About 7250 South Yale Avenue
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.
Features of 7250 South Yale Avenue
MLS® # | 12429401 |
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Price | $600,000 |
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 |
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Area | CHI - Greater Grand Crossing |
City | Chicago |
County | Cook |
State | IL |
Zip Code | 60621 |
Amenities
Is Waterfront | No |
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Has Pool | No |
Interior
Cooling | Window Unit(s) |
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Fireplace | No |
Has Basement | Yes |
Basement | Partially Finished |
Exterior
Exterior | Brick |
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Roof | Rubber |
Foundation | Concrete Perimeter |
Additional Information
Days on Market | 65 |
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Zoning | MULTI |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | ALLURE Real Estate |
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Contact Info | 312-772-2820 |