7749 S Yates Blvd Chicago, IL 60649

Building Details

Year Built

1927

Listing agency a***@kisergroup.com Show Phone

Listed by Aaron Sklar · License #IL #475161507

Source Kisergroup

Added: Jun 2 Updated: Jul 22 at 8:34AM Checked: Jul 22 at 8:34AM

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Investment Insights

Based on property information with market context.

This offering presents a 36-unit courtyard apartment building located at 7749 S Yates Blvd in Chicago’s South Shore neighborhood. The property’s unit mix includes 32 two-bedroom, one-bath units and four one-bedroom, one-bath units.

The building is described as having newer electric and copper plumbing, along with modern kitchens and baths. The property is also positioned just blocks from Lake Michigan to the east.

As currently marketed, the property is presented with an 11.02% cap rate at list price.

Key Highlights

• 36‑unit courtyard apartment building built in 1927
• Unit mix: 32 units with 2BD/1BA and 4 units with 1BD/1BA
• 11.02% cap rate at list price

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FAQs

What type of property is this?

Apartment building - 36-unit courtyard apartment building with a mix of 2-bedroom and 1-bedroom units in South Shore.

Where is this apartment building located?

The property is located at 7749 S Yates Blvd Chicago, IL.

What is the asking price?

The asking price for this property is $3,450,000.

What are key features of this property?

This property features: 36‑unit courtyard apartment building built in 1927; Unit mix: 32 units with 2BD/1BA and 4 units with 1BD/1BA; 11.02% cap rate at list price