$169,900
6850 S Perry Avenue
Chicago, IL, 60621
Calling all savvy investors! This rare, family-owned 3-flat presents an exceptional chance to secure a value-added asset with immediate income potential. Nestled in a prime location, the property boasts timeless charm blended with functional versatility, starting with its enclosed porches that extend living spaces and offer additional usable square footage. Inside, the formal living and dining room layout exudes classic appeal, providing a sophisticated foundation that tenants or future buyers will appreciate. Clean, well-maintained common areas further enhance the building’s marketability, ensuring a turnkey opportunity for investors ready to optimize returns. Two of the three units are currently occupied under leases extending through May 2025, with tenants already notified of the building’s sale for a seamless transition to new ownership. One unit is vacant and available for viewing, allowing experienced investors to assess the space firsthand and envision its upside potential-whether through updates, rent increases, or a full renovation of the entire building. Priced to sell quickly and decisively, this property is offered strictly AS IS, with no contingencies for inspection. This is a rare chance to acquire a well-maintained, family-held asset with minimal hurdles-perfect for investors who move with confidence and clarity. Due diligence is encouraged upfront, as this unique offering will not linger on the market. Act now to secure this one-of-a-kind investment before it’s gone. Schedule your private showing today-serious inquiries only, with proof of funds or pre-approval required.
Property Details
Price:
$169,900
MLS #:
MRD12284506
Status:
Active Under Contract
Beds:
6
Baths:
4
Address:
6850 S Perry Avenue
Type:
Multi Family
Neighborhood:
CHI – Greater Grand Crossing
City:
Chicago
Listed Date:
Feb 5, 2025
State:
IL
ZIP:
60621
Year Built:
1906
Schools
School District:
299
Interior
Heating
Natural Gas, Steam
Exterior
Roof
Tar/ Gravel
Financial
Tax Year
2022
Taxes
$2,674
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
More About DebraMortgage Calculator
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6850 S Perry Avenue
Chicago, IL
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