7341 S Yates Boulevard, CHICAGO IL 60649 Photo 1
Listing Courtesy of Exit Realty Redefined

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7341 S Yates Boulevard - Great Investment opportunity to own a wonderful six unit income producing property!!! We include a brick garage with a total of eight spaces, plus additional parking for guests. This is a vintage building which is located in the vibrant South Shore area. We are just steps away from the revamped Lake front and beautiful parks. Close to schools, shopping and transportation plus MUCH MORE!!!

Listing information

  • MLS® ID: 09348477
  • Status: Active with Contingency
  • New Construction: No
  • County: Cook
  • Style: Multi-Family
  • Stories: 3
  • Foreclosure: No
  • Year Built: 1919
  • Parking Type Description: None 0 cars
  • Estimated Annual Taxes: $5,666

Features

Air Conditioning Central Air
Approximate Age Older
Basement Description Unfinished
Built Before 1978 (Y/N) Yes
Construction Brick
Contingency Flag Short Sale
Current Use Residential-Multi-Family
Electrical Service Circuit Breakers
Exterior Building Type Brick
Foundation Concrete
Franchisor Feed(y/n) No
Frontage/Access City Street
Fuel Expense Source Actual
Heat/Ventilation Central Heat/Indiv Controls, Forced Air, Gas
Indoor Parking 6-12 Spaces
Information 24-Hr Notice Required, Short Sale
Other # Of Dryers - 2, # Of Ranges - 7, # Of Refrigs - 7, # Of Units - 6, # Of Washers - 2, Approx Total Bldg Sq Ft - 5750, Electricity Expense - 1200, Expense Year - 2011, Fuel Expense - 2330, Gross Rent Multiplier - 6.24, Gross Rental Income $ - 8550, Insurance Expense - 4500, Janitor Expense - 3000, Net Oper Income $ - 67803, Net Operating Income Year - 2012, Other Expenses - 1750, Repairs-Decor Expense - 1400, Scavenger Expense - 1347, Tax Year - 2015, Total Annual Exp - 34797, Total Annual Income - 102600, Total Monthly Income - 8550, Township - South Chicago, Water Expense - 4500, Zoning Type - Multi
Outdoor Parking 13-18 Spaces
Ownership Type Individual
Possession Tenant's Rights
Potential Use Condominium, Residential-Multi-Family
Property Type Multi Family 5+
Roof Structure Flat
Sale Terms Conventional
Tenant Pays Air Conditioning, Electric, Heat
Type Multi-Family Courtyard
Utilities To Site Sanitary Sewer to Site
Washer/Dryer Lsd (Y/N) Yes
Listing Courtesy of Exit Realty Redefined