7131 South Yale Avenue
$198,400
11
4
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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...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.
- Listed by Scott Siegel • Chicago Real Estate Authority
Property Details for 7131 South Yale Avenue
Area
CHI - Greater Grand Crossing
TownshipHyde Park
OwnershipFee Simple
Num Of Parking Spaces4.0
Heat/FuelNatural Gas
LISTING UPDATED: 12/15/2024 12:07 AM
Property Details for 7131 South Yale Avenue
Status | Active |
---|---|
MLS # | 12214713 |
Days on Market | 32 |
Taxes | $2,298 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Two to Four Units / 3 Flat |
Year Built | - |
Lot Size | 0.13 AC / 5,453 SF |
County | Cook County |
Building Information for 7131 South Yale Avenue
Stories-Residences3Year Built-Building Size-Lot Size0.13 AC / 5,453 SF
Property Information for 7131 South Yale Avenue
Property History for 7131 South Yale Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 7131 South Yale Avenue
Taxable ValueLand$3,954Additions$2,297Total$6,251
Tax Record2022$1,286 ($107 / month)
Home Facts
Baths4.5Total Finished SqFt5,453 SqFtAbove Grade Finished SqFt5,453 SqFtStories2Lot Size6,084 SqFtStyleMulti-Family Res (5+ Units)Year Built1961CountyCOOKAPN20-28-203-005Fireplace TypeHas Fireplace
Schools near 7131 South Yale Avenue
This home is within Chicago Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Public - | PK to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Harvard Elementary School PublicPK to 8 | ||
Englewood STEM High School Public9 to 12 | ||
EXCEL ACADEMY - ENGLEWOOD HS Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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