Sachs made a pretty solid chain, I'd check for stretch/wear first before planning around using it and saying whether it's compatible or not. At the same time, new chains are pretty cheap, but I've not tried out any new ones to see how they fit the older wide tooth chainrings. If you don't have a chain check tool, I'd mock it up with the donor chainring and see how it rides/shifts. Then upgrade front chainring from a drivetrain with less than 7 speeds at the rear, that's when compatibility started to get funky.
Also as sort of stated before, the rear cogs are likely proprietary to that Sachs freehub setup. So you'll be limited to what Sachs made in that era for replacement.