7250 South Yale Avenue, Chicago, IL

$700,000

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About 7250 South Yale Avenue

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.

Features of 7250 South Yale Avenue

MLS® # 12028281
Price $700,000
Bathrooms 0.00
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

Fireplace No
Has Basement No

Additional Information

Days on Market 21
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficePearson Realty Group

Listing Map

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