7741 S Yates Blvd Chicago, IL 60649
South Shore NeighborhoodEstimated payment $3,907/month
About This Home
Welcome to this exceptional South Shore three-flat offering timeless Chicago architecture, generous living space, and outstanding investment potential. This classic brick building features three spacious units, each thoughtfully designed with large room sizes, abundant natural light, hardwood flooring, separate dining rooms, and versatile den spaces that can easily serve as home offices, sitting rooms, or additional bedrooms. Rich in vintage character, select units showcase beautiful built-in bookcases and original architectural details that blend seamlessly with tasteful updates. The property is currently producing income with two units occupied, while the vacant third-floor unit presents an outstanding opportunity for an owner-occupant or savvy house hacker to move right in while offsetting their mortgage with rental income from the other two units. For investors, the unit is also being actively marketed for lease, offering the flexibility to bring the building to full occupancy and maximize cash flow. The partially finished basement offers additional usable space and is ready for your finishing touches, creating even more potential to add value. A common-area coin-operated laundry provides an additional income stream, while the detached brick 3-car garage offers valuable parking and the opportunity for supplemental rental income. Completing the property are a rear porch and ample storage, enhancing both functionality and tenant appeal. Ideally situated in the heart of South Shore, you'll enjoy convenient access to Lake Michigan, Rainbow Beach, Jackson Park, the South Shore Cultural Center, the future Obama Presidential Center, Metra and CTA transportation, shopping, dining, parks, and major expressways. Whether you're looking to expand your investment portfolio or take advantage of a rare owner-occupied house hacking opportunity, this is your chance to own a well-maintained, income-producing building in one of Chicago's most historic and steadily revitalizing lakefront neighborhoods. Schedule your private showing today!
Listing Agent
Keller Williams Preferred Realty License #475177288 Listed on: 08/05/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,066
Year Built
- Built in 1921 | Remodeled in 2023
Lot Details
- 3,920 Sq Ft Lot
Parking
- 3 Car Detached Garage
- Parking Available
- Garage Door Opener
- Off-Street Parking
- Parking Included in Price
Home Design
- Brick Exterior Construction
Interior Spaces
- Den
- Finished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 9 Bedrooms
- 9 Potential Bedrooms
- 3 Bathrooms
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
- 3 Units
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $3,600 | $30,100 | $2,790 | $27,310 |
| 2024 | $3,600 | $30,100 | $2,790 | $27,310 |
| 2023 | $3,497 | $17,000 | $4,650 | $12,350 |
| 2022 | $3,497 | $17,000 | $4,650 | $12,350 |
| 2021 | $3,419 | $17,000 | $4,650 | $12,350 |
| 2020 | $4,780 | $21,457 | $3,348 | $18,109 |
| 2019 | $4,899 | $24,384 | $3,348 | $21,036 |
| 2018 | $4,817 | $24,384 | $3,348 | $21,036 |
| 2017 | $1,162 | $5,399 | $2,976 | $2,423 |
| 2016 | $1,081 | $5,399 | $2,976 | $2,423 |
| 2015 | $989 | $5,399 | $2,976 | $2,423 |
| 2014 | $1,489 | $8,026 | $2,604 | $5,422 |
| 2013 | $5,404 | $29,714 | $2,604 | $27,110 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/05/2026 08/05/26 | For Sale | $620,000 | +103.3% | -- | |
| 01/30/2020 01/30/20 | Sold | $305,000 | -3.2% | -- | View Prior Sale |
| 11/19/2019 11/19/19 | Pending | -- | -- | -- | |
| 11/04/2019 11/04/19 | For Sale | $315,000 | +5.4% | -- | |
| 10/28/2016 10/28/16 | Sold | $299,000 | -0.3% | -- | View Prior Sale |
| 05/11/2016 05/11/16 | Pending | -- | -- | -- | |
| 05/11/2016 05/11/16 | Price Changed | $299,900 | +1.7% | -- | |
| 05/11/2016 05/11/16 | For Sale | $295,000 | +391.7% | -- | |
| 11/22/2013 11/22/13 | Sold | $60,000 | +0.2% | -- | View Prior Sale |
| 10/31/2013 10/31/13 | Pending | -- | -- | -- | |
| 09/30/2013 09/30/13 | For Sale | $59,900 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $305,000 | Altima Title Llc | |
| Warranty Deed | $299,000 | Fidelity Nationa Title | |
| Warranty Deed | $150,000 | First American Title | |
| Warranty Deed | -- | None Available | |
| Special Warranty Deed | $60,000 | Premier Title | |
| Sheriffs Deed | -- | None Available | |
| Deed | -- | None Available | |
| Deed | -- | -- | |
| Warranty Deed | $325,000 | Multiple | |
| Warranty Deed | $175,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $299,475 | FHA | |
| Previous Owner | $224,250 | Commercial | |
| Previous Owner | $221,250 | Commercial | |
| Previous Owner | $140,000 | Commercial |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12725305
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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.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
- 7732 S Phillips Ave
- 7741 S Oglesby Ave
- 7751 S Phillips Ave
- 7724 S Essex Ave
- 7641 S Phillips Ave
- 7726 S Kingston Ave
- 7840 S Essex Ave
- 1719 E 79th St
- 7717 S Luella Ave
- 7719 S Kingston Ave
- 7600 S Phillips Ave
- 7611 S Essex Ave
- 7914 S Essex Ave
- 7839 S Kingston Ave
- 7768 S Luella Ave
- 7909 S Essex Ave
- 2509 E 76th St Unit 1
- 2511 E 76th St Unit 3
- 7601 S Essex Ave Unit 2
- 7648 S Luella Ave
- 7741 S Yates Blvd Unit 3
- 7741 S Phillips Ave Unit 2
- 7825 S Yates Ave
- 7825 S Yates Blvd
- 7730 S Essex Ave Unit 2
- 7724 S Essex Ave Unit 2
- 7649 S Yates Blvd Unit 3
- 7821 S Phillips Ave Unit 3
- 7719 S Essex Ave Unit B
- 7737 S Kingston Ave Unit 3N
- 7759 S Kingston Ave
- 7743 S Kingston Ave
- 2540 E 78th St
- 2542 E 78th St
- 7841 S Kingston Ave Unit 1
- 7918 S Essex Ave Unit 3
- 7654 S Colfax Ave Unit 2
- 7601 S Kingston Ave
- 7935 S Essex Ave Unit 2
- 7833 S Colfax Ave Unit 3s
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