6820 South Perry Avenue

Chicago, IL 60621

$1,549,000
Price
38
Beds
19
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

The unique opportunity to acquire a meticulously maintained 19-unit walk-up building in the Greater Grand Crossing neighborhood of Chicago. This exceptional property features spacious all two-bedroom units, each offering 1,000 sq f of living space adorned with beautiful hardwood floors. The property has undergone several notable improvements, including newer windows, all copper plumbing, a high-efficiency boiler, updated electric systems, a new fence, and recent tuckpointing and security cameras....The unique opportunity to acquire a meticulously maintained 19-unit walk-up building in the Greater Grand Crossing neighborhood of Chicago. This exceptional property features spacious all two-bedroom units, each offering 1,000 sq f of living space adorned with beautiful hardwood floors. The property has undergone several notable improvements, including newer windows, all copper plumbing, a high-efficiency boiler, updated electric systems, a new fence, and recent tuckpointing and security cameras. There is potential for a significant increase in rent amount achieving a 12.2 cap rate, with the possibility to use an existing management company Taty Management. Conveniently situated just 9.3 miles south of Chicago's downtown loop area. It is located near "Chicago Transportation Authority" (CTA) 69th Street Red Line train station, ensuring easy commuting options for residents. Additionally, the proximity to the I-94 Expressway and several CTA bus stops, including 24, 67, and 167 routes.
  1. Listed by Angela Mana • Barr Agency, Inc

Property Details for 6820 South Perry Avenue

Area
CHI - Greater Grand Crossing

Location

Listing Courtesy of Barr Agency, Inc
Add your commute
LISTING UPDATED: 04/08/2024 12:06 AM

Property Details for 6820 South Perry Avenue

StatusActive
MLS #12018436
Days on Market42
Taxes$20,701 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Multi Family 5+-Garden Complex
Year Built1926
Lot Size0.20 AC / 8,750 SF
CountyCook County

Location

Listing Courtesy of Barr Agency, Inc
Add your commute

Building Information for 6820 South Perry Avenue

Stories-Residences19Year Built1926Building Size-Lot Size0.20 AC / 8,750 SF

Payment Calculator

$10,179 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,454

Property Taxes

$1,725

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 6820 South Perry Avenue

General Information
Addtl Parking Information
  • Open Parking Spaces: 0.0
Location and General Information
  • Information: 24-Hr Notice Required,List Broker Must Accompany
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Window Unit(s)
  • # Of Washers: 1
  • Heat/Ventilation: Central Bldg Heat,Gas
  • # Of Refrigerators: 19
  • Washer/Dryer Lsd: Yes
  • # Of Dryers: 1
  • Num of Baths: 19.0
Property/Lot Information
  • Tenant Pays: Electricity
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Garden Complex
  • Lot Dimensions: 8750
  • Lot Size Square Feet: 8750.0
  • Stories: 4
  • Exterior Building Type: Brick
  • Construction: Brick
  • # Of Ranges: 19
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 18
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 19
Income & Expenses
  • Electric Expense: $1,217.00
  • Fuel Expense: $8,091.00
  • Gross Income: $212,484.00
  • Gross Scheduled Income: $212,484.00
  • Insurance Expense: $10,378.00
  • Maintenance Expense: $4,300.00
  • Manager Expense: $1,900.00
  • Electric Expense Source: Actual
  • Expense Year: 2022
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Janitor Expense: 3300
  • Net Operating Income Year: 2023
  • Trash Expense Source: Actual
  • Total Monthly Income: 17707
  • Water Expense Source: Actual
  • Net Operating Income: $148,188.00
  • Operating Expense: $64,296.00
  • Other Expense: $300.00
  • Trash Expense: $5,668.00
  • Water Sewer Expense: $8,441.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 19
Unit 2
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 0
Unit 3
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 6820 South Perry Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 6820 South Perry Avenue

Taxable ValueLand$5,468Additions$102,453Total$107,921
Tax Record2022$22,197 ($1,850 / month)
Home Facts
Stories3Lot Size8,750 SqFtStyleMulti-Family Res (5+ Units)Year Built1926CountyCOOKAPN20-21-407-015

Schools near 6820 South Perry Avenue

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - 9 to 12
Charter - 10 to 12
Rating
School
Distance
Parker Elementary Community Academy
PublicPK to 8

Robeson High School
Public9 to 12

Johnson College Prep
Charter9 to 12

YCCS-Progressive Leadership Acad
Charter10 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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6820 South Perry Avenue is a multi-family home for sale in Chicago, IL 60621. This property was listed for sale on April 1, 2024 by Barr Agency, Inc, it's currently listed at $1,549,000. It has been on the market for a total of 42 days and was last sold on February 4, 2022. This listing's school district is City Of Chicago School District 299. Nearby schools include Parker Elementary Community Academy, Robeson High School and Johnson College Prep. 6820 South Perry Avenue is a 38-bed, 19-bath, multi-family home built in 1926.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Barr Agency, Inc

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. Based on information submitted to the MLS GRID as of 04/08/2024 12:06 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.