7200 S. Bennett & 7421 S. Yates

7200 S. Bennett & 7421 S. Yates, Chicago, IL 60649

  • For Sale $4,700,000
  • Property Type Multi-Family
  • Property Size 42,600 SF
  • Units 52
  • Date Updated Feb 5, 2024
52 Units :: South ShoreKiser Group is pleased to exclusively present for purchase The Bennett Yates Portfolio, a two (2) building portfolio consisting of fifty-two (52) units located in Chicago's historic South Shore neighborhood. Situated in premier locations in one of Chicago's most rapidly appreciating neighborhoods, the assets are ideally located just blocks away from the Obama Presidential Library, Jackson Park, and Lake Michigan. The Bennett Yates Portfolio has an incredibly desirable unit mix. 7200 S. Bennett is comprised of twenty-five (25) 2Bd/1Ba & three (3) 1Bd/1Ba units, and 7421 S. Yates consists of eighteen (18) 1Bd/1Ba & six (6) 2Bd/1Ba units. All of which feature spacious floorplans with hardwood floors and have gone through varying degrees of updates both cosmetically and mechanically. Recent improvements to the buildings include, but are not limited to, modern boilers with R&D control system, updated kitchens & baths, newer porches, and an abundance of tuckpointing & masonry work. The Bennett Yates Portfolio provides an investor with the unique opportunity to obtain a stabilized, cash flowing portfolio in one of south sides most appreciating neighborhoods. With new projects such as the Obama Presidential Library and the Thrive Exchange development, investors can anticipate an influx of vibrancy and appreciation to the neighborhood.

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Highlights

  • 10.36% Cap Rate
  • Renovated Buildings
  • Prime South Shore Location
  • Two (2) Building Portfolio
  • Thirty-One (31) 2Bd/1Ba & Twenty-One (21) 1Bd/1Ba

Contacts

broker

Aaron Sklar

Kiser Group

(773) 293-5032

Location

Getting Around

  • Walk Score ®

    78/100 Very Walkable

  • Transit Score ®

    65/100 Good Transit

  • Bike Score ®

    58/100 Bikeable
Powered by Walk Score ®
  • City Chicago, IL
  • Neighborhood South Shore
  • Zip Code 60649
  • Market Chicago

Points of Interest

  • South Shore

    0.35 miles

  • Windsor Park

    0.36 miles

  • Bryn Mawr

    0.73 miles

  • Cheltenham (79th Street)

    0.85 miles

  • Stony Island

    1.20 miles

  • 83rd Street

    1.25 miles

  • 87th Street

    1.75 miles

  • 59th Street (University of Chicago)

    2.22 miles

  • South Chicago (93rd Street)

    2.45 miles

  • Cottage Grove

    2.49 miles

  • Amstar

    0.07 miles

  • GoLo

    0.46 miles

  • Fuel Star

    0.55 miles

  • Midwest

    0.57 miles

  • All Star

    0.58 miles

  • Citgo

    0.60 miles

  • BP

    1.04 miles

  • Mobil

    1.06 miles

  • BP

    1.06 miles

  • Shell

    1.14 miles

  • Dorchester Parking Lot

    2.15 miles

  • Lexington Parking Lot

    2.56 miles

  • 93rd (South Chicago)

    2.59 miles

  • Campus South Parking

    2.63 miles

  • Parkiing / Mat Mgmt

    2.81 miles

  • Medical Campus Parking Garage A

    2.86 miles

  • Campus North Parking Garage

    2.97 miles

  • Medical Campus Parking Garage B

    3.00 miles

  • Garfield Park & Ride

    3.67 miles

  • City of Chicago Auto Pound

    3.98 miles

  • South Shore Motel

    1.32 miles

  • East of the Ryan

    1.95 miles

  • Empire Motel

    2.02 miles

  • The Study at the University of Chicago

    2.31 miles

  • Skyway Motel

    2.41 miles

  • Best Motel

    2.75 miles

  • Admiral Motel

    2.96 miles

  • Hyatt Place Chicago-South/University Medical Center

    3.00 miles

  • Sophy Hotel

    3.01 miles

  • Chicago Lake Shore Hotel

    3.30 miles

  • Taste Jamaica

    0.10 miles

  • L&G Restaurant

    0.29 miles

  • Kennedy Fish and Chicken

    0.29 miles

  • Majani

    0.32 miles

  • Rainbow Beach Sub Shop

    0.34 miles

  • Hoagy House

    0.39 miles

  • Ming's Chop Suey

    0.39 miles

  • Magal Restaurant

    0.41 miles

  • Ta'golazo

    0.45 miles

  • Big Sharks

    0.46 miles

  • Robert A. Black Magnet Elementary School

    0.41 miles

  • Second Chance Tutoring

    0.42 miles

  • Saint Phillip Neri School

    0.50 miles

  • Edward A. Bouchet Math & Science Academy

    0.50 miles

  • Adam Clayton Powell, Jr. Paideia Academy

    0.51 miles

  • South Shore International College Preparatory High School

    0.57 miles

  • Bradwell Elementary School

    0.57 miles

  • O'Keeffe Elementary School

    0.72 miles

  • Our Lady of Peace School

    0.73 miles

  • Former South Shore High School

    0.73 miles

  • Kenyatta's Day Care and Learning Center

    0.09 miles

  • Ada S. McKinley, Ersula Howard Child Care Center

    0.26 miles

  • DJ Brooks Child Development Center

    1.19 miles

  • Shining Star Child Development

    2.33 miles

  • Restoring the Seed Childcare

    2.95 miles

  • UChicago Child Development Center - Drexel

    2.99 miles

  • Mari's Bumble Bee Academy

    3.00 miles

  • Shining Star Child Development

    4.24 miles

  • Daycare

    5.43 miles

  • Me & You Learning Academy

    6.24 miles

Frequently Asked Questions

What is the lease rate for 7200 S. Bennett & 7421 S. Yates?

Rental asking rate at 7200 S. Bennett & 7421 S. Yates is $2,350,000.00/YR.

What is the total square footage of 7200 S. Bennett & 7421 S. Yates?

7200 S. Bennett & 7421 S. Yates totals 42,600 square feet.

Looking for more in-depth information on this property?

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Contact Listing Broker

broker

Aaron Sklar

Kiser Group

(773) 293-5032