7220 S Yates Blvd Chicago, IL 60649
South Shore NeighborhoodEstimated payment $4,905/month
About This Home
FFully gut-renovated six-unit walk-up in Chicago's South Shore | One block from the South Shore Cultural Center, one block from the Metra, steps from Lake Michigan | Fully occupied, all units subsidized through Chicago Housing Authority | Four 2-bedroom and two 3-bedroom units each exceeding 1,200 sq ft with updated kitchens and baths, exposed brick, separate living and dining rooms, and front and rear sunrooms | Taken down to the studs in 2016 - new electrical, copper plumbing, windows, and full unit renovations throughout | On-site laundry and five rear parking spaces | Minutes from the Obama Presidential Center opening June 2026, and just south of the newly groundbroken Illinois Quantum & Microelectronics Park - a $9 billion lakefront campus on the former U.S. Steel South Works site expected to bring thousands of jobs to the South Side | Stabilized, turnkey asset at the center of one of Chicago's most active growth corridors |
Listing Agent
Jameson Sotheby's Intl Realty Brokerage Phone: (847) 714-2913 License #475156088 Listed on: 03/10/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,452
Year Built
- Built in 1915
Home Design
- Flat Roof Shape
- Brick Exterior Construction
Utilities
- Window Unit Cooling System
- Radiator
- Cable TV Available
Additional Features
- 3-Story Property
- Lot Dimensions are 50' x 124'
- Unfinished Basement
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $407
- Fuel Expense $9,242
- Insurance Expense $13,000
- Maintenance Expense $3,000
- Manager Expense $6,600
- Other Expense $9,635
- Trash Expense $3,660
- Water Sewer Expense $2,724
- Operating Expense $54,325
- Gross Income $121,908
- Net Operating Income $61,488
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,515 | $46,900 | $5,625 | $41,275 |
| 2024 | $6,515 | $46,900 | $5,625 | $41,275 |
| 2023 | $6,329 | $30,771 | $7,813 | $22,958 |
| 2022 | $6,329 | $30,771 | $7,813 | $22,958 |
| 2021 | $6,188 | $30,770 | $7,812 | $22,958 |
| 2020 | $4,608 | $20,685 | $7,812 | $12,873 |
| 2019 | $4,670 | $23,242 | $7,812 | $15,430 |
| 2018 | $4,591 | $23,242 | $7,812 | $15,430 |
| 2017 | $5,362 | $24,906 | $6,875 | $18,031 |
| 2016 | $1,374 | $8,895 | $6,875 | $2,020 |
| 2015 | $4,481 | $27,078 | $6,875 | $20,203 |
| 2014 | $4,571 | $27,207 | $5,625 | $21,582 |
| 2013 | $4,470 | $27,207 | $5,625 | $21,582 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/10/2026 03/10/26 | For Sale | $800,000 | +60.0% | -- | |
| 05/07/2020 05/07/20 | Off Market | $500,000 | -- | -- | |
| 02/07/2020 02/07/20 | Sold | $500,000 | -7.4% | -- | View Prior Sale |
| 10/30/2019 10/30/19 | Pending | -- | -- | -- | |
| 09/10/2019 09/10/19 | For Sale | $540,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12588325
APN: 20-25-213-017-0000
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
- 7219 S Yates Blvd Unit 72193A
- 7209 S Yates Blvd Unit 72092B
- 7308 S Yates Blvd Unit 1
- 7235 S Exchange Ave
- 7237 S Exchange Ave
- 2348 E 71st St Unit P18
- 2348 E 71st St Unit P-44
- 7317 S Luella Ave
- 7327 S Kingston Ave Unit 1
- 7412 S Phillips Ave
- 2469 E 74th St
- 7003 S Oglesby Ave
- 2234 E 70th Place Unit 1
- 2233 E 70th Place Unit 1
- 7329 S Coles Ave
- 2230 E 70th Place Unit 204
- 2221 E 70th Place Unit 1C
- 7037 S Crandon Ave Unit 219
- 2445 E 74th Place
- 7316 S South Shore Dr
- 2430 E 73rd St
- 7131-7145 S Yates Blvd
- 7350 S Phillips Ave
- 7022 S South Shore Dr
- 2358 E 70th Place
- 7220 S Shore Dr
- 7000 S South Shore
- 2373 E 70th St
- 2327 E 70th St Unit 29-3
- 2327 E 70th St Unit 27-3
- 2209 E 70th St Unit 1E
- 2209 E 70th St Unit 2
- 7446 S Luella Ave Unit 2
- 2650-2652 E 74th St Unit 1
- 6930-6942 S Crandon Ave
- 7515 S Essex Ave Unit 2
- 7515 S Essex Ave Unit 3
- 7515 S Essex Ave Unit 1
- 6942 S Crandon Ave Unit 36-2N
- 6942 S Crandon Ave Unit 36-3S
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