Chicago, IL 60621 7250 S Yale Avenue

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Presented By: Pearson Realty Group
  • MLS# 12028281
  • 04/15/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • Beds • 5

Home Details

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.
Presented By: Pearson Realty Group

Interior Features for 7250 S Yale Avenue

Other Interior Features

BasementPartially Finished
Street SuffixAvenue

General for 7250 S Yale Avenue

Additional Parcels Y/NNo
CityChicago
Construction MaterialsBrick
CountyCook
Days on Market44
DirectionsI-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.
ElectricCircuit Breakers
Electric Expense2724
Fuel Expense8567
Gross Income88356
Insurance Expense3500
Lot Size Square Feet6200
MLS AreaCHI - Greater Grand Crossing
MaintenanceExpense1062
Net Operating Income46211
NumberOfUnitsTotal7
Operating Expense42145
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive
StatusActive
Stories3
Street NameYale
Tax Annual Amount3622
Tax Year2021
Tenant PaysElectricity, Heat
Trash Expense2802
Water Sewer Expense6354
Year Built1900

Exterior for 7250 S Yale Avenue

Lot Dimensions50X124

Additional Details

Price History

Worth Clark

Price $649,000
MLS#12028281
List Date 04/15/2024
Property Type Multi-Family
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