Community Information

Address 6925 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

Fireplace No
Has Basement No

Exterior

Exterior Brick
Roof Tar/Gravel

Additional Information

Days on Market 52
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No
Taxes $5,031

Listing Details

OfficeColdwell Banker Realty
Contact Info773-451-1200

Listing Map

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