Multifamily Housing
7840 South Yates Boulevard Chicago, IL 60649
Details & Description
Price: $250,000
    SVN Chicago Commercial is pleased to present an 8-unit multifamily property located in Chicago's south side neighborhood of South Shore. The building consists of [3] 1 bedroom and [5] 2 bedroom, 1 bath units. Recent improvements to the property include individual gas forced heat and hot water tanks in each unit. The property, built in 1963, is zoned RT-4 and situated on a 6,165 sqft. parcel of land.HighlightsIndividual Gas Forced HeatIn-Unit Hot Water TanksDesirable Unit Mix: [5] 2 Bedroom, 1 BathProximity to Public Transportation
    Listing Agents
    Jeffrey Baasch

    O: 312-676-1873
    M: 312-286-0141
    Jeffrey.baasch@svn.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    7840 South Yates Boulevard

    Chicago, IL 60649

    South Shore 8-Unit Multifamily

    Listing ID: 219474
    • 7840 South Yates Boulevard Chicago, IL 60649 | for Sale | Photo 1
    • 7840 South Yates Boulevard Chicago, IL 60649 | for Sale | Photo 2
    • 7840 South Yates Boulevard Chicago, IL 60649 | for Sale | Photo 3
    7840 South Yates Boulevard | for Sale | Thumbnail 1
    7840 South Yates Boulevard | for Sale | Thumbnail 2
    7840 South Yates Boulevard | for Sale | Thumbnail 3
    Building Size: 6,800 SF
    Lot Size: 0.142 AC
    Land Size: 6,165 SF
    Building $/SF: $36.76
    Land $/SF: $40.55
    Price
    $250,000
    Description

    SVN Chicago Commercial is pleased to present an 8-unit multifamily property located in Chicago's south side neighborhood of South Shore. The building consists of [3] 1 bedroom and [5] 2 bedroom, 1 bath units. Recent improvements to the property include individual gas forced heat and hot water tanks in each unit. The property, built in 1963, is zoned RT-4 and situated on a 6,165 sqft. parcel of land.

    Highlights

    Individual Gas Forced Heat

    In-Unit Hot Water Tanks

    Desirable Unit Mix: [5] 2 Bedroom, 1 Bath

    Proximity to Public Transportation

    Attachments & Files

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Chicago History of Multifamily Housing for Sale

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    Chicago Area Market Trends

    Listing Demographics for 7840 South Yates Boulevard Chicago, IL 60649

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population47,163205,435448,077
    Population Median Age373938
    Population by Age0-9 Yrs6292 (13%)24964 (12%)52907 (11%)
    10-19 Yrs6490 (13%)26343 (12%)56478 (12%)
    20-29 Yrs7095 (15%)30412 (14%)75557 (16%)
    30-39 Yrs6178 (13%)25846 (12%)59840 (13%)
    40-49 Yrs6199 (13%)25137 (12%)52138 (11%)
    50-59 Yrs5654 (11%)27036 (13%)55864 (12%)
    60-69 Yrs4537 (9%)23490 (11%)49444 (11%)
    70+ Yrs4719 (10%)22207 (10%)45850 (10%)
    Median HH Income$36,896$34,641$37,672
    Total Household Income< 24K6713 (35%)34317 (39%)70756 (37%)
    25-49K4790 (25%)20716 (23%)43784 (22%)
    50-74K2675 (14%)12275 (14%)28010 (14%)
    75-99K1966 (10%)8154 (9%)18511 (9%)
    100-199K2289 (12%)9480 (10%)24307 (12%)
    200K+304 (1%)2359 (2%)5672 (2%)
    Highest Education LevelNo Diploma30091696538661
    Diploma or GED90533748175512
    Some College85983872975279
    Assoc. Degree28671130222221
    Bachelors Degree43411924546741
    Higher Degree28751553943840
    Total Housing Units24,135107,503232,890
    --Owner-Occupied6,02630,62968,174
    --Renter-Occupied12,71156,672122,865
    Owner-Occupied Values< 100K1488790215824
    100-199K26821398332789
    200-299K1263525610513
    300-399K26513983346
    400-499K1008161999
    500K+22812743702
    Total Working Age Population36,964165,147362,557
    In Work Force22,94897,973216,374
    Not In Work Force14,01767,174146,183
    Workforce Employed19,41682,630183,823
    Workforce Unemployed3,52215,32532,319
    Civlian Workforce22,93897,955216,142
    Military Workforce1017232
    Total Households18,73787,301191,039
    Family Households9,27141,47292,120
    Non-Family Households9,46545,82998,919
    Married Couple3,13514,25735,362
    Other Family6,13727,21456,759
    Married w/Child1,3985,13012,826
    Single Male w/Child2321,4013,294
    Single Female w/Child2,57410,90022,126

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Illinois12,419,293+312,830,632+1214,316,487+615,138,849
    Cook County5,376,741-35,194,675+105,707,832+55,990,243
    Will County502,266+35677,560+34907,625+201,093,207
    Indiana6,080,485+76,483,802+46,738,573+47,014,880
    Lake County484,564+2496,005-3479,815+1482,321

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 7840 South Yates Boulevard in Chicago?
    The asking price for 7840 South Yates Boulevard is $250,000
    What is the building size of this Multifamily property in Chicago, IL?
    The size of the building/unit at 7840 South Yates Boulevard in Chicago is 6,800 square feet
    How much land does the Chicago, IL property at 7840 South Yates Boulevard include?
    7840 South Yates Boulevard in Chicago includes 0.142 acres of land
    What is the population within 1 mile of 7840 South Yates Boulevard in Chicago?
    The population within 1 mile of 7840 South Yates Boulevard Chicago, IL 60649 is 47,163 people.
    Who do I contact for questions about 7840 South Yates Boulevard?
    You should contact the listing agent, Jeffrey Baasch, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Chicago Midway International Airport (MDW) 10
    Chicago O'Hare International Airport (ORD) 23
    South Bend Regional Airport (SBN) 64
    Price
    $250,000
    Listing Agent
    More listings from Jeffrey Baasch
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