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7157 S Yale Avenue Chicago, IL 60621

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For Sale
$400,000

12-unit building in Chicago's Englewood neighborhood, requiring rehab.

Type:Multifamily
Property size:
11,181 SF
Added:
Feb 8, 2025
Days on Market:
417
Last Refresh:
Mar 16 at 1:09 pm

Property Features for 7157 S Yale Avenue

General Information

Standard status
Active
Size
11,181 SF
Property subtype
Multifamily

Building Details

Year Built
1905

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Listing Contact
Steven Kehoe

Listing agent Steven Kehoe License #IL

Listing office Compass

Listing date Feb 8, 2025

Source Crexi

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 Compass


Overview

Englewood Multifamily Rehab Opportunity

Located in Chicago's southwest Englewood neighborhood, 7157 S Yale Ave is a 12-unit multifamily property constructed in 1905. The building has 11,181 square feet of space and contains a unit mix of 6 one-bedroom, one-bathroom units (convertible to 2 bedrooms), 3 two-bedroom, one-bathroom units, and 3 one-bedroom, one-bathroom units, with varying square footage and projected market rents. This REO property requires rehabilitation and presents an investment opportunity to contribute to the revitalization of Englewood. The property is located in a TIF district.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

Location Insight

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  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.6306264
Latitude
41.763777

FAQs

What type of property is this?
Apartment building - 12-unit building in Chicago's Englewood neighborhood, requiring rehab.
Where is this apartment building located?
The property is located at 7157 S Yale Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 12‑unit building with diverse unit mix of 1 & 2 bedroom units.; Potential to convert large 1‑bed units into 2‑bedroom units.; Located in a TIF district.
More about this property
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