7250 S Yale Avenue, Chicago, IL 60621

• 8,300 sqft

Property Description

OPPORTUNITY ZONE SPECIAL - Located in Chicago's South Side Englewood neighborhood, 7250 S Yale is a 7-unit brick walk-up, offering strong value-add potential for improvement in market rents and room for renovation / updates too. The unit mix consists of six spacious 3BD/1BA layouts and one 2BD/1BA garden unit, 8K SF overall, with upside through renovation and rent increases. The property features desirable highlights such as a modern boiler, newer hot water heater, code-compliant porch, and hardwood flooring throughout. Building has a clean bill of health with the Buildings department and has had long term tenants with low rents - presenting an opportunity for investors to reposition and stabilize in a rapidly evolving submarket. The adjacent corner lot is city-owned and potential to acquire thru local alderman and ChiBuilder program. Situated near major transit corridors and ongoing redevelopment efforts in Englewood, this asset is well-positioned for both cash flow and long-term appreciation. Ideal for hands-on operators or value-focused investors looking for scale in a recovering pocket of Chicago's South Side.

Listing Status:

Active

Listing Office:

ALLURE Real Estate : 312-772-2820

Listing Agent:

Cecil Sabu : 312-772-2820

MLS ID:

12429401

Interior

• Basement: Partially Finished
• A/C: Window Unit(s)

Construction

• Roofing: Rubber
• General: Concrete Perimeter

Location

• Road/Access: City Street
• HOA Amenities: None
• Originating MLS: mred
• County: Cook

Lot

• Zoning: MULTI20282100280000

Utilities

• Utilities: Circuit Breakers

Financial

• Source: mred

This listing courtesy of Cecil Sabu, ALLURE Real Estate