6825 S Perry Ave, Chicago, IL 60621

This exceptional 44-unit multifamily property is situated on a tranquil, tree-lined street in Chicago's Greater Grand Crossing neighborhood. The building boasts a desirable mix of 26 one-bedroom/one-bathroom units, 8 two-bedroom/one-bathroom units, and 10 studio apartments. A significant portion of the units have undergone renovations, featuring updated kitchens and bathrooms. Its convenient location offers easy access to both the Dan Ryan Expressway and the CTA Red Line (69th stop), providing residents with seamless public transportation options and a quick commute to downtown Chicago. The property presents a compelling value-add opportunity for investors, with potential for increased yield and cash flow through improved leasing and management strategies, including the leasing of currently vacant, updated units. The 0.6-acre lot houses a 26,200 square foot building. This investment presents a strong opportunity to capitalize on the growing demand for rental housing in a well-connected Chicago neighborhood. The property's strong unit mix, recent renovations, and strategic location combine to create a compelling investment proposition. Financial details are available upon request.