6820 S Perry Avenue Chicago, IL $ 1,475,000
6820 S Perry Avenue
$ 1,475,000
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6820 S Perry Avenue

Chicago, IL, 60621
$ 1,475,000
Bedrooms2 Baths0.0

Monthly Estimate*

$ 9,082

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Multi-Family Home for sale in Chicago, IL

for $1,475,000 with 2 bedrooms. This home was built in 1926.

The unique opportunity to acquire a meticulously maintained 19-unit walk-up building. This exceptional property with Cap rate of 9.3 features spacious all two-bedroom units 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, new coping, lintel replacement, totally renovated main sewer service and security cameras. There is potential for a significant increase in rent amount 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.

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Multi-Family Active

Price

$ 1,475,000

Bedrooms

2

Property Type

Multi-Family

Taxes

$ 27,142

Style

Year Built

1926

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12497916

Features
General
Cooling None
Possession Closing
Roof Rubber
Construction Materials Brick
Year Built 1926
Tenant Pays Electricity
Stories Count 4
Tax Year 2024
Gross Income 248844
County Cook
Net Operating Income 137658
Operating Expense 111186
Insurance Expense 13000
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 15012
Status New
Directions 2 blocks West of 94 1 block East of Wentworth. Perry one way street heading North. Access from 69th street.
City Chicago
Number Of Units Total 19
MLS Area CHI - Greater Grand Crossing
Tax Annual Amount 27142.65
Electric Expense 1791
Fuel Expense 14397
Trash Expense 6361
Water Sewer Expense 7877
Additional Parcels Y/N N
Standard Status Active
Cap Rate 9.3
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Exterior
Foundation Details Concrete Perimeter
Lot Dimensions 8750
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* Excluded Features
List By
Taty Management Llc

Broker

ord89@aol.com

Email

Affordability Calculator

$11,344
Per Month
80%
20%
0%
Monthly Principal & Interest
$9,082
Monthly Property Taxes
$2,262
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/1/2026$1,475,000 Listed Price

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6820 S Perry Avenue, Chicago, IL, 60621 is a Multi-Family Home for sale at $1,475,000. 6820 S Perry Avenue has 2 bedrooms, 0.0 baths, and was built in 1926. The property's zip code is 60621 which is in Chicago, IL