Englewood Multifamily Rehab
For Sale
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7157 S Yale Avenue, Chicago, IL 60621
12-unit building in Chicago's Englewood neighborhood, requiring rehab.
Property Size11,181 SF
Price / SF$35.77
Days on Market562
Property Features for 7157 S Yale Avenue
General Information
Standard status
Active
Size
11,181 SF
Property subtype
Multifamily
Zoning
MULTI
Net Operating Income
$100,790
Building Details
Year Built
1905
Stories
3
Units
12
Listing Agency:
Compass
Listed By:
Steven Kehoe · License #IL
Source:
Crexi
Added: Feb 8, 2025
Changed: Aug 8
Last Checked: Jul 21 at 1:20PM
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
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
800
Businesses Nearby
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Business Placement
Demographics for 60621, IL
29,570
Population
15,348
Households
1.9
Avg Household Size
36
Median Age
12%
College-Educated
78%
High-School Grad
3.8 sq mi
ZIP Area
7,782
Density / Sq Mi
$33,235
Median Household Income
$29,961
Median Earnings
$1,017
Median Rent
$161,900
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 - 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.
