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Residential Income Property
For Sale
Under Contract
$279,000

7121 S Perry Avenue, Chicago, IL 60621

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market183

Property Features for 7121 S Perry Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bedroom 5, Bedroom 4, Bathroom 1, Basement, Bedroom 3, Bathroom 2, Bedroom 1
Parking 1
Parking features Garage
Basement Exterior Entry, Unfinished, Walk-Out Access, Walk-Up Access, Full
Elementary school district 299
Middle school district 299
High school district 299
Directions 71st to Perry South to address.
Subdivision CHI - Greater Grand Crossing
Standard status Active Under Contract
APN 20282060060000

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 1621

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air

Building Details

Year built 1913
Building materials Brick
Listing Agency: Keller Williams ONEChicago · Keller Williams Realty
Listed By: Sarah Funches · License #475134553
Added: Feb 23 Changed: Aug 20 Last Checked: Aug 25 at 6:06AM
MLS# 12574719

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This for-sale residential income multifamily property is located at 7121 S Perry Avenue in Chicago, IL 60621. The listing is categorized as other multifamily properties and residential income properties.

The property is offered for $279,000. No additional building details, unit count, square footage, or amenity information were provided with the listing, so prospective buyers should confirm all operational and physical characteristics directly.

If you’re evaluating this asset for acquisition, the most important next step is to request the offering materials and verify the property’s current configuration and condition.

Key Highlights

  • Brick construction
  • Forced air heating with natural gas
  • Garage parking

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Dental Office Skin Care Clinic (Bike/Boat/Book/etc) Store Gym & Fitness Center Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

855
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - For sale residential income multifamily property in Chicago, IL, listed at $279,000.
Where is this multifamily property located?
The property is located at 7121 S Perry Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $279,000.
What are key features of this property?
This property features: Brick construction; Forced air heating with natural gas; Garage parking
More about this property
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