7241 S Yale Avenue, Chicago, IL 60621 - Photo 1

1/1

$115,100

Sold
Closed
Multi-Family
4 Total Beds
2 Car Garage

1/1

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. Utilities will not be activated. 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

Sold For: $115,100
Taxes: $1,059 (2023)
Status: Closed
Type: Multi-Family
Source: MRED
MLS ID: 12600193
Added to Site: 156 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 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
Driving Directions: On Yale between 72nd and 73rd

School Information

School District: 299
Midd School District: 299

Heating & Cooling

Heating Type: Natural Gas

Utilities

Water: Public

Structural Information

Construction: Brick
Exterior Const.: Brick
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

Disclosures and Reports

Ownership: Fee Simple
Special Conditions: REO/Lender Owned
Property ID: 20282110080000

Listed by Parkvue Realty Corporation
Sold by American Real Estate Services

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— 7241 S Yale Ave —

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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

Date

Details

Price

Change

Source

7/30/2026

Sold

$115,100

0.17%

MLS

6/26/2026

Price Reduced

$114,900

-4.17%

MLS

5/01/2026

Price Reduced

$119,900

-4%

MLS

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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7241 S Yale Avenue, Chicago, IL 60621 (MLS# 12600193) is a Multi-Family property that was sold at $115,100 on July 30, 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.

7241 S Yale Ave Chicago, IL 60621