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$400,000

  • For Sale
  • Active
  • Commercial
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7157 S Yale Ave is a 12-unit building in Chicago's southwest Englewood neighborhood. This building has a unit mix of 6 large one bed/one bath units (easily converted to 2 bedrooms), 3 two bed/one bath units, and 3 one bed,one bath units, varying in sq ft and projected market rent. This REO property will require rehab but is a solid building. Built in 1905 and boasting 11,181 sq ft of space, 7157 S Yale Ave offers a unique investment opportunity to contribute to the revitalization of Englewood. Property is also located in TIF district.

Full Property Details for 7157 S Yale Ave

General

  • Price: $400,000
  • HOA FEE: $5,000
  • Taxes: $4,430 (2023)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12519319
  • Updated: 11/23/2025
  • Added to Site: 60 day(s) ago

Location

  • Area: CHI - Greater Grand Crossing
  • County: Cook
  • Driving Directions: From the Dan Ryan, exit on to 71st Street and drive south on Lafayette Ave. Turn west (right) on to 72nd Street. Property is on the northeast corner of 72nd/Yale.

Heating & Cooling

  • Heating Type: Individual Furnaces

Utilities

  • Trash: 3000

Structural Information

  • Stories/Levels: 3
  • Year Built: 1905
  • Built Before 1978: Yes

Lot Features

  • Lot Size (Sq. Ft.): 7,320
  • Lot Dimensions: 60' x 121'
  • Zoning: MULTI

Financial Considerations

  • Maint. Fee: $5,000
  • Insurance Fee: $6,000
  • Operating Expenses: $33,380
  • Assessment Year: 1905
  • Tax Amount: $4,430
  • Tax Year: 2023
  • Tenant Pays: Electricity, Heat
  • Pays Electric: 900
  • Pays Trash: 3000

Disclosures and Reports

  • Property ID: 20282030100000

Listed by Compass

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— 7157 S Yale Ave —

  • Compass

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 7157 S Yale Ave

School District:Chicago Public School District 299
NameGradesDistance
Harvard Elementary School
7525 South Harvard Avenue, Chicago, IL 60620
K-80.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 7157 S Yale Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/17/2025
Listed
$400,000
-56.04%
MLS
11/16/2020
Sold
$910,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 7157 S Yale Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,431
3%
$21,000
—
2022
$4,319
2%
$21,000
—
2021
$4,223
48%
$21,000
64%
2020
$2,847
-2%
$12,782
-12%
2019
$2,918
2%
$14,525
—
2018
$2,869
-43%
$14,525
-38%
2017
$5,056
7%
$23,487
—
2016
$4,704
9%
$23,487
—
2015
$4,304
-4%
$23,487
-3%
2014
$4,478
2%
$24,136
—
2013
$4,390
1%
$24,136
—
2012
$4,331
—
$24,136
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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7157 S Yale Avenue, Chicago, IL 60621 (MLS# 12519319) is a Commercial property. 7157 S Yale Avenue is currently listed for $400,000 and was received on November 17, 2025. Want to learn more about 7157 S Yale Avenue? Do you have questions about finding other Commercial real estate for sale in Greater Grand Crossing? You can browse all Greater Grand Crossing real estate or contact a Coldwell Banker agent to request more information.

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