7635 S Yates Blvd

Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Great investment opportunity in South Shore Neighborhood, close to the lake, Jackson Park, and soon to be presidential Library. This very well maintained building features 6 huge apartments-1260sq. each with spacious living room, dining room, open kitchen, 2 big bedrooms and 1 bathroom. Fully rented and turn key ready generates a nice profit every month. Each unit features a spacious floorplan, hardwood floors, updated kitchen & bath, decorative fireplace, formal dining room, tons of closet space,...Great investment opportunity in South Shore Neighborhood, close to the lake, Jackson Park, and soon to be presidential Library. This very well maintained building features 6 huge apartments-1260sq. each with spacious living room, dining room, open kitchen, 2 big bedrooms and 1 bathroom. Fully rented and turn key ready generates a nice profit every month. Each unit features a spacious floorplan, hardwood floors, updated kitchen & bath, decorative fireplace, formal dining room, tons of closet space, enclosed back porches. Brick 6 Car garage with a parking spot for each unit. Plenty of additional parking on Yates Boulevard. Newer rubber roof-2017, Hot Water Tanks -2016, Double pane vinyl windows. Low taxes. Nothing to do just collect rent.
  1. Listed by Mark Gajos • arhome realty
    P: (773)-716-5454 C: (773)-716-5454 markgajos@gmail.com

Sold By Compass

Property Details for 7635 South Yates Boulevard

Area
CHI - South Shore
Township
Hyde Park
Num Of Parking Spaces
6.0
Air Conditioning Type
None
Num of Interior Fireplaces
6
Zoning
MULTI
LISTING UPDATED: 11/30/2021 01:53 PM

Property Details for 7635 South Yates Boulevard

StatusClosed
MLS #11211397
Days on Market31
Taxes$3,674 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Flats
Year Built1923
Lot Size0.22 AC / 9,480 SF
CountyCook County
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Building Information for 7635 South Yates Boulevard

Stories3Residences6Year Built1923Building Size-Lot Size0.22 AC / 9,480 SF

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$3,011 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,705

Property Taxes

$306

HOA Dues

$0

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Property Information for 7635 South Yates Boulevard

General Information
Addtl Parking Information
  • Indoor Parking: 6-12 Spaces,Detached
Location and General Information
  • Frontage Type: City Street
  • Information: None
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: None
  • Electric: Circuit Breakers, Service - 201 to 600 Amps
  • Basement Description: Unfinished
  • Heat/Ventilation: Central Bldg Heat,Gas,Radiators,Steam
  • # Of Refrigerators: 6
  • Num of Baths: 6.0
Exterior Features
  • Misc Outside: Enclosed Porch,Enclosed Stairs
Utilities / Equipment
  • Utilities: Sanitary Sewer, Water-Municipal
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Electricity
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Flats
  • Lot Dimensions: 60X160
  • Lot Size Square Feet: 9480.0
  • Stories: 3
  • Exterior Building Type: Brick
  • Construction: Brick
  • Roof Type: Rubber
  • Roof Structure: Flat
  • Building Area Total: 11373
  • # Of Ranges: 6
  • Conversion: N
Property and Assessments
  • Possible Use: Condominium, Multi-Family
  • Buyer Financing: Conventional, Cash
  • Public Document Count: 1
  • Document Date: 2021-09-08T17:09:24
  • Photos Count: 17
  • Deconversion: N
Miscellaneous
  • Current Use: Multi-Family
  • Land Amenities: Curbs and Gutters,Sidewalks
  • Location: Public Transport Avail
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
Income & Expenses
  • Electric Expense: $780.00
  • Fuel Expense: $7,600.00
  • Gross Income: $80,316.00
  • Gross Scheduled Income: $80,316.00
  • Insurance Expense: $4,200.00
  • Maintenance Expense: $600.00
  • Electric Expense Source: Owner Projection
  • Expense Year: 2020
  • Total Annual Expense Source: Owner Projection
  • Fuel Expense Source: Owner Projection
  • Insurance Expense Source: Owner Projection
  • Janitor Expense: 0
  • Manager Expense Source: OP
  • Net Operating Income Year: 2020
  • Other Expense Source: Owner Projection
  • Repairs-Decor Expense Source: Owner Projection
  • Trash Expense Source: Owner Projection
  • Total Monthly Income: 6693
  • Water Expense Source: Owner Projection
  • Net Operating Income: $59,011.00
  • Operating Expense: $21,305.00
  • Other Expense: $.00
  • Trash Expense: $1,600.00
  • Water Sewer Expense: $3,450.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 1
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 1
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 1
Unit 4
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 1
Unit 5
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 1
Unit 6
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 1
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 7635 South Yates Boulevard

DateEvent & SourcePriceAppreciation
Nov 29, 2021

Sold

MRED #11211397

$555,000
Nov 22, 2021

Sold (Public Record)

Public Record #1478469689

$555,000
Oct 8, 2021

Contingent

MRED #11211397

Oct 7, 2021

Pending

MRED #11211397

Oct 6, 2021

Contingent

MRED #11211397

Sep 20, 2021

Price Change

MRED #11211397

$595,000
Sep 7, 2021

Listed (Active)

MRED #11211397

$624,500
Apr 9, 2013

Cancelled

MRED #08185418

$400,000
Oct 23, 2012

Listed (Active)

MRED #08185418

$40,000
Sep 10, 2012

Expired

MRED #08015015

$420,000
Jul 17, 2012

Listed (Active)

MRED #08015015

$400,000
Jan 26, 2012

Cancelled

MRED #07770350

$449,900
Apr 3, 2011

Listed (Active)

MRED #07770350

$449,900
DateEvent & SourcePrice
11/29/2021

Sold

MRED #11211397

$555,000
11/22/2021

Sold (Public Record)

Public Record #1478469689

$555,000
10/08/2021

Contingent

MRED #11211397

10/07/2021

Pending

MRED #11211397

10/06/2021

Contingent

MRED #11211397

09/20/2021

Price Change

MRED #11211397

$595,000
09/07/2021

Listed (Active)

MRED #11211397

$624,500
04/09/2013

Cancelled

MRED #08185418

$400,000
10/23/2012

Listed (Active)

MRED #08185418

$40,000
09/10/2012

Expired

MRED #08015015

$420,000
07/17/2012

Listed (Active)

MRED #08015015

$400,000
01/26/2012

Cancelled

MRED #07770350

$449,900
04/03/2011

Listed (Active)

MRED #07770350

$449,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 7635 South Yates Boulevard

Taxable ValueLand$9,300Additions$10,526Total$19,826
Tax Record2023$4,198 ($350 / month)
Home Facts
Baths6Total Finished SqFt8,772 SqFtAbove Grade Finished SqFt8,772 SqFtStories3Lot Size7,440 SqFtStyleMulti-Family Res (5+ Units)Year Built1928CountyCOOKAPN21-30-307-006

Schools near 7635 South Yates Boulevard

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - 7 to 11
Public - 9 to 12
Rating
School
Distance
Art in Motion Charter School
Charter7 to 11

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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Listing Courtesy of arhome realty

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 11/30/2021 01:53 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.