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33819211
33819212

11514 S Yale Avenue, Chicago, IL 60628

Compass
JJ
475190112
Compass
Listed by Compass
$160,000
3 days on market
Updated 1 day ago
Opportunity zone

11514 S Yale Avenue

Details
APN 25214020240000
Property Type Multifamily
Sub Type Apartment Building, Multi Family 5+
Units 2
NOI $14,972
Year Built 1919
Zoning MULTI

Multifamily | 2 Units

Marketing description

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.
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Listing Contacts

Compass
JJ
475190112
Compass
Listed by Compass

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$14,972.00
$1,247.67/mo

Valuation Metrics

0
DSCR
9.36%
Cap Rate
9.36%
ROI

Map

Zoning

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RS-3 ResidentialSingle FamilyResidential Single Unit District
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Last updated Apr 28, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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