Rehabilitated Six-Unit Apartment
For Sale
Contact for pricing
Pending
7623 S Yates Blvd, Chicago, IL 60649
Six renovated two-bedroom residences feature hardwood floors, separate living rooms, and updated kitchens and baths.
Property Size5,400 SF
Days on Market435
Property Features for 7623 S Yates Blvd
General Information
Standard status
Pending
Size
5,400 SF
Class
C
Property subtype
Multifamily
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
6 x 2BR/1BA
Multifamily Units
6
Additional Details
Cap Rate
9%
Building Details
Year Built
1927
Year Renovated
2018
Buildings
1
Units
6
Listing Agency:
Kiser Group
(773) 293-5032
Listed By:
Noah Birk · License #IL 475.125864
Source:
Crexi
Added: Jun 23, 2025
Changed: Aug 30
Last Checked: Aug 30 at 5:23PM
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 Kiser Group
Investment Insights
Based on property information with market context.
This 5,400-square-foot apartment building contains six 2Bd/1Ba units within a 1927 structure that underwent a complete gut rehabilitation in 2018. Each residence includes hardwood flooring, a distinct living room, and updated kitchen and bathroom finishes. Building improvements include copper plumbing, code-compliant porches, a 2018 boiler, individual hot water tanks installed in 2018 and 2021, and stainless steel appliances.
Located at 7623 S. Yates Blvd in Chicago’s South Shore neighborhood, the property is within walking distance of multiple public transportation options. Lake Shore Drive is nearby, with access to downtown Chicago described as approximately fifteen minutes. The combination of unit-level updates and building-system improvements provides a clearly defined six-unit multifamily configuration.
Located at 7623 S. Yates Blvd in Chicago’s South Shore neighborhood, the property is within walking distance of multiple public transportation options. Lake Shore Drive is nearby, with access to downtown Chicago described as approximately fifteen minutes. The combination of unit-level updates and building-system improvements provides a clearly defined six-unit multifamily configuration.
Key Highlights
- Six 2Bd/1Ba apartment units in a 5,400 SF building
- Complete gut rehabilitation completed in 2018
- Each unit includes hardwood floors, separate living rooms, and updated kitchens and baths
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,068
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 - Six renovated two-bedroom residences feature hardwood floors, separate living rooms, and updated kitchens and baths.
Where is this apartment building located?
The property is located at 7623 S Yates Blvd Chicago, IL.
What are key features of this property?
This property features: Six 2Bd/1Ba apartment units in a 5,400 SF building; Complete gut rehabilitation completed in 2018; Each unit includes hardwood floors, separate living rooms, and updated kitchens and baths
