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6820 S Perry Avenue,  Chicago IL, 60621

(Active)
$1,549,000
|
|
MLS# 12018436
Last Updated: 5/15/2024 9:29 PM
Description for 6820 S Perry Avenue Chicago, IL 60621
The unique opportunity to acquire a meticulously maintained 19-unit walk-up building in the Greater Grand Crossing neighborhood of Chicago. This exceptional property features spacious all two-bedroom units, each offering 1,000 sq f of living space adorned with beautiful hardwood floors. The property has undergone several notable improvements, including newer windows, all copper plumbing, a high-efficiency boiler, updated electric systems, a new fence, and recent tuckpointing and security cameras. There is potential for a significant increase in rent amount achieving a 12.2 cap rate, with the possibility to use an existing management company Taty Management. Conveniently situated just 9.3 miles south of Chicago's downtown loop area. It is located near "Chicago Transportation Authority" (CTA) 69th Street Red Line train station, ensuring easy commuting options for residents. Additionally, the proximity to the I-94 Expressway and several CTA bus stops, including 24, 67, and 167 routes.
Price
$1,549,000
Cook
12018436
Active
Description
The unique opportunity to acquire a meticulously maintained 19-unit walk-up building in the Greater Grand Crossing neighborhood of Chicago. This exceptional property features spacious all two-bedroom units, each offering 1,000 sq f of living space adorned with beautiful hardwood floors. The property has undergone several notable improvements, including newer windows, all copper plumbing, a high-efficiency boiler, updated electric systems, a new fence, and recent tuckpointing and security cameras. There is potential for a significant increase in rent amount achieving a 12.2 cap rate, with the possibility to use an existing management company Taty Management. Conveniently situated just 9.3 miles south of Chicago's downtown loop area. It is located near "Chicago Transportation Authority" (CTA) 69th Street Red Line train station, ensuring easy commuting options for residents. Additionally, the proximity to the I-94 Expressway and several CTA bus stops, including 24, 67, and 167 routes.
Listing Information
Property Type: Multi-Family, Business Opportunities, 3+ Story
0.2 Acres 1926 4
Brick
19 Total
Neighborhood
Room Information
Interior Features
Window Unit(s)
Exterior / Lot Features
Brick
8750
Driving Directions
2 blocks west of 94, 1 block east of Wentworth. Perry a one way street heading north. Access from 69th.
Financial Considerations
20214070150000
$20,701
Listing Price History

Chicago Real Estate

Chicago is located in Illinois. Chicago, Illinois 60621 has a population of 2,781,445.

The median household income in Chicago, Illinois 60621 is $25,968. The median household income for the surrounding county is $68,916 compared to the national median of $66,222. The median age of people living in Chicago 60621 is 38 years.

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Courtesy: Barr Agency, Inc
Listings courtesy of MRED as distributed by MLS GRID

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This content last refreshed on 5/15/2024 9:29 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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