Chicago, IL 60621 7157 S Yale Avenue

7157 S Yale Avenue Chicago, IL - Image 1
Presented By: Compass
  • MLS# 12007560
  • 03/19/2024
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  • Beds • 4

Home Details

7157 S Yale Ave is a 12-unit building in Chicago's southwest Englewood neighborhood. This building has a unit mix of 6 large one bed/one bath units (easily converted to 2 bedrooms), 3 two bed/one bath units, and 3 one bed,one bath units, varying in sq ft and projected market rent. This REO property will require rehab but is a solid building. Built in 1905 and boasting 11,181 sq ft of space, 7157 S Yale Ave offers a unique investment opportunity to contribute to the revitalization of Englewood. Property is also located in TIF district. Can be sold with 7200 S Vincennes.
Presented By: Compass

Interior Features for 7157 S Yale Avenue

Other Interior Features

Street SuffixAvenue

General for 7157 S Yale Avenue

Additional Parcels Y/NNo
Cap Rate22.4
CityChicago
CountyCook
DirectionsFrom the Dan Ryan, exit on to 71st Street and drive south on Lafayette Ave. Turn west (right) on to 72nd Street. Property is on the northeast corner of 72nd/Yale.
Electric Expense900
Fuel Expense3300
Gross Income138600
Insurance Expense6000
Lot Size Square Feet7320
MLS AreaCHI - Greater Grand Crossing
MaintenanceExpense5000
ModificationTimestamp2025-03-12T20:20:03.091Z
Net Operating Income100790
Number Of Units Total12
Operating Expense33380
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive
StatusActive
Stories3
Tax Annual Amount4430
Tax Year2023
Tenant PaysElectricity, Heat
Trash Expense3000
Water Sewer Expense6000
Year Built1905
ZoningMULTI

Exterior for 7157 S Yale Avenue

Lot Dimensions60'X121'

Additional Details

Price History

Client Care

Price $450,000
MLS#12007560
List Date 03/19/2024
Property Type Multi-Family
Phone 847.485.2500
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