Sold
Last Sold Price
6 beds
6850 S Perry Ave, Chicago, IL 60621
Multi FamilyProperty Type
3,750 sq ftLot Size
1906Year Built

Description

Calling all savvy investors! This rare, family-owned 3-flat presents an exceptional chance to secure a value-added asset with immediate income potential. Nestled in a prime location, the property boasts timeless charm blended with functional versatility, starting with its enclosed porches that extend living spaces and offer additional usable square footage. Inside, the formal living and dining room layout exudes classic appeal, providing a sophisticated foundation that tenants or future buyers will...Calling all savvy investors! This rare, family-owned 3-flat presents an exceptional chance to secure a value-added asset with immediate income potential. Nestled in a prime location, the property boasts timeless charm blended with functional versatility, starting with its enclosed porches that extend living spaces and offer additional usable square footage. Inside, the formal living and dining room layout exudes classic appeal, providing a sophisticated foundation that tenants or future buyers will appreciate. Clean, well-maintained common areas further enhance the building's marketability, ensuring a turnkey opportunity for investors ready to optimize returns. Two of the three units are currently occupied under leases extending through May 2025, with tenants already notified of the building's sale for a seamless transition to new ownership. One unit is vacant and available for viewing, allowing experienced investors to assess the space firsthand and envision its upside potential-whether through updates, rent increases, or a full renovation of the entire building. Priced to sell quickly and decisively, this property is offered strictly AS IS, with no contingencies for inspection. This is a rare chance to acquire a well-maintained, family-held asset with minimal hurdles-perfect for investors who move with confidence and clarity. Due diligence is encouraged upfront, as this unique offering will not linger on the market. Act now to secure this one-of-a-kind investment before it's gone. Schedule your private showing today-serious inquiries only, with proof of funds or pre-approval required.

    Sold By Keller Williams Success Realty

    • Listed by: James Mattz 708.249.3160 transactionsmanager@mattzmegagroup.com • Keller Williams Preferred Rlty
    Listing closed: 04/21/2025 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 12284506

    Recent comparable sales

    Median sold price

    $149,900

    Avg days on market

    43

    Sale-to-list ratio

    90.1%

    Chicago, IL

    9 comparable properties found

    $149,900 | 517 West Englewood Avenue, Chicago, IL 60621
    1/14
    1

    $149,900

    Sold 06/26/26

    6
    Bedrooms
    Unavailable
    Square Feet
    0.07
    Acres
    a front view of a house
    1/49
    2

    $200,000

    Sold 04/20/26

    6
    Bedrooms
    3,933
    Square Feet
    0.09
    Acres
    a view of a building with a door
    1/11
    3

    $210,000

    Sold 10/17/25

    6
    Bedrooms
    Unavailable
    Square Feet
    0.07
    Acres
    a front view of a building
    1/23
    4

    $430,000

    Sold 09/26/24

    6
    Bedrooms
    Unavailable
    Square Feet
    0.09
    Acres
    a front view of a house with a yard
    1/2
    5

    $250,000

    Sold 05/29/25

    6
    Bedrooms
    Unavailable
    Square Feet
    0.07
    Acres
    a house view with a garden space
    1/2
    6

    $104,000

    Sold 03/10/25

    6
    Bedrooms
    Unavailable
    Square Feet
    0.07
    Acres
    a view of a car parked in front of a house
    1/21
    7

    $95,000

    Sold 01/26/26

    6
    Bedrooms
    Unavailable
    Square Feet
    0.07
    Acres
    $140,000 | 8422 South Yates Boulevard, Chicago, IL 60617
    1/37
    8

    $140,000

    Sold 01/14/25

    6
    Bedrooms
    Unavailable
    Square Feet
    0.09
    Acres
    $115,000 | 6006 South Racine Avenue, Chicago, IL 60636
    1/2
    9

    $115,000

    Sold 02/04/25

    6
    Bedrooms
    Unavailable
    Square Feet
    0.07
    Acres

    Location

    Add your commute

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    OriginPoint Mortgage or Rocket Mortgage1

