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Chicago Multifamily Investment Opportunity

7220 S Yates Boulevard, Chicago, IL 60649

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For Sale

$750,000

MULTI_FAMILY - Chicago, IL

HighLights

Fully gut‑renovated six‑unit walk‑up building built in 1915, with renovations taken down to the studs in 2016
New electrical, copper plumbing, and windows plus full unit renovations completed during the 2016 gut
Unit mix: four 2‑bedroom and two 3‑bedroom units, each exceeding 1,200 SF
Each unit features updated kitchens and baths, separate living and dining rooms, and front and rear sunrooms
Fully occupied with all units subsidized through Chicago Housing Authority
On‑site laundry and five rear parking spaces; cooling via window unit(s)

We can help!

Listing Contact

Matthew Neistat

For Sale

$750,000

MULTI_FAMILY - Chicago, IL

Added:: Mar 10, 2026
Days on Market:: 105
Last Refresh:: Jun 22 at 8:06 am

Property Features for 7220 S Yates Boulevard

General Information

Property type: Residential Multi Family
Property subtype: Other
Zoning: MULTI
Bedrooms: 14
Bathrooms: 10
Rooms: Bedroom 7, Bedroom 13, Bathroom 7, Bathroom 8, Basement, Bedroom 11, Bedroom 6, Bedroom 3, Bathroom 5, Bedroom 10, Bathroom 1, Bathroom 4, Bedroom 2, Bedroom 12, Bedroom 8, Bathroom 6, Bathroom 10, Bedroom 9, Bedroom 5, Bedroom 1, Bedroom 14, Bathroom 9, Bathroom 3, Bathroom 2, Bedroom 4
Basement: Unfinished
Standard status: Active
APN: 20252130170000

Taxes and HOA fees

Tax Year: 2024
Tax Annual Amount: 9452

Utilities

Utilities: Cable Available
Cooling system: Window Unit(s)

Building Details

Year built: 1915
Floors in Building: 3
Number of units: 6
Building materials: Brick

We can help!

Listing Contact

Matthew Neistat

Listing agent Matthew Neistat

Listing office Jameson Sotheby's Intl Realty 425 W. North Ave. suite 1, Chicago, IL

Listing date Mar 10, 2026

MLS# 12588325 Listing URL

HighLights

Fully gut‑renovated six‑unit walk‑up building built in 1915, with renovations taken down to the studs in 2016
New electrical, copper plumbing, and windows plus full unit renovations completed during the 2016 gut
Unit mix: four 2‑bedroom and two 3‑bedroom units, each exceeding 1,200 SF
Each unit features updated kitchens and baths, separate living and dining rooms, and front and rear sunrooms
Fully occupied with all units subsidized through Chicago Housing Authority
On‑site laundry and five rear parking spaces; cooling via window unit(s)

Overview

This is a fully gut-renovated six-unit walk-up building located in Chicago's South Shore neighborhood. The property is situated one block from the South Shore Cultural Center and one block from the Metra station, with convenient access to Lake Michigan. The building is fully occupied, with all units subsidized through the Chicago Housing Authority. It features four 2-bedroom units and two 3-bedroom units, each exceeding 1,200 sq ft. The units have updated kitchens and baths, exposed brick, separate living and dining rooms, and front and rear sunrooms. In 2016, the building was taken down to the studs and renovated with new electrical, copper plumbing, and windows, along with full unit renovations throughout. On-site laundry facilities are available, and there are five rear parking spaces. The property is located minutes from the upcoming Obama Presidential Center, scheduled to open in June 2026, and just south of the newly ground broken Illinois Quantum & Microelectronics Park, a $9 billion lakefront campus on the former U.S. Steel South Works site, expected to bring thousands of jobs to the South Side. This is a stabilized, turnkey asset situated at the center of one of Chicago's most active growth corridors. The zoning is MULTI.

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Location Insight

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Local Demand

City: Chicago
County: Cook
State: Illinois
Longitude: -87.566816
Latitude: 41.763727

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For sale
Apartment buildings
IL
Chicago
60649
7220 S Yates Boulevard

What type of property is this?

Apartment building - Gut-renovated six-unit building near cultural center and transportation.

Where is this apartment building located?

The property is located at 7220 S Yates Boulevard Chicago, IL.

What is the asking price?

The asking price for this property is $750,000.

What are key features of this property?

This property features: Fully gut‑renovated six‑unit walk‑up building built in 1915, with renovations taken down to the studs in 2016; New electrical, copper plumbing, and windows plus full unit renovations completed during the 2016 gut; Unit mix: four 2‑bedroom and two 3‑bedroom units, each exceeding 1,200 SF

7220 S Yates Boulevard, Chicago, IL 60649

MULTI_FAMILY - Chicago, IL

Property Features for 7220 S Yates Boulevard

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Renovated Chicago Industrial Flex Warehouse

West Town Corner Retail Space

Turnkey Restaurant Venue with PPA License

Turnkey Restaurant Venue with PPA License

Turnkey Restaurant Venue with Licenses

Turnkey Restaurant Opportunity in Chicago

Prime Retail Space in Chicago

Chicago Office Building with Parking

Convenience Store Retail Building with Parking

Chicago Commercial Buildings For Sale

Chicago Commercial Space for Sale

Fulton River District Commercial Loft

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