11514 S Yale Avenue, Chicago, IL 60628
New

$160,000
Active for Sale
 
Listing ID 11848469
Property Type Multi-Unit (5+)
County Cook
Township Lake
Neighborhood CHI - West Pullman
Total Tax $2,014
Tax ID 25214020240000
FEMA Flood Map fema.gov/portal
Year Built 1919
   
Virtual Tour
This solid brick corner 2-flat presents a standout opportunity for those looking to add a high-potential asset to their portfolio. Each unit features a classic two-bedroom, one-bathroom layout highlighted by original hardwood floors and the modern comfort of individual forced air and A/C. The building has benefited from significant recent capital improvements, providing a strong foundation for the next owner. A brand-new roof was installed in early 2024, followed by a series of 2025 upgrades including a new water heater for Unit 2, updated bathtub plumbing in Unit 1, a new garage motor, and a refreshed front door frame and siding. The property includes a full basement with ample space for storage and laundry hookups. Outside, the corner lot provides both a side and rear yard, along with a convenient two-car garage. Units are currently occupied with tenant-owned appliances, generating immediate monthly income (Unit 1 at $800; Unit 2 at $750). The property is being sold AS-IS, offering a straightforward path for a buyer ready to take advantage of a brick multi-unit with major systems already addressed.
Property Details
  • Built in 1919
  • 2 Units
Interior Features
  • Forced Air
  • Gas Fuel
Income/Expenses
  • Gross Income $18,600
  • Net Income $14,972
  • Operating Exp $3,628
  • Insurance Exp $1,900
  • Water Exp $1,500
Taxes and Fees
  • $2,014 Total Tax
  • Tax Year 2024
Listed By
Elias Masud
Compass
Office: 773-466-7150
Jarret Jarvis
Compass
Office: 773-466-7150
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