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Image 1 - 6816-6824 South Perry Avenue, Chicago, IL 60621, USA - House for sale
Image 2 - 6816-6824 South Perry Avenue, Chicago, IL 60621, USA - House for sale
Image 3 - 6816-6824 South Perry Avenue, Chicago, IL 60621, USA - House for sale
Image 4 - 6816-6824 South Perry Avenue, Chicago, IL 60621, USA - House for sale
Image 5 - 6816-6824 South Perry Avenue, Chicago, IL 60621, USA - House for sale
Image 6 - 6816-6824 South Perry Avenue, Chicago, IL 60621, USA - House for sale
Image 7 - 6816-6824 South Perry Avenue, Chicago, IL 60621, USA - House for sale
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Image 9 - 6816-6824 South Perry Avenue, Chicago, IL 60621, USA - House for sale
Home For Sale In Chicago, Illinois
6816-6824 South Perry Avenue, Chicago, IL 60621, USA

Home For Sale In Chicago, Illinois

house for sale
Listed: 04/05/24

6816-6824 South Perry Avenue, Chicago, IL 60621, USA

Studio Bed:
1 Bath:
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Price
$ 1,55M

About This House

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 offering1, 000sq 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, including24, 67,and 167 routes.

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Greater Grand Crossing Housing & Living

Household Income

Median household income: $57,238
Number of households: 1,1M
The average household income in Chicago, IL grew from $55,295 to $57,238 in the past year. This data is an estimate based upon 1,1M households in Chicago, IL.
The chart below presents how household income is distributed in Chicago, IL in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Chicago, IL compared to median property taxes around the country. The prevalent amount of property taxes in Chicago, IL equals $3k+ , which is more than the national average.