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7653 S Yates Boulevard Chicago, IL 60649

$255,000
New / MLS# 12585441 / Multi Unit - Multiple / Chicago
9 Beds
6 Baths

Investment Opportunity in South Shore! Brick 3-unit building offering tremendous potential in the revitalizing South Shore community. Each unit features spacious 3-bedroom/2 bath layouts with formal dining rooms, classic Chicago masonry construction, hardwood floors, large windows with plenty of natural light. The area has a strong rental demand. Legal 3-unit brick building located in the historic South Shore corridor of Chicago, just minutes from Lake Michigan, Jackson Park, the South Shore Cultural Center, and the future Obama Presidential Center development corridor. This property presents a strong opportunity for investors, owner-occupants, or buyers looking to build long-term wealth through multi-unit real estate. The building offers three residential units with spacious layouts, separate entrances, and strong rental potential. Ideal for buyers seeking to generate income while benefiting from long-term appreciation in a neighborhood experiencing ongoing redevelopment and public investment. Situated near public transportation, Metra Electric line, Lake Shore Drive, and major thoroughfares, the location provides convenient access to downtown Chicago, Hyde Park, and the University of Chicago campus. Nearby parks, beaches, golf course, and cultural attractions add to the area's appeal for both tenants and owners. This property may be a great fit for portfolio expansion, house-hacking strategies, or buyers looking to acquire multi-unit property in an established neighborhood with future growth potential. Property being SOLD AS IS/WHERE IS.

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Estimated Payment

$ 1,186.88 per month $566.67 Principal & Interest $545.83 Property Tax $74.38 Homeowner's Insurance
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Property Details

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Partially Finished, Sleeping Area, Full
Garage: 3
Heating: Steam
Lot Size: 123.1x35x123.1x35
Roof Type: Flat
Taxes: $6,550
Year Built: 1926

Feature Descriptions

Exterior: Brick
Lot Dimensions: 123.1x35x123.1x35
Other Equipment: Water Heater-Gas
Parcel#: 21303070100000
Parking: Yes, Garage Owned, Detached, Garage
Sewer: Public Sewer
Total Rooms: 18
Township: Hyde Park
Water: Lake Michigan

Schools

School District: District 299

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

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Listing Office: Coldwell Banker Realty

Listing Office Phone: 708-424-4000



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