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    7241 S Yale Ave Chicago, IL 60621

    For Sale
    Contact for pricing

    Auction - Chicago, IL

    Days on Market:
    138
    Last Refresh:
    Dec 9 at 12:06 am

    Property Features for 7241 S Yale Ave

    General Information

    Special listing conditions
    Real Estate Owned
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Real Estate Owned
    Standard status
    Active
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    APN
    20282110080000
    Parking
    2

    Utilities

    Heating system
    Natural Gas

    Building Details

    Year built
    1913
    Architectural style
    Other

    ParkVue Realty Corporation (312) 788-4040 [email protected]

    Listing agent Anthony Disano (312) 788-4040 License #471010606

    Listing date Jul 25, 2025

    MLS# 12428135 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Chicago Brick 2-Flat Investment Property

    This solid brick 2-flat in Chicago, Illinois, offers excellent income and value-add potential for investors. The property is situated in a prime location, just blocks from Hamilton Park and the I-94 Expressway. It will be included in an upcoming online auction. The property is being sold occupied, with no interior access prior to closing. Room counts are estimated. The property is sold strictly as-is, cash only, and without a survey.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6305927
    Latitude
    41.7623817

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    FAQs

    What type of property is this?
    Duplex - Solid brick 2-flat with income potential near Hamilton Park.
    Where is this duplex located?
    The property is located at 7241 S Yale Ave Chicago, IL.
    What are key features of this property?
    This property features: - Excellent income and value-add potential.; - Prime location blocks from Hamilton Park and I-94 Expressway.; - Solid brick 2-flat construction.
    (312) 788-4040
    Request Owner's contact information
    7241 S Yale Ave Chicago, IL 60621
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    Chicago, IL 60621
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7241 S Yale Ave Chicago, IL 60621
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