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 large multi-units like this trade for over $450,000! Located 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.
Property Map
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Property Details
Utilities
Heating Natural Gas
Cooling
Water Lake Michigan
Sewer Public Sewer
Additional Information
Parking
4 Parking Spaces, Parking On Site
Schools
District 299
Payment Calculator
Listing History
04-17-2024
Listed at $222,000
04-28-2024
Price decreased by $600 to $221,400
05-03-2024
Status changed to Cancelled
Last Modified 5/3/24 10:28 AM
Nearby Transportation
Bus 24
0.1 mi
Bus 71
0.2 mi
Bus 29
0.2 mi
Bus 67
0.3 mi
Bus 169
0.3 mi
Bus 30
0.4 mi
Bus 5
0.4 mi
Bus 95
0.4 mi
Bus 75
0.4 mi
Bus 8
0.7 mi
Bus 3
0.8 mi
Bus 79
0.9 mi
Bus 8A
0.9 mi
Bus 63
1.1 mi
Bus 44
1.2 mi
Red Line
0.4 mi
Green Line
1.2 mi
I 94 East
0.2 mi
I 94 West
0.3 mi
I 90 East
0.8 mi
I 90 West
1.1 mi
Hwy 57
3.3 mi
Hwy 57
3.5 mi
For More Information
(312) 528-9200
For more information about 7131 S Yale, Chicago, IL 60621 contact Corcoran Urban Real Estate.
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