Illinois
Chicago
6925 S Yale Avenue

$535,000

6925 S Yale Avenue, Chicago, IL 60621

Commercial Property
Built in 1898
—— sqft lot
—— car garage
$——/sqft
Listed 2 days ago

Property Description

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!

Listing Status:: Active
Listing Office:: Coldwell Banker Realty : 773-621-6514
Listing Agent:: Lauren Wright : 773-621-6514
MLS ID:: 12430080

Roofing: Tar/Gravel

This listing courtesy of Lauren Wright, Coldwell Banker Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Parker Elementary Community Academy

6800 S Stewart Ave, Chicago, IL, 60621

Grades PK-8

0.21 miles away

Parker Elementary Community Academy

6800 S Stewart Ave, Chicago, IL, 60621

Grades PK-8

0.21 miles away

Englewood STEM High School

6835 S Normal Blvd, Chicago, IL, 60621

Grades 9-10

0.21 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.