6820-6824 S Perry Ave - Apartments FOR SALE


Chicago, IL 60621- South Chicago
$1,495,000 USD
877-648-0208
6820-6824 S Perry Ave, Chicago, IL for Sale
$1,495,000 USD
Apartments - FOR SALE
1/20
null | 9.91% Cap Rate

6820-6824 S Perry Ave
Chicago, IL 60621
South Chicago


HIGHLIGHTS

  • 19 two bedroom units
  • Fully occupied
  • Recently renovated porches
  • Heavy foot traffic
  • Walking distance to public transportation
  • New windows

OVERVIEW

This well-maintained 19-unit property offers spacious two-bedroom apartments and has recently undergone significant upgrades, including tuckpointing, lintel replacements, a new porch, and updated windows. The property is fully occupied, with 100% of units leased, and presents a strong opportunity for a substantial rent increase. Professionally managed by Taty Management, LLC, this investment is ready for seamless ownership. Located within walking distance to public transportation, the property boasts convenience and accessibility for tenants.

FOR SALE DETAILS

PRICE

$1,495,000 USD

PRICE/SF

$42 USD /SF

# OF UNITS

19

PRICE/UNIT

$78,684

CAP RATE

9.91%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1926

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

R4, Chicago

APN/PARCEL ID

20-21-407-014-0000,20-21-407-015-0000

ASK ABOUT THIS PROPERTY

Calin PaunescuTaty Management LLCMore Info
877-648-0208

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Calin PaunescuTaty Management LLCMore Info
877-648-0208

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.