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$255,000
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Property Description
Investment Opportunity in South Shore! Brick 3-unit building offering tremendous potential in the revitalizing South Shore community. Each unit features spacious 3-bedroom/2 bath layouts with formal dining rooms, classic Chicago masonry construction, hardwood floors, large windows with plenty of natural light. The area has a strong rental demand. Legal 3-unit brick building located in the historic South Shore corridor of Chicago, just minutes from Lake Michigan, Jackson Park, the South Shore Cultural Center, and the future Obama Presidential Center development corridor. This property presents a strong opportunity for investors, owner-occupants, or buyers looking to build long-term wealth through multi-unit real estate. The building offers three residential units with spacious layouts, separate entrances, and strong rental potential. Ideal for buyers seeking to generate income while benefiting from long-term appreciation in a neighborhood experiencing ongoing redevelopment and public investment. Situated near public transportation, Metra Electric line, Lake Shore Drive, and major thoroughfares, the location provides convenient access to downtown Chicago, Hyde Park, and the University of Chicago campus. Nearby parks, beaches, golf course, and cultural attractions add to the area's appeal for both tenants and owners. This property may be a great fit for portfolio expansion, house-hacking strategies, or buyers looking to acquire multi-unit property in an established neighborhood with future growth potential. Property being SOLD AS IS/WHERE IS.
Full Property Details
Full Property Details for 7653 S Yates Blvd
General
- Sold For: $255,000
- Taxes: $6,550 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12585441
- Added to Site: 49 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 6
Bedrooms
- Total Bedrooms: 9
Additional Information
- Equipment: Water Heater-Gas
- Other Features: Commuter Bus, Interstate Access
Parking
- Garage: Yes
- Garage Spaces: 3
- Total Spaces: 3
- Parking Features: Yes, Garage Owned, Detached, Garage
Location
- Area: CHI - South Shore
- County: Cook
- Driving Directions: From 75th St, continue south on Yates Blvd; property sits on the right-hand (west) side of the street at 7653 S Yates Blvd look for brick multi-unit building."
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Steam
Utilities
- Water: Lake Michigan
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Partially Finished, Sleeping Area, Full
- Foundation: Concrete Perimeter
- Roof: Flat
- Year Built: 1926
- Built Before 1978: Yes
Unit Information
- Units in Building: 3
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 123.1 x 35 x 123.1 x 35
- Zoning: MULTI
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1926
- Tax Amount: $6,550.98
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: List Broker Must Accompany
- Property ID: 21303070100000
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Schools
Schools serving 7653 S Yates Blvd
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Bradwell Community Arts & Sci Elementary School 7736 South Burnham Avenue, Chicago, IL 60649 | K-8 | 0.4 mi |
South Shore Intl Col Prep High School 1955 East 75th Street, Chicago, IL 60649 | 12- | 0.6 mi |
Chicago Vocational Career Academy High School 2100 East 87th Street, Chicago, IL 60617 | 9-11 | 1.3 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 7653 S Yates Blvd
Date
Details
Price
Change
Source
3/31/2026
Sold
$255,000
—
MLS
3/06/2026
Listed
$255,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7653 S Yates Boulevard, Chicago, IL 60649 (MLS# 12585441) is a Multi-Family property that was sold at $255,000 on March 31, 2026. This property was listed by Tanesha Pratt from our Oak Lawn Office.Want to learn more about 7653 S Yates Boulevard? Do you have questions about finding other Multi-Family real estate for sale in South Shore? You can browse all South Shore real estate or contact a Coldwell Banker agent to request more information.