    $1,138 per month

    30 year fixed, 6.55% Interest

    Principal and Interest

    $915

    Property Taxes

    $223

    HOA Dues

    $0

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    Rocket Mortgage1

    Property Information for 6850 South Perry Avenue

    Property Details
    • Taxes: $2,674 / year
    • MLS Type: Two to Four Units / 3 Flat
    • County: Cook County
    • Area: CHI - Greater Grand Crossing
    • Township: Lake
    • Ownership: Fee Simple
    • Num Of Parking Spaces: 0.0
    • Heat/Fuel: Natural Gas, Hot Water/Steam
    • Zoning: MULTI
    Building Information
    • Residences: 3
    • Year Built: 1906
    • Lot Size: 0.09 AC / 3,750 SF
    General Information
    School Information
    • Elementary School District: 299
    • High School District: 299
    • Middle Or Junior School District: 299
    Property Information
    Interior Features
    • Num Of Rooms: 20
    • Bedrooms Total: 6
    • Bedrooms (Below Grade): 0
    • Basement Type: Unfinished, Full
    • Bedrooms Possible: 6
    • Basement Bathrooms: No
    • # Full Baths in Building: 3
    • # Half Baths in Building: 1
    • Num of Baths: 3.1
    Utilities / Equipment
    • Sewer: Storm Sewer
    • Water: Lake Michigan
    Property/Lot Information
    • New Construction YN: No
    • Rebuilt: No
    • Rehabilitated: No
    • Built Before 1978: Yes
    • Age: 100+ Years
    • Lot Size: Standard Chicago Lot
    • Lot Dimensions: 30 X 125
    • Total # Units in Building: 3.0
    • Waterfront: No
    • Exterior Building Type: Brick
    • Construction: Brick
    • Roof Type: Tar/Gravel
    • Foundation Details: Concrete Perimeter
    • General Information: None
    • North Coordinate: 0
    • South Coordinate: 6850
    • East Coordinate: 0
    • West Coordinate: 100
    • 3 Br Un In Bldg: No
    Property and Assessments
    • Buyer Financing: Conventional, Cash
    • Public Document Count: 5
    • Document Date: 2025-02-12T17:08:45
    • Photos Count: 1
    • OpenHouse Count: 1
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Additional Media Type 1: 3D Tour
    Multi Family
    Unit 1
    • Unit Type Actual Rent: $.00
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 1
    • Lease Expiration Date: N/A
    Unit 2
    • Unit Type Actual Rent: $700.00
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 2
    • Lease Expiration Date: 5/30
    Unit 3
    • Unit Type Actual Rent: $700.00
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 3
    • Lease Expiration Date: 5/30

    Property History for 6850 South Perry Avenue

    DateEvent & SourcePriceAppreciation
    Apr 21, 2025

    Sold

    MRED #12284506

    $180,000
    Apr 4, 2025

    Sold (Public Record)

    Public Record #1556671957

    $180,000
    Mar 7, 2025

    Pending

    MRED #12284506

    DateEvent & SourcePrice
    04/21/2025

    Sold

    MRED #12284506

    $180,000
    04/04/2025

    Sold (Public Record)

    Public Record #1556671957

    $180,000
    03/07/2025

    Pending

    MRED #12284506

    For completeness, we often displays two records for one sale: the MLS record and the public record.

    Public Records for 6850 South Perry Avenue

    Taxable ValueLand$1,061Additions$21,939Total$23,000
    Tax Record2023$2,743 ($229 / month)
    Home Facts
    Baths3Total Finished SqFt3,645 SqFtAbove Grade Finished SqFt3,645 SqFtStories3Lot Size3,538 SqFtStyleMulti-Family Res (5+ Units)Year Built1906CountyCOOKAPN20-21-407-022

    Schools near 6850 South Perry Avenue

    This home is within Chicago Public Schools.
    Rating
    School
    Type
    Grades
    Distance
    Public - PK to 8
    Public - 9 to 12
    Charter - 9 to 12
    Charter - 9 to 12
    Rating
    School
    Distance
    Parker Elementary Community Academy
    PublicPK to 8

    Englewood STEM High School
    Public9 to 12

    Johnson College Prep
    Charter9 to 12

    YCCS-Progressive Leadership Acad
    Charter9 to 12

    School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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    No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

    Listing Courtesy of Keller Williams Preferred Rlty

    Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 04/23/2025 03:01 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.