7220 S Yates Boulevard Chicago, IL $ 800,000
7220 S Yates Boulevard
$ 800,000
Recently Listed
Share Save

7220 S Yates Boulevard

Chicago, IL, 60649
$ 800,000
Bedrooms5 Baths0.0

Monthly Estimate*

$ 4,926

7220 S Yates Boulevard, Chicago, IL 60649 - Image 1
7220 S Yates Boulevard, Chicago, IL 60649 - Image 2
7220 S Yates Boulevard, Chicago, IL 60649 - Image 3
7220 S Yates Boulevard, Chicago, IL 60649 - Image 4
7220 S Yates Boulevard, Chicago, IL 60649 - Image 5
7220 S Yates Boulevard, Chicago, IL 60649 - Image 6
7220 S Yates Boulevard, Chicago, IL 60649 - Image 7
7220 S Yates Boulevard, Chicago, IL 60649 - Image 8
7220 S Yates Boulevard, Chicago, IL 60649 - Image 9
7220 S Yates Boulevard, Chicago, IL 60649 - Image 10
7220 S Yates Boulevard, Chicago, IL 60649 - Image 11
7220 S Yates Boulevard, Chicago, IL 60649 - Image 12
7220 S Yates Boulevard, Chicago, IL 60649 - Image 13
7220 S Yates Boulevard, Chicago, IL 60649 - Image 14

Multi-Family Home for sale in Chicago, IL

for $800,000 with 5 bedrooms. This home was built in 1915.

FFully gut-renovated six-unit walk-up in Chicago's South Shore | One block from the South Shore Cultural Center, one block from the Metra, steps from Lake Michigan | Fully occupied, all units subsidized through Chicago Housing Authority | Four 2-bedroom and two 3-bedroom units each exceeding 1,200 sq ft with updated kitchens and baths, exposed brick, separate living and dining rooms, and front and rear sunrooms | Taken down to the studs in 2016 - new electrical, copper plumbing, windows, and full unit renovations throughout | On-site laundry and five rear parking spaces | Minutes from the Obama Presidential Center opening June 2026, and just south of the newly groundbroken Illinois Quantum & Microelectronics Park - a $9 billion lakefront campus on the former U.S. Steel South Works site expected to bring thousands of jobs to the South Side | Stabilized, turnkey asset at the center of one of Chicago's most active growth corridors |

See more

Multi-Family Active

Price

$ 800,000

Bedrooms

5

Property Type

Multi-Family

Taxes

$ 9,452

Style

Multi-Family

Year Built

1915

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12588325

Features
General
Cooling Window Unit(s)
Utilities Sewer Connected Water Available Cable Available
Possession Closing
Zoning MULTI
Construction Materials Brick
Year Built 1915
Electric Circuit Breakers
Tenant Pays Electricity
Stories Count 3
Township Hyde Park
Tax Year 2024
Current Use Multi-Family
Gross Income 121908
County Cook
Net Operating Income 61488
Operating Expense 54325
Insurance Expense 13000
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 3000
Status New
Directions Lakeshore Drive to 71st Street to Yates
City Chicago
Number Of Units Total 6
MLS Area CHI - South Shore
Tax Annual Amount 9452
Electric Expense 407
Fuel Expense 9242
Trash Expense 3660
Water Sewer Expense 2724
Additional Parcels Y/N N
Standard Status Active
Cap Rate 7.69
See more
Interior
Basement Unfinished
See more
Exterior
Water Source Municipal Water
Lot Dimensions 50' X 124'
Lot Size Acres 0
Frontage Type City Street
See more
* Excluded Features
List By
Jameson Sotheby's Intl Realty

Broker

matt@theneistatgroup.com;matt@theneistatgroup.com

Email

Affordability Calculator

$5,713
Per Month
86%
14%
0%
Monthly Principal & Interest
$4,926
Monthly Property Taxes
$788
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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/10/2026$800,000 Listed Price

Map


See all

7220 S Yates Boulevard, Chicago, IL, 60649 is a Multi-Family Home for sale at $800,000. 7220 S Yates Boulevard has 5 bedrooms, 0.0 baths, and was built in 1915. The property's zip code is 60649 which is in Chicago, IL