$1,549,000
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.
Property Details
Price:
$1,549,000
MLS #:
MRD12018436
Status:
Active
Beds:
0
Baths:
0
Address:
6820 S Perry Avenue
Type:
Commercial
City:
Chicago
Listed Date:
Apr 1, 2024
State:
IL
ZIP:
60621
Year Built:
1926
Schools
Interior
Cooling
Window Unit(s)
Exterior
Construction Materials
Brick
Financial
Buyer Agent Compensation
2%-$425Net Sale Price
Tax Year
2021
Taxes
$20,701
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
More About DebraMortgage Calculator
Map
Similar Listings Nearby
- 900 S Campbell Avenue
Chicago, IL$2,000,000
0.00 miles away
- 6656 S Woodlawn Avenue
Chicago, IL$2,000,000
0.00 miles away
- 1734 – 1736 W North Avenue
Chicago, IL$1,999,995
0.00 miles away
- 1143 N Rockwell Street
Chicago, IL$1,999,995
0.00 miles away
- 8212 S Drexel Avenue
Chicago, IL$1,999,900
0.00 miles away
- 1502 W Jackson Boulevard
Chicago, IL$1,999,000
0.00 miles away
- 1256 S Independence Boulevard
Chicago, IL$1,999,000
0.00 miles away
- 6303 N Troy Street
Chicago, IL$1,995,000
0.00 miles away
- 1013-1023 N Pulaski Road
Chicago, IL$1,990,000
0.00 miles away
- 3245 W 23rd Street
Chicago, IL$1,950,000
0.00 miles away
Courtesy of Barr Agency, Inc. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Chicago, IL. Detailed information about real estate listings held by brokerage firms other than Compass / The Debra Dobbs Group include the name of the listing broker. Neither the listing company nor Compass / The Debra Dobbs Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Chicago, IL. All rights reserved.
6820 S Perry Avenue
Chicago, IL
LIGHTBOX-IMAGES