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Image 1 - 7250-7252 South Yale Avenue, Chicago, IL 60621, USA - House for sale

Image 2 - 7250-7252 South Yale Avenue, Chicago, IL 60621, USA - House for sale

Image 3 - 7250-7252 South Yale Avenue, Chicago, IL 60621, USA - House for sale

Image 4 - 7250-7252 South Yale Avenue, Chicago, IL 60621, USA - House for sale

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Home For Sale In Chicago, Illinois

7250-7252 South Yale Avenue, Chicago, IL 60621, USA

Home For Sale In Chicago, Illinois

house for sale

Listed: 04/19/24

7250-7252 South Yale Avenue, Chicago, IL 60621, USA

Studio Bed:

2 Bath:

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Price

$ 700,000

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About This House

7250 S Yale Ave is conveniently located in the Greater Grand Crossing neighborhood of Chicago's South Side. Only 2 blocks east of beautiful Hamilton Park and just 2 blocks west of the entrance and exit ramps to I-94, which is the main north-south Expressway running through Chicagoland. This location also puts this building almost exactly halfway between the mass transit light rail Red Line stops at 69th St and 79th St. Chicago's public CTA bus lines run east-west along 71st St. and 75th St. This 7-unit rental building features all 3 bed/1 bath units (21 bedrooms and 7 bathrooms total). While these units currently bring in approximately$88, 000in Gross Income, there is room for upside as pro forma rents could boost the income to over$106, 000.

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Auburn Park Housing & Living

Household Income

Median household income: $57,238

Number of households: 1,1M

The average household income in Chicago, IL grew from $55,295 to $57,238 in the past year. This data is an estimate based upon 1,1M households in Chicago, IL.
The chart below presents how household income is distributed in Chicago, IL in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Chicago, IL compared to median property taxes around the country. The prevalent amount of property taxes in Chicago, IL equals $3k+ , which is more than the national average.