Courtyard Apartment
For Sale
$3,450,000
7749 S Yates Blvd, Chicago, IL 60649
36-unit courtyard apartment building with a mix of 2-bedroom and 1-bedroom units in South Shore.
Days on Market59
Property Features for 7749 S Yates Blvd
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Cap Rate
11.02%
Multifamily Units
36
Building Details
Year Built
1927
Tenancy
Multi
Listing Agency:
(773) 293-5032
Listed By:
Aaron Sklar · License #IL #475161507
Source:
Kisergroup
Added: Jun 2
Changed: Jul 22
Last Checked: Jul 30 at 3:58AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Aaron Sklar
Investment Insights
Based on property information with market context.
This offering presents a 36-unit courtyard apartment building located at 7749 S Yates Blvd in Chicago’s South Shore neighborhood. The property’s unit mix includes 32 two-bedroom, one-bath units and four one-bedroom, one-bath units.
The building is described as having newer electric and copper plumbing, along with modern kitchens and baths. The property is also positioned just blocks from Lake Michigan to the east.
As currently marketed, the property is presented with an 11.02% cap rate at list price.
The building is described as having newer electric and copper plumbing, along with modern kitchens and baths. The property is also positioned just blocks from Lake Michigan to the east.
As currently marketed, the property is presented with an 11.02% cap rate at list price.
Key Highlights
- 36‑unit courtyard apartment building built in 1927
- Unit mix: 32 units with 2BD/1BA and 4 units with 1BD/1BA
- 11.02% cap rate at list price
Property Analytics
Current Use
Lease Details
36
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
953
Businesses Nearby
Explore this area
Business Placement
Demographics for 60649, IL
48,171
Population
28,249
Households
1.7
Avg Household Size
39
Median Age
25%
College-Educated
89%
High-School Grad
3.6 sq mi
ZIP Area
13,381
Density / Sq Mi
$40,142
Median Household Income
$36,474
Median Earnings
$1,066
Median Rent
$199,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 36-unit courtyard apartment building with a mix of 2-bedroom and 1-bedroom units in South Shore.
Where is this apartment building located?
The property is located at 7749 S Yates Blvd Chicago, IL.
What is the asking price?
The asking price for this property is $3,450,000.
What are key features of this property?
This property features: 36‑unit courtyard apartment building built in 1927; Unit mix: 32 units with 2BD/1BA and 4 units with 1BD/1BA; 11.02% cap rate at list price
