For Residential Income For Sale

7131 YALE Avenue, Chicago, Illinois 60621

Price: $193200

Property Description


Located in the historic district of Greater Grand Crossing, this money-making 3-flat, on a +/- 6,100 SF lot features massive 1,900-2,100+ sf units! There are a total of 11 bedrooms and 4 bathrooms. Current configuration is as follows: 1st floor: 3/1 easily duplexable into a 4/2. 2nd floor: 4/2 and 3rd floor: 4/1. Proforma GPI is 5,500-6,500/mo. Individual GFAs and the side drive can park 4-5 cars. This is great income property or solid fix & flip. Also, seller has access to the adjacent vacant lot to the North if needed. Stabilized ARVs for this property is 512,000! Close to shopping and restaurants along 71ST St., just a short walk to the #24 Wentworth CTA bus line and 2 minutes to the Kennedy Expressway.

  • Property Type House
  • Property ID #12172640
  • Price $193200
  • Year Built ---
  • Contract type Residential Income For Sale
  • Agent Scott Siegel
  • Home Area --- sqft
  • Rooms 11
  • Bedrooms 11
  • Bathrooms 4
  • Sewer
  • RoomType
  • Price $ 289.0/mounth
  • Year Built 2019
  • Contract type Rent
  • Agent Ashton Kutcher
  • Home Area 1200 sqft
  • Rooms 9
  • Bedrooms 4
  • Bathrooms 3
  • Garages 2
  • Parking lots 2

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