7250 S Yale Avenue, Chicago IL 60621
$700,000

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Property Description

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.

Listed by David McLennan for Pearson Realty Group | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Features & Information

Key Details

  • List Price $700,000
  • Property Taxes $3,622
  • Price/ Sq. Ft. Unavailable
  • Year Built 1900
  • Buyer's Agent Commission 2.25% less $395
  • Status Active

Building Information

  • Age of Building Older
  • Heating & Cooling Forced Air, Gas

Location

  • County Cook
  • Directions to Property I-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.
  • Property Taxes

  • Tax 3622
  • Parcel Identification Number 20282100280000

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