Date
Details
Price
Change
Source
3/24/2026
Listed
$124,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/26
$124,900
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1/26
Property 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. Bring your vision and unlock the upside potential of this property! *Property not for rent - beware of rental scams.*
Full Property Details
Full Property Details for 7241 S Yale Ave
General
- Price: $124,900
- Taxes: $1,059 (2023)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12600193
- Updated: 3/30/2026
- Added to Site: 11 day(s) ago
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 4
- Upper - Full Baths: 4
Bedrooms
- Total Bedrooms: 4
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Yes, Garage Owned, Detached, Garage
Location
- Area: CHI - Greater Grand Crossing
- County: Cook
- Township: Lake
- Driving Directions: On Yale between 72nd and 73rd
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Unfinished, Full
- Year Built: 1913
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 3050
Financial Considerations
- Assessment Year: 1913
- Tax Amount: $1,059
- Tax Year: 2023
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: REO/Lender Owned
- Property ID: 20282110080000
Listed by Parkvue Realty Corporation
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Listing agents
— 7241 S Yale Ave —
Parkvue Realty Corporation
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NMLS#: 1598647
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Schools
Schools serving 7241 S Yale Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Harvard Elementary School 7525 South Harvard Avenue, Chicago, IL 60620 | K-8 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7241 S Yale Ave
Tax History
Tax History for 7241 S Yale Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,059
5%
$8,999
—
2022
$1,007
—
$8,999
—
2021
$1,006
14%
$8,999
17%
2020
$886
-5%
$7,701
-12%
2019
$932
2%
$8,752
—
2018
$914
-54%
$8,752
-34%
2017
$1,969
-2%
$13,198
—
2016
$2,000
11%
$13,198
—
2015
$1,800
9%
$13,198
9%
2014
$1,644
3%
$12,161
—
2013
$1,597
13%
$12,161
—
2012
$1,419
—
$12,161
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7241 S Yale Ave
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- Single Family
- Active
- Updated 5 days ago
- 3Beds
- 1Total Bath
- 1,008Sq. Ft.
Listed by Lisa Clemente (708) 268-8641
- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 2Total Baths
- 1,625Sq. Ft.
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- Single Family
- Closed
- Updated 9 days ago
- 2Beds
- 1Total Bath
- 851Sq. Ft.
7241 S Yale Avenue, Chicago, IL 60621 (MLS# 12600193) is a Multi-Family property with 2 units containing 4 bedrooms and 0 full bathrooms. 7241 S Yale Avenue is currently listed for $124,900 and was received on March 24, 2026. Want to learn more about 7241 S Yale Avenue? Do you have questions about finding other Multi-Family 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.