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7613 S Yates Blvd - AIA /// 6 UNITS /// SOUTH SHORE

6 Unit Apartment Building Offered at £422,115 at a 9.72% Net Initial Yield in Chicago, IL 60649

Investment Highlights

  • SOUTH SHORE NEIGHBORHOOD
  • ALL LARGE 5.5 ROOM 2-BEDROOM APARTMENTS
  • FULL COPPER PLUMBING
  • PREVIOUSLY GUT-RENOVATED
  • TENANT-PAID HEAT & CENTRAL AIR
  • UPGRADED ELECTRIC

Executive Summary

Apartment Investment Advisers, LLC ("AIA") has been granted the exclusive right to market and sell the subject property.
AIA is a Chicago-based commercial real estate brokerage firm focused exclusively on the marketing and sale of multifamily properties throughout the Chicago metropolitan area. The firm has represented it's clients in the sale of more than 500 apartment buildings totaling in excess of 10,000 apartment units and over $1,000,000,000 in sales volume.
For more information, please contact AIA:
info@aia-chicago.com | aia-chicago.com | 773.799.9299

Property Facts

Price £422,115
Price Per Unit £70,352
Sale Type Investment
Net Initial Yield 9.72%
Gross Rent Multiplier 6.06
No. Units 6
Property Type Residential
Building Class C
Building Size 10,000 SF
Average Occupancy 100%
Number of Floors 3
Year Built/Renovated 1926/2015
Opportunity Zone Yes
Walk Score ®
Very Walkable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
21-30-307-002-0000
Land Assessment
£4,393
Improvements Assessment
£34,343
Total Assessment
£38,736
  • Listing ID: 31966204

  • Date on Market: 30/05/2024

  • Last Updated:

  • Address: 7613 S Yates Blvd, Chicago, IL 60649

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