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6820 S Perry Ave Chicago, IL 60621

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For Sale
$1,475,000

Well-maintained 19-unit building near transportation and downtown Chicago.

Type:Multifamily
Added:
Mar 1, 2026
Days on Market:
31
Last Refresh:
Mar 17 at 1:16 pm

Property Features for 6820 S Perry Ave

General Information

Standard status
Active
Property subtype
Multifamily

Building Details

Year Built
1926

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Listing Contact
Calin Paunescu

Listing agent Calin Paunescu License #471021245

Listing office Taty Management LLC

Listing date Mar 1, 2026

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Taty Management LLC


Overview

Meticulously Maintained 19-Unit Building

This is a 19-unit walk-up building featuring spacious two-bedroom units with hardwood floors. The property has a Cap rate of 9.3 and has undergone improvements, including newer windows, all copper plumbing, a high-efficiency boiler, updated electric systems, a new fence, 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. The property is located 9.3 miles south of Chicago's downtown loop area and near the Chicago Transportation Authority (CTA) 69th Street Red Line train station. The property is also near the I-94 Expressway and several CTA bus stops, including 24, 67, and 167 routes.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.6287337
Latitude
41.7701957

FAQs

What type of property is this?
Apartment building - Well-maintained 19-unit building near transportation and downtown Chicago.
Where is this apartment building located?
The property is located at 6820 S Perry Ave Chicago, IL.
What is the asking price?
The asking price for this property is $1,475,000.
What are key features of this property?
This property features: High Cap Rate of 9.3; Spacious all two‑bedroom units with hardwood floors; Recent significant improvements: newer windows, copper plumbing, high‑efficiency boiler, updated electric, new fence, tuckpointing, coping, lintel replacement, renovated sewer, security cameras
More about this property
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