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7220 S Yates Boulevard Chicago, IL 60649 Multi Unit - Multiple New

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  • 7220 S Yates Boulevard, Chicago, IL 60649 Main Photo

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Description

FFully gut-renovated six-unit walk-up in Chicago's South Shore | One block from the South Shore Cultural Center, one block from the Metra, steps from Lake Michigan | Fully occupied, all units subsidized through Chicago Housing Authority | Four 2-bedroom and two 3-bedroom units each exceeding 1,200 sq ft with updated kitchens and baths, exposed brick, separate living and dining rooms, and front and rear sunrooms | Taken down to the studs in 2016 - new electrical, copper plumbing, windows, and full unit renovations throughout | On-site laundry and five rear parking spaces | Minutes from the Obama Presidential Center opening June 2026, and just south of the newly groundbroken Illinois Quantum & Microelectronics Park - a $9 billion lakefront campus on the former U.S. Steel South Works site expected to bring thousands of jobs to the South Side | Stabilized, turnkey asset at the center of one of Chicago's most active growth corridors |

Property Highlights

Property Type: Multi Unit - Multiple

General Information

County: Cook
Listed By:
Jameson Sotheby's Intl Realty 312-751-0300
MRED MLS
$800,000
Est. $5,081/mo
New to the Market New
BEDS0 BATHS MLS#12588325
STATUSNew PROPERTY TYPEMulti Unit - Multiple

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Ruhl&Ruhl Realtors
563.441.1776

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7220 S Yates Boulevard, Chicago, IL 60649.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $800,000$800,000$800,000
Down Payment $160,000$28,000$200,000
Monthly Mortgage Amount $3,735$4,584$4,863
Taxes $1113$1113$1113
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$352$0
Monthly Estimated Total $5,081$6,282$6,209

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