Meticulously Maintained 19-Unit
For Sale
$1,349,000
6820 S Perry Avenue, Chicago, IL 60621
Well-maintained 19-unit building near transportation and downtown Chicago.
Property SizeContact for details
Days on Market175
Property Features for 6820 S Perry Avenue
General Information
Standard status
Active
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$27,142
Building Details
Year Built
1926
Stories
4
Units
19
Listing Agency:
Taty Management LLC
(773) 771-6415
Listed By:
Calin Paunescu · License #471021245
(773) 771-6415
Source:
Midwestrealestate
Added: Mar 1
Changed: Aug 23
Last Checked: Aug 14 at 7:05AM
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
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
645
Businesses Nearby
Explore this area
Business Placement
Demographics for 60621, IL
29,570
Population
15,348
Households
1.9
Avg Household Size
36
Median Age
12%
College-Educated
78%
High-School Grad
3.8 sq mi
ZIP Area
7,782
Density / Sq Mi
$33,235
Median Household Income
$29,961
Median Earnings
$1,017
Median Rent
$161,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
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 Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,349,000.
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
