8016 South Yates Boulevard

Chicago, IL 60617

$1,150,000
Price
17
Beds
11
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Investors nice area. (8016-8022 s yates) conveniently located near lakeshore drive or easy access to expressways and public transportation. Beautifully rehabbed california style building. This property was rehabbed in 2021. Fully occupied. This property offers 5 (1 bedrooms) and 6 (2 bedrooms). New front & back porch; newer roof; coin-operated laundry; assigned parking. 11 wall-unit a/c; tenants pay cooking, heat and electric. Updated in-unit service panels. Make your appointment today. Great investment!Investors nice area. (8016-8022 s yates) conveniently located near lakeshore drive or easy access to expressways and public transportation. Beautifully rehabbed california style building. This property was rehabbed in 2021. Fully occupied. This property offers 5 (1 bedrooms) and 6 (2 bedrooms). New front & back porch; newer roof; coin-operated laundry; assigned parking. 11 wall-unit a/c; tenants pay cooking, heat and electric. Updated in-unit service panels. Make your appointment today. Great investment!
  1. Listed by Veronica Smith • Alliance Associates Realtors
  2. Listed by Toussaint Smith • Alliance Associates Realtors, Inc.

Property Details for 8016 South Yates Boulevard

Area
CHI - South Chicago
Township
Hyde Park
Num of Interior Fireplaces
0
Zoning
MULTI

Location

Listing Courtesy of Alliance Associates Realtors; Alliance Associates Realtors, Inc.
Add your commute
LISTING UPDATED: 04/23/2024 08:04 AM

Property Details for 8016 South Yates Boulevard

StatusPrice Change
MLS #12019743
Days on Market29
Taxes$10,684 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Corridor-Exterior Entrance
Year Built1960
Lot Size0.96 AC / 41,817 SF
CountyCook County

Location

Listing Courtesy of Alliance Associates Realtors; Alliance Associates Realtors, Inc.
Add your commute

Building Information for 8016 South Yates Boulevard

Stories-Residences11Year Built1960Building Size-Lot Size0.96 AC / 41,817 SF

Payment Calculator

$7,166 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,276

Property Taxes

$890

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 8016 South Yates Boulevard

General Information
Addtl Parking Information
  • Outdoor Parking: 6-12 Spaces
  • Open Parking Spaces: 8.0
Location and General Information
  • Information: List Broker Must Accompany
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Air Conditioning: Wall Sleeve
  • Electric: Circuit Breakers
  • # Of Washers: 2
  • Heat/Ventilation: Forced Air,Gas
  • # Of Window/Ac: 11
  • # Of Refrigerators: 11
  • Misc Inside: Inside Corridor/s
  • # Of Dryers: 2
  • # Of Disposals: 0
  • # Of Dishwashers: 0
  • Num of Baths: 11.0
Exterior Features
  • Building Unit Info: Smoke/Alarm Detector
Utilities / Equipment
  • Utilities: Water-Municipal
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Air Conditioning, Electricity, Heat
  • Built Before 1978: Yes
  • Approximate Age: New Rehab
  • Multi-Family Type: Corridor-Exterior Entrance
  • Lot Dimensions: 4416
  • Stories: 3
  • Exterior Building Type: Brick
  • Roof Type: Reflective Coating
  • Roof Structure: Flat
  • Lot Size Source: County Records
  • # Of Ranges: 11
  • MRD_UNC: No
Property and Assessments
  • Buyer Financing: Conventional, Cash
  • Public Document Count: 0
  • Photos Count: 16
Miscellaneous
  • Current Use: Multi-Family
  • Land Amenities: Curbs and Gutters,Sidewalks
  • Location: In City Limits
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 11
Income & Expenses
  • Electric Expense: $75.00
  • Fuel Expense: $100.00
  • Gross Income: $144,000.00
  • Gross Scheduled Income: $144,000.00
  • Insurance Expense: $4,000.00
  • Maintenance Expense: $.00
  • Electric Expense Source: Broker Projection
  • Total Annual Expense Source: Owner Projection
  • Fuel Expense Source: Broker Projection
  • Insurance Expense Source: Broker Projection
  • Janitor Expense: 200
  • Repairs-Decor Expense Source: Broker Projection
  • Trash Expense Source: Broker Projection
  • Total Monthly Income: 12000
  • Water Expense Source: Broker Projection
  • Net Operating Income: $81,900.00
  • Operating Expense: $62,100.00
  • Other Expense: $200.00
  • Trash Expense: $400.00
  • Water Sewer Expense: $200.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 5
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 6
Unit 3
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 8016 South Yates Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 8016 South Yates Boulevard

Taxable ValueLand$3,974Additions$22,053Total$26,027
Tax Record2018$5,141 ($428 / month)
Home Facts
Stories3Lot Size4,537 SqFtStyleMulti-Family Res (5+ Units)Year Built1960CountyCOOKAPN20362150380000

Schools near 8016 South Yates Boulevard

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - K to 8
Charter - 10 to 12
Rating
School
Distance
Mann Elementary School
PublicPK to 8

Great Lakes Academy
CharterK to 8

YCCS-Sullivan House Alt HS
Charter10 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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8016 South Yates Boulevard is a multi-family home for sale in Chicago, IL 60617. This property was listed for sale on April 3, 2024 by Alliance Associates Realtors, it's currently listed at $1,150,000. This listing's school district is City Of Chicago School District 299. Nearby schools include Mann Elementary School, Chicago Vocational Career Academy High School and Great Lakes Academy. 8016 South Yates Boulevard is a 17-bed, 11-bath, multi-family home built in 1960.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Alliance Associates Realtors; Alliance Associates Realtors, Inc.

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 04/23/2024 08:04 AM. 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.