ClosedPrice Reduced

$173,500

$189,600
7131 YALE Avenue, Chicago, IL 60621
11 Beds4 Baths43 days
7131 YALE Avenue·Chicago, IL 60621
11Bedrooms
4Bathrooms
About This Home

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.

MLS# 12266683Listed January 8, 2025Residential Income
Property Details

Beds & Baths

Total Bedrooms11
Total Bathrooms4
Total Rooms21

Size & Structure

Lot Size5453 SF

Location

CountyCook
TownshipHyde Park
Zip Code60621

Financial

List Price$173,500
Original Price$189,600
Annual Taxes (2022)$2,298
Monthly Tax Est.$192
Parcel #20282030050000
Interior Features

Heating

Natural Gas

Basement

UnfinishedFull
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

On Site
Tax & Financial
Annual Taxes
$2,298
Tax Year 2022
Monthly Tax Est.
$192
per month
Price Reduced by $16,100
Original list price: $189,600
Property Location

7131 YALE Avenue, Chicago, IL 60621 — Cook County

$173,500
7131 YALE Avenue
11 bd4 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
43 days on market
5453 SF
$2,298/yr taxes
Price reduced $16,100
$1,103
estimated monthly payment
Principal & Interest
$912/mo
Property Tax
$192/mo
$173,500
20% — $34,700
3%50%
6.875%
3%12%
Loan Amount
$138,800
Down Payment
$34,700

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Chicago Real Estate Authority
Agent: Scott Siegel
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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