7241 S Yale Avenue, Chicago, IL 60621
Cook County
Key Facts
Description
Investor special in the heart of Chicago! This 2-story brick property at 7241 S Yale Ave is a prime rehab opportunity with tons of potential. Featuring a spacious layout, this home is ready for a full renovation-perfect for experienced investors or savvy buyers looking to add value. Ideal for a fix-and-flip or long-term rental hold. Located on a residential block with easy access to public transportation, schools, and local amenities. Sold AS-IS. No survey. Buyer to verify zoning and take subject to any municipal requirements. Utilities will not be activated. Bring your vision and unlock the upside potential of this property! *Property not for rent - beware of rental scams.*
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Year Built
1913
Lot Dimensions
3050
Garage Spaces
2
Parking Spaces
2
Ownership
Fee Simple
Days on Market
114
MLS® Listing#
12600193
Property Features
Heating
Basement
Parking
Construction
Sewer
Water Source
Financial Details
Annual Taxes
$1,059
Tax year 2023
Parcel Number
20282110080000
Directions
On Yale between 72nd and 73rd
Affordability Calculator
$22,980
Estimated monthly payment
$612/mo
Principal $91,920 · Est. interest $128,237 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Chicago, IL
- $387,475
- Median Listing Price
- 32
- Median Days on Market
- 1,406
- Median Sq Ft
- $283
- Median Price / Sq Ft
- 4,255
- Active Listings
- This home’s price is 70% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Chicago, IL.
Location
Getting Around
Points of Interest in Chicago, IL
Showing the Chicago area map.
Nearby Schools
Deneen Elementary School
Elementary · 0.4 mi away
Chicago Public Schools
Elementary · 0.4 mi away
Chicago Sda Academy
School · 0.5 mi away
Englewood Stem High School
Secondary · 0.6 mi away
Chicago Public Schools
School · 0.6 mi away
Dr Martin Luther King, Junior Academy of Social Justice
Elementary · 0.6 mi away
Parker Community Academy
School · 0.6 mi away
Robeson High School
Secondary · 0.6 mi away
Brownell Elementary School
Elementary · 0.8 mi away
Benjamin E. Mays Elementary Academy
Elementary · 0.8 mi away
Barbara A. Sizemore Academy
Elementary · 0.9 mi away
Mahalia Jackson Elementary
Elementary · 0.9 mi away
Guggenheim Elementary School
Elementary · 0.9 mi away
Oglesby Elementary School
Elementary · 0.9 mi away
Community Youth Development Institute
Secondary · 1.0 mi away
Chicago Public Schools
Elementary · 1.0 mi away
Chicago Public Schools
Elementary · 1.0 mi away
Chicago Public Schools
Elementary · 1.0 mi away
Stagg Elementary School
Elementary · 1.0 mi away
Park Manor Elementary School
Elementary · 1.0 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 4850 S Lake Park Avenue 1201, Chicago, IL | $83,500 | 3 | 2 | 1,500 |
| 6912 S Woodlawn Avenue, Chicago, IL | $84,900 | 3 | 2 | 1,338 |
| 6752 S Langley Avenue, Chicago, IL | $85,000 | 7 | 2 | — |
| 7243 S Sangamon Street, Chicago, IL | $85,000 | 6 | 2 | — |
| 6942 S Eggleston Avenue, Chicago, IL | $86,700 | 3 | 2 | — |
| 12014 S Normal Avenue, Chicago, IL | $87,500 | 4 | 1 | 1,292 |
Moving Cost Estimate
EXIT Agents in Chicago
Listing Courtesy: Parkvue Realty Corporation - 3127884040
Last Updated: 2026-03-24