6925 South Yale Avenue, Chicago, IL

$525,000

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About 6925 South Yale Avenue

Solid 6-unit brick multi-family building located on a tree lined cul-de-sac. This property has strong bones, a newer roof, and new porch. Three of the units were recently rehabbed. 4 out of the 6 units are occupied and up to date on rent, while the remaining two units are currently listed for rent. This property also includes an additional lot with a separate PIN number used for tenant parking, but offers future expansion potential. With a potential NOI of $65,748 once the vacant units are occupied, this multi-family residence is an excellent long-term investment opportunity. Featuring a cap rate of 10.3, it promises passive income for the savvy investor. Don't miss out. Bring your offers today. This gem won't last long!

Features of 6925 South Yale Avenue

MLS® # 12458888
Price $525,000
Bathrooms 0.00
Acres 0.00
Year Built 1898
Type Commercial Sale
Sub-Type Multi Family 5+
Status Contingent

Community Information

Address 6925 South Yale Avenue
Area CHI - Greater Grand Crossing
City Chicago
County Cook
State IL
Zip Code 60621

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Exterior

Exterior Brick
Roof Tar/Gravel

Additional Information

Days on Market 54
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeColdwell Banker Realty
Contact Info773-451-1200

Listing Map

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