Active

$595,000

7741 Yates Boulevard, Chicago, IL 60649
9 Beds3 Baths1 days
7741 Yates Boulevard·Chicago, IL 60649
9Bedrooms
3Bathrooms
1921Year Built
About This Home

Welcome to this exceptional South Shore three-flat offering timeless Chicago architecture, generous living space, and outstanding investment potential. This classic brick building features three spacious units, each thoughtfully designed with large room sizes, abundant natural light, hardwood flooring, separate dining rooms, and versatile den spaces that can easily serve as home offices, sitting rooms, or additional bedrooms. Rich in vintage character, select units showcase beautiful built-in bookcases and original architectural details that blend seamlessly with tasteful updates. The property is currently producing income with two units occupied, while the vacant third-floor unit presents an outstanding opportunity for an owner-occupant or savvy house hacker to move right in while offsetting their mortgage with rental income from the other two units. For investors, the unit is also being actively marketed for lease, offering the flexibility to bring the building to full occupancy and maximize cash flow. The partially finished basement offers additional usable space and is ready for your finishing touches, creating even more potential to add value. A common-area coin-operated laundry provides an additional income stream, while the detached brick 3-car garage offers valuable parking and the opportunity for supplemental rental income. Completing the property are a rear porch and ample storage, enhancing both functionality and tenant appeal. Ideally situated in the heart of South Shore, you'll enjoy convenient access to Lake Michigan, Rainbow Beach, Jackson Park, the South Shore Cultural Center, the future Obama Presidential Center, Metra and CTA transportation, shopping, dining, parks, and major expressways. Whether you're looking to expand your investment portfolio or take advantage of a rare owner-occupied house hacking opportunity, this is your chance to own a well-maintained, income-producing building in one of Chicago's most historic and steadily revitalizing lakefront neighborhoods. Schedule your private showing today!

MLS# 12780562Listed October 8, 2026Residential Income
Property Details

Beds & Baths

Total Bedrooms9
Total Bathrooms3
Total Rooms18

Size & Structure

Garage Spaces3
Year Built1921
Lot Size0.090 acres

Location

CountyCook
TownshipHyde Park
Zip Code60649

Financial

List Price$595,000
Annual Taxes (2024)$6,066
Monthly Tax Est.$506
Parcel #21303180110000
Interior Features

Heating

Natural Gas

Basement

FinishedFull
Exterior & Lot

Construction

Brick
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

Garage Door OpenerYesGarage OwnedDetachedOff StreetOwnedGarage
Tax & Financial
Annual Taxes
$6,066
Tax Year 2024
Monthly Tax Est.
$506
per month
Property Location

7741 Yates Boulevard, Chicago, IL 60649 — Cook County

$595,000
7741 Yates Boulevard
9 bd3 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
1 days on market
3-car garage
0.090 acres
$6,066/yr taxes
$3,632
estimated monthly payment
Principal & Interest
$3,127/mo
Property Tax
$506/mo
$595,000
20% — $119,000
3%50%
6.875%
3%12%
Loan Amount
$476,000
Down Payment
$119,000

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

Listed by
Keller Williams Preferred Realty
Agent: Aaron Gaines
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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