7250 S Yale - Apartments FOR SALE


Chicago, IL 60621- Englewood
$550,000 USD
773-293-5090
7250 S Yale, Chicago, IL for Sale
$550,000 USD
Apartments - FOR SALE
1/5
null | 9.03% Cap Rate

7250 S Yale
Chicago, IL 60621
Englewood


HIGHLIGHTS

  • Desirable Unit Mix - Six (6) 3Bd/1Ba & One (1) 2Bd/1Ba Unit
  • In-Unit Washer & Dryer
  • Updated Kitchens & Baths
  • On-Site Parking Lot

OVERVIEW

Kiser Group is pleased to exclusively present for purchase 7250 S. Yale, a seven (7) unit multifamily investment opportunity located in Chicago's Englewood neighborhood. The property is conveniently located near public transportation, major roadways, neighborhood shopping, and local parks, providing tenants with excellent accessibility throughout the city. Its desirable location and stable rental demand make it an attractive opportunity for investors seeking strong in-place returns. The property is comprised of six (6) 3Bd/1Ba units and one (1) 2Bd/1Ba unit, offering a spacious unit mix that appeals to families and long-term renters. Each apartment is equipped with new in-unit laundry machines, providing residents with a premium amenity rarely found in comparable properties. The units also feature stainless steel appliances, and tenants benefit from rear parking, further enhancing the property's desirability and long-term tenant retention. From day one, an investor will realize a 9.03% cap rate and a 13.38% cash-on-cash return. As rents continue to be optimized and operations are further stabilized, the property offers the potential to achieve a 11.61% proforma cap rate and a 23.67% proforma cash-on-cash return. With a strong unit mix, desirable amenities, and solid in-place performance, 7250 S. Yale represents an excellent opportunity for investors seeking both immediate cash flow and future upside.

FOR SALE DETAILS

PRICE

$550,000 USD

PRICE/SF

$69 USD /SF

# OF UNITS

7

PRICE/UNIT

$78,571

CAP RATE

9.03%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1895

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

RT-4

APN/PARCEL ID

20-28-210-028-0000

ASK ABOUT THIS PROPERTY

Noah BirkKiser GroupMore Info
773-293-5090

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Noah BirkKiser GroupMore Info
773-293-5090

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.