Multi-Family $ 600,000

7250 S Yale AVE

Chicago, IL 60621

  • 8,300 SqFt
  • 1900 Year Built
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.
Listed by Cecil Sabu of ALLURE Real Estate

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Sub Type Multi Family 5+

    Listing Status Active

    Purchase Type For Sale

    Square Footage 8, 300 sqft

    Price per Sqft $72

    MLS Listing ID 12429401

    Year Built 1900

    Annual Tax Amount $3,433

    Tax Year 2023

    Lot Dimensions 6250

    Property Sub-Type Multi Family 5+

  • Location

    State IL

    County Cook

    Area Chi - Greater Grand Crossing

    Zoning MULTI

  • Rooms

    Basement Partially Finished

  • Building

    Dwelling Type Multi Family 5+

    Structure Type Brick

  • Interior

    Cooling Window Unit(s)

    Fireplace N

  • Exterior

    Roof Type Rubber

  • Others

    HOA Fee Include None

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CONTACT

Cecil Sabu
Cecil Sabu
Email: csabu@allure.realestate Tel: +1(312) 772-2820

License ID: 471.019943 | NMLS ID: 2111992

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