7250 S Yale Avenue Chicago, IL $ 600,000
7250 S Yale Avenue
$ 600,000
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7250 S Yale Avenue

Chicago, IL, 60621
$ 600,000
Bedrooms5 Baths0.0 Sq 8,300

Monthly Estimate*

$ 3,694

7250 S Yale Avenue, Chicago, IL 60621 - Image 1
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7250 S Yale Avenue, Chicago, IL 60621 - Image 7
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Multi-Family Home for sale in Chicago, IL

for $600,000 with 5 bedrooms. This 8,300 square foot home was built in 1900 on a lot size of 0.14348.

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.

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Multi-Family Contingent

Price

$ 600,000

Bedrooms

5

Property Type

Multi-Family

Taxes

$ 3,433

Style

Lot Size

0.14348

Year Built

1900

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12429401

Features
General
Cooling Window Unit(s)
Roof Rubber
Zoning MULTI
Association Fee Includes None
Construction Materials Brick
Year Built 1900
Electric Circuit Breakers
Tenant Pays Electricity
Stories Count 3
Tax Year 2023
Gross Income 75867
County Cook
Net Operating Income 81081
Operating Expense 21475
Insurance Expense 3500
Property Type Commercial Sale Multi Family 5+
Contingency Financing
MaintenanceExpense 0
Possible Use Multi-Family
Status Contingent
Directions 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.
City Chicago
Number Of Units Total 7
MLS Area CHI - Greater Grand Crossing
Lot Size Square Feet 6250
Tax Annual Amount 3433
Electric Expense 1337
Fuel Expense 9713
Trash Expense 2277
Water Sewer Expense 1237
Additional Parcels Y/N N
Virtual Tour https://www.homes.com/property/7250-s-yale-ave-chicago-il/hbgnn6rj6gln3/?tab=1&dk=kkyc08jd32321
Standard Status Active Under Contract
Cap Rate 13.5
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Interior
Basement Partially Finished
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Exterior
Foundation Details Concrete Perimeter
Building Area Total 8300
Lot Dimensions 6250
Frontage Type City Street
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* Excluded Features
List By
Allure Real Estate

Broker

CSABU@ALLURE.REALESTATE; CSABU@CHICAGOREA.COM

Email

Affordability Calculator

$3,980
Per Month
93%
7%
0%
Monthly Principal & Interest
$3,694
Monthly Property Taxes
$286
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/13/2025$600,000 Listed Price

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7250 S Yale Avenue, Chicago, IL, 60621 is a Multi-Family Home for sale at $600,000 with 8,300 sqft and a lot size of 0.14348. 7250 S Yale Avenue has 5 bedrooms, 0.0 baths, and was built in 1900. The property's zip code is 60621 which is in Chicago, IL