7241 S Yale Avenue Chicago, IL ^$ 124,900

7241 S Yale Avenue

^$ 124,900

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Recently Listed Foreclosure

7241 S Yale Avenue

Chicago, IL, 60621

^$ 124,900

Bedrooms4 Baths4.0

Monthly Estimate*

^$ 769

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Multi-Family Home for sale in Chicago, IL

for $124,900 with 4 bedrooms and 4 full baths. This home was built in 1913.

Investor special in the heart of Chicago! This 2-story brick property at 7241 S Yale Ave is a prime rehab opportunity with tons of potential. Featuring a spacious layout, this home is ready for a full renovation-perfect for experienced investors or savvy buyers looking to add value. Ideal for a fix-and-flip or long-term rental hold. Located on a residential block with easy access to public transportation, schools, and local amenities. Sold AS-IS. No survey. Buyer to verify zoning and take subject to any municipal requirements. Bring your vision and unlock the upside potential of this property! *Property not for rent - beware of rental scams.*

Multi-Family Active

Price

^$ 124,900

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 1,059

Style

Year Built

1913

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12600193

Features

General

Sewer Public Sewer

Heating Natural Gas

Possession Closing

Garage Spaces 2

Construction Materials Brick

Year Built 1913

Township Lake

Tax Year 2023

Ownership Fee Simple

County Cook

New Construction N

Property Type Residential Income Two to Four Units

Total Rooms 8

Status New

Directions On Yale between 72nd and 73rd

City Chicago

High School District 299

MLS Area CHI - Greater Grand Crossing

Tax Annual Amount 1059

Standard Status Active

Middle/Junior School District 299

Elementary School District 299

Interior

Basement Unfinished Full

Total Bedrooms 4

Total Baths 4

Bedrooms Possible 4

Full Baths Building 4

Half Baths Building 0

Total Number of Units 2

Exterior

Parking Features Yes Garage Owned Detached Garage

Water Source Public

Total Parking 2

Lot Dimensions 3050

Waterfront Y/N N

* Excluded Features

List By

Parkvue Realty Corporation

Broker

sales@parkvuerealty.com

Affordability Calculator

$857

Per Month

Monthly Principal & Interest: $769
Monthly Property Taxes: $88
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$614,831

Percent of Sale Price 392%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

566059 Elementary School

566846 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/24/2026	$124,900		Listed Price

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7241 S Yale Avenue, Chicago, IL, 60621 is a Multi-Family Home for sale at $124,900. 7241 S Yale Avenue has 4 bedrooms, 4.0 baths, and was built in 1913. The property's zip code is 60621 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 3/29/2026.

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7241 S Yale Avenue

Multi-Family Home for sale in Chicago, IL

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