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2-Unit Greystone Multifamily Building

7340 S Yale Avenue, Chicago, IL 60621

For Sale
New
$429,000

Residential Income, Chicago, IL

Property SizeContact for details
Lot Size0.07 Acres
Days on Market1

Property Features for 7340 S Yale Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bedroom 6, Basement, Bathroom 2, Bedroom 4, Bedroom 2, Bathroom 1, Bedroom 5, Bedroom 3
Basement Full, Unfinished
Elementary school district 299
Middle school district 299
High school district 299
Directions VINCENNES TO 73RD WEST TO YALE AVENUE TO PROPERTY.
Subdivision CHI - Greater Grand Crossing
Standard status Active
APN 20282180230000
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 2954

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Water source Public

Amenities

in unit laundry
enclosed back porch

Building Details

Year built 1903
Building materials Brick
Roof type Asphalt
Buildings 1
Listing Agency: Century 21 Circle · Coldwell Banker Real Estate
Listed By: Behrouz Hoghoughi
Added: Nov 13 Last Checked: Nov 13 at 11:06PM
MLS# 12808296

Copyright © 2026 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.

Rey
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Investment Insights

Based on property information with market context.

This brick Greystone contains two apartments, each with three bedrooms, a living room featuring a bay window, and a formal dining room with built-in cabinetry. The kitchens and bathroom have been remodeled, and each unit has in-unit laundry. An enclosed rear porch and full, unfinished English basement provide additional building features.

Recent work includes a new roof and gutters, new plumbing, and new furnace and air-conditioning systems. The required permit has been pulled, and mechanical inspections have passed. The property occupies 0.07 acres in Greater Grand Crossing, near shopping, public transportation, and the Kennedy Expressway.

Key Highlights

  • Two apartments, each with 3 bedrooms
  • 0.07‑acre site in Greater Grand Crossing
  • Brick Greystone with bay windows and formal dining rooms

Property Analytics

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Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

741
Businesses Nearby

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
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Market

Properties on Market for Multifamily properties in Chicago

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Both apartments feature three bedrooms, updated kitchens, and in-unit laundry.
Where is this multifamily property located?
The property is located at 7340 S Yale Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $429,000.
What are key features of this property?
This property features: Two apartments, each with 3 bedrooms; 0.07‑acre site in Greater Grand Crossing; Brick Greystone with bay windows and formal dining rooms
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